SERB Pharmaceuticals is transforming its financial processes by leveraging the unified CCH Tagetik platform for its statutory consolidation. This initiative aims to modernize the group’s reporting and consolidation tools to meet its growing financial management and performance needs.
Founded in 1995, SERB Pharmaceuticals is an international pharmaceutical company specializing in treatments for critical care and rare diseases. Operating in numerous countries, the group develops, acquires and commercializes medicines that address often inadequately covered medical needs. Its product portfolio is aimed in particular at healthcare professionals working in emergency situations and treating complex conditions requiring specialized treatments.
As part of its financial transformation, SERB Pharmaceuticals has launched a strategic project to replace its legacy SAP Business Financial Consolidation (BFC) system. To support this evolution, the company selected the CCH Tagetik solution, recognized for its consolidation, reporting and financial analysis capabilities within an integrated platform.
The project benefits from the support of Ginesis Finance, which is responsible for the assistance with project ownership (AMOA) assignment, while Satriun France is handling the solution implementation. The teams will notably rely on the Consolidation Starter Kit developed by Satriun to accelerate deployment and secure implementation.
Beyond the technology replacement, this transformation has several objectives. SERB Pharmaceuticals aims to strengthen its ability to analyze financial data, improve the quality and availability of management information, while optimizing consolidation and reporting processes. The group also intends to foster better collaboration between its various finance teams and provide users with a more modern and intuitive working environment.
Choosing CCH Tagetik should enable the company to benefit from a unified platform capable of supporting its growth ambitions while meeting increasingly demanding requirements for financial compliance and transparency.
In a context where finance departments are seeking greater agility and visibility into their performance, this project illustrates the modernization trend currently affecting many organizations. Replacing legacy solutions with unified financial performance management platforms is part of a broader trend aimed at simplifying processes, strengthening data reliability and accelerating decision-making.
source: CCH Tagetik