Why Longview Tax Data Platform?
- Enterprise software to gather and store all of your tax data
- Longview Integration Suite
- Web data collection for data and documents
- Foreign currency translation
- Rollup and consolidation over multiple years
- Multidimensional database
- Complex modeling/apply Business Intelligence (BI) to data
- Dynamic reporting
- Configurable dashboards with Microsoft SharePoint
integration
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Looking at the latest legislation to impact on AP and Finance teams in the UK. Making Tax Digital (MTD) for VAT. Includes a look at Global trends and how technology can help.
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The results can be staggering. Companies that leverage cost analytics
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The CRF Innovation Awards celebrate the spirit of innovation and honours CRF jurisdictions which have successfully put in place world-class initiatives, as well as those which have creatively implemented customised solutions, to make a real difference to their stakeholders. There are two categories of awards: CRF Innovation Award (Excellence) and CRF Innovation Award (Commendation).
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The CRF Innovation Awards celebrate the spirit of innovation and honours CRF jurisdictions which have successfully put in place world-class initiatives, as well as those which have creatively implemented customised solutions, to make a real difference to their stakeholders. There are two categories of awards: CRF Innovation Award (Excellence) and CRF Innovation Award (Commendation).
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Longview Planning is a comprehensive, Web-based application that drives finance processes, as well as a wide range of operational planning processes – all from a single repository of real-time, accurate information.
Powerful workflow functionality, that includes e-mail notifications and alerts, simplifies the planning, budgeting and forecasting processes and makes it easy for users to collaborate by tracking and communicating the progress of their plans and budgets.
Flexible rolling forecasts, based on real-time information, provide greater visibility into future operating performance. Longview Planning ties business plans, budgets and forecasts to strategic objectives, operational goals and targets.
Based on a single repository of accurate, real-time information from across the organization, Longview Consolidation provides a comprehensive and sophisticated technology platform that dramatically improves internal processes for consolidation, elimination, reconciliation, modeling and reporting of financial data to key internal and external stakeholders.
Longview Consolidation simplifies and automates financial processes, enabling finance professionals, operations staff and department managers to focus on analysis and managing exceptions rather than on reconciliations.
A single point of maintenance ensures that appropriate accounting treatments are applied consistently, thereby maintaining a single repository of financial truth, enterprise-wide.
Longview FXR promotes an effective, efficient and coordinated process to produce regulatory filing documents. By using a single, validated repository of financial data supported by cross-check, version control, and a detailed audit trail, customers can standardize and automate the entire process, thus dramatically reducing risk inherent in financial reporting.
Make Intelligent Decisions that Drive Business Value
Improving profitability is one of the highest priorities for business managers. The challenge is to identify and analyze profit-making activities by specific dimensions such as customers, products, channels, segments, and business units. Accurate data helps drive continuous profit improvement initiatives by helping businesses understand where and how to improve profitability.
The results can be staggering. Companies that leverage cost analytics
to focus on cost reduction can experience reductions of 3–5%, while those that focus on profitable growth and revenue initiatives can achieve 5–15% improvements. For example, a $4 billion financial services
firm added $600 million in annual profit enhancement by focusing on profitable growth and revenue rather than cost containment.
Longview Profitability Analytics leverages your company’s data to provide powerful insight into revenues, business costs, margins, and operations to help you develop profitable action plans.
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2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
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1. Longview Tax Data Platform
Longview Tax Data Platform’s powerful
calculation engine generates all of the defined
and ad-hoc calculations you need, for indirect
as well as direct taxes, and for every tax
process, from provision to compliance.
One data repository, one calculation, one
result… the right result.
Longview Tax Data Platform
includes:
n Longview Integration Suite – The platform
is an enterprise-grade application that
provides security, flexibility, and
scalability.
n Longview Integration Suite – Centralize
any number of data source systems,
databases and applications – including
ERP/general ledgers such as Oracle, SAP
and Microsoft or feed any point solutions
such as compliance or provision – via
Longview’s bi-directional connectors.
n Web Input Templates – Collect
standardized, manually entered data from
users anywhere in the world via the web.
New templates are easy to define and
create for any data collection need.
The Tax Challenge
Finance departments have made giant strides in applying technology to
the task of controlling their data in recent years, but tax functions have
not kept pace. Track the tax processes in any large organization and too
often what you will find is a heavy reliance on manual methods for data
input, retrieval and reconciliation; duplicative, ad-hoc number hunts;
and endless back-tracking and fire-drills – in short, a maze of
semi-automated efforts, poorly coordinated with each other and with
the business at large.
