Download - Longview 7 Overview
Longview 7
The Longview AdvantageOverall Customer Satisfaction: Longview
Solutions ranks #1 among all CPM vendors in
overall customer satisfaction
Overall Value for Money: Longview Solutions
ranks #1 among all CPM vendors in overall
value for money
After Sales Care: Longview Solutions ranks #1
among all CPM vendors in after sales care
Responsiveness of Customer Support:Longview Solutions ranks #1 among all CPM
vendors in responsiveness of customer
telephone support
FinanceOwned Solutions: Longview 7
provides maximum control to Finance teams
and has the lowest burden on the IT
department
Single Application, Complex Planning,Modeling and Analysis: Longview 7 provides a
centralized data repository that meets complex
reporting and performance requirements, while
improving data integrity and consistency
Seamless Vendor Agnostic Integration:Longview 7 offers an open, agnostic data and
application integration with any vendor stack
and infrastructure
Enterprise Grade Performance andScalability: Longview 7 is grid-enabled to
support some of the world’s highest data
volumes and user count with the highest
performance ratings
Performance Management Fuels Finance Transformation
Today’s global business environment is more complex than ever, and
the pressure on companies from demanding customers, relentless
competitors and regulatory scrutiny continues to grow at a rapid
pace requiring performance management and analysis.
ERP Suites fall short in supporting these activities leaving finance staff
relying heavily on spreadsheets. Leading analyst firm, Gartner Inc.,
estimates that 50 to 60% of large organizations still use spreadsheets
for key financial processes such as Planning, Consolidation, Financial
Reporting and Tax Provisioning. These are labor intensive activities that
also pose business and regulatory risk due to the high frequency of
errors, potential data duplication, security concerns and the difficulty
of tracking spreadsheet data back to source transactions.
“Midsize and large enterprises that do not centralize finance systems and standardize finance
processes will incur higher operating and compliance costs than those that do.”
Gartner
Inte
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Workflow, Collaboration and Security
Microsoft SharePoint and Office Integration
Other DataSources
Other TransactionSystems
ERP
Data Warehouse
Tax Compliance/Point Solutions Audit
Finance & Tax
Executive
Operations
Regulator
Dashboardsand KPIs
BusinessAnalytics
ProfitabilityAnalytics
Planning, Budgeting, Forecasting
Consolidation
Disclosure Management/XBRL
Tax Data Collection
Tax Provision/Reporting
Tax Data Management
Tax Planning
Longview 7 enables enterprise clients to collect, store, analyze and report on data in realtime by automating, centralizing and standardizing any one, or combination of, the
following key financial processes: Financial Planning, Budgeting, Forecasting, Modeling, Disclosure Management/XBRL Reporting, Statutory Consolidation, Management Reporting,
Profitability Analytics, Tax Data Collection, Tax Provision/Reporting and Tax Planning.
Longview 7 At-A-Glance
Planning, Budgeting and ForecastingLongview Planning greatly simplifies and streamlines theprocess of aligning the “top-down” strategic goals of yourorganization with the “bottom-up” plans and forecasts.With Longview 7, you can build, track and monitor yourbudgets and plans at any level of detail; and our workflowand approvals mechanism makes planning a collaborativeprocess across your entire organization.
The dynamic roll ups within Longview Planning enabledynamic planning and forecasting, so you can respondfaster and more confidently to business and market changeswith the most accurate and up-to date data. Contextsensitive, role-based reports, scorecards and dashboardindicators at any level, accurately reflect what is going on in your business in real-time.
ConsolidationLongview Consolidation dramatically improves internalprocesses for consolidation, elimination, reconciliation,modeling and reporting to key internal and externalstakeholders. It helps overcome the challenges andcomplexities of sophisticated organizational structures and global operations, including necessary foreign currencytranslations, allocations and inter-company eliminations.With Longview 7, finance can spend less time onreconciliation and more time managing exceptions and value-added analysis.
Longview 7
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Longview 7 includes full support for MultiGAAP and IFRS reconciliations
Longview 7 displays accurate, realtime data throughout the organization
Key Features! Single repository of accurate, real-time information
from across the organization promotes consistent,accurate planning and better decision making.
! Advanced modeling engine supports the creation ofenterprise-wide models based on financial or non-financial drivers, allowing for complex, n-dimensionalcalculations and limitless what-if scenarios.
! Powerful workflow functionality, that includes e-mailnotifications and alerts, simplifies planning processesand makes it easy for users to track and communicatethe progress of their plans and budgets.
! Input templates make re-forecasting quick and easy;and audit functionality improves governance andcompliance by tracking business assumptions,underlying forecasts and forward-looking statements.
Key Features! Consolidates financial data from any source system,
such as SAP and Oracle (incl. PeopleSoft, J.D. Edwards),based on different accounting standards (e.g. multipleGAAPs, IFRS) and statutory regulations.
