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  • Case Study - Integrys
  • Case Study - Integrys
Why choose Longview for Corporate Performance Management and Tax software?

Longview Reporting: Features and Benefits

The Features:
  • Profitability Reporting
  • Almost all organizations have multiple product lines or divisions which impact the company's bottom-line. The ability to monitor, adjust, and improve how these different areas of the business are doing is critical. Through the multi-dimensional and robust allocation process, you can create profitability and margin reporting, including fully-burdened P&Ls. The loaded P&L incorporates allocated overheads and may be generated by product, marketing channel, customer or any other desired business variable on any basis. Longview 7 facilitates financial, non-financial, stepped and tiered allocations and it enables you to quickly and easily produce financial statements and profitability reports.
  • Key Performance Indicators (KPIs) and Metrics Reporting
  • Ongoing measurement and assessment of KPIs is critical to continually realign your business operations with your business strategy, and vice versa. What you need for that effective measurement of your company's performance is data from various financial and operational source applications, directly input over the web. Longview 7 gives you those key metrics. Various KPIs can be tracked and reported on. If the results are outside set tolerances, explanatory comments can be attached, providing management with insight into what problems exist. The platform's calculation engine, strongest in the industry, enables you to model any metric for your particular organization or industry requirement. Pro forma KPIs and measures can also be created so that actual performance can be measured against targets.
  • Comprehensive Reporting Capabilities
  • The Longview Platform enables users to:

    • Drill down
    • Analyze and report on live data
    • Report enterprise-wide and in real-time with no reconciliation of flat files or cubes required
    • Define report selections and filter criteria as appropriate
    • Report and analyze without having to pre-define reports for all possible combinations of entities and currencies
    • These features reduce overall maintenance and cost of ownership
  • Sophisticated Modeling and "What-if" Analysis
  • Operational and financial modeling taps the potential of "what-if" scenario analysis. And that translates to better business analysis. The robust modeling and calculation engine in Longview 7can handle any user-defined business model or algorithm. Longview 7readily supports:

    • Complex, iterative calculations
    • Goal seeking
    • Solvency modeling

    The modeling engine uses English-like, finance-friendly syntax to model users' specific business rules, KPIs, metrics and any other formulae needed to facilitate your organization's management reporting package. Finance professionals can model any aspect of the business at a granular level of detail.
  • Complex Allocations
  • Complex allocations require sophisticated modeling ability. Longview 7, allocations can be created on any basis and based on any value - amount, operational measure or percentage. Each overhead line can be allocated differently if required. These allocations may be run in real time, at any time. This is in contrast to allocations generated by GL and ERP systems that are slow and may have to run for several hours in batch mode. Longview 7also facilitates financial, non-financial, stepped and tiered allocations.

The Benefits:
Longview 7 deals with complex models as a matter of routine, unlike other software systems that typically cannot transform raw numbers (input or imported) and usually require spreadsheets to complete complex calculations. Benefits include:

  • Unburdening IT - financial users can create and maintain the critical models, without requiring assistance from IT
  • Increased Efficiency - delivers quick access to real-time financial and non-financial information and allows individuals to spend more time on in-depth and strategic business analysis
  • Financial Accuracy - generates real-time management, financial, or ad hoc reports from a single, validated repository of financially accurate information
  • Variety of Reporting Options - reports can be generated based on key performance indicators or virtually any business variable, such as product, marketing channel, or customer