Focused Photonics Inc. Selects Wolters Kluwer CCH® Tagetik Expert Solution for its Disclosure Management Needs
Wolters Kluwer announced that Focused Photonics Inc. (FPI) has adopted the CCH® Tagetik Disclosure Management solution to enhance its compliance capabilities for annual filings and management reporting. This decision, made due to FPI's rapid expansion, reflects the need for automated disclosure management following a manual approach. CCH Tagetik was chosen for its leadership in customer experience and operational efficiency. The project will be implemented by EPM Venus, a CCH Tagetik partner in China, ensuring tailored solutions for FPI's complex systems.
- FPI adopted CCH Tagetik to enhance compliance capabilities, improving operational efficiency.
- The partnership with EPM Venus will ensure tailored solutions to optimize FPI's processes.
- None.
CCH Tagetik chosen as the best solution to further enhance FPI's compliance capabilities
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Wolters Kluwer, a global leader in professional information, software solutions, and services, announced today that Focused Photonics Inc. (FPI) has adopted the CCH® Tagetik Disclosure Management expert solution to facilitate its annual filings, board books, and management reporting. Chinese partner EPM Venus will jointly lead the project.
As a leader in gas measurement, and monitoring emissions, ambient air, and wastewater, FPI is focused on its customers by providing the highest safety measures and environmental protection. With the rapid expansion of FPI, it recognized that disclosure management which used to be completed manually could no longer meet the group's requirements. FPI evaluated various disclosure management software solutions and chose CCH Tagetik for its leadership in customer experience and vendor credibility.
"CCH Tagetik has met our needs for disclosure management by greatly improving our work efficiency," said He Songfang, Head of Financial Info-Technology, FPI. "By establishing a multi-level and multi-dimensional consolidation infrastructure, CCH Tagetik has fulfilled corporate consolidation requirements, supported the flexible adjustment of organization's structure after M&A, and laid the foundation for subsequent multi-caliber management consolidation and multi-dimensional analysis."
"We are very pleased that CCH Tagetik expert solutions have been well recognized in the market. We will continue to work closely with our customers, providing them with professional solutions and creating greater value for them," said Michael Chung, General Manager of Greater China, CCH Tagetik at Wolters Kluwer.
In this project, EPM Venus was selected to implement it based on its deep understanding of the client's needs and requirements. As a partner of CCH Tagetik in China, EPM Venus provides end-to-end services from management consulting to system selection implementation, project management, and training.
"We are honored to work with FPI to implement CCH Tagetik," said Wang Jun, Project Manager, EPM Venus. "When faced with the requirements of high automation rate, multiple and complex ERP systems, our team proposed different solutions for transformation and consolidation, and smoothly implemented the software and helped the client to optimize its quality and efficiency. In the future, we hope to work with CCH Tagetik to support more companies to achieve financial digital transformation."
CCH® Tagetik is a global expert solution that empowers finance departments to achieve digital transformation, providing a strategic and intelligent platform for financial close and consolidation, financial and operational planning, and regulatory compliance. By embedding advanced intelligent machines, customers can accelerate the decision-making process with powerful forecasting capabilities and an open platform that connects data and operational solutions across the enterprise.
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2021 annual revenues of
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Media Contacts:
Beatriz Santin
CCH® Tagetik
+1 339 229 2447 office
Beatriz.santin@wolterskluwer.com
Jackie Hyland
CCH® Tagetik
+1 984 218 5410 office
Jackie.hyland@wolterskluwer.com
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SOURCE Wolters Kluwer
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