WEBVTT 1 00:00:10.285 --> 00:00:17.797 We do have three major divisions and they all have different disparate 2 00:00:17.798 --> 00:00:27.310 systems so we were able to use a software like CCH Tagetik to consolidate them up and bring that sort of reporting into one 3 00:00:27.311 --> 00:00:36.824 place so you're just getting one point of truth. We were actually before on Hyperion Enterprise 4 00:00:36.825 --> 00:00:46.337 and then when we went looking for a replacement for that system we ended up with CCH Tagetik, obviously being able to easily load 5 00:00:46.338 --> 00:00:55.851 from different disparate GL systems and use the data entry forms to load data as well allows us to 6 00:00:55.852 --> 00:01:05.364 quickly and easily get the data in the database and then we can move on and start a report. The number one reason that we went with CCH Tagetik 7 00:01:05.365 --> 00:01:14.878 was that everything was combined in one database, number two I think is the customer service that CCH Tagetik has offered, it has been very 8 00:01:14.879 --> 00:01:24.391 very helpful, the web-based application to allow remote users to easily connect and use a system which was not 9 00:01:24.392 --> 00:01:33.904 something that we had with Hyperion Enterprise. Our best look scenario is basically taking, combining our actuals and the 10 00:01:33.905 --> 00:01:43.418 most current forecast for plan and building up a scenario instead of doing a forecast every month like a rolling forecast. It was taking me 11 00:01:43.419 --> 00:01:52.931 minimum 2 days, sometimes 3 days to complete it once we had all the financials done for the book, we're able to 12 00:01:52.932 --> 00:02:02.445 build using the tools within CCH Tagetik to bring that 2 to 3 days down to 15 minutes, that's saved an enormous amount of time. 13 00:02:02.446 --> 00:02:11.958 I'm quite happy with that, another beauty thing is that we can run it as we go through the month, so the business units are done 14 00:02:11.959 --> 00:02:21.472 earlier than we are from the whole company, so they can run it at day 2 or day 3 and they'll have their best look already for them 15 00:02:21.473 --> 00:02:30.985 and they don't have to wait till day 5 when I'm running it. I would recommend CCH Tagetik to other companies, we felt it was a good product, a solid product 16 00:02:30.986 --> 00:02:35.484 and we're happy with our acquisition.