Poole, BH17 0RB,
United Kingdom
Codestone Group
Codestone Group, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Codestone Group collaboration with software players such as Wolters Kluwer empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Codestone Group | SAP | SAP Analytics Cloud | Analytics and BI | Analytics and BI |
| Codestone Group | SAP | SAP Business ByDesign | ERP Financial | ERP Financial Management |
| Codestone Group | SAP | SAP Business One | ERP Financial | ERP Financial Management |
| Codestone Group | SAP | SAP Product Footprint Management | Environmental, Social, and Governance (ESG) | EPM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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Millbrook Healthcare | Healthcare | 1200 | $171M | United Kingdom | Wolters Kluwer | CCH Tagetik Financial Close and Consolidation | Financial Consolidation and Close | 2019 |
In 2019, Millbrook Healthcare implemented CCH Tagetik Financial Close and Consolidation to establish a centralised reporting platform across the group. Millbrook Healthcare is a UK provider operating with over 1200 staff across 45 locations and a complex group structure, which required consolidation and standardised reporting across approximately 150 business units, entities and scenarios.
The CCH Tagetik Financial Close and Consolidation deployment focused on core consolidation, close orchestration and a Group dashboard to aggregate financial information with dimensional reporting. Implementation work emphasised Tagetik capabilities in handling entities, scenarios and custom dimensions, and introduced an intercompany cockpit previously managed in spreadsheets to provide structured intercompany workflows and reconciliation controls.
Codestone Group led the implementation and continues to provide configuration and augmentation support, assisting Millbrook with iterative adjustments to the core system. The platform was integrated to pull consolidated data from multiple transactional systems and spreadsheets to populate the Tagetik model, enabling regular and deeper group-level reporting and audit-ready data consolidation.
Governance changes included tighter user controls and parameter restrictions inside CCH Tagetik to reduce ad hoc adjustments, plus a move toward a single source of truth for group reporting. Millbrook documented a targeted reduction in reporting cycle time, with an ambition to shorten the close from Working Day 20 to under 10 days, and has been driving user training and process adoption to transition reporting activity onto the Tagetik platform.
Explicit outcomes noted by the client include a more systemised, intuitive and efficient financial reporting process, improved intercompany control and transparency, and an expectation that consolidated data in CCH Tagetik will streamline audit activities. Ongoing development with Codestone Group is focused on refining the deployment to support Millbrook Healthcare’s evolving reporting requirements.
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Mundipharma | Life Sciences | 3600 | $2.0B | United Kingdom | Wolters Kluwer | CCH Tagetik Financial Close and Consolidation | Financial Consolidation and Close | 2021 |
In 2021, Mundipharma implemented CCH Tagetik Financial Close and Consolidation as a Financial Consolidation and Close solution to provide a unified view across its multinational network of independent associated companies. The deployment was driven by the need to overcome fragmented data governance and to establish a single source of truth for month end reporting and Board level analysis.
The CCH Tagetik Financial Close and Consolidation implementation delivered core capabilities including the financial close and consolidation engine, budgeting and estimates cycles, pre built management and financial reporting, automated workflows, drill down analytics and role based access controls. Codestone Group, engaged as the CCH Tagetik Global Platinum Partner, executed structural configuration, user provisioning, and data security controls across entities while providing ongoing application development and strategic guidance.
The solution was integrated into Mundipharma’s wider IT environment to give the finance function and the central management division visibility across entities, regions and functional lines, enabling product, regional and functional reporting up to Board level. Codestone Group manages two major software releases per year for budgeting and estimates and delivers smaller interim releases to accommodate accounting policy changes, product updates and supply chain modifications.
Governance and change control were formalized through Codestone’s release management methodology and ongoing strategic advisory to future proof the platform and mature Mundipharma’s internal technical capability. Mundipharma consistently meets its working day 3 and 7 financial reporting deadlines, uses automated workflows to reduce manual intervention, and relies on CCH Tagetik Financial Close and Consolidation to deliver standardized processes and trusted data for planning, management reporting and Board decision making.
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Buyer Intent: Companies Evaluating Codestone Group Services
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