The Value of Finance Modernization, Real World Transformations and Dynamic Networking Experienced by 2018 CCH Tagetik In Touch Conference Attendees

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NEW YORK–(BUSINESS WIRE)–During the CCH
Tagetik In Touch Conference
, hundreds of attendees gathered to hear
Wolters Kluwer experts, industry thought leaders and CCH Tagetik
customers share best practices and tangible examples for how the modern
CFO can leverage available innovation to push business forward with
perpetual motion.

Hundreds of meaningful connections were made during the three-days at
the Eden Roc Miami Beach Hotel. The beautiful surroundings and fun
networking events brought energy and excitement about the modernization
of Finance. Watch the CCH Tagetik In Touch highlight video here.

The Value of Finance Modernization

Emerging technologies like artificial intelligence, machine learning and
predictive analytics is driving customer-facing innovation. Yet the
Office of Finance is often held back by legacy technology, despite the
push for CFOs to be more strategic, forward-looking, and
business-focused. According to FSN’s Innovation
in the Finance Function Survey 2018
, a staggering 54% of respondents
would like to be more innovative but rarely get the time, funding or
support to invest in finance operations innovation.

“Innovation comes in many forms with small steps along the way,” said
Manuel Vellutini, Executive Vice President, CCH Tagetik, Wolters Kluwer
Tax & Accounting. “CFOs should rethink process architecture to reduce
complexity, improve effectiveness and increase collaboration. Moving
past legacy systems is crucial. A CFO will be challenged if they’re
trying to provide strategic advice to the company while relying on data
from offline spreadsheets.”

During the general session, Wolters Kluwer experts
discussed key challenges facing the Office of Finance and how to solve
them including:

  • Shifting to cloud CPM solutions address the challenges of annual
    budgeting, demands for real-time insights, and monitoring
    decentralized processes
  • Transforming granular data into intelligent insights that can be used
    for operational decision making while still maintaining the control,
    governance and accountability that CFOs are responsible for

Real World Transformations

Throughout the event, several dozen customers shared
stories
of their company’s Office of Finance transformation.
Industry leaders including Driscoll’s, the #1 berry company in
the world, Aegon Asset Management, the world’s largest financial
services origination and Tarsus Group, an international
business-to-business media company, discussed their pain points and how
they transformed.

To learn more, check out the CCH Tagetik In Touch highlight video here
and sign up for the CCH Tagetik blog
to be notified about the 2019 In Touch event.

About Wolters Kluwer

Wolters Kluwer is a global leader in professional information, software
solutions, and services for the health, tax & accounting, finance, risk
& compliance, and legal sectors. 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 reported 2017 annual revenues of €4.4 billion. The group
serves customers in over 180 countries, maintains operations in over 40
countries, and employs approximately 19,000 people worldwide. The
company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are
included in the AEX and Euronext 100 indices. Wolters Kluwer has a
sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs
are traded on the over-the-counter market in the U.S. (WTKWY). For more
information about our solutions and organization, visit www.wolterskluwer.com,
follow us on Twitter, Facebook, LinkedIn, and YouTube.

Contacts

Wolters Kluwer Tax & Accounting
NICOLE YOUNG
347-931-1055
N.Young@wolterskluwer.com
or
GRETA
BARTOLI
+390583968394
greta.bartoli@wolterskluwer.com

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