CCH Tagetik vs Rephop

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.

Rephop consolidates group figures across countries and accounting systems, with tools for intercompany reconciliation, eliminations, ownership calculations, and currency translation. Users can define recurring eliminations for business combinations, group-level revaluations, and asset sales, then apply them in reporting periods. The platform calculates non-controlling interests at each group level and translates foreign-currency subsidiary transactions using daily rates, with average or period-end rates available where appropriate. It supports IFRS and US GAAP reporting, plus consolidation-level adjustments for local GAAP. Planning Manager handles multiple budgets and forecasts and can import Excel models using the same operations as actual consolidation. Supported statements include cash flow, changes in equity, property, plant and equipment, intangible assets, investment property, sales by country, and custom statements. It is a cloud platform accessible worldwide from internet-connected devices, with no stated maximum number of entities; tailored pricing is available above 100. Starter costs $299/mo, Standard $745/mo, and Premium $1399/mo. A 30-day trial is listed, but there is no free plan.