Insight Software

SEPTEMBER 15, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. On-prem ERPs are hosted and maintained by your IT department and typically can only be accessed via an in-office network connection or VPN remote connection.

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Insight Software

SEPTEMBER 19, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. Self-service BI – Empower Your Staff to Build Custom Analysis Angles for Oracle solution allows you to implement a true reporting environment in the least amount of time, and at the lowest cost.

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Insight Software

APRIL 25, 2024

While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. Internal Controls : Companies must establish and maintain internal control structures and procedures for financial reporting. Why do we need SOX compliance?

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Insight Software

MARCH 6, 2024

Nearly half of the respondents (47%) reported increased value, cost savings, and greater resiliency at their organizations as a result of operating in the cloud. When profitability goals demand greater efficiency, cloud computing can help you manage and deliver projects while cutting non-essential costs. But where do you start?

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Insight Software

SEPTEMBER 1, 2023

By forecasting demand, identifying potential performance bottlenecks, or predicting maintenance needs, the team can allocate resources more efficiently. This prevents over-provisioning and under-provisioning of resources, resulting in cost savings and improved application performance.

Predictive Analytics 52

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Insight Software

MARCH 25, 2024

However, in order to thrive, they must also operate sustainably and mange costs. Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. How to Choose the Most Impactful Hospital KPIs?

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Insight Software

MAY 8, 2024

insightsoftware’s Logi Symphony, a leading embedded analytics solution, continues to impress. This recognition highlights Logi Symphony’s commitment to exceptional customer experience and its strong reputation within the BI and analytics industry.

Business Intelligence 52

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Insight Software

JANUARY 24, 2024

With multiple contributors working on your annual report, it can be challenging to effectively track workflows and maintain version control. Prioritize quality control and internal review – Implement a robust internal review process before final report submission. Check and recheck your XBRL tags to ensure accurate tagging.

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Insight Software

OCTOBER 11, 2023

Embedded analytics is a game-changer for software teams developing web-based applications. With enhanced security, customization, scalability, and user empowerment, embedded analytics is a true path forward for analytics teams seeking to thrive in today’s data-driven business landscape.

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Insight Software

APRIL 25, 2024

By reconciling bank statements with cash records, businesses can ensure that account activity is accurately recorded, identify any reconciliation discrepancies or unauthorized transactions, and maintain adequate cash balances to meet operational needs.

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Insight Software

MAY 12, 2023

Now, sophisticated capabilities like adaptive security and write-back are taking analytics to new heights. With these advanced features, embedded analytics is transforming from a basic reporting tool to a powerful decision-making engine. It optimizes public cloud expenses by dynamically scaling resources to match demand.

Business Intelligence 52

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Insight Software

AUGUST 24, 2023

Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud. The Harvard Business Review study finds that 88% of organizations that already have a hybrid model in place see themselves maintaining the same strategy into the future.

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Insight Software

NOVEMBER 7, 2023

But with two data streams hybrid instances can be challenging to manage and maintain without the right tools. But with two data streams hybrid instances can be challenging to manage and maintain without the right tools.

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Insight Software

MARCH 23, 2024

5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue. A rising ratio points to a potential expense mismanagement and must be immediately addressed. It signifies the credit quality of the government entity.

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Insight Software

JANUARY 29, 2024

Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy. However, hybrid systems can be challenging to maintain without the right tools. And even fewer finance teams have implemented generative AI at just 1%.

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Insight Software

MARCH 24, 2024

For many businesses, there’s a belief that the process of implementing a new ERP system is the most challenging part of the process, but it’s really the process of choosing your new ERP. So, you’ve decided to move from an on-premises ERP system to Microsoft Dynamics 365 Business Central (D365 BC). That’s great news!

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Insight Software

FEBRUARY 5, 2024

Additionally, inefficient dashboards and analytics hinder visibility into resource consumption patterns, making it difficult to pinpoint energy-intensive processes and implement resource-efficient measures. Flawed calculations can underestimate or overestimate emissions, obscuring your true environmental impact.

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Insight Software

JUNE 20, 2023

Self-service business intelligence tools make it possible for personnel across functions to perform analytics-related tasks themselves, dramatically reducing time to insight. This article will explore  self-service analytics in detail , covering use cases, proven benefits, common objections, and strategies for implementation.

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Insight Software

FEBRUARY 29, 2024

This fragmentation results in the lack of a reliable, single source of truth for budget data, making it challenging to maintain data integrity and consistency. Not only does Power ON’s Budget Planner simplify the budgeting process, but it also creates efficiencies and decreases costs.

