Comparison · Light vs CCH Tagetik
Light vs CCH Tagetik
CCH Tagetik is an enterprise performance management platform that brings financial close and consolidation, planning and reporting together on one foundation. It is strong on statutory consolidation, AI-based disclosure management and iXBRL, lease accounting, corporate tax and ESG and regulatory reporting. It is not an ERP: it integrates with the ERPs your entities run and consolidates their data. Light is the agentic ERP where the ledger and the consolidation are the same system, so the group numbers are the books rather than a platform built above them.
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Light and CCH Tagetik, compared
| Feature | Light | CCH Tagetik |
|---|---|---|
| General ledger and accounting system of recordCCH Tagetik: a close, planning and reporting platform that integrates with your ERPs rather than replacing them | Yes | No |
| Multi-entity consolidationCCH Tagetik: a core strength: automated intercompany eliminations, minority interests and multi-standard IFRS and GAAP compliance | Yes | Yes |
| Budget, forecast and budget-vs-actual reportingCCH Tagetik: a genuine strength, including scenario modelling, predictive forecasting and integrated business planning | Yes | Yes |
| Accounts payable and accounts receivable ledgersCCH Tagetik: not what it is built for; AP and AR stay in the connected ERP | Yes | No |
| Corporate cards and spend managementCCH Tagetik: not offered; CCH Tagetik is a performance management and reporting platform | Yes | No |
| Vendor payments on local railsCCH Tagetik: not a payments product; cash flow is planned and analysed, not executed | Yes | No |
| Consolidation posts continuously as transactions happenCCH Tagetik: consolidation runs on data integrated from source ERPs and other systems | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Consolidate at the source
CCH Tagetik consolidates data integrated from the ERPs your entities run. Light consolidates as transactions post, with drill-down from group figures to source documents.
- 01
Keep daily finance together
Light runs bills, invoicing, cards and payments alongside the general ledger. Agents complete routine work within your controls, with a record of every action.
- 02
Check the specialist requirements
CCH Tagetik covers planning, disclosure management, iXBRL, lease accounting, tax and ESG and regulatory reporting. If you need those, a dedicated platform is the right answer; compare them explicitly before deciding.
When to choose Light
- 01
One ledger for every entity
Add a company, a country or a currency without adding another system.
- 02
Close every entity at once
Consolidation and eliminations update as transactions post.
- 03
One product for all of finance
Ledger, cards, bills, billing and consolidation run in one product, so no data has to move between systems.
Trusted by the world's
fastest growing companies
See how finance teams run lean and global on Light.
Read customer stories-
“We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
Tanja, Director of FinanceOmnea -
“Even though we’re three entities, it’s like I’m running a finance department for one entity.”
Thobias, Finance ManagerAlva Labs -
“I really like that Light’s AI already gives me suggestions, GL accounts, cost centers, tax codes. I don’t have to start from scratch.”
Cédric, Finance ManagerOper Credits -
“Nine times out of ten the AI matches everything and posts it to the right account. One click and you’re done.”
Jeppe, CFOKeyShot
Built for the daily work
Bills through to payment
Capture invoices, route approvals and pay vendors from the same system.
Room to grow
One ledger built to handle billions of transactions across your business.
Trace every number
Open a report and drill straight into the transactions behind it.
Spending, under control
Expenses, vendors and cards connected to your ledger.
Expenses
Collect receipts, approve expenses and track spend as it happens.
Vendors
Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.
Cards
Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.
Frequently asked questions
Is CCH Tagetik a general ledger?
No. It consolidates, plans and reports on data integrated from your ERPs.
Can Light replace our entity ERPs?
Light provides the ledger, payables, receivables, spend and consolidation in one platform.
When does CCH Tagetik fit?
When you keep many different ERPs, or need statutory disclosure, iXBRL, tax or regulatory reporting on top of them.
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