Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, August 10 2022 - 00:05
AsiaNet
Focused Photonics Inc. Selects Wolters Kluwer CCH® Tagetik Expert Solution for its Disclosure Management Needs
NEW YORK, Aug. 9, 2022, /PRNewswire-AsiaNet/ --

CCH Tagetik chosen as the best solution to further enhance FPI's compliance 
capabilities

Wolters Kluwer [ https://www.wolterskluwer.com/en ], 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 [ 
https://www.wolterskluwer.com/en/solutions/cch-tagetik/disclosure-management ] 
to facilitate its annual filings, board books, and management reporting. 
Chinese partner EPM Venus will jointly lead the project.

LOGO - https://mma.prnewswire.com/media/1441883/Wolters_Kluwer_Logo.jpg

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 [ https://wolterskluwer.com/ ] (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 €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, follow us on Twitter [ 
https://twitter.com/wolters_kluwer ], Facebook [ 
https://www.facebook.com/wolterskluwer ], LinkedIn [ 
https://www.linkedin.com/company/2483?trk=tyah&trkInfo=tarId%3A1415118411059%2Ctas%3Awolters%20kluwer%2Cidx%3A2-1-6 
], and YouTube [ http://www.youtube.com/user/WoltersKluwerComms ].

SOURCE: Wolters Kluwer
                 
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