Trintech and Longview partner in ‘Last Mile’ of finance race

3rd November 2010

Trintech and Longview Solutions have partnered to launch Longview FXR, a new product helping businesses to fulfill the burgeoning reporting requirements mandated by the SEC, HMRC and other regulatory agencies. Powered by Trintech technology, Longview FXR integrates with Longview’s CPM suite to offer what the companies say is a holistic compliance and financial reporting solution, including the ability to tag and file Statutory Filings and other financial disclosures with eXtensible Business Reporting Language (XBRL).

“We are delighted that Longview Solutions has chosen to power Longview FXR with Trintech technology,” said John Harte, Trintech’s General Manager. “Integration with Longview Consolidation allows existing Longview customers to now automate critical “last mile” financial close and reporting processes in a single system. The resulting efficiencies in document management, XBRL tagging, and compliance reporting will help businesses produce more compliant and accurate financial statements in a shorter amount of time.”

Longview FXR enables customers to streamline efforts with an embedded financial close and reporting tool to automate key data aggregation, validation, workflow, review and approval processes during the critical “last mile of Finance”. Built-in validation features reduce the errors associated with manual financial reporting efforts, and a dashboard-driven management interface allows businesses to more efficiently manage dependent tasks.

“Management of the XBRL Reporting and Financial Close processes has become a critical-path task for large corporations,” said John Power, President, Longview Solutions. “Longview’s partnership with Trintech offers our customers the combined knowledge, expertise and product capabilities of two market leaders mutually committed to the Office of Finance.”

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