Board vs CCH Tagetik comparison

Board

Read 35 Board reviews

1,514 Views
1,027 Comparison Views

94% willing to recommend

CCH Tagetik

Read 6 CCH Tagetik reviews

1,015 Views
848 Comparison Views

85% willing to recommend

Board

CCH Tagetik

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Board and CCH Tagetik based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Board vs. CCH Tagetik Report (Updated: May 2024).

Buyer's Guide

Board vs. CCH Tagetik

May 2024

Download the complete report

Helped 787,061 peers since 2012

Categories and Ranking

Board

Ranking in Business Performance Management

11th

Average Rating

8.6

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (23rd), Reporting (19th)

CCH Tagetik

Ranking in Business Performance Management

13th

Average Rating

7.6

Number of Reviews

Ranking in other categories

Financial Close Software (8th)

Market share comparison

As of June 2024, in the Business Performance Management category, the market share of Board is 6.5% and it increased by 12.5% compared to the previous year. The market share of CCH Tagetik is 9.7% and it increased by 51.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Unique Categories:

BI (Business Intelligence) Tools

0.6%

Reporting

0.5%

Financial Close Software

6.4%

Featured Reviews

it_user857490

Consultant at a financial services firm

Apr 17, 2018

Centralizes our data, gives us version control and the ability to report dynamically

Our primary use case is for forecasting and budgeting. We budget capital expenditures, the full P&L financial statement. We have our top-level VPs enter their driver rules and then Finance goes on the back-end and calculates the gross margin impact of that. We capture operational expenses down to…

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Julia Lupidii

Senior EPM Consultant at Solution BI France

Sep 28, 2023

User-friendly performance management with intuitive approach

I appreciate its user-friendliness, especially for business users who may not be very tech-savvy. In many organizations, there's a mix of IT professionals and business users with varying levels of technical expertise. One of the strengths of the solution includes a feature similar to SmartView, is that it allows users to work with Excel. Since Excel is a widely familiar tool, it reduces the learning curve and makes it more accessible to a broader audience within the organization. The workflow feature within the solution is particularly valuable. It simplifies complex processes into a step-by-step sequence, making it easy for users to follow along.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"All staff can now see their relevant scorecards online."

"A lot of flexibility from the data modeling standpoint. It can add specific line items into our budget, for example, or if we want to make changes to the data model itself, we have that flexibility."

"It is useful for self-analysis regarding company data and helps to find areas where we can improve."

"The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."

"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."

"It has definitely saved us time, especially in our budget and planning processes."

"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."

"BOARD technical support is knowledgeable and helpful."

More Board pros

"I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage."

"The most valuable feature of CCH Tagetik is form creation."

"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."

"Has an APM, which deals with the details of data and has calculation functions included."

Cons

"We have had some challenges with newer version of the rollout in terms of stability."

"One thing that I personally would like to see is additional visualization tools for visuals."

"The product can be improved by making it possible to know where cubes are used."

"It's very powerful, but there is also a big learning curve. It should be a little more intuitive."

"The setup was a bit complex."

"My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. "

"It can have more functionality for narrative reporting. They should also improve their training courses, which are currently very lightweight. When you get into more complex things, it is quite difficult to figure out what you're supposed to do, and you have to look at a lot of videos before you actually understand, which is a bit frustrating. Their training can be more comprehensive."

"We can't delete entities and cubes in Boards because it interrupts our whole data model."

More Board cons

"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."

"The tool's major drawback is the ETL process, which is not up to par with other solutions."

"We faced difficulties while uploading data."

"There is room for improvement, especially on the settings side of the solution."

Pricing and Cost Advice

"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."

"In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."

"It is not the cheapest product on earth, but you get so much. It provides good value for money."

"Find a partner who will take responsibility for the implementation, and be available for support."

"The solution is quite expensive."

"The solution's pricing is affordable."

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787,061 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Computer Software Company

14%

Financial Services Firm

10%

Manufacturing Company

Wholesaler/Distributor

Financial Services Firm

14%

Manufacturing Company

13%

Computer Software Company

12%

Retailer

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?

We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...

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What do you like most about Board?

All the reports are prepared automatically.

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What needs improvement with Board?

Sometimes, the data disappears from the product. We have had a few such cases. When I added my comments to the data, it disappeared. A technical specialist tried to restore it. It was not convenien...

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What do you like most about CCH Tagetik?

I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Reg...

See all answers

What is your experience regarding pricing and costs for CCH Tagetik?

The solution's pricing is affordable.

See all answers

What needs improvement with CCH Tagetik?

The tool's major drawback is the ETL process, which is not up to par with other solutions.

See all answers

Comparisons

Anaplan vs Board

Compared 29% of the time

SAP Analytics Cloud vs Board

Compared 16% of the time

IBM Planning Analytics vs Board

Compared 9% of the time

Oracle Hyperion vs Board

Compared 9% of the time

Jedox vs Board

Compared 4% of the time

More Board Competitors

SAP Business Planning and Consolidation vs CCH Tagetik

Compared 22% of the time

Oracle HFM vs CCH Tagetik

Compared 18% of the time

Anaplan vs CCH Tagetik

Compared 9% of the time

Oracle Hyperion vs CCH Tagetik

Compared 9% of the time

Oracle Planning and Budgeting Cloud vs CCH Tagetik

Compared 6% of the time

More CCH Tagetik Competitors

Product Reports

Buyer's Guide

Board

June 2024

Download Board product report

Buyer's Guide

Business Performance Management

June 2024

Download CCH Tagetik product report

Also Known As

No data available

Tagetik

Learn More

Board International

Video not available

Wolters Kluwer

Overview

BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

CCH Tagetik goes beyond basic CPM. By aligning financial and operational data in a unified platform, our software ensures you're working with a single version of the truth. The result is faster financial processes and a complete view of your entire organization.

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB

Daimler, Randstad, Rabobank, Metro Group

Buyer's Guide

Board vs. CCH Tagetik

May 2024

Free Report: Board vs. CCH Tagetik

Find out what your peers are saying about Board vs. CCH Tagetik and other solutions. Updated: May 2024.

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We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.