Longview Tax Provision/Reporting

n Integrated Accounting and Compliance –

Bridge the gap between provision and

return – Longview integrates the final

book-to-tax adjustments and runs the

automated return-to-provision true-up.

Longview Tax Provision/Reporting includes:

n Longview Tax Enterprise Platform –

Longview Tax Provision/Reporting is built

on the Longview platform. The platform is

an enterprise-grade application that

provides security, flexibility, and

scalability.

n Out-of-Box Standard Tax Packages and

Reports – Longview's standard tax

packages and reports can be customized,

used “as is”, or new packages can be

added to meet your company’s specific

requirements.

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.

Tax ChallengeWhile other areas of corporate finance have modernized their data

management processes through the strategic use of technology, many

tax departments still rely on manual, time-consuming methods, making

transparency and efficiencies difficult to achieve. Global corporations

face severe challenges in trying to manage, control and make sense of

enormous volumes of tax data spread across disparate systems.

The challenge is especially true when it comes to the income tax

provision/reporting processes - traditionally sources of long hours

and high stress for tax professionals. As close deadlines continue to

tighten, more and more CFOs, controllers and tax executives are

looking for an end-to-end technology solution for the global

accounting for income tax.

Why Longview Tax Provision/Reporting?An accurate, efficient tax provision/reporting process depends on

access to a centralized repository of reliable tax data.

Longview Tax Provision/Reporting is a user-friendly, intuitive tool

fueled by the single source of data that Longview Tax Data Platform

provides. Longview Tax Provision/Reporting features:

n Out-of-Box Standard Tax Packages and Reports – Use standard

packages as-is or customize to meet your specific requirements

n Easy Set Up – Use pre-defined import templates to be up and

running in a matter of days

n ASC 740 and IFRS – Easily address the requirements of ASC 740

(FAS 109) and IAS 12

n Industry Solutions – Meet the unique requirements of industries

such as Insurance (SSAP101), Regulated Utilities (FERC), Financial

Services, Oil and Gas, and Mining

n Interim Reporting – Forecast your estimated annualized ETR by

legal entity and/or jurisdiction

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 IFRS – Longview is recognized as the industry’s premier

solution for IFRS tax reporting. The solution has been

specifically architected to address the unique

requirements of IAS 12.

n Industry Solutions – Longview’s unique configuration

layer allows you to specifically address unique

requirements for industries such as Insurance

(SSAP101), Regulated Utilities (FERC), Financial Services,

Oil and Gas, and Mining.

n Interim Reporting – Longview's interim reporting

process allows for forecasting the estimated annualized

ETR by legal entity and/or jurisdiction as per ASC

740-270-30 (formerly FIN 18) or IAS 34.

n Process Late Adjustments – Longview stores all of your

data in one location so that if you re-load the G/L or

create an entry manually, the impact is automatically

calculated from the Trial Balance through to Notes

Disclosure.

n Integration with Compliance – Longview integrates with

any compliance system and runs the automated

return-to-provision true-up in Longview Tax.

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.

Longview Tax Provision/Reporting

2

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.

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.

Comprehensive out�of�box reports including Consolidated ETR

n Improved efficiency through standardized and

automated tax calculations

n Advanced analytics that help you energize planning

and strategy

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

Inte

gra

tion S

uite

Workflow, Collaboration, Security and Dashboards

Microsoft SharePoint and Office Integration

Other DataSources

Other TransactionSystems

ERP

Data Warehouse

Tax Compliance/Point Solutions

Ad HocCalculations

Analysis & Reporting

MicrosoftExcel

Web DataCollectionTax 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

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

Longview Tax on the go!

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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 info@longview.com Email info@longview.com Email info@longview.com Email info@longview.com

© Copyright 2012 Longview Solutions. All rights reserved.