Case Study: Lindex achieves 50% faster budgeting and harmonized financial planning with CCH Tagetik

Lindex implemented CCH Tagetik’s software solution for Budgeting & Planning and Lease Accounting for IFRS 16

Lindex, a leading European fashion retailer headquartered in Gothenburg with about 460 stores in 18 markets, online sales in 33 markets and roughly 5,000 employees, faced a labor-intensive, fragmented planning and reporting process. Its legacy systems made consolidation, forecasting, scenario planning and CAPEX/business-case follow-up slow and error-prone, and regional non-standard routines limited visibility and timely decision-making.

CCH Tagetik implemented Budgeting & Planning (and later Lease Accounting for IFRS 16), working closely with Lindex to deliver driver-based planning, flexible Excel reporting and harmonized workflows. The solution standardized processes across the organization, enabled ad-hoc reporting and drill-through to operational data, automated budgeting, improved ROI tracking project-by-project, reduced Excel work and cut budget-cycle effort by about 50% for nearly 100 global users.

Lindex

Maria Isendahl

Group Business Control Manager