CCH Tagetik vs CXO Software

CCH Tagetik brings financial close, planning, and reporting together in a platform for the Office of the CFO. Its capabilities include budgeting, forecasting, scenario modeling, workforce planning, variance analysis, forecast-versus-actuals work, and financial consolidation. The platform also covers ESG and regulatory reporting, corporate tax, account reconciliation, profitability analysis, and supply chain planning. It is offered for cloud or on-premise deployment, with connectors for SAP, Microsoft, and Qlik and integrations with ERP, CRM, SharePoint, MS Office, and numerous data formats. The SAP HANA version is described as SAP-powered certified, with real-time data access and drill-through. The vendor lists cloud certifications and reports, plus 24x7x365 availability monitoring and alerting and 99.9% uptime achieved. Standard support is included in the annual maintenance fee; additional options cost extra. Founded in 1986 in Lucca, Italy, Tagetik launched its brand in 2005 and was acquired by Wolters Kluwer in 2017. Pricing is on request.

CXO Software helps finance teams create and manage dynamic EPM reports for C-level leaders, then analyze data within their EPM using tools built around financial structures and terminology. Users can add commentary and chat, consolidate and lock commentary, and follow it through an audit trail. CXO connects to more than 140 ERPs and EPMs, including products from Aptean, Deltek, Dynamics, Epicor, Infor, Oracle, Sage, SAP, and Yardi. Some systems, including Essbase, SSAS, SAP BPC, SAP BW, Tagetik, and TM1, can be queried directly with MDX. Reports can be exported to PDF or PowerPoint; tables in specified templates can also go to Excel, but other objects such as charts and bridges are excluded from Excel exports. Mobile apps support iPad, iPhone, and Android, and the reporting suite can also open in mobile and tablet browsers. A free test drive provides access to a live version, with no duration stated. Pricing is on request. CXO is listed as ISO 27001 certified; the maker's table shows no SOC 1 or SOC 2 certification for CXO.