Flexible, Configurable System Accommodates Multiple Data Sources and Currencies

Brunswick Main Image.jpg

The Client

In the 165 years since the company was founded by John Brunswick, a Swiss immigrant woodworker who began operations building billiard tables in Cincinnati, Brunswick Corporation has become a world leader in the marine, fitness, bowling, and billiards industries. Its four main business units—Mercury Marine Group, Brunswick Boat Group, Life Fitness Division, and Brunswick Bowling & Billiards—boast widely recognizable brands such as Sea Ray, Bayliner, Mercury, Quicksilver, Hatteras, Princecraft, Boston Whaler, Life Fitness, Hammer Strength, and, of course, Brunswick.

Business Issues

  • Complex structure and systems including 50+ data source systems, 250 reporting units, and 25 local currencies
  • Multiple and separate reporting applications that required manual data consolidation
  • No unified reporting process across multiple divisions producing inconsistent numbers
  • More time spent reconciling numbers than managing business
  • Information disseminated via multiple emails

Solution/Benefits

  • Implemented Longview Consolidation and Tax solutions to streamline and improve global financial close process
  • Design, development, and deployment advisory services
  • Flexible, configurable system accommodates multiple data sources and currencies
  • Easy drill-down access to source-level data supports greater detailed reporting
  • Early error detection increases data accuracy and reduces consolidation cycle time
  • Greater management confidence in the numbers due to better data quality and consistency
  • Automated workflow improves monthly close cycle efficiency
  • Single system, single database reduces IT complexity.

"The Longview team and application simply outshone the other vendors, and every time a question came up during the demonstration that the selection committee had considered a problem previously, Longview already had a solution. We realized very quickly that Longview Consolidation was the one that would work best for us.”

Cathy Olstad
Senior Manager, Financial Systems

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