Case Study: Zuegg cuts monthly close time in half with Wolters Kluwer CCH Tagetik

Zuegg Implemented CCH Tagetik’s Software for Integrated Financial Planning, Profitability and Monthly Closing

Zuegg SPA, a family-owned food production company, faced challenges with a lack of integration between its monthly closing, financial planning, and operational planning processes. Their existing SAP system was too slow and could not handle these processes simultaneously, leading to inefficiencies and a lack of data traceability. To gain a unified view for detailed reporting and variance analysis, Zuegg selected the CCH Tagetik solution from Wolters Kluwer ELM Solutions.

The solution implemented by Wolters Kluwer provided a single, integrated platform for all financial processes, featuring a powerful allocation engine and detailed unit cost calculations. This enabled Zuegg to decentralize process responsibilities to business unit controllers and centrally manage intercompany flows. The results were significant, including cutting the monthly closing process time from 10 days down to 5, achieving full data traceability, and enabling faster, more responsive management decision-making through more accurate and timely information.

Zuegg

Elisa Florio

Group Controller