Where efficiency is impeded, so is transparency. Tax is perhaps the most
important interface between business and government, and it’s rife with
risk. As pressures on companies continue to escalate, confidence in the
timeliness and accuracy of their tax numbers remains elusive for many
CFOs and tax directors.
Why Longview Tax Data Platform?
“How do I increase efficiency? How do I get more visibility into my data?
How do I reduce risk?” For many tax leaders, these are increasingly
urgent questions, and for all three the answer is the same: A truly
effective solution must start with a central repository for tax data.
Longview Tax Data Platform integrates, stores, and distributes data
from widely disparate systems. Think of it as Tax Data Central – similar
to your organization’s consolidation system, but specifically for the
needs of tax.
Your point solutions may be great at what they do but can they talk to
each other? With Longview Tax Data Platform, they can. Do you have
multiple ledgers? Longview Tax Data Platform stores all your tax data
so that all of your crucial tax numbers are available from a single
location anytime you need them.
2. n Multidimensional Database and Configurable Data
Storage – Collect, consolidate, reconcile and summarize
data at any level of detail and in any rollup you choose
to define. Store data across multiple time periods –
including months, quarters and years – for actuals, as
well as the forecast and planning timeframes.
n Complex Modeling/Business Logic – Apply complex
calculations and modeling to your tax data and save the
results for reporting and analysis. Calculate key
performance indicators (KPIs) for tax.
n Foreign Currency Translation – Simultaneously translate
any number of currencies for global consolidation and
reporting.
n Automatic Rollup and Consolidation – Build one source
of truth for all views, from legal entity to consolidated,
with tax data stored in a single database.
n Web Reports and Longview Reporting and Analysis –
Run standard reports and ad-hoc queries to create and
save regularly used reports. Group reports and print
them in batch with one simple step.
n Longview for Excel – Integrate data from Microsoft Excel
spreadsheets into your Longview database. Easily view
and refresh your tax data in the familiar Excel format
through a Longview for Excel workpaper.
n Document Repository – Attach and view documents in
web data collection templates and web reports.
n Workflow – Track progress and status at every level of
the process.
Longview Tax Data Platform
2
n Microsoft SharePoint Integration – View Longview
dashboard panels in a Microsoft SharePoint dashboard
via links to web input templates and web reports, the
Longview document repository, and graphs, tables,
and KPIs.
n Business Intelligence (BI) Integration – Connect with any
third-party BI or reporting tool such as MicroStrategy,
Cognos, Business Objects/Crystal, and Microsoft
PowerPivot.
n Mobile Dashboards – Longview dashboards and reports
are mobile, allowing you to access your time sensitive
tax data and reports from anywhere you go!
The Longview Tax Advantage
n A single, centralized starting point for tax data
management, as well as reporting and analysis
n Improved visibility due to seamless integration with
your G/Ls and tax compliance systems
n Less time spent manually gathering data, more time
available for value added analysis
n Improved efficiency through standardized and
automated tax calculations
n Advanced analytics that help you energize planning
and strategy
Full 360 degree view of the tax data in on location
Longview Tax on the go!
3. n Faster and more accurate, transparent, and auditable
tax provision improving the confidence in its accuracy
and timeliness
n Faster, more accurate, more transparent, more
auditable tax provision
n More control and reduced risk due to less reliance on
spreadsheets
n Flexible deployment options:
hosted/software-as-a-service (SaaS) or on-premise
n Easy to use and maintain
n Easy to install: tax service providers from many top
audit and service firms are certified to implement
Longview Tax
Longview is:
n Recognized as ‘Visionary’ by Gartner
n Ranked #1 in customer satisfaction, value, sales,
support and value for money by Gartner
n Backed by 20 years of proven experience
www.longview.com/tax3
IntegrationSuite
Workflow, Collaboration, Security and Dashboards
Microsoft SharePoint and Office Integration
Other Data
Sources
Other Transaction
Systems
ERP
Data Warehouse
Tax Compliance/
Point Solutions
Ad Hoc
Calculations
Analysis &
Reporting
Microsoft
Excel
Web Data
CollectionTax Data Platform
Tax Data Collection
Tax Provision/Reporting
Tax Data Management
Tax Planning
Audit
Finance & Tax
Executive
Operations
Regulator
Longview Tax is a comprehensive tax technology solution built on Longview’s Tax Data Platform
that allows you to own and take control of your tax reporting processes.
Longview Tax