Wolters Kluwer Touted as a Leader by Gartner Magic Quadrant for Financial Close Solutions

Wolters Kluwer, a global provider of professional information, software solutions, and services, has been recognized as a leader in the Gartner^® Magic Quadrant^™ for Cloud Financial Close Solutions. The accolade highlights the company's proficiency in assisting businesses with the comprehensive financial close process through its CCH Tagetik platform. This platform supports organizations in streamlining the essential task of closing their financial books, encompassing everything from account reconciliation to the application of AI for transaction matching, all critical to both financial and managerial reporting.

Recognition in Financial Solutions Sphere

Being named as a leader in Gartner's Magic Quadrant^™ is significant for Wolters Kluwer WTKWY, signaling the company's strong ability to execute and complete vision. The evaluation by Gartner, Inc. IT, a renowned research and advisory firm, provides a wide-ranging perspective that is highly regarded across industries. Gartner's assessments are especially influential for decision-makers in IT, finance, and other corporate functions who depend on such insights to make informed tech-related investment decisions.

Impact of CCH Tagetik on Financial Processes

In the sphere of financial close and consolidation solutions, efficiency, accuracy, and compliance are paramount. The CCH Tagetik platform offered by Wolters Kluwer WTKWY facilitates these requirements, delivering an end-to-end solution that increasingly relies on technological advancements like artificial intelligence to enhance the accuracy and speed of financial processes. This advanced capability plays a pivotal role for the modern finance professional who engages with complex, multinational financial systems, aiming to meet rigorous industry and regulatory standards.

Wolters_Kluwer, Gartner, Financial_Solutions