Case Study: Rabobank achieves faster close and better data consistency with Wolters Kluwer ELM Solutions CCH Tagetik

Rabobank Group - Customer Case Study

Rabobank Group, an international financial services provider, faced the challenge of replacing its outdated and multiple Hyperion Enterprise consolidation systems. They required a single, web-based solution to enhance data consistency, provide stringent process controls, and support various financial reporting needs. The company selected Wolters Kluwer ELM Solutions and implemented its CCH Tagetik software to meet these objectives.

Wolters Kluwer ELM Solutions provided a unified CCH Tagetik platform that centralized statutory and financial reporting for over 400 users across 200 entities. The implementation included extensive training through virtual classrooms and e-learning modules. The results were higher data quality, less manual work, and a faster close, which led to a lower total cost of ownership. Rabobank successfully phased out its old systems and extended the application to meet new regulatory reporting requirements.

Rabobank Group

Rene Witlox

Head of Strategic Development BI