! Maintains a detailed audit trail of all transactionsprocessed to arrive at the consolidated financialresults, offering auditable proof of data transformationand accuracy.
! Performs foreign currency variance analysis for globalorganizations with multiple currencies and varyingexchange rates; and compares foreign currencies,while isolating the impact of rate variances.
! Creates all structured financial statements, along with KPI and scorecard reports, automatically and in real time.
! Supports the consolidation of subsidiaries withdifferent year end close dates.
! Collects and aggregates supplemental data to supportregulatory disclosures.
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Longview FXR - DisclosureManagement/XBRL ReportingLongview FXR provides centralized financial reporting withembedded support for XBRL tagging and document creation.This streamlines financial report preparation and publishingto internal stakeholders and external regulatory authorities.This also significantly minimizes the risks of non-compliance, delayed filings, inaccuracies, restatements or unauthorizedsystem access.
Longview Tax increases the speed, accuracy, transparency and auditability oftax provision and reporting
Tax Provision/Reporting and Tax DataPlatformLongview Tax significantly reduces the burden and riskassociated with today’s complex global income tax processby streamlining and automating data collection, taxprovisioning and tax planning. Longview Tax can cut the tax close cycle by as much as 50%, with a significantincrease in accuracy. Tax professionals can then spend more time on higher value-add tax analysis and planning,improving the overall tax position and bottom line.
With Longview FXR, users can edit, redline and comment on disclosures
Key Features! Simplified data preparation including rounding and
scaling adjustments.
! Comprehensive disclosure index showing status of allcritical period-end documents (10-Q, 10-K, 20-F, etc).
! Automated creation, control and management offootnote disclosures minimizing restatements.
! Advanced distributed document managementframework enables roll forward of report templates,collaboration on disclosures, formatting to XBRL, MS Word and “Edgar-ready” documents, and extensive versioning and scenario capabilities.
! One-Button Financial Statement Publisher to generateXBRL compliant disclosures, producing draft 10-Ks,10-Qs, audit committee books and internalmanagement reports in a variety of output formats.
! Cross-checking, formatting and exporting functions.
! Embedded XBRL tagging and reuse of existingtaxonomies.
! SEC XBRL and HMRC iXBRL compliance.
Key Features! Integrates closely with G/Ls and all major tax
compliance systems.
! Automatically calculates the consolidated, global ASC 740 (formerly FAS 109), and/or IAS 12 taxdisclosures, including the effects of any jurisdictionalsub-consolidations, using one set of financial data.
! Can track, calculate, and report the required disclosurespursuant to Uncertain Tax Positions (FIN 48).
! Improves efficiency through standardization andautomation of tax calculations - all required taxprovisions, deferred taxes and other disclosures areautomatically calculated with drill-down transparency bylegal entity/jurisdiction/ account, based on appropriateaccounting standards (GAAP, IFRS).
! Advanced analytics shifts focus from datareconciliation to data analysis and planning.
! Longview Tax Data Platform provides a singlerepository of tax data to quickly perform complex data analysis and respond to ad-hoc requests.
Web and Mobile Dashboards and ReportingLongview 7 provides the ability to easily generatemanagement, financial or ad hoc reports from a single,validated repository of financially accurate information.Sophisticated allocation capabilities and key performanceindicators (KPIs) provide an environment in which usersspend more time on in-depth and strategic business analysis.Reports, scorecards and dashboards can be generated basedon KPIs or virtually any business parameter.
www.longview.com
Key Features! Role-based dashboards provide a dynamic view
of critical business information.
! Intuitive interface, AJAX interactivity and an extensiveselection of flash-based graphs and charts.
! Drill down, analysis and reporting on live data.
! Enterprise-wide and real-time reporting via the web oron mobile devices.
! Drill through to the source transaction systems.
! Report and analyze for all possible combinations ofentities and currencies.
! Customizable dashboards allow users to query anddrill through any aspect of the organization, to gaininsight into operational reality versus strategic plans,enabling informed, timely adjustments.
! Ease of use, administration and real-time access reduceoverall maintenance and cost of ownership.
! Capability to integrate with any 3rd party BusinessIntelligence or Reporting tools.
Microsoft SharePoint IntegrationMicrosoft SharePoint is increasingly being used as anenterprise platform for corporate portals, collaboration andenterprise content. Longview 7 has a robust integration withSharePoint along with other Microsoft technology platformsand business applications including Windows, SQL Server,and Office (Excel, Word, Powerpoint). The integration withSharePoint can help customers seamlessly integrateLongview within their existing SharePoint infrastructure.
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Longview 7
Longview 7 functionality can be accessed seamlessly through the SharePoint portal
Key Features! Integrated view of Longview 7 scorecards, and
dashboards (KPIs, metrics, tables, graphs, etc.).
