This morning, insightsoftware announced it has acquired Longview Solutions, a global financial planning and tax software provider that serves enterprises in more than 100 countries. The acquisition bolsters insightsoftware’s global presence and customer base by building on its strategy to deliver market-leading solutions that automate and simplify the complex financial and operational reporting requirements of the Office of the CFO.
insightsoftware is a global provider in Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) reporting solutions. Over 25,000 organizations worldwide rely on insightsoftware’s portfolio of best-in-class reporting, analytics, budgeting, forecasting, consolidation, and tax solutions to provide them with increased productivity, visibility, accuracy, and compliance.
As data volumes and complexity grow exponentially, insightsoftware’s customers will benefit, in particular, from the ability to connect to and make sense of tax, close, and consolidation data to drive greater financial intelligence across their organizations.
Based in Toronto, with additional offices worldwide, Longview’s solutions enable CFOs and corporate finance and tax teams to be strategic leaders through software that elevates planning, consolidation, tax reporting, and analytics from the underlying data collection process. Serving a diverse range of industries from financial services, technology, consumer packaged goods, and energy to higher education, construction, and industrials, Longview works with blue chip companies worldwide, including Deloitte, Samsung, Shell, BMW, Vodafone, Hasbro, and more.
Mark Hatton, CEO of Longview said, “Combining with insightsoftware accelerates and expands that advantage as our customers now have access to its full portfolio of intelligent, automated reporting, analytics, and budgeting solutions—with unprecedented real-time data insights and granular drill-down views—that connect to more than 140 ERPs and EPMs and fit any business size or industry.”
According to the announcement, the acquisition of Longview also marks insightsoftware’s entrance into the corporate tax market, which is a high-growth area as multinational companies look to automate the collection, analysis, and reporting of tax implications across various countries to improve profitability and strategic decision-making.
“While digital transformation is revolutionizing other areas of global enterprises, the Office of the CFO continues to struggle with a disjointed and inefficient process for reporting on key operational, financial, and tax data,” said Mike Lipps, CEO of insightsoftware. “Longview’s focus on creating ‘Connected Finance’ aligns with our vision of empowering finance teams with intelligent solutions that automate, accelerate, and visualize the end-to-end financial management process to drive more informed, strategic decisions in real time.”
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