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Longview Solutions, a leading provider of rporate performance management(CPM) and tax provisioning software, announced today that it has launched its first industry-specific solution for its tax provisioning software, Longview Tax.
Longview regnizes the tax challenges that are specific to the insurance industry, including mpliance with multiple statutory requirements, including GAAP and SAP (SSAP 10); the handling of unique mplex, global tax calculations such as non-admissible deferred tax; and all required disclosures in acrdance with FAS 109 and IAS 12, to name a few. “rporate tax departments in all industries share many of the same challenges and software needs,” says John Power, President of Longview Solutions. “However, the statutory and regulatory requirements of the insurance industry are unique, and we are excited to be able to offer world-class technology that makes tax departments more efficient and equipped to tackle these challenges. Longview Tax is a proven mprehensive solution for insurance mpanies to seamlessly manage global tax acunting processes and improve transparency, efficiency, analysis and auditability.”
The nstantly changing legislative environment of tax rules, rates, and jurisdictions is driving the need for more mpanies to integrate the tax department with the mainstream finance function. Many of the world’s largest insurance mpanies are already using Longview Tax to achieve this integration and improve their tax provision process.
As part of this launch, Longview is offering tax executives from mpanies in the insurance industry the opportunity to speak with a Longview subject matter expert to discuss how Longview Tax can help their mpany overme tax reporting challenges. To be eligible for this mplimentary call, interested parties will need to mplete a brief online form, and a Longview representative will ntact them.
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