Case Study: Randstad Group achieves faster, automated global consolidation and a single source of truth with CCH Tagetik Cloud

Randstad Group - Customer Case Study

Randstad Group, the world’s second-largest HR services provider with €17.2bn in 2014 revenue and a consolidation scope of 465 entities across 32 currencies, faced scalability limits with its legacy Hyperion Enterprise system. Key reporting processes—cash flow, organic growth and intercompany matching—relied on custom Excel and manual reconciliations, and the group needed stronger process controls, automated equity consolidation and rolling forecasts to support a nine‑month replacement timeline.

Randstad implemented Tagetik as a cloud SaaS solution with implementation partner Satriun Group, building a unified data model that integrated income statement, balance sheet and automated cash flow, equity consolidation and organic‑growth calculations while decentralizing intercompany matching. Deployed on time and on budget, the solution trained 450 users, reduced downtime, improved data quality and auditability, cut manual consolidation effort, and delivered a single source of truth with fast drill‑down insight for management and IFRS reporting.

Randstad Group

Rob Fenne

Managing Director Group Accounting