Q: How do your CPM and Tax solutions support global corporate governance and compliance initiatives including Sarbanes-Oxley, Basel II, and IFRS?
A: The main underlying themes of these various corporate governance legislations are visibility, consistency and reliability in a controlled environment. Longview’s single source solution improves transparency and provides the backbone to our customers' governance and compliance initiatives, be it Sarbanes-Oxley, Basel II, IFRS, or others including industry-specific and regulatory initiatives. Our software platform provides an integrated framework with a focus on speed, accuracy, and financial integrity, all built around the business rules of our customers. Customers who implement our solution are able to have a single, integrated view of where they are going, how they got to where they are, and what impact changes to the current structure might have for the future. In accessing the data from this single-source, they know that the numbers and inputs coming out of their organization are obtained on a consistent and auditable basis, and in a fast and accurate manner. In practice, our CPM solution reflects a global finance team working in harmony, where remote user groups can see their numbers the way that corporate sees them, and vice versa.