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CCH® Tagetik® Predictive Intelligence

AI-powered predictions. Clearer insights. More informed planning.

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AI-powered forecasting with insights you can explain

CCH® Tagetik Predictive Intelligence uses AI and machine learning to analyse historical financial and operational data, identify patterns and generate predictions. Finance teams can understand the drivers behind predicted outcomes and use those insights to inform planning.

  • Use AI-generated predictions as a starting point for forecasts

  • Understand the factors influencing predicted performance

  • Compare predictions with existing plans to challenge assumptions

  • Identify potential risks and opportunities earlier

  • Retain control by reviewing predictions and applying business judgement

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Common Challenges

Rapidly Changing Business Environment

Due to advents in technology, global events, and smarter workplaces, the pace of business, competition, and market shifts accelerates with each passing quarter, posing uncertainty on both short- and long-term plans. Finance and operations struggle to produce recommendations fast enough.

Plans Lack Data Robustness

Planning processes suffer from high levels of data stored in multiple disconnected systems, poor data quality due to human input errors and incomplete historical data. Also, a lack of context where no correlation can be made between operations, external conditions and financial results.

Disconnected Performance Insights

CFOs are expected to provide strategic guidance, more often and in greater detail. Without technology to guide them, they can’t possibly consider all business variables — they’re much too complex for the human mind to process. Most plans are created based on a single set of departmental data.

Overreliance on AI Forecasts

Predictive intelligence must complement - not replace - business judgement. Successful organisations must combine AI - generated forecasts, operational insights and management expertise. Blindly accepting predictions can lead to poor decision making if unusual circumstances aren't considered.

Features & Benefits

Instant Accurate Plans

See what the future will be in one click. The CCH Tagetik out-of-box predictive solution embeds machine learning technology to boost their budgeting, planning and forecasting solution with predictive models. It can also highlight emerging issues before they appear in standard reports, which would allow organisations to take corrective actions sooner.

Pinpoint Underlying Business Drivers

Knowing what’s predicted and why, leads to the know-how to improve results. CCH Tagetik empowers you to choose a better future with insights gained from comprehensive plans, predictive simulations, and what-if scenarios. Change your performance drivers and play out the impacts of different strategies to see how the predicted results change, and automatically identify unusual trends, outliers or unexpected variances to alter users to potential issues that requires investigation.

Make Better Decisions, Faster

Connect the dots between, financial, operational and external data to produce explainable predictions. Understand how factors such as sales volume, headcount, pricing or market condition influences results.

Be Agile Through Changing Conditions

Embedded machine learning trains on your historical data to understand your patterns, rank your business drivers and instantly incorporate the new data into your models. Predict future results based on real-time information.

Empower Planners

CCH® Tagetik is ready-made for business planners. No need to be a data scientist. Identify performance drivers, and then eliminate bias and mistakes caused by human error. Predictions are objective, data-driven, and backed by a history of in-depth trends.

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