Case Study: UBE Corporation reduces budget planning time with CCH Tagetik

UBE Corporation cuts profit-and-loss preparation time by 75% with CCH Tagetik

UBE Corporation, a Japanese chemical manufacturer, faced significant challenges in its budgeting and planning operations. Using a mix of a legacy system and Excel led to inefficient data management, a lengthy 3.5-month budgeting process, and an over-reliance on individual expertise. To achieve its goal of data-driven business management, UBE implemented CCH Tagetik's Budgeting, Planning, and Forecasting software to integrate data, standardize processes, and improve operational efficiency.

The CCH Tagetik solution automated data aggregation and provided standardized templates, which reduced individual dependencies. As a result, UBE expects to reduce the time required for data aggregation and profit-and-loss statement preparation by 75%, cutting the process from one month to approximately one week. CCH Tagetik also provided a scalable platform for UBE's future global expansion and advanced management needs.

UBE Corporation