Longview 2017 Consolidation

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1 Longview 2017 Consolidation Longview Close Faster closing times, tighter controls and auditability, real-time consolidation, elimination of manual error-prone tasks, reduced risks, more time for data analysis and more accurate decision making - that is what is being asked of finance departments. That is what financial professionals from many of the world's most respected companies are achieving with Longview. Designed by accountants for accountants, Longview has been providing Consolidation solutions to Fortune 1000 companies since Our complete, unified, and easy-to-use out of box solution based on accounting, implementation and industry best practices will greatly streamline and accelerate your current close process and allow you to focus your precious time on analysis and organizational performance. 1

2 Benefits At A Glance Faster closing and more time for value-added activities like analysis without sacrificing data integrity Real-time Consolidation As data is submitted Longview continuously calculates and consolidates. No need to run a batch job with Longview. Longview is always in a Consolidated state! Comprehensive out of box consolidation functionality based on best practices, IFRS, US GAAP Finance owned and maintained out of box functionality is easy to maintain by the Finance professional Flexible and highly configurable for specific business requirements Easy to use self-service reporting and analysis without assistance from IT Pre-packaged and embedded analytics that allow users to quickly gain insight and foresight to make the right decision, with confidence Proven enterprise performance and scalability for companies of any size Finance staff can shift their focus from data collection and validation to meaningful data analysis Why Longview Faster Close Move From Preparing And Waiting To Analyzing! Longview is always in a continuous consolidated state! How is this possible? Longview s powerful Consolidation engine performs all calculations dynamically and in real-time as data is submitted for all consolidation levels. That s right, you don t need run your consolidation process over and over again each time there is a data change. This means that you ll be able to access your data in real time which will accelerate your close, give you more time for analysis and reduce the risk of data integrity errors. Peak Performance Longview s proven enterprise grade performance and scalability means that you will always get fast, accurate and reliable data to support the financial close process like so many other companies that have chosen Longview Consolidation. We believe that our customers should focus on improving their organizational performance and not worry about system performance. As your company grows and you add more data and more users rest assured that Longview will grow with you and deliver peak performance as we ve demonstrated consistently during our 20-year history. 2

3 Fast Track Your Implementation With Longview s Out Of Box Solutions Longview Consolidation s out of box functionality based on GAAP, IFRS and industry best practices will have you up and running in no time. This means that you ll start benefiting from your investment in weeks rather than months and you ll maximize ROI. Our consolidation apps are easy to use and administer which minimizes your total cost of ownership (TCO) and gives you more time for analysis. All Your Consolidation Needs In One Unified Application What happens when you have an acquisition, disposal, discontinued operation, or a reorganization? Today you likely work nights and weekends because your current system can t handle these complex consolidation requirements and you must go back to Excel hell. Longview Consolidation provides all the capabilities to handle the most complex consolidations all in a single and unified solution without having to rely on Excel; saving you time and giving you back your weekends! Longview Consolidation supports all your consolidation, management and statutory reporting requirements Your Choice: Cloud Or On-premise Deployment Longview offers our customers the choice of deploying their solution either on premise or in the cloud which gives you ultimate flexibility in choosing the deployment options that aligns with your organization s goals and objectives. Better Insight And Better Decisions Equals Optimized Performance Access your data anytime, anywhere and on any device using Longview Analytics. Our mobile technology gives you real time access to your data so that you can quickly identify problem areas, drill-down to find the root cause of any issue and take corrective actions to get your company back on track. Make the right decision, every time, with confidence with Longview. 3

4 Longview dashboards can be accessed anytime, anywhere via the web or on mobile devices Improved Collaboration And Data Integrity With Workflow Management Because it s a single source solution, Longview simplifies collaboration by tracking information as it flows through your organization. Longview s integrated Workflow functionality empowers your Corporate Controller and other finance managers to monitor and report on status of entire Consolidation process. When a business unit submits their data for approval Longview automatically notifies the approver by and locks the data which ensures data integrity throughout the consolidation process. Longview Disclosure Management Data is only half of the reporting story. Telling the story behind the numbers is key to inspiring confidence and enabling sound decision making across your organization. Longview Disclosure Management powered by Certent streamlines the process of preparing the narrative for financial reports, helping you efficiently complete the financial close and reporting process. Longview Disclosure Management powered by Certent goes above and beyond your company s corporate reporting needs with one comprehensive and streamlined application. It simplifies the disclosure management cycle and enables smarter disclosures with a complete offering: a robust disclosure research and analytics platform a comprehensive internal and external reporting application expert implementation and XBRL support and services 4

5 Finance Analytics Data Rich Information Poor Unlock The Value Of Your Data With workloads steadily increasing and a growing need to make faster, more accurate decisions, finance leaders are looking for ways to draw deeper insights from their data and provide new means of communicating with stakeholders. This is very challenging since most decision makers are inundated with data and struggle to find useful information to identify areas of concern and improve decision-making. Beyond data analysis and traditional financial statement reporting, data visualization capabilities in Longview Analytics allow you to draw new insights from your information and quickly identify areas requiring further analysis. Longview Analytics unlocks the value of data within your Longview Close and Plan application, or any finance/enterprise application, and provides a platform for expanding well beyond. Start Quickly, Gain Traction, And Expand Longview s Finance Analytics solution allows finance departments to start experiencing the benefits of Analytics without needing to initiate a months-long exploration project. With pre-built dashboards and reports designed to connect seamlessly with your Longview Close and Plan applications, Analytics are immediately available; helping you quickly gain value and experience, while working to envision where you want to go next. With an underlying design environment that can connect to any finance/it application customers have limitless options in terms how they expand and grow in the world of analytics well beyond the traditional boundaries of Finance. 5