Case Study: Swarovski achieves faster, more accurate consolidation with Wolters Kluwer CCH Tagetik

Swarovski implemented CCH Tagetik’s software solution for Consolidation and Planning on SAP HANA

The crystal and precision instruments company Swarovski required a new consolidation solution that would integrate tightly into its existing SAP HANA-based business intelligence landscape. The existing system created inefficiencies, with multiple solutions requiring maintenance and preventing a single source of truth for its complex, 200-company corporate group. To address this challenge, Swarovski selected the CCH Tagetik solution from Wolters Kluwer.

By implementing Wolters Kluwer's CCH Tagetik on SAP HANA, Swarovski integrated its data warehouse and consolidation into a single source of truth, significantly improving data accuracy and consistency. The solution dramatically accelerated data processing, reducing the time to load and review data from 15-20 minutes per company to under two minutes. This created a leaner system landscape and provided a flexible platform for future growth and smarter planning processes.

Swarovski

Thomas Bode

Global Head of Enterprise Data & Analytics