global finance

I've often wondered how large corporations with different branches across the globe are able to manage their corporate finances. After all, different countries (and different leaderships) have different approaches to accounting and finance and one can't help but wonder if sometimes thing get lost in translation. In some cases, a certain branch of a corporation in one country may be failing miserably with its corporate performance metrics while its American brethren might be on top of its industry. In other cases, it may be the other way around.

One way that large companies can do better with their finance structure is to employ third party management solutions. For example, business performance management solutions from the company Longview have enabled large corporations like Cisco to enhance and define their corporate financial performance, making them more confident with their forecasting and global finances. Different regional offices across the globe can work more cooperatively, without the traditional alienation or confusion of one-size-fits-all no-questions-asked corporate guidelines being implemented by a controlling but sometimes unenlightened distant "headquarters" office. By focusing on consistency and visibility, nobody gets left out in the dark, and corporations are able to react quicker and forecast more accurately.

Longview offers comprehensive and robust software solutions for steering the corporate performance management of large corporations in a global context, so that when Widget Corp USA is doing well with their financial management and forecasting, Euro Widget Corp is right there with them, in the same boat so to speak.