Cases

Key Facts

• To bring the digitalization of group reporting to a next level, Swisspower Renewables AG decided to replace its spreadsheet-based consolidation and budgeting process by a modern group consolidation, planning & reporting solution
• Swisspower Renewables AG selected CCH Tagetik as future solution and needed a trusted partner that was able to bring best in class practices for both, its functional consolidation & budgeting requirements and the new software CCH Tagetik

The Solution

• Design and implementation of CCH Tagetik for consolidation, budgeting and mid-term planning
• Data integration with Microsoft Dynamics NAV via CCH Tagetik ETL
• Workflow driven and tailored budget, mid-term planning and business planning processes with uniform structures including detailed sub-plans for OPEX and CAPEX next to main financial statements including cash flow
• The design was leveraging Satriun’s starter kit for CCH Tagetik, providing business content & templates for data model, forms & reports as well as processes, based on best demonstrated practices focusing on CCH Tagetik standard functionality

Key Benefits

• Fast, robust & accurate reporting and planning processes, designed to be digitalized using the standard functionalities of the new technology
• Streamlined data model across scenarios with an optimized group chart of accounts, reporting package, automated cash flow statement and decentralized IC reconciliation, as well as simplified reporting & planning processes tailored to the exact needs of Swisspower Renewables AG