Case Study: Ajinomoto improves forecast accuracy and rolling forecasts with CCH Tagetik

Ajinomoto improves forecast accuracy to within 5% with CCH Tagetik

Ajinomoto Co., Inc., a global food and bio-science company, faced significant challenges in its management accounting processes. Its previous systems were fragmented, creating enormous manual effort, hindering the collection of non-financial data, and slowing down management decision-making. To support its strategic shift to rolling forecasts, Ajinomoto needed a unified platform and chose the CCH Tagetik software for budgeting, planning, and forecasting.

By implementing CCH Tagetik, Ajinomoto gained a flexible platform that centralized the management of financial and non-financial data from its global operations. The results were substantial, including forecast accuracy with business profit variance within 5%, a reduction in rolling forecast time by 200 hours annually, and expanded reporting coverage. The CCH Tagetik solution enhanced data integration and trust with investors.

Ajinomoto