Case Study: Telecom Italia achieves faster financial planning and reporting with Wolters Kluwer ELM Solutions

Telecom Italia - Customer Case Study

Telecom Italia, a leading telecommunications and media enterprise, needed to replace its manual, Excel-based financial planning system to gain more detailed forecasting of cash flows and financial debt structures. The company required a single, efficient solution to handle multi-currency and multi-level organizational data while enabling complex scenario simulations and variance analysis. To meet this challenge, they turned to Wolters Kluwer ELM Solutions and its CCH Tagetik platform.

Wolters Kluwer ELM Solutions implemented the CCH Tagetik software, a flexible and scalable solution that integrated seamlessly into the group's IT architecture. The implementation provided better information quality, faster closing and reporting cycles, and higher productivity. It gave Telecom Italia on-demand access to detailed business information and the powerful capability to conduct treasury planning and 'what if' analyses, resulting in a lower total cost of ownership.

Telecom Italia

Paolo Arienta

Head of Financial Planning