2023 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions
Summary
Following the recognition as a Leader in the 2019 Gartner Magic Quadrant for Financial Close and Consolidation solutions , were pleased to share that Wolters Kluwer was once again recognized as a Leader in the 2023 Gartner® Magic Quadrant™for its CCH Tagetik Financial Close and Consolidation Solution. Wolters Kluwer’s Ability to Execute and Completeness of Vision are the reasons why it was named a Leader in the report. • None Innovation: Wolters Kluwer has embedded AI and ML across the solution, such as in anomaly detection, COA mapping and predictive insights. It has strong sources for innovation, including strategic co-innovation programs with its partners, allowing for intensive prototyping to identify new areas where AI/ML can be deployed. Through CCH Tagetik Financial Close and Consolidation, Wolters Kluwer: • None Expands the core capabilities of close, consolidation, and reporting to adjacent processes such as ESG, sustainability, tax, and insurance reporting • None Innovates transaction matching, anomaly detection, COA mapping, and predictive insights via embedded AI and machine learning • None Supports fast implementation timelines even for the largest enterprises