Case Study: Rabobank achieves faster close and higher data consistency with CCH Tagetik

How Rabobank obtains a single statutory and financial reporting with CCH Tagetik’s CPM software solution

Rabobank, a Global 500 financial-services group operating in 44 countries, needed to replace more than fifteen years of decentralized Hyperion installations with a single, web-based consolidation platform. Key requirements included integrated process controls and electronic sign-offs, guided workflow and task support, full audit trails for SOX-critical data, decentralized intercompany matching, scalability for management accounting and budgeting, and support for multiple statutory and regulatory reporting needs.

Rabobank selected and rolled out Wolters Kluwer’s CCH Tagetik worldwide, implementing a guided submission process with web dashboards and Excel entry, strong project governance, and a mix of classroom, virtual and e‑learning training for 400+ users across 200 reporting entities. By the end of 2013 Hyperion was retired; the new platform reduced manual work and TCO, improved data consistency and controls, enabled faster closes, and supported expanded regulatory reporting (including FINREP).

Rabobank

Rene Witlox

Head of Strategic Development BI