Direct Tax and Transfer Pricing

Tax professionals face daily challenges with scattered data collection and time-consuming processes. Managing and updating numerous spreadsheets with thousands of rows by hand drains valuable time and increases the risk of errors or overlooked insights. On top of this, dealing with static data that quickly becomes outdated adds to this problem, grinding your tax management to a halt.

Are your tax processes mired in reactivity rather than proactivity? Excessive hours devoted to manually consolidating and cleansing data across entities, leaving few resources and little time for value-added activities. Blindsided by a high effective tax rate at filing time, groups have no chance to adjust their strategies and minimize their tax burden. This results in under-informed and reactive decisions based on lagging data instead of proactive planning.

A lack of integration with finance systems puts tax teams into a constant cycle of manual, tedious data entry — taking valuable time and often increasing the risk of errors. This hampers productivity as teams deal with duplicative efforts, diverting focus from higher-value tasks instead of using efficient tools to automate lower-value tasks like data entry.

Longview Tax provides dynamic, real-time data consolidation to eliminate delays and inconsistencies in tax reporting. Unlike traditional systems that rely on batch processing, Longview Tax continuously updates and recalculates data as new information becomes available. It automatically combines figures from multiple financial systems and entities, verifying accuracy and consistency across all of your tax reports. This results in faster provisioning, more accurate forecasts, improved decision-making, and reduced risk of misstatements.

Built to support the complexities of multinational operations and high-volume tax environments, Longview Tax scales to accommodate growing data sets, changing regulations, and your individual organizational intricacies. Its flexible architecture allows for quick adaptation and easy configuration for new tax jurisdictions, foreign exchange requirements, and entity structures without the need for heavy IT involvement. The platform’s centralized framework also enables consistent reporting across multiple regions and business units while maintaining compliance with local and international tax laws.

Longview Tax’s built-in reporting and analytics capabilities give tax teams clear visibility into their data and performance. The platform includes a powerful, industry-leading Excel Add-in with write-back functionality. This allows tax professionals to work from within a familiar interface while accessing real-time data and analysis. Customizable dashboards and automated variance analysis help flag trends, forecast liabilities, and identify anomalies. Longview Tax also supports complex multi-layer reporting, providing detailed insights into regional and global tax positions.