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CCH Tagetik vs SAP Business Planning and Consolidation comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

Categories and Ranking

CCH Tagetik
Ranking in Financial Close Software
7th
Average Rating
7.8
Reviews Sentiment
6.8
Number of Reviews
7
Ranking in other categories
Business Performance Management (11th)
SAP Business Planning and C...
Ranking in Financial Close Software
11th
Average Rating
7.0
Number of Reviews
1
Ranking in other categories
Financial Performance and Strategy Management (5th)
 

Mindshare comparison

As of June 2025, in the Financial Close Software category, the mindshare of CCH Tagetik is 7.1%, up from 6.6% compared to the previous year. The mindshare of SAP Business Planning and Consolidation is 6.1%, down from 10.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software
 

Featured Reviews

Julia Lupidii - PeerSpot reviewer
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.
it_user90087 - PeerSpot reviewer
​​It's a robust solution with no issues​. In my view, it is necessary to introduce another way to create reports apart from MS Excel.
There are no tutorials or wizards inside the tool, and I think they would be very useful sometimes. Having said that, I suspect that it is one of the SAP's strategies, because they get a lot of money from SAP training and don't want people learning who to work with their products on their own. There is another thing as well which could be improved. In my view, it is necessary to introduce another way to create reports apart from MS Excel, and it must be a way that can be exploited through mobile devices as well.
report
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Top Industries

By visitors reading reviews
Manufacturing Company
12%
Financial Services Firm
10%
Computer Software Company
9%
Retailer
8%
Energy/Utilities Company
11%
Computer Software Company
11%
Manufacturing Company
10%
Healthcare Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

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...
What is your experience regarding pricing and costs for CCH Tagetik?
I am not informed about pricing, but CCH Tagetik was chosen over HFM due to more comprehensive functionalities related to IFRS 17. For larger companies, pricing might be less important compared to ...
What needs improvement with CCH Tagetik?
There is a need for improvement in the ability to generate all reports from one click, like both P&L and balance sheets, to be available together in Excel. It would also be helpful if the syste...
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Also Known As

Tagetik
SAP BPC
 

Overview

 

Sample Customers

Daimler, Randstad, Rabobank, Metro Group
Medtronic, Cirque du Soleil, Antarc, B&G Manufacturing, EarlySense, eBay, Ferrero, James Austin Company, Lenovo, Sagem, RAK Ceramics, Vodafone
Find out what your peers are saying about Blackline, Sage, Workiva and others in Financial Close Software. Updated: June 2025.
858,327 professionals have used our research since 2012.