! Direct links to Longview 7 reports and data inputtemplates.
! Access to documents stored in the Longview 7document repository.
! Access to Longview 7 data analysis via MicrosoftPowerPivot.
! Single Sign-on for seamless navigation.
Longview Smart ClientLongview 7 provides an enriched end user experience witha unique combination of rich client functionality andperformance, with the benefits of a web-deployedinterface. The Longview Smart Client functionality allowscustomers to create tailored, interactive processesintegrated with models and other comprehensivecapabilities. This greatly empowers end users by allowingthem easy and convenient access to powerful, interactivefunctionality, while hiding the complexity behind it.
Longview 7 Smart Client allows web access to modeling and othercomprehensive functionality
Longview 7 dashboards can be accessed anytime, anywhere via the web or onmobile devices
"Finance executives are shifting their focus to performance management activities—decision
support, business analysis, forecasting, and financial planning—to plan their growth strategies
and measure the results of those efforts."
CFO Research Services
Key Features! End user access to powerful modeling engine with a
rich and responsive user experience.! Zero-client benefits, such as elimination of client side
installation and upgrades.! Customize the UI to any extent desired using Industry
standard languages, such as HTML and JavaScript.! Ability to interact with data in a spreadsheet-like
interface and conveniently run models and procedures.
Data IntegrationThe Longview Integration Suite (LVIS) provides flexible, open standards-based data integration to any number of data sources. Customers can simplify and automate dataintegration with powerful ETL functionality and hundreds of pre-built connectors.
Longview Profitability Analytics provides a detailed view into the keyinfluencers of net profitability
The Longview Integration Suite simplifies and automates endtoendintegration of mutiple data sources
Key Features! Identifies the key drivers affecting the bottom line
by examining each cost element piece by piece.
! Detailed visibility into operational P&L and activitieshelps management understand the root cause behindcosts and net profitability.
! Powerful reporting, analysis and scenario analysis help identify issues and build a fact-based action plan.
Client ServicesLongview’s proven implementation methodology deliverstimely and predictable results, and because knowledgetransfer is critical to the success of every implementation,our Learning and Client Services teams work with you every step of the way to ensure your objectives are met.From developing training plans customized to your needs, to on-site architects and implementation staff, our knowledgeable, industry veterans will ensure you derive maximum value from your investment.
Technical SupportOur internal team of financial and technical supportspecialists provides customers with the best "behind thescenes" technical support services to ensure that yourLongview investment delivers maximum results andperformance. Our customer technical support servicesinclude: 24 x 7 support services by our technologyprofessionals, award winning documentation and access to certified technical resources.
Key Features! Graphical data integration designer for shorter learning
curves and faster designs.! Powerful data transformation engine to handle the
most complex transformations.! Real-time, scheduled or batch update for frequent
planning and reporting.! Highly scalable data integration with role-based access
and control.! Automation, data validation, error capture, etc.
minimize errors and improve data quality.
Profitability AnalyticsLongview Profitability Analytics significantly enhances acompany’s ability to identify areas of highest profitabilityimpact in order to drive continuous profit improvements.Detailed visibility into revenues, costs, margins andoperations by dimensions such as customers, products,channels, segments and business units help developactionable plans leading to significant financial gains.
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About Longview Solutions
Longview Solutions provides a corporate performance management (CPM) and tax data management platform that leading companies
such as Aon, Brunswick, Lexmark, The Home Depot and Trustmark use to drive performance with speed, visibility and financial integrity.
Since 1994, Longview has been helping clients create a single repository of financial truth from which all, or any one of the following
key financial processes can be performed: financial planning, budgeting, forecasting, modeling, disclosure management/XBRL reporting,
statutory consolidation, management reporting, profitability analytics, tax data collection, tax provision/reporting and tax planning.
Longview is headquartered in Toronto, Canada with additional offices in Philadelphia, Chicago (USA), London (UK), and Amsterdam
(NL).
For more information please visit www.longview.com.
Division Headquarters US Headquarters UK Headquarters Netherlands Headquarters 65 Allstate Parkway, Suite 200
Markham, ON • L3R 9X1 • Canada
2 Radnor Corporate Center
100 Matsonford Road, Suite 230
Radnor, PA • 19087 • USA
Nexus House, Station Road,
Egham, Surrey
TW20 9LB• UK
WTC The Hague, 16th floor
Prinses Margrietplantsoen 46, 2595
BR The Hague, The Netherlands
Tel 905.940.1510 Tel 610.977.0995 Tel 905.940.1510 Tel +31 (0)854884 783
Fax 905.940.8310 Fax 484.367.1153 Fax 905.940.8310 Fax +31 (0) 854884 782
Email [email protected] Email [email protected] Email [email protected] Email [email protected]
© Copyright 2012 Longview Solutions. All rights reserved.