In an era where agility and compliance are more crucial than ever, finance teams are constantly seeking ways to streamline operations, reduce risk, and enhance reporting accuracy, all without overhauling their existing systems. That’s where CCH® Tagetik’s point solutions step in, offering targeted functionality that integrates seamlessly with your current consolidation or ERP platform, whether that’s Tagetik, IBM, SAP, Oracle or another provider.
What Are CCH® Tagetik Point Solutions?
CCH® Tagetik’s point solutions are modular, standalone applications designed to address specific finance and compliance challenges. Whether you’re grappling with lease accounting complexities, striving for faster and more accurate account reconciliations, or preparing disclosures under tight deadlines, these tools deliver focused capabilities without requiring a full migration to the CCH® Tagetik platform. They also integrate easily with your existing technology stack.
Why Choose Point Solutions?
These solutions are vendor-agnostic, meaning they work whether your organisation uses CCH® Tagetik, IBM, SAP, Oracle or any other consolidation system. For organisations looking to enhance performance without disruption, point solutions offer a strategic advantage:
- Rapid Deployment: Get up and running quickly with minimal IT involvement
- Seamless Integration: Compatible with your existing system landscape, avoiding business disruption
- Cost Efficiency: A targeted investment in a specific capability, without the need for a full platform overhaul
- Scalability: Start small and expand over time as your organisation’s needs evolve
- Cross-Platform Compatibility: Works with leading consolidation and ERP systems including IBM, SAP, Oracle and more
Examples of CCH® Tagetik Point Solutions in Action
1. Account Reconciliation
Manual reconciliation processes are often error-prone, time-consuming and resource-intensive. CCH® Tagetik’s Account Reconciliation solution automates the matching and validation process, reducing errors, improving audit trails, and enabling finance teams to close faster with greater confidence.
2. Lease Accounting (IFRS 16, ASC 842 and FRS 102)
As lease accounting standards evolve, maintaining compliance can become a significant burden, particularly for organisations navigating the nuances between IFRS 16, ASC 842 and FRS 102 Section 20 under UK GAAP. CCH® Tagetik’s Lease Accounting solution centralises lease data and automates the calculation of liabilities and right-of-use assets. It helps ensure compliance across multiple reporting frameworks while reducing reliance on spreadsheets, improving accuracy and streamlining audit readiness.
3. Disclosure Management
When preparing financial statements, annual reports or regulatory disclosures, accuracy and consistency are essential. CCH® Tagetik’s Disclosure Management tool enables finance teams to collaborate in real time, maintain version control and produce error-free reports that meet both local and international compliance requirements.
4. ESG and Sustainability Performance Management
With growing regulatory pressure and increased stakeholder demand for transparency, Environmental, Social and Governance (ESG) reporting is becoming a strategic priority. CCH® Tagetik’s ESG and Sustainability solution empowers organisations to consolidate non-financial data, align reporting with global frameworks such as CSRD, GRI and SASB, and monitor ESG KPIs in real time. Finance teams can integrate sustainability reporting into broader performance management, delivering audit-ready outputs and future-proofing compliance.
Designed for the Office of Finance
What sets these tools apart is their design philosophy. Built by finance, for finance, there is no need for ongoing IT support to keep them running. Finance teams can take ownership of the tools, from configuration through to reporting, all within a familiar Excel-style interface.
Future-Ready, Today
Finance leaders continue to face increasing pressures from ESG regulations, evolving tax codes and faster reporting expectations. The ability to deploy targeted, effective solutions quickly is now a key differentiator.
By adopting CCH® Tagetik point solutions, organisations can meet immediate challenges while laying the foundation for long-term transformation.
Looking for More?
At HAYNE Solutions, we help organisations across the UK implement and support CCH® Tagetik point solutions that deliver measurable value. Whether you’re looking to streamline reconciliations, improve lease compliance, automate disclosure reporting or enhance ESG performance, our team of CCH® Tagetik experts can support you every step of the way.
Ready to learn more? Contact us today to explore how a CCH® Tagetik point solution — whether for Account Reconciliation, Lease Accounting, Disclosure Management or ESG — could benefit your finance team without disrupting your environment.
