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EY will leverage Wolters Kluwer CCH Tagetik Corporate Performance Management (CPM) solution to help companies streamline financial processes, integrate business planning, and drive regulatory compliance

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that it has expanded its strategic alliance with Ernst & Young LLP (EY US). EY US will now utilize the Wolters Kluwer market-leading CCH Tagetik Corporate Performance Management (CPM) solution to support large financial transformations.

The EY- CCH Tagetik Alliance offers extensive support to large financial transformations, covering a broader set of digitally enabled services on a single platform for financial data and operational planning. The CCH Tagetik platform intuitive interface, built-in financial intelligence, and automated workflows allow teams to complete typical finance processes efficiently. The pre-built solutions addressing major financial regulations also simplify the compliance process.

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CCH Tagetik goes beyond traditional CPM solutions to deliver:

  • Productivity improvements, reduced financial close cycle, and increased benefits from automation in CPM cloud tools
  • Simplified processes, clear visibility, and built-in compliance for the finance departments
  • Faster completion of everyday processes so teams can focus on their strategic goals through better insights

Taylor Adams, Data and Analytics – Finance Partner with EY US, says: “Our use of the Wolters Kluwer CCH Tagetik expert solution positions EY teams to play an invaluable role in driving the speed and efficiency of our client’s financial transformation initiatives. Together, we will make great strides in leading the automation of workflows that integrate financial, strategic, and operational goals and drive improved business outcomes.”

EY’s operations in Italy and Belgium started using CCH Tagetik earlier this year, and the company expects to introduce the market-leading technology to additional global markets.

Ralf Gaertner, Senior Vice President & General Manager, CCH Tagetik at Wolters Kluwer, says:

“The continued expansion of our strategic alliance with EY underscores the Wolters Kluwer commitment to bringing the full value of our extensive portfolio of solutions and services to advance our clients’ global strategies and goals. By combining the comprehensive CCH Tagetik platform with EY’s deep financial sector expertise, we can support EY in its commitment to build a better working world by helping businesses drive growth, efficiency, and productivity.

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