Case Study: RBC Bearings achieves a faster, controlled financial close and unified reporting with CCH Tagetik

RBC Bearings transforms their Financial Close and Reporting with CCH Tagetik

RBC Bearings, a global manufacturer of precision plain, roller, and ball bearings, faced a fragmented finance environment with many companies using disparate Excel spreadsheets and multiple ERPs. This created risk of data entry errors, lengthy manual reviews, and slow month-end closes as teams spent excessive time reconciling and exchanging files.

They implemented CCH Tagetik to centralize data, consolidate reporting (including IFRS 16) and provide built-in close, reporting and analytics capabilities. The platform reduced reliance on manual spreadsheets, improved control and visibility across entities, sped up the close process, and freed finance staff to focus more on analysis and exception handling rather than routine number gathering.

RBC Bearings

Tom Phillips

Accounting Manager