ISID, partner of CCH® Tagetik, supports the implementation
TOKYO, September 5, 2023 /PRNewswire/ — Wolters Kluwer, a global leader in providing professional information, software solutions and services, and Information Services International-Dentsu, Ltd. (head office: Minato-ku, Tokyo; President, CEO and COO: Ryoichi Nawa; hereinafter “ISID”) today announced that Ajinomoto Co., Inc. (headquarters: Chuo-ku, Tokyo; Director, Representative Executive Officer, President and CEO: Taro Fujie; hereinafter “Ajinomoto”) adopted CCH Tagetik such as its enterprise performance management (CPM) solution.
Ajinomoto Group promotes Ajinomoto Group’s Shared Value Creation (SVM) management to generate both social and economic value through its activities. ASV management integrates, measures and analyzes hard-to-quantify indicators such as social issues and intangible assets, in addition to conventional economic indicators, in order to achieve a profit structure that is not affected by the environment changing external environment, including customers, society, and industry. CCH Tagetik was selected as the CPM solution capable of automating the measurement and monitoring of current conditions.
“Ajinomoto actively strives to achieve a diverse range of measures that drive our sustainable growth,” said Eiichi Mizutani, Ajinomoto’s executive vice president in charge of finance and investor relations. “Thanks to CCH Tagetik, we will be able to determine appropriate measures based on planned values and monthly rolling forecasts for each activity, automate the measurement and monitoring of current conditions and obtain a complete picture of the situation group overall. Ajinomoto’s ability to address medium- and long-term challenges across the organization. In the future, we intend to use this system as a unified CPM platform, streamlining the consolidation of financial and non-financial information for business management and facilitating access to management information. for all Ajinomoto entities, divisions and individual companies to meet their specific needs.
Kumiko MinowaJapanese Managing Director of CCH Tagetik at Wolters Kluwer, said: “CCH Tagetik, as a CPM solution, enables the digitalization of financial operations through the following features:
- Integration of essential management information, enabling end-to-end analysis through to reporting.
- Flexible definition of indicators linking financial and non-financial information.
- Providing various accounting functions as standard, including consolidation and rolling forecasting.
We are confident that CCH Tagetik can be effectively used as the optimal CPM platform to drive Ajinomoto’s management transformation project. »
ISID, the only Gold partner in Japan, was selected as an implementation partner of CCH Tagetik due to its extensive experience in implementing CCH Tagetik and the high level of technical expertise of its experienced consultants. ISID has been working to solve customer problems in the area of enterprise systems for some time, and by using CCH Tagetik, ISID will improve the utility and quality of enterprise performance management.
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About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in professional information, software solutions and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory industries. , corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer announced annual sales of €5.5 billion for 2022. The group serves customers in more than 180 countries, has operations in more than 40 countries and employs around 20,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
About Information Services International-Dentsu (ISID)
ISID supports the digital transformation of society and businesses through its strong technological capabilities and creativity under the vision of “HUMANOLOGY for the future: bringing people and technology together to shape the future” . In addition to offering solutions developed in the four areas of finance, manufacturing, business and communication, ISID promotes X innovation (cross innovation) that goes beyond the boundaries of technology, industry, businesses and the region. In this way, it constantly creates solutions that contribute to the evolution of customers, consumers, society and their coexistence. https://www.isid.co.jp/
SOURCE CCH® Tagetik, Wolters Kluwer