Longview Solutions

Longview Solutions

July 25, 2012 10:36 ET

Longview Recognized as Hot Vendor for Financial Performance Management by Ventana Research

Placement Based on Product Competencies, Total Cost of Ownership, Return on Investment and Validation

TORONTO, ONTARIO--(Marketwire - July 25, 2012) - Longview Solutions, a leading provider of corporate performance management (CPM) and tax reporting software, announced today that it has been awarded the Hot Vendor ranking in Ventana Research's 2012 Value Index for Financial Performance Management, published on June 20, 2012. This designation recognizes Longview for creating customer value based on a thorough evaluation and audit across two customer assurance categories: total cost of ownership and return on investment, and validation, as well as five product-related categories: adaptability, manageability, reliability, usability and functionality.

Longview 7, Longview's CPM solution, enables enterprise clients to collect, store, analyze and report on data in real-time by automating, centralizing and standardizing any one or combination of the following key financial process: Financial Planning, Budgeting, Forecasting, Modeling, Disclosure Management/XBRL Reporting, Statutory Consolidation, Management Reporting, Profitability Analytics, Tax Data Platform that supports Tax Data Collection, Tax Provision/Reporting and Tax Planning. With Longview 7 organizations are able to achieve greater accuracy, transparency, and visibility into the key drivers of corporate profitability in a single, integrated application suite.

"We are thrilled that Longview has received this industry recognition that not only acknowledges our technology solution but the relationships we nurture with our customers, as well," said John Power, CEO of Longview Solutions. "Longview's ability to understand the diverse needs of complex finance organizations and our commitment to deliver visionary solutions that address these challenges through our products and services are the differentiators that set Longview apart from other CPM vendors."

"The 2012 FPM Value Index does a thorough investigation of the Financial Performance Management software that vendors offer to help companies plan, budget, forecast, model, perform statutory consolidations, handle disclosure management, execute management reporting/analysis and conduct profitability analysis. All companies, regardless of size or industry, that are looking for Financial Performance Management software would benefit from the Value Index," said Robert Kugel, Senior Vice President and Research Director of Ventana Research. "As a Hot Vendor, Longview has exhibited strong capabilities in the areas of product competencies and customer assurance including total cost of ownership and return on investment, and validation."

About the Ventana Research Value Index

The Ventana Research Value Index is an analytic representation of our assessment of how well vendors' offerings meet buyers' requirements for software that enables and supports Financial Performance Management. The Index evaluates the software in the context of seven key categories. Five are product-related: adaptability, manageability, reliability, usability and functionality. In addition, we considered two customer assurance categories: total cost of ownership and return on investment, and validation. To assess functionality we applied the Ventana Research Financial Performance Management evaluation framework which examines the operational and performance activities and processes in organizations.

About Longview Solutions

Longview Solutions provides a corporate performance management (CPM) and tax data management platform that leading companies such as Trustmark, Time Warner, Home Depot, Lexmark and Welch's 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 an Exact company headquartered in Toronto, Canada with additional offices in Philadelphia, Chicago (USA) and London (UK).

For more information please visit www.longview.com.

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