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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
4th
Average Rating
7.8
Reviews Sentiment
6.8
Number of Reviews
7
Ranking in other categories
Business Performance Management (8th)
SAP Business Planning and C...
Ranking in Financial Close Software
13th
Average Rating
7.0
Number of Reviews
1
Ranking in other categories
Financial Performance and Strategy Management (5th)
 

Mindshare comparison

As of April 2026, in the Financial Close Software category, the mindshare of CCH Tagetik is 7.4%, up from 6.8% compared to the previous year. The mindshare of SAP Business Planning and Consolidation is 4.7%, down from 6.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software Mindshare Distribution
ProductMindshare (%)
CCH Tagetik7.4%
SAP Business Planning and Consolidation4.7%
Other87.9%
Financial Close Software
 

Featured Reviews

KK
CTO at Grupa Wirtualna Polska
Automatic data integration and validation streamline financial reporting
I am an external consultant for an insurance company where CCH Tagetik was implemented instead of Oracle HFM about two years ago. I support preparing data for CCH Tagetik by preparing files, loading data via IPL, and supporting integration from Oracle or any other general ledger that entities use…
it_user90087 - PeerSpot reviewer
Senior Consultant at a tech services company with 51-200 employees
​​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.

Quotes from Members

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

Pros

"The most valuable feature of CCH Tagetik is form creation."
"Has an APM, which deals with the details of data and has calculation functions included."
"The ability for integration and automatic loading from the Oracle system into CCH Tagetik is very valuable."
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."
"It's user friendly, and it doesn't require code programming, with only the parameters needing to be entered."
"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."
"APM, which deals with the details of data and has calculation functions included, is very powerful, and accounting and financial departments members like it."
"Up to the implementation of the application, it used to take weeks to the consolidation team to carry out the entire, monthly, financial consolidation, now it takes them just one or two days to perform the entire process."
 

Cons

"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"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."
"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."
"Stability issues: Yes there are."
"We faced difficulties while uploading data."
"There is room for improvement, especially on the settings side of the solution."
"Because of the on-the-fly functionalities, we do see that especially with larger databases, the response times of the reports are under pressure."
"There are no tutorials or wizards inside the tool, and I think they would be very useful sometimes."
 

Pricing and Cost Advice

"The solution is quite expensive."
"The solution's pricing is affordable."
Information not available
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Top Industries

By visitors reading reviews
Manufacturing Company
14%
Financial Services Firm
10%
Healthcare Company
8%
Computer Software Company
8%
Manufacturing Company
14%
Energy/Utilities Company
10%
Comms Service Provider
7%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business4
Large Enterprise4
No data available
 

Questions from the Community

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...
What is your primary use case for CCH Tagetik?
I am an external consultant for an insurance company where CCH Tagetik was implemented instead of Oracle HFM about two years ago. I support preparing data for CCH Tagetik by preparing files, loadin...
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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, OneStream and others in Financial Close Software. Updated: March 2026.
885,444 professionals have used our research since 2012.