CCH Tagetik
6.7#31 in scenario planning softwareWebSelf-hosted
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| Fact | CCH Tagetik | IBM Planning Analytics |
|---|---|---|
| Budgeting | Yes | Yes |
| Deployment | CCH Tagetik is offered for cloud or on-premise deployment. | IBM Planning Analytics is offered as fully managed SaaS, on IBM Cloud Pak for Data, or on premises with IBM Planning Analytics Local. |
| Financial consolidation | Yes | Yes |
| Forecasting | Yes | IBM Planning Analytics provides AI demand forecasting inside the product. |
| Founded | 1986 | 1911 |
| Scenario modeling | Yes | Yes |
| Support | Standard support is included in the annual maintenance fee and includes different services for on-premise and cloud customers; additional support options cost extra. | IBM Support provides cases, fixes, technical documentation and known issues for Planning Analytics products, and requires an IBM Customer Number and site-administrator approval. |
| Variance analysis | Yes | Yes |
| Workforce planning | Yes | Yes |
CCH Tagetik suits enterprise finance teams looking to bring planning, financial close, consolidation, and reporting together. Its broader applications may also suit organizations handling ESG reporting, corporate tax, account reconciliation, profitability, or supply chain planning.
Finance and operations teams sharing governed plans; Organizations needing consolidation, SAP links or deployment choice; Teams that work in Excel and need real-time planning