Case Study: JTEKT Corporation achieves faster budgeting and 9,000 hours of annual labor savings with CCH Tagetik

Jtekt Corporation saves 9,000 hours a year with CCH Tagetik

JTEKT Corporation, an automotive parts manufacturer within the Toyota Group, faced significant challenges in its group-wide financial processes. Its budgeting, planning, and investment management were plagued by cumbersome Excel operations across 130+ group companies, causing delays, errors, and an inability to perform timely multi-dimensional analysis for management decisions. They turned to CCH Tagetik software to address these issues.

The CCH Tagetik solution centralized budget and investment management, enabling integrated group data and flexible multi-dimensional analysis. Results included annual labor savings of approximately 9,000 hours, a four-day reduction in monthly financial closing, and a budget preparation period shortened by half a month. CCH Tagetik also facilitated a cultural shift towards data-driven management and the introduction of new capital efficiency metrics.

Jtekt Corporation