Case Study: Mediahuis achieves smooth consolidation and a single version of the truth with CCH Tagetik

Mediahuis monthly consolidation is now a smooth process with CCH Tagetik for Consolidation

Mediahuis, a fast-growing Belgian media group founded in 2014 with operations across six countries and a €1 billion turnover, faced rising complexity from rapid mergers and acquisitions. While keeping Unit4 Business World for core accounting, the group needed a more specialized corporate performance management tool to strengthen ownership of the figures, link local and group charts of accounts, handle IFRS and Belgian GAAP reporting, and improve forecasting and reporting capabilities.

After a market review Mediahuis selected CCH Tagetik with implementation support from element61 to provide one platform for consolidation, management reporting and future budgeting/forecasting. The rollout decentralized reporting to local controllers, delivered a single version of the truth, smoothed monthly consolidation, ensured correct inter‑company transactions and freed finance teams to focus on analysis—significantly improving quality, control and the business value of financial reporting.

Mediahuis

Katrijn Peeters

Group Controlling Manager