Longview FXR provides a single, unified environment that automates the end-to-end financial and external reporting process by centralizing data and document management while enabling simultaneous collaboration of multiple stakeholders in the collection, validation and review of financial data, disclosures and reports.

The Features:

• Post-consolidation data preparation – rounding, scaling, adjustments
• Roll-forward report templates
• Comprehensive Index of critical period-end documents
• Distributed Document Management
• End-to-end Process Management
• Embedded XBRL Tagging
• Automated management of Footnote Disclosures
• Comprehensive Audit Trail
• Cross-Check and SEC XBRL Compliance
• One-Button Financial Statement Publisher in XBRL, MS Word, and Edgar-ready documents

The Benefits:

Longview FXR software provides significant benefits spanning the entire reporting process due to a single repository of accurate information, a centralized, collaborative reporting solution and embedded XBRL reporting. The benefits specifically include:

• Significantly reduce financial close cycle times by streamlining and automating the post-consolidation reporting process.
• Reduce financial risk and corporate liability by reducing the risk of late filing as well as risk of filing errors that lead to restatements
• Provide visibility and control through proactive notification of issues across the financial reporting process, a comprehensive disclosure index and a comprehensive audit trail throughout the process
• Regain control of data throughout the process through in-house XBRL reporting managed by finance personnel with minimal IT support
• Leverage existing efforts by re-using existing XBRL taxonomies and rolling-forward templates from the prior period
• Automate and standardize complex financial reporting tasks with embedded XBRL tags (one-time tagging) and integration with financial close tasks

Please contact us for more information.