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Insight Software

NOVEMBER 7, 2023

CFOs will need to pursue a two-prong strategy, sustaining healthy revenue and reducing costs, to achieve financial stability and enhance investor confidence. Decreasing Operational Costs Reducing operational costs without reducing operational efficiency is key to driving profit in an uncertain market.

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Insight Software

JUNE 25, 2023

However, in order to thrive, they must also operate sustainably and mange costs. Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. How to Choose the Most Impactful Hospital KPIs?

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Insight Software

APRIL 3, 2024

Cost Efficiency : Traditional consolidation processes often involve significant upfront investments in hardware, software, and IT infrastructure. Moreover, cloud computing offers economies of scale, reducing overall IT expenses and allowing you to pay only for the resources you use.

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Insight Software

NOVEMBER 28, 2023

As businesses navigate the ever-changing landscape of tax regulations, they face the ongoing challenge of increasing productivity while minimizing costs. And using a single source of truth will allow you to streamline your tax activities and have more confidence in your data, all while reducing operational costs and risk.

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Insight Software

JUNE 30, 2023

Cost-Plus When no market price is available to serve as a basis for pricing, organizations can use the cost-plus transfer pricing method to set a price by calculating the standard cost of delivering the relevant goods, and adding on top of that price a standard profit margin.

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Insight Software

NOVEMBER 21, 2023

Data lakes make storing and harnessing large volumes of information easier and more efficient while reducing overall data storage costs. Data lakehouses leverage low-cost storage options underneath structured, more conventional databases. As a response to emerging technology, data lakes took off along with the rise of big data.

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Insight Software

MARCH 24, 2024

Investments are the costs of running a variety of programs or marketing campaigns. Overhead costs : This metric is used by non-profits to signal accountability to stakeholders and donors. Overhead expenses are considered the administrative and logistics costs that the non-profit incurs to keep the organization running.

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Insight Software

APRIL 8, 2024

The High Cost of Data Silos Fragmented data across these systems makes it challenging to gain a holistic view of your organization’s financial performance. This reliance on manual data movement also reduces overall efficiency and increases operational costs for your finance team.

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Insight Software

SEPTEMBER 1, 2023

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. To maintain project timelines and customer relationships, while managing a lack of technical skills, construction businesses need a way to generate quick and accurate reports.

Finance 52

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Insight Software

NOVEMBER 7, 2023

When extracting your financial and operational reporting data from a cloud ERP, your enterprise organization needs accurate, cost-efficient, user-friendly insights into that data. It trends more cost-effective compared to real-time solutions because it requires fewer resources. It is simpler and more predictable.

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Insight Software

FEBRUARY 23, 2024

An on-premise solution provides a high level of control and customization as it is hosted and managed within the organization’s physical infrastructure, but it can be expensive to set up and maintain. Data warehouses can be complex, time-consuming, and expensive.

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Insight Software

JUNE 27, 2023

Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Rather than invest significant time and money into upfront AI training, there is an option that will allow your FP&A team to realize the benefits of AI implementation out of the box: Bizview from insightsoftware.

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Insight Software

OCTOBER 26, 2023

If your finance team is using JD Edwards (JDE) and Oracle E-Business Suite (EBS), it’s like they rely on well-maintained and accurate master data to drive meaningful insights through reporting. Maintaining data quality within JDE and EBS can be challenging due to the volume of data and the constant changes that occur in ERP systems.

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Insight Software

MAY 9, 2024

Data Loading : The transformed data is loaded into the destination system, such as a data warehouse , data lake, or another database, where it can be used for analytics, reporting, or other purposes. They are commonly used in scenarios such as fraud detection, predictive maintenance, real-time analytics, and personalized recommendations.

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Insight Software

FEBRUARY 23, 2024

Implementing a PIM or PXM* solution will bring numerous benefits to your organization, in terms of improving efficiency, increasing sales and conversions, reducing returns, and promoting customer loyalty through more accurate, more complete, and more engaging product content. Reduce internal production costs for each marketing channel.

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Insight Software

JULY 24, 2023

Additionally, many decision-makers perceive cloud solutions as more expensive. Most companies say that the added costs of the cloud are offset by other savings, such as eliminating hardware and data center expenses. Resistance to change is common, and business technology leaders are not immune.

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Insight Software

JANUARY 24, 2024

Between soaring material costs and the impact of inflation, the construction industry has had to practice extra agility and resilience in recent years. In tight times, cost control takes center stage. Monitoring risks, tracking changing costs, and identifying new opportunities are lost in the maze of formulas and manual manipulations.

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Insight Software

FEBRUARY 20, 2024

As inflation and possible economic stagnation continue to be at the forefront of business leaders’ minds, implementing a digital transformation strategy is a growing way to combat those concerns. Potential disruptions become proactive opportunities for improvement, allowing you to react swiftly and maintain seamless operations.

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