We aim to replace the current financial consolidation system with the new one built together with CCH Tagetik and to transform how Securitas works with consolidation, lease accounting (IFRS16), and tax processes. With this solution, we believe we have found a financial consolidation system that enhances the effectiveness and efficiency of our group closing process.
– Hanna Lindelöf, VP Finance, Securitas
Securitas, a global leader in safety and security solutions, embarked on a finance transformation journey to modernize its group consolidation and close processes. With over 336,000 employees across 44 markets, the company delivers on-site, mobile and remote guarding services, complemented by technology, fire & safety, and corporate risk management capabilities.
To address growing complexity around lease accounting, tax provisioning, and group close efficiency, Securitas selected CCH Tagetik Corporate Performance Management from Wolters Kluwer. The project is implemented by Inulta in collaboration with the CCH Tagetik Nordic team, and is deployed on Microsoft Azure Enterprise Cloud.
Inulta helped Securitas transition from a legacy consolidation system to a unified, cloud-based financial platform powered by CCH Tagetik. The solution enabled:
- A centralized environment for financial consolidation and close
- Compliance-ready Global Minimum Tax and tax provisioning
- Streamlined IFRS 16 lease accounting
- Real-time collaboration using Collaborative Office
- Secure deployment on Microsoft Azure
- A forward-looking framework aligned with global compliance needs
Solution highlights:
- Improved group close process efficiency
- Automated, modernized tax and lease accounting
- Real-time collaboration across global finance teams
- Scalable platform supporting future compliance requirements
