When COLTENE, a global leader in dental consumables and small equipment, sought to modernize its group consolidation process, it faced a familiar challenge: replacing fragmented, Excel-driven workflows with a transparent, scalable system that could support international operations. With over 25 legal entities and a need to report in both IFRS and local GAAP, COLTENE turned to CCH Tagetik and implementation partner Inulta to streamline group reporting and reduce manual effort.
Through close collaboration, the teams delivered a unified consolidation platform that improved speed, consistency, and control, empowering COLTENE’s finance team to focus less on mechanics and more on strategic insight.
Highlights:
- End-to-end automation of monthly and annual consolidation
- Seamless IFRS and local GAAP reporting in a single process
- Built-in multi-currency support across CHF, EUR, USD, CAD, BRL
- Automated intercompany reconciliation and eliminations
- Transparent, audit-ready reporting with full drill-down
- Scalable platform extended to budgeting and forecasting
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Discover how COLTENE reduced manual work, strengthened financial reporting, and built a scalable foundation for future growth