Digital transformation of the CFO's office with PwC & CCH Tagetik

CCH Tagetik

In today's rapidly evolving business environment, organisations face numerous challenges in managing their financial, tax and sustainability responsibilities. From consolidating data across multiple systems to ensuring compliance with ever-changing regulations, the financial planning and analysis (FP&A), tax, and sustainability teams are under increasing pressure to deliver accurate and timely insights.

Boost your business with PwC and CCH Tagetik

At PwC, we have been a proud partner of CCH Tagetik since 2010. Our strong commitment, well-established expertise, over 130 successful projects since 2008 and a team of more than 100 Tagetik experts globally has led to us being recognised as Tagetik’s Partner of the Year multiple times.

Since 2024, PwC Belgium and CCH Tagetik have also confirmed their commitment to join forces on the Belgian market. This collaboration agreement emphasises that both companies will combine their expertise and resources to better serve Belgian clients, utilising each other's strengths to address local business needs more effectively. Additionally, by leveraging our global network, PwC empowers businesses to enhance their financial processes and maintain competitiveness in today's rapidly evolving landscape.

PwC supports organisations through the entire CCH Tagetik implementation lifecycle, including analysis, design, implementation, cutover, go-live, user training and application maintenance. We ensure seamless integration with existing processes and smooth adoption by users. By leveraging our experience with CCH Tagetik and expertise in IT, finance and regulatory compliance, we help clients drive digital transformation in the following domains: financial close and consolidation, financial planning and budgeting, corporate tax (i.e. Pillar Two) and sustainability and regulatory compliance.

Financial close and consolidation

Enhance the scope, speed and accuracy of financial close processes with a solution that adapts to increasing data volumes and evolving accounting standards, sustainability, tax and regulatory requirements.

Financial planning and budgeting

CCH Tagetik's budgeting, planning and forecasting software empowers organisations to make better decisions faster. Whether dealing with market volatility, launching new products, or navigating mergers and acquisitions, this solution allows for more frequent and in-depth planning.

Corporate tax (i.e. Pillar Two)

Mitigate risk, increase capacity and improve efficiency with comprehensive corporate tax solutions. This approach streamlines the complexities of Base Erosion Profit Shifting (BEPS) Pillar Two, covering data collection, calculations, reporting and country-by-country reporting, and aligns it with OECD guidance.

Sustainability and regulatory compliance

Sustainability performance management solutions enable the production of insightful reports. By integrating sustainability considerations with corporate performance management, organisations can understand how sustainability initiatives align with financial goals. This facilitates strategic decision-making that fosters growth while minimising risks related to credit, climate, reputation and workforce.

Leveraging technology and AI: PwC's cutting-edge solutions

The following solutions have been developed by the PwC global network, demonstrating our commitment to delivering innovative solutions that address complex business challenges.

PwC has developed a tax provision and reporting solution for CCH Tagetik, based on international accounting standards (IAS) 12 and US generally accepted accounting principles (GAAP). This module uniquely integrates tax into a unified finance platform, enhancing corporate tax process efficiency and effectiveness. This helps organisations to meet increasing stringent regulatory demands and supports the digital transformation of tax functions, boosting their strategic role.

Our solution is tailored to each client's needs for a user-friendly experience. It automatically sources all necessary data from the CCH Tagetik platform, eliminating the complexity of managing spreadsheets and reducing manual effort by up to 90%.

PwC's Decarbonisation Compass in CCH Tagetik provides a streamlined approach to managing long-term decarbonisation plans through four key steps:

  1. Target definition: establish decarbonisation goals using internal projections or European standards like Net Zero.

  2. Baseline and business as usual (BAU): upload current CO2 emissions to assess the BAU scenario and identify opportunities for improvement.

  3. Action plan: craft a detailed plan with actions aimed at achieving targets, including cost assessments, energy savings and emissions reductions.

  4. Strategy overview: use dashboards to analyse different scenarios and evaluate the impact of each action, facilitating informed decision-making.

This solution supports organisations in effectively navigating their sustainability journey while maintaining operational efficiency.

"The agreement between PwC BE and CCH Tagetik fortifies our collaboration, enabling us to deliver exceptional advisory and implementation services in the Belgian market. Together, we empower clients with advanced CCH Tagetik solutions for consolidation, budgeting, tax reporting and sustainability reporting, driving their strategic success.”

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Contact us

Nick Van Den Bosch

Nick Van Den Bosch

Director, PwC Belgium

Tel: +32 477 73 12 34

Louis Vertommen

Louis Vertommen

Manager, PwC Belgium

Tel: +32 474 61 74 77

Connect with PwC Belgium