Insight Software
DECEMBER 30, 2021
Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.
Insight Software
NOVEMBER 7, 2023
If you are attracted to the advantages of Oracle ERP Cloud, but don’t have the resources to support a hard switch, then choosing a hybrid approach may hold many advantages. By unifying data access and enabling real-time synchronization, an automated reporting tool eliminates data silos and ensures consistency for accurate financial analysis.
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Insight Software
APRIL 5, 2021
Enterprises actively use financial modeling to guide their financial planning and strategic decision-making. Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. Financial modeling can be quite handy in a number of situations.
Insight Software
FEBRUARY 15, 2024
According to Gartner, only 1% of finance functions have adopted or plan on investing in generative AI. Read our whitepaper on how self-service reporting eases the pain of skills shortages. Generative AI Since ChatGPT was released in November of 2022, generative AI has exploded onto the global market. Ready to learn more?
Insight Software
JULY 15, 2021
There’s another adage, often repeated by military leaders, that says “no plan of battle ever survives first contact with the enemy.”. questions, and building contingency plans to make their businesses more agile and responsive. Microsoft Excel is, of course, a very popular tool for that kind of analysis.
Insight Software
MAY 6, 2024
By tackling these integration and transformation challenges, you’ll be feeding clean, standardized data into the AI engine, ensuring accurate and insightful financial analysis for informed decision-making.
Insight Software
SEPTEMBER 22, 2021
Projection In a Nutshell : Projections outline financial outcomes based on what might possibly happen, whereas forecasts describe financial outcomes based on what you expect actually will happen, given current conditions, plans, and intentions. In this case, your analysis would be deemed a “forecast.”.
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