Case Study: Kelvion achieves lower TCO and seamless, scalable cloud finance operations with CCH Tagetik

Kelvion - Customer Case Study

Kelvion Holding GmbH, a global specialist in heat exchangers and cooling systems with ~5,000 employees and ~€1bn revenue, faced an aging on‑premise finance system (10‑year‑old OS and SQL databases) that made upgrades costly and risky amid tight monthly reporting deadlines. The company needed better consolidation performance, easier upgrades, and to replace Excel and OneStream processes without disrupting the financial close.

Kelvion migrated to CCH Tagetik on Cloud with support from Horváth & Partner and Pfefferkorn Consulting, switching to an in‑memory consolidation engine, standard reporting and CCH Tagetik budgeting and planning. The move delivered lower TCO, reduced hardware and resource costs, stable 24/7 operation with 99.5% uptime, seamless monthly closes, and the scalability and upgradeability to quickly adopt future functionality.

Kelvion

Mark Bevan

Chief Financial Officer