Partnering with Inulta and implementing CCH Tagetik has significantly improved our financial processes. Inulta’s expertise and tailored support enabled us to automate data integration, streamline consolidation, and enhance budgeting accuracy. With CCH Tagetik, we now have a unified, auditable, and scalable platform that supports faster closes, better decision-making and long-term growth.
— Kevin Braunwalder, Manager Group Accounting & Reporting at Swissbit
Swissbit AG, a global leader in industrial-grade storage technology, modernized its consolidation and planning processes to improve accuracy, speed, and scalability.
Operating across Europe, the US, and Asia, Swissbit faced growing challenges due to manual processes and fragmented systems. With the need to migrate historical financial data, manage acquisitions, and accelerate monthly close cycles, the company sought a solution that would unify its financial operations and support long-term growth.
To achieve this, Swissbit implemented CCH Tagetik Consolidation and CCH Tagetik Budgeting & Planning, with Inulta as the implementation partner. The result was a modern, automated platform that streamlines reporting, reduces risk, and boosts financial transparency.
Inulta helped Swissbit transition from siloed, Excel-heavy processes to a unified platform that enables:
- Fully automated ETL processes eliminating flat file uploads
- Real-time data filtering at extraction to improve accuracy and control
- Seamless migration and restatement of historical SAP data
- Automated intercompany eliminations for faster, more reliable monthly close
- IFRS-compliant reporting aligned with audit standards
- Custom workflows and training for fast user onboarding and adoption
- Scalable architecture supporting acquisitions and group structure changes
Highlights:
- 100% ETL automation with no manual file uploads
- Complex consolidation logic applied across 10 group entities
- 25% faster monthly close cycle and improved timeliness of group financials
- Historical SAP data migrated and restated using custom ETL workflows designed by Inulta
- Automated eliminations and streamlined group-level reporting
- Customized workflows streamlined onboarding and boost user adoption
Want to know how Swissbit automated consolidation and accelerated financial reporting? Download the full case study.
