Amino Foods Transforms Financial Operations with CCH Tagetik's Intelligent Platform

Transforming Financial Operations: Amino Foods and CCH Tagetik

Amino Foods, a leading manufacturer in the frozen food industry, has made significant strides in overhauling its financial operations by implementing the CCH Tagetik Intelligent Platform from Wolters Kluwer. The integration of this cloud-based Corporate Performance Management (CPM) solution has allowed the company to enhance its budgeting and reporting processes, ultimately streamlining its organizational responses to rapid market changes and complex business operations.

Facing challenges such as a rapidly changing business environment and complex operational demands, Amino Foods recognized the need to move away from its traditional IT infrastructure and Excel-based processes. The selection of CCH Tagetik was pivotal in achieving improved budget efficiency, automated multi-tier allocation processes, and real-time performance management.

Kumiko Minowa, Managing Director of Wolters Kluwer CCH Tagetik in Japan, emphasized, "CCH Tagetik's Intelligent Platform provides an integrated cloud-based system that supports both annual budget planning and monthly performance tracking for Amino Foods. By automating processes with CCH Tagetik, their corporate planning and business planning departments can focus more on in-depth analyses of year-over-year comparisons and budget assessments, thus delivering higher-quality reports to management. We continue to support their journey towards further operational improvements."

With the implementation of CCH Tagetik, Amino Foods has achieved the following outcomes:
Reduction of 120 hours per year in budgeting preparation time
This allows staff to prioritize more critical business activities.
88% reduction in time spent on budgeting preparation and aggregate tasks
Through automating performance management and allocation calculations, they have created valuable time for high-priority initiatives.
Same-day profitability reporting
This has enabled quicker decision-making and enhanced operational agility.
Visibility from various perspectives—product lines, business units, and key accounts
This transparency aids in flexible, data-driven decision-making across sales, development, and manufacturing departments.
Elevated capability to adapt to organizational changes
This includes the establishment of a new key account management department.

Eikyou Kawasaki, Manager of the Finance and Accounting group in Amino Foods' Corporate Planning Department, stated, "With CCH Tagetik, we can track sales and profitability from various perspectives, facilitating data-driven actions and decisions in sales, development, and manufacturing departments."

The CCH Tagetik system installation was supported by TIS Inc., CCH Tagetik's solution partner. Looking forward, Amino Foods plans to collaborate with both Wolters Kluwer and TIS Inc. to expand the use of CCH Tagetik to support their international operations and strengthen reporting for their parent company.

About Amino Foods

Founded in 1970, Amino Foods is a global leader in the frozen food industry, offering a wide range of high-quality products. The company prides itself on innovation, efficiency, and customer satisfaction, employing around 5,000 personnel.

About Wolters Kluwer

Wolters Kluwer (Euronext: WKL) is a global leader in professional information services and software solutions in fields such as healthcare, tax, accounting, governance, risk & compliance, legal & regulatory, and management & ESG. By combining deep domain expertise with technology and services, they empower customers to make critical decisions every day. Wolters Kluwer achieved an annual revenue of €5.9 billion in 2024, serving customers in over 180 countries, with operations in more than 40 countries and employing around 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, Netherlands.

For more detailed insights, please visit Amino Foods' CCH Tagetik Intelligent Platform success story.

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