Case Study: Atrys achieves faster financial close and consolidation with CCH Tagetik

Atrys streamlines 37-company consolidation with CCH Tagetik

Atrys Health, a multinational healthcare diagnostics company, faced a significant challenge in manually consolidating financial data from its 37 companies across eight countries. This entirely Excel-based process was time-consuming, error-prone, and struggled to keep pace with the company's rapid growth through acquisitions. To address this, Atrys implemented the CCH Tagetik Financial Close and Consolidation software.

The CCH Tagetik solution provided a unified platform that automated the multi-currency consolidation process, replacing manual entries and creating a single trusted source for reporting. This resulted in faster close cycles, aligned management and financial consolidation, and significantly reduced the effort required for intercompany eliminations and currency conversions. The finance department now benefits from clear, flexible processes and reporting within the CCH Tagetik system.

Atrys