Wolters Kluwer and Dentsu to Provide New Management Platform for Daihatsu

Wolters Kluwer and Dentsu Collaborate on Management Platform for Daihatsu

In a significant partnership, Wolters Kluwer, a global leader in providing expert information and software solutions across various sectors, has collaborated with Dentsu, a technology-focused company aimed at transforming businesses and societies. Together, they are set to implement the CCH® Tagetik Intelligent Platform for Daihatsu Motor Co., Ltd. This new solution will streamline budget management processes, offering a unified approach to managing operational expenses and prototype development costs while preparing for future expansions into capital investment areas.

Background and Objectives

Daihatsu, headquartered in Ikeda City, Osaka, manufactures and sells lightweight and compact vehicles primarily for the domestic and Southeast Asian markets. The company's commitment to creating affordable, high-quality vehicles has prompted them to seek ways to enhance their operational flexibility. As the business continues to grow, it has become essential for Daihatsu to quickly adapt to changing market conditions and planning assumptions.

Recognizing the need for a robust budget management framework that minimizes operational burdens, Daihatsu chose to modernize its systems. This transformation also aims to establish a flexible managerial structure capable of handling company-wide operations efficiently. The CCH Tagetik platform, supported by Dentsu’s comprehensive services, was selected for this initiative.

Key Features of the Adoption

Ample Standard Functions Without Add-ons

One of the standout features of CCH Tagetik is its ability to cater to Daihatsu's requirements without the need for additional add-ons. The platform offers flexible modifications for management items, durations, and targets, allowing end users to utilize a familiar spreadsheet software interface while enabling controlled input and approval workflows. This responsiveness to user needs is a significant factor in the platform's adoption, as it ensures ongoing updates and operational stability without compromising efficiency.

Unified Management of Multiple Versions

CCH Tagetik enables centralized management of multiple budget scenarios, including original budgets, revisions, and forecasts. This functionality simplifies cross-period comparisons and analysis of actual versus projected performance, which is critical for informed decision-making.

Gradual Expandability

The platform is designed to function not only within the current scope of operations but also allows for expansions into other areas. This feature adds immense value to Daihatsu, providing a scalable solution that prepares the company for future growth.

Dentsu’s Automotive Industry Expertise

Dentsu’s extensive experience in introducing Enterprise Performance Management (EPM) systems in the automotive sector was a considerable advantage during the selection process. The company boasts a highly qualified team of CCH Tagetik certified professionals, ensuring a reliable delivery system. Dentsu offers end-to-end services, facilitating everything from robust infrastructure setups to application support after deployment, significantly reducing operational and maintenance burdens for Daihatsu.

With both Wolters Kluwer and Dentsu guiding the development and operational stages, they will assist Daihatsu in advancing their management capabilities substantially.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is recognized as a global leader in providing professional information and software solutions across various disciplines, including healthcare, tax, accounting, finance, corporate compliance, legal, regulatory, management, and ESG. With a workforce of around 21,100 worldwide and operations in over 40 countries, the company supports clients in making critical decisions every day. It is projected that the group will achieve a revenue of €6.1 billion by 2025, serving customers in more than 180 nations. The company’s headquarters is located in Alphen aan den Rijn, Netherlands.

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