PR Newswire
12 Sep 2022, 14:41 GMT+10
CCH Tagetik chosen as the best solution to support Kin Long's digital transformation
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Wolters Kluwer, a global leader in professional information, software solutions, and services, announced today that Kin Long has implemented CCH Tagetik Financial Close & Consolidation software, to keep pace with evolving accounting standards. Kin Long has selected EPM Venus as the implementation partner for this project.
Kin Long is one of the largest suppliers of architectural fittings, exporting its hardware to more than 100 countries worldwide. It offers innovative and professional architectural hardware research, development, manufacturing, and marketing services. The company's accelerated growth both domestically and internationally, along with compliance and regulatory changes in China, required Kin Long to evaluate its financial close and consolidation needs carefully.
The CCH Tagetik expert solution supports Kin Long in achieving digital transformation in the financial department by providing a comprehensive, data-driven, and unified platform for financial & operational planning, analytics, reporting, financial close, and regulatory compliance, providing more data decision analysis for the finance team to support business development.
"CCH Tagetik Financial Close & Consolidation software is a powerful solution and has exceeded our expectations for consolidation requirements," said Huang Ping, Head of Reporting, Kin Long. "The project was implemented very smoothly. The EPM Venus team built an efficient system for financial data collection and reporting and upgraded the front-end accounting system - which truly improved the efficiency of financial reconciliation and consolidation. We look forward to working with CCH Tagetik for a long time."
"We are delighted to collaborate with Kin Long," said Michael Chung, General Manager of Greater China, CCH Tagetik at Wolters Kluwer. "CCH Tagetik empowers our clients to unify and streamline financial close and consolidation, integrate business planning and regulatory compliance through an intuitive interface, built-in financial intelligence, and automated workflows to improve team collaboration."
"We are honored to collaborate with Kin Long and to jointly carry out this project using the CCH Tagetik Financial Close & Consolidation," said Eric Yan, Project Manager, EPM Venus. "We look forward to continued partnership and further facilitating digital financial transformation through CCH Tagetik's intelligent platform."
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for healthcare, tax, and accounting, governance, risk and compliance, 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 4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 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, visit www.wolterskluwer.com, and follow us on Twitter, Facebook, LinkedIn, and YouTube.
Media Contacts:
Beatriz Santin JackieHyland
CCH Tagetik CCH Tagetik
+1 339 229 2447 office +1 984 218 5410 office [email protected] [email protected]
SOURCE Wolters Kluwer
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationOMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...