Southern California Edison Selects the CCH Tagetik Expert Solution from Wolters Kluwer to Automate its Core Planning Needs

CIO Applications| Monday, July 05, 2021

SCE will utilize the CCH Tagetik Finance Transformation Platform powered by SAP HANA, Enterprise edition to manage financial processes that include Budgeting & Planning, Collaborative Office, Report Bursting, Cost Allocation & Profitability Analysis, and SmartInsight for advanced reporting and analytics - all supported by round-the-clock customer care.

Fremont, CA : Wolters Kluwer, a global leader in professional information, software solutions, and services, has declared that Southern California Edison (SCE) selected CCH Tagetik corporate performance management (CPM) expert solution to capitalize on advanced, automated budgeting, planning and forecasting capabilities.

Following a two-year evaluation process, the utility chose the CCH Tagetik expert solution based on its ability to meet the fundamental planning automation needs and leverage SAP HANA. SCE will be able to utilize their SAP ecosystem and improve data processing performance with the solution. Using the CCH Tagetik Collaborative Office, the initial project scope was expanded to incorporate new solutions for performance, cost allocation, and regulatory reporting.

"We are delighted to be working with a sector leader like SCE, which has seen the benefits of moving beyond traditional finance and manual budgeting, planning, and forecasting. Together we will improve and automate these processes while increasing efficiency, transparency, as well as visibility to executive management," stated Alessio Lolli, Vice President and GM CCH for CCH Tagetik North America at Wolters Kluwer Tax & Accounting.