Pervasive Software® Inc., a global leader in cloud-based and on-premises data innovation, and Longview Solutions Inc., a leading provider of corporate performance management and tax reporting software, today announced that Longview will embed Pervasive Data Integrator™ into its Longview Integration Suite (LVIS) giving customers a complete end-to-end integration solution that are strategically focused on creating “one version of financial truth” to drive better corporate performance management and tax reporting. In light of increasing regulation, growing data volumes, and open technology platforms, having reliable, flexible and scalable connectivity to a wide variety of data sources is essential for any enterprise that wants to better manage their financial and operational performance.
Longview offers a unified performance management and tax reporting platform that is underpinned by a “single source” of financial truth that drives key business processes including planning, budgeting, forecasting, consolidation, XBRL disclosure management, tax reporting, tax data warehouse and uncertain tax positions. LVIS, which will now include the Pervasive Data Integrator as a core component, is a middleware solution that allows customers to seamlessly connect Longview with hundreds of source systems including financial, ERP and compliance applications so that data and metadata can be extracted, transformed and updated more rapidly. LVIS is ERP agnostic, can work in conjunction with other integration platforms and also provides customers with the ability to create custom data integration jobs in real time, batched processing, or scheduled data feeds.
“LVIS will provide our customers with a deeper insight into their financial data, with end-to-end automation, real-time updates and exception alerts, more quickly than could be done with custom code or other integration tools,” said John Power, President, Longview Solutions. “Our customers will now have a more automated, auditable path between source systems and their data will be safe-guarded from duplication, redundant data entry and associated data entry errors.”
“The number of “source systems” feeding enterprise-wide corporate performance management applications in some organizations has grown drastically over the past five years. For these clients, an ERP agnostic, flexible and open data integration platform is a ‘must’ in order to give them an accurate, real-time view of their enterprise-wide data. Only by doing so can these organizations truly create one version of financial truth and drive better financial performance management,” said Neil Chandler for Gartner Research.
“Pervasive Data Integrator is designed to perform the heavy lifting integration and connectivity work so users do not have to become integration experts, and this is a perfect example of that,” said Mike Hoskins, Pervasive CTO and general manager of Integration Products. “We are eager to see how our integration expertise and the power of Pervasive Data Integrator can improve the implementation experience for Longview’s customers and increase the value of their data.”
About Pervasive Software
Pervasive is a global data innovation leader, delivering software to manage, integrate and analyze data, in the cloud or on-premises, throughout the entire data lifecycle. Pervasive products deliver value to tens of thousands of customers worldwide, often embedded within partners’ software, with breakthrough performance, flexibility, reliability and return on investment.
About Longview Solutions
Longview Solutions provides corporate performance management (CPM) and tax reporting software that leading companies such as Trustmark, Time Warner, Home Depot, Eaton, Welch’s, and Integrys use to drive performance with speed, visibility and financial integrity. Since 1994, many of the world's most respected companies have been using Longview to create a single repository of financial truth from which all, or any one of the following key financial processes can be performed: Financial Planning, Budgeting, Forecasting, Modeling, Disclosure Management/XBRL Reporting, Statutory Consolidation, Management Reporting, Tax Provisioning, Uncertain Tax Positions and Tax Data Warehouse. Longview is an Exact company headquartered in Toronto, Canada with additional offices in Philadelphia, Chicago (USA) and London (UK).
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