Stella International Implements CCH Tagetik for Financial Transformation

Web DeskJuly 2, 2024 04:16 PMbusiness
  • Streamlined financial processes and reduced operational costs
  • Automated budgeting and reporting for enhanced efficiency
  • Improved decision-making with real-time data and strategic insights
Stella International Implements CCH Tagetik for Financial TransformationImage Credits: BLUEBIRD Consulting
Stella International Holdings Limited enhances financial operations with CCH Tagetik software from Wolters Kluwer, driving efficiency and strategic decision-making for sustained growth.

Stella International Holdings Limited has recently implemented the CCH Tagetik Corporate Performance Management software to revolutionize its finance operations. This strategic move aims to streamline financial processes, reduce time and labor costs, and generate more accurate financial reports tailored to different business divisions.

Prior to adopting the CCH Tagetik platform, Stella International faced challenges with manual budgeting, forecasting, and reporting methods. This resulted in limited access to real-time data, labor-intensive financial analysis, and increased operational costs. By choosing Wolters Kluwer's CCH Tagetik solution, Stella International is now able to automate budgeting, reporting, and forecasting processes, empowering the finance team to focus on value-added tasks and support decision-making with strategic insights.

The integration of the CCH Tagetik platform has significantly improved expense and cost management across divisions, enhanced forecast accuracy, and enabled leaders to make quicker, well-informed decisions in real-time. This digital transformation has positioned Stella International for greater efficiency and competitiveness in the market.

Wolters Kluwer, the provider of CCH Tagetik software, is a renowned global leader in professional information and software solutions. With a strong emphasis on combining domain knowledge with specialized technology, Wolters Kluwer reported annual revenues of €5.6 billion in 2023. Operating in over 40 countries and serving customers in more than 180 countries, Wolters Kluwer employs around 21,400 individuals globally from its headquarters in the Netherlands.

The successful integration of the CCH Tagetik software by Stella International Holdings Limited marks a significant milestone in the company's digital transformation journey. By leveraging Wolters Kluwer's expertise and innovative solutions, Stella International has enhanced its financial operations, improved decision-making processes, and positioned itself for sustained growth and success in the competitive business landscape.

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