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EY announces extension of the strategic alliance with Wolters Kluwer to include the CCH® Tagetik corporate performance management solution, streamlining extended finance transformations through unified digital solutions

Productivity improvements, shorter financial close cycle and greater benefits of automation in CPM cloud tools Simplified processes, clear visibility and built-in compliance for the finance departments Faster completion of day-to-day processes, so teams can focus on their strategic goals through better insights

LONDON, April 11, 2022 /PRNewswire/ — EY today announces an expansion of its alliance with Wolters Kluwer with the CCH® Tagetik corporate performance management (CPM) solution and EY Advisory SpA (EY Italy), harnessing the power of data leveraged to help create opportunities for businesses to improve performance and provide long-term service. The Alliance has also been activated in Belgium with additional global expansion over time.

The need for products to support financial and operational planning, as well as financial and management consolidation, is increasing as there is an increasing demand for automation of financial processes.

Wolters Kluwer, with its award-winning CCH® Tagetik expert solution, is recognized as an industry leader, providing business finance professionals with comprehensive software solutions that streamline financial closing and consolidation, financial and integrated business planning and regulatory compliance. EY teams have experience in financial consolidation, planning and budgeting, data integration, taxation, data management and CPM implementation across multiple industries. Together, they support organizations looking to accelerate their financial transformation initiatives.

The EY-CCH® Tagetik Alliance provides comprehensive support for major financial transformations, encompassing a broader set of digitally supported services on a single platform for financial data and operational planning. The CCH® Tagetik platform’s intuitive interface, built-in financial intelligence and automated workflows enable teams to efficiently complete typical financial processes. The turnkey solutions for key financial regulations also simplify the compliance process.

Riccardo Magnani, EY Global CCH® Tagetik Alliance Leader, says:

“Expanding the alliance with Wolters Kluwer for its CCH® Tagetik solution provides tremendous value to clients. This positions EY teams to lead the way in implementing a wide range of client financial transformation initiatives through the unified CCH® Tagetik platform that provides industry-leading financial information and automated workflows.”

Ralf Gärtner, Senior Vice President and General Manager, Corporate Performance Solutions, Wolters Kluwer Tax & Accounting, said:

“We are focused on enabling the CFO’s office to transform through predictive intelligence solutions that go beyond finance to provide deeper insights. With our comprehensive and extensible CCH® Tagetik platform, we look forward to developing the diverse skillset and deepening experience of EY teams to the benefit of our joint clients looking to harmonize financial, strategic and operational goals to drive better results in their businesses.”

For more information, visit ey.com/alliances.

About EY

EY exists to build a better working world, to create long-term value for customers, people and society, and to build trust in capital markets.

Through data and technology, diverse EY teams in more than 150 countries provide confidence through assurance and help clients grow, transform and operate.

Working in assurance, consulting, law, strategy, tax and transactions, EY’s teams are asking better questions to find new answers to the complex problems our world faces today.

EY refers to the global organization and may refer to one or more of Ernst & Young Global Limited’s member firms, each of which is a separate legal entity. Ernst & Young Global Limited, a UK limited liability company, does not provide services to customers. Information on how EY collects and uses personal data and a description of the rights individuals have under data protection laws are available at ey.com/privacy. EY member firms do not practice law where prohibited by local law. For more information about our organization, please visit ey.com.

This press release is issued by EYGM Limited, a member of the global EY organization that also does not provide services to clients.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions and healthcare services; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.

Wolters Kluwer reported annual sales of €4.8 billion in 2021. The group serves customers in more than 180 countries, operates in more than 40 countries and employs approximately 19,800 people worldwide. The company is located in Alphen aan den Rijn, the Netherlands.

The Wolters Kluwer share is listed on Euronext Amsterdam (WKL) and is included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the US Over-the-Counter Market (WTKWY).

For more information, visit www.wolterskluwer.com

Eric Minuskin
EY Global Media Relations
+1 908 770 9758
[email protected]


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