Case Study: CompuGroup Medical achieves centralized financial planning and reporting with Wolters Kluwer ELM Solutions

CompuGroup Medical - Customer Case Study

CompuGroup Medical, a global provider of medical information systems, faced challenges with its decentralized and manual financial processes. Relying on Excel for planning and risk management led to errors and inefficiencies. After a failed attempt with another provider, the company sought a centralized control and reporting platform to integrate data from nine different upstream systems. They turned to Wolters Kluwer ELM Solutions and its CCH Tagetik platform to address these issues.

Wolters Kluwer implemented CCH Tagetik as a centralized financial platform, automating data integration and eliminating manual work. The solution provided automated currency conversion and intercompany reconciliation for its international operations. This resulted in huge time savings for CompuGroup Medical, with 260 users now relying on the platform for daily financial processes, planning, and reporting.

CompuGroup Medical

Christian Teig

CFO