CCH Tagetik vs Konsolidat
CCH Tagetik
wolterskluwer.comKonsolidat
konsolidat.comSide by side
| Figure | CCH Tagetik | Konsolidat |
|---|---|---|
| Price from | — | $3,500/mo |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | Yes |
| Web | Yes | Yes |
| API | — | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 1 | 4 |
| Spec score · Financial Consolidation Software | 7.9 (#8) | 8.8 (#1) |
| Budgeting | Yes | Budgeting includes driver-based models, seasonal spread profiles, rolling forecasts and scenario management. |
| Founded | 1986 | Grynn's site displays an establishment year of 2016. |
| Support | Standard support is included in the annual maintenance fee and includes different services for on-premise and cloud customers; additional support options cost extra. | Self-hosted users receive community support and a public roadmap; the hosted plan lists an enterprise SLA and priority support from the core team. |
| Variance analysis | Yes | Prebuilt variance views compare actuals with budget, prior year and forecast across model dimensions. |
| What it does | CCH Tagetik brings financial close, planning, and reporting together on one platform with Expert AI embedded across processes. | Konsolidat is an open-source enterprise performance management system for multi-entity consolidation, allocations, budgeting and variance analysis. |
Plans
Konsolidat
- Self-hostedFree
- Hosted$3,500 a month
- 4-Week Pilot$25,000, paid once
- 4-Week Pilot$25,000, paid once
In their own words
CCH Tagetik
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.
Konsolidat
Konsolidat is an MIT-licensed, open-source EPM product for finance teams using SAP or Microsoft Dynamics, with an Excel-native interface. Worksheet formulas retrieve backend results into existing workbooks. It consolidates multiple entities and currencies, applies elimination logic, attributes non-controlling interests and groups entities through ownership trees. Its allocation engine handles driver-based, cascading and reciprocal allocations, with iterative solving and traceability to source pools. The product describes driver-based budgets, scenario management and variance analysis; rolling forecasts are also listed as a roadmap item. Dynamics 365 F&O and ERPNext connectors are available, while SAP S/4HANA is offered through a paid pilot. SAP ECC, Business Central and SAP Business One remain roadmap items. The described data pipeline uses Airbyte, dbt and ClickHouse. Security options listed include 2FA, role-based access, audit logging, SSO and LDAP/Active Directory. Teams can self-host on their own cloud or on-premises infrastructure, or use a managed hosted plan. Self-hosting costs nothing and requires operating the software and infrastructure; hosted pricing is $3,500 a month. Automated cash-flow statements and multi-GAAP parallel reporting are roadmap items.