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Gain Real-Time Tax Insights for Agile Decision-Making

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insightsoftware is a global provider of reporting, analytics, and performance management solutions, empowering organizations to unlock business data and transform the way finance and data teams operate.

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Is your tax team stuck in a time-consuming loop of routine tasks, leaving little room for strategic initiatives? Manual processes and the absence of a dedicated solution create inefficiencies, hindering comprehensive analysis of tax data across reporting cycles. According to a recent Ventana Research report, a whopping 59% of organizations with 1,000 or more employees are still clinging to spreadsheets for tax management, making them vulnerable to major calculation risks such as noncompliance.

With Pillar 2 complexities shaking up tax calculations for the first time this year – demanding you wrangle bigger data volumes and more intricate calculations – enabling tax agility is the cornerstone for success and a strategic edge over your competition. Today’s ever-changing tax landscape requires a proactive approach. Agile tax forecasting empowers you to move beyond reactive planning. By considering multiple scenarios, you gain the foresight to navigate regulatory shifts, market fluctuations, and the unexpected. This agility allows you to adapt, anticipate, and conquer the future with precision.

In today’s data-driven world, tax forecasting agility isn’t a luxury, it’s the cornerstone of your financial future. By embracing an agile forecasting process, you gain the control and peace of mind to consistently deliver strong results.

Unlocking Time for Strategic Excellence

Disjointed data leads to disjointed results. Stuck in siloed spreadsheets, your tax data becomes a labyrinth of outdated information. Hours are wasted reviewing past work, chasing errors, and wrestling with static figures that lose relevance quickly.

By streamlining and automating routine tax processes, Longview Tax by insightsoftware allows your team to redirect its efforts towards activities that truly matter. No longer confined by the burdens of manual tasks, you’ll be able to invest time in comparing tax data across reporting cycles, contemplating various scenarios, and gleaning insights for future strategic tax planning and forecasting.

Considering the Implications of Different Scenarios

The tax landscape is a minefield of “what-ifs.” If your current forecasting process struggles to juggle these complexities, you are opening the door for increased risk of error and unreliable results. Disparate systems create additional hurdles, hindering access to real-time data that is critical for accurate scenario planning.

Having a system that captures the full potential of the future is critical. Longview Tax facilitates agile scenario planning, allowing you to effortlessly assess the implications of various tax scenarios. Whether it’s changes in regulations, shifts in organizational structure, or global economic fluctuations, Longview empowers you to model different scenarios, providing clear inputs for strategic decision-making.

Elevate Your Tax Function Into a Strategic Asset With Longview Tax

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Unleash the Potential of Your Future Tax Planning With Ease

In today’s dynamic tax environment, agility is paramount. Traditional forecasting methods struggle to keep pace, leaving your organization vulnerable to missed opportunities and unforeseen challenges. Longview Tax empowers your tax professionals to achieve the agility they need with a robust set of features designed to streamline processes and maximize efficiency. Here’s how Longview Tax unlocks your team’s potential:

  • Scenario Modeling Made Easy: Longview Tax goes beyond basic forecasting. With its intuitive interface, your team can quickly build and analyze various tax scenarios – the impact of regulatory changes, market fluctuations, or potential acquisitions – all within a single platform. This allows for proactive planning and informed decision-making.
  • Real-Time Data Integration: Say goodbye to manual data entry and siloed systems. Longview Tax seamlessly integrates with your existing financial systems, ensuring your forecasts are always based on the most up-to-date information. This eliminates errors and streamlines the forecasting process.
  • Automated Workflows and Collaboration Tools: Longview Tax automates repetitive tasks like data consolidation and report generation, freeing up your tax professionals to focus on higher-value activities like strategic analysis and planning. Built-in collaboration features facilitate communication and ensure everyone is on the same page.
  • Minimal IT Involvement and In-House Expertise: Longview Tax is designed with ease-of-use in mind. The intuitive interface and pre-configured templates allow your tax team to set up and manage the platform with minimal IT support. This empowers your team and reduces dependence on external consultants.
  • Actionable Insights at Your Fingertips: Longview Tax transforms complex tax data into clear, actionable insights. Interactive dashboards and customizable reports provide a real-time view of your tax position, enabling your team to identify trends, anticipate challenges, and make data-driven recommendations.

Longview Tax acts as a beacon, leading tax teams towards a future where manual processes are replaced by automation, and valuable time is reclaimed for strategic endeavors. Explore how Longview transforms tax forecasting into a dynamic, agile process, enabling you to make smarter decisions.

Learn how to start forecasting smarter with Longview Tax, ask for a free demo.

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Elevate Your Tax Function Into a Strategic Asset With Longview Tax

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