Walters Kluwer's CCH Tagetik Ranks as a Market Leader in BARC Score 2025 for Financial Performance Management

CCH Tagetik Achieves Market Leader Status in BARC Score 2025

Walters Kluwer, a global leader in professional information and software services, has announced that its CCH® Tagetik corporate performance management platform has been recognized as a market leader for the eighth consecutive year in the prestigious BARC Score for Financial Performance Management (FPM) report. This accolade not only underscores the platform's robust capabilities but also highlights the company's unwavering commitment to high quality and innovation in its offerings.

Karen Abramson, CEO of Walters Kluwer's Corporate Performance & ESG division, expressed her enthusiasm regarding this acknowledgment, stating, "The consistent recognition of CCH Tagetik as a market leader in the BARC Score FPM report reflects our dedication to delivering high-quality products and innovative solutions. We focus on empowering CFOs to drive digital transformation, manage complex global demands, and translate insights across the enterprise into growth and change."

The BARC report emphasizes that CCH Tagetik excels as an integrated platform for corporate management, offering functionalities such as consolidation, budgeting, planning, forecasting, ESG and regulatory reporting, and international tax compliance for both individual subsidiaries and entire corporate groups.

Customer feedback regarding the business advantages of CCH Tagetik, including its cost performance, planning and consolidation features, workflow support, and ease of use, stands out in the BARC Score FPM report. This feedback is frequently highlighted in BARC's Planning Survey, a primary source for the report.

Dr. Christian Fuchs, Senior Analyst at BARC in the Data & Analytics sector, commented on the findings of BARC’s Financial Consolidation Survey, which is a sister survey to the Planning Survey focusing on consolidation and group accounting. He noted, "The high satisfaction levels among customers regarding their CCH Tagetik projects have come to light, especially in relation to its strengths in workflow capabilities and comprehensive financial consolidation and reporting functions. Positive customer feedback underpinning CCH Tagetik's continued high ratings in the BARC Score further emphasizes its standing in the market."

Walters Kluwer's Corporate Performance Management (CPM) business unit is part of the broader Corporate Performance & ESG division, offering integrated software solutions for EHS, ESG, corporate performance management (CPM), and audit & assurance. The division is a leading global provider, leveraging innovative technology and expertise to help business leaders improve management and sustainability performance, meet reporting requirements, enhance risk management, and reduce environmental impacts while boosting safety and productivity.

For those interested in a deeper dive, the BARC Score for Financial Performance Management 2025 report can be downloaded for further insights.

Understanding the BARC Score

Since 2015, BARC has been classifying business software providers across various market segments and regions. BARC analysts evaluate vendors based on fulfilling specific technical and financial criteria, assessing them along two axes—"Portfolio Capabilities" and "Market Execution." This complex evaluation process involves a detailed weighting system to determine a vendor’s position on the BARC Score chart, further augmented by user survey results from BARC’s Planning Survey and BI & Analytics Survey. To provide an informative market overview, all vendors are categorized into one of five segments on the BARC Score chart: "Dominators", "Market Leaders", "Challengers", "Specialists", and "Entrants." For more information about the BARC Score and its evaluation methodology, please visit barc.com/research/barc-scores/.

About BARC

The Business Application Research Center (BARC) is a leading European analyst firm in business software, specializing in data, business intelligence (BI), analytics, enterprise content management (ECM), and customer relationship management (CRM) sectors. Established in 1999 as part of the Information Systems and Management department at the University of Würzburg, BARC combines empirical research, theoretical knowledge, technical expertise, and practical experience to provide insightful services while continuously engaging with market participants.

About Walters Kluwer

Walters Kluwer (EURONEXT: WKL) leads the global market in specialized information and software solutions in the fields of Healthcare, Tax & Accounting, Governance, Risk & Compliance, Legal & Regulatory, and Corporate Performance & ESG. By offering expert solutions that combine deep expertise with technology and services, we enable our customers to make critical decisions in their daily operations.

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