CCH® Tagetik implemented to meet both global common requirements and individual site requirements on a single platform

TOKYO, January 21, 2022 /PRNewswire/ — Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that Sekisui Medical Co., Ltd., has adopted CCH® Tagetik Expert Solution as a consolidated solution for budget and overall management. Sekisui Medical, a member of Sekisui Chemical Group, provides products and services in areas such as diagnostics, pharmaceuticals and drug development. CCH® Tagetik has also been adopted by North American subsidiaries of Sekisui Medical, where it is also used for sales management.

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Prior to the introduction of CCH® Tagetik, one of Sekisui Medical’s main challenges was that the status of the business was an intensely manual activity, as it was controlled by regular data collection in Excel. In addition, the company selected CCH® Tagetik in order to implement a common platform for cost optimization and governance of data management rules.

As a unified platform, CCH® Tagetik enables Sekisui Medical to obtain consistent and up-to-date data at any level of granularity, broken down by industry, for example. In addition to enterprise-wide budget and KPI management, they achieved centralized data management at a finely granular level, including product-specific PL and management of fixed costs, R&D and staff. The reporting capabilities of the CCH® Tagetik solution also make it easier to visualize information across the enterprise. With the CCH® Tagetik solution, it is now possible for Sekisui Medical to maintain and analyze centralized data detailed by their nearly 30,000 items, by geography, by trade distribution like B2C or B2B, and by account item like consolidated or detailed, allowing for more advanced business management. None of this was possible with their previous system.

Sekisui Medical’s adoption of the expert CCH® Tagetik solution targets both global common needs and the needs of each site on a single platform. Be able to achieve the consolidation of budget control and overall management at the Japanese headquarters, as well as the individual budget control and sales planning required in North America, all on the same CCH® Tagetik platform, Sekisui Medical can now enjoy more transparent data management. Thanks to the workflow function of CCH® Tagetik, it is also possible to capture progress and streamline data collection.

“We are delighted that Sekisui Medical has chosen CCH® Tagetik. We believe that the unified CCH® Tagetik platform will be used to its full potential by introducing it to each group company for companies active not only in Japan but also globally, like Sekisui Medical,” said Kumiko Minowa, General Manager, CCH® Tagetik Japan. “By introducing a company-wide platform, we hope that Sekisui Medical will be able to further improve management by enabling visualization of all of its metrics.”

On Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions and services for healthcare; taxation and accounting; governance, risk and compliance; and the legal and regulatory sectors. We help our customers make critical decisions every day by delivering expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer achieved a 2020 annual turnover of 4.6 billion euros. The group serves customers in over 180 countries, maintains operations in over 40 countries and employs approximately 19,200 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer The shares are listed on Euronext Amsterdam (WKL) and are part of the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. ADRs are traded on the over-the-counter market in the United States (WTKWY).

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Media contacts:

Beatrice Santin
CCH® Tagetik
+1 339 229 2447 office
[email protected]

Greta Bartoli
CCH® Tagetik
+39 058396811 office
[email protected]

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