Wolters Kluwer Launches AI Powered CCH Tagetik Platform: Revolutionizing Corporate Performance Management

Launch of Wolters Kluwer'sPowered CCH Tagetik Intelligent Platform

New York, May 15th, 2024 - Wolters Kluwer, a leading global information and technology company known for its expertise in providing premier content-based solutions to professional industries worldwide, recently unveiled an unprecedented revolution within Corporate Performance Management CPM through the launch of theirpowered CCH Tagetik Intelligent Platform. This pioneering step underscores the evolution of Finance Office practices with , promising enhanced efficiency, accuracy, and strategic capabilities for financial processes.

Ralf G?rtner, Senior Vice President and General Manager of Corporate Performance Management Solutions at Wolters Kluwer, confidently declared this platform as a 'first-of-its-kind', an intelligent suite that promises to accelerate the Financial Close and Planning Cycles by an astonishing fifteen times their current pace. Theenhanced capabilities are poised to empower CFOs with instantaneous insights for rapid decision-making.

The CCH Tagetik Intelligent Platform introduces a series of groundbreakingfeatures including Ask Intelligent Analytics,Automapping,Anomaly Detection, and Intelligent Disclosure. These tools are designed to democratize access to financial data, automate ing of large datasets at incredible speed, and enhance decision-making with precise data-driven insights.

Askoffers real-time visual answers through input, both in text and voice format, significantly increasing time spent on value-adding activities such as analysis and innovation. Intelligent Analytics provides self-service reporting and data visualization capabilities, whileAutomapping ensures data integrity and governance.Anomaly Detection detects discrepancies to mntn data accuracy.

Wolters Kluwer's substantial investment intechnology is evident with these industry-first innovations, signaling a robust commitment to the digital transformation journey of finance professionals worldwide. To keep abreast ofadvancements, interested individuals are encouraged to visit Wolters Kluwer'sCenter for further information and engagement on LinkedIn, Facebook, YouTube, Instagram, and their official website at www.wolterskluwer.com.

Wolters Kluwer holds a prominent position in the global market with revenues totaling €5.6 billion as of 2023. With operations spanning more than forty countries worldwide and approximately twenty-one thousand four hundred employees across its footprint headquartered in Alphen aan den Rijn, Netherlands, Wolters Kluwer is at the forefront of innovation for professional industries.

To explore how this platform enhances financial processes throughpowered capabilities likeDriver-Based Analysis, enabling CFOs to identify critical business drivers for growth and allocate resources with greater precision. Additionally, Predictive Intelligence and Transaction Matching features are revolutionizing forecasting accuracy and data reconciliation respectively, supporting informed decision-making and streamlining finance workflows.

Wolters Kluwer's unwavering focus oninvestments is catalyzing the digital transformation of financial management processes worldwide. These advancements not only leverage technology for efficiency but also foster a new era where data-driven decisions are integral to strategic planning and business operations. Building upon its rich history as a global leader in professional information, software solutions, and services, Wolters Kluwer continues to innovate, leveraging the power ofto empower professionals across healthcare, tax and accounting, risk and compliance, legal, and regulatory sectors.

Wolters Kluwer's dedication towards integratinginto their offerings underscores its commitment to revolutionizing the professional landscape through technological advancement. By embracing this digital transformation, Wolters Kluwer is empowering finance professionals worldwide with tools that ensure clarity and confidence in decision-making processes while fostering a future of data-driven strategies for global business operations.

To stay updated on Wolters Kluwer'sdevelopments, visit their official website at www.wolterskluwer.com or connect with them through social media platforms like LinkedIn, Facebook, YouTube, and Instagram. This way, one can witness the ongoing evolution in corporate performance management as Wolters Kluwer paves the path for future-ready finance offices using cutting-edgesolutions.
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