Case Study: Bonatti reduces financial data processing time with CCH Tagetik

Bonatti cuts financial data processing from 4 hours to 10 minutes with CCH Tagetik

Bonatti, an Italian international construction contractor, faced challenges managing financial reporting across its 25 global entities with a legacy consolidation system that was a complex "black box." This limited data transparency, slowed down verification, and created inefficiencies. To modernize its process, Bonatti implemented CCH Tagetik's Financial Close and Consolidation software to gain full data traceability and support flexible consolidation workflows.

The CCH Tagetik solution provided by implementing partner Avvale delivered a tailored, cloud-native platform that automated data collection and consolidation logic. This resulted in data processing time being drastically reduced from four hours to just minutes. The implementation provided Bonatti with full drill-down transparency into account details and enhanced performance management across all its global entities, significantly boosting overall efficiency.

Bonatti