PR97358

NEW YORK, Aug. 9, 2022, /PRNewswire=KYODO JBN/ --

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