The financial reporting of income tax is under greater scrutiny than ever before. Tax professionals are consistently asked to “do more with less” and many tax departments are at a breaking point. However, there is an answer to the challenges that are pressing tax departments today. Similar to what your counterparts in Accounting have done over the last 20 years, the answer lies in applying technology to make you and your tax department more efficient. Whether it is improving the speed of the close, addressing SOX 404, or achieving faster data collection and processing, Longview Tax provides your tax resources with all the tools necessary to have a world class tax function.

• Transparency and Auditability
Start at a very summarized level of detail and continue to drill-down on your results to better understand the factors driving your effective tax rate. Clear, auditable presentation of tax provision details from book-to-tax and from consolidation to unit-level.
• Efficiency
Improve your tax department’s efficiency by allowing the technology of Longview Tax to handle the time-consuming, repeatable activities such as consolidation, foreign currency translation, tax difference automation, and more. This empowers your tax department resources to focus on more value-added activities such as analysis and evaluating planning opportunities.
• Speed
Reduce cycle time and effort required to close tax and meet reporting requirements. Longview Tax greatly enhances your ability to quickly react to the inevitable late adjustments that are all too often a part of the tax close process.
• Analysis & Planning
Empower your tax department with the most sophisticated tax analysis tools available on the market today. One of the single largest “hidden ROIs” of tax technology is the ability to better analyze your tax details. Use advanced capabilities such as comparative analysis, drill-through, and trend reporting.
• Reduced Risk
Integrated book-to-tax processing of data greatly reduces risk across the tax data lifecycle. Ensure that there is “one source of the truth” for all your book and tax data that drives the provision.
• User-friendly Technology
Intuitive web-based access to all tax provision details. Whether you are a Controller in a remote jurisdiction completing a web tax package or you are the Tax Director reviewing the footnote, easy interaction with the software is a hallmark of Longview Tax.