Insight Software

MAY 1, 2023

Embedded analytics are a set of capabilities that are tightly integrated into existing applications (like your CRM, ERP, financial systems, and/or information portals) that bring additional awareness, context, or analytic capability to support business decision-making. The Business Services group leads in the usage of analytics at 19.5

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Insight Software

JUNE 24, 2021

Tracking this metric will help the non-profit better grasp the affinities of its supporters. Some non-profit organizations prompt their audience to pledge their support to a certain cause before collecting donations. This metric measures the follow-through of the supporters of this type of campaign. Download Now.

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Insight Software

NOVEMBER 15, 2021

Excluding income tax, the other direct and indirect taxes such as property tax, sales tax, use tax, goods and services tax (GST), and finally, value-added tax (VAT), can be a large portion of the tax cost. If the technological enhancements entail the procurement of better data, then it can help support the organization’s tax positions.

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Insight Software

JUNE 13, 2022

Cloud enterprise resource planning (ERP) software is ideal for a variety of applications, including managing multiple departments and CRM integration. According to Gartner’s 2021 Core Financial Magic Quadrant , over 50% of the ERP market is expected to be cloud-based by 2024. When making the move, pre-planning is vital.

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Insight Software

SEPTEMBER 30, 2021

Like many other service providers, hospitals depend on their customers (patients) to run their business. A successful hospital runs efficiently, provides life saving services and plays a valuable role in driving public health measures. However, in order to thrive, they must also operate sustainably and mange costs.

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Insight Software

JANUARY 24, 2022

This can happen either unilaterally by individual countries via digital services tax (DST), or multilaterally via the proposals being developed by the Organisation for Economic Co-operation and Development (OECD). Read how to elevate tax to a strategic function. Preparing For an Uncertain Future in Tax. Access Resource.

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Insight Software

AUGUST 17, 2021

Earlier this year the Securities and Exchange commission began accepting the 2021 US GAAP Taxonomy (UGT) and many filers are getting ready for the switch now that their annual and first quarter filings have been successfully completed. The FASB 2021 UGT website provides a number of tools that will assist you with the taxonomy transition.

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Insight Software

JULY 2, 2021

FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. Creating agile scenario plans and rolling forecasts is simply not feasible in spreadsheets.

Planning 59

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Insight Software

JUNE 30, 2021

This article will outline the key financial, operation, and staffing performance indicators that a CEO should be tracking in 2021, as well as the benefits of tracking these using a dashboard to streamline the reporting process. Financial KPIs for the CEO’s Dashboard. With insightsoftware, you don’t have to worry about this. Or hardly working?

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Insight Software

MAY 10, 2021

Financial reporting, operational reporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. Improving tax planning processes. They are allocating budget to the task, however.

Finance 98

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Insight Software

JUNE 2, 2021

According to approximately 500 finance professionals surveyed recently for insightsoftware’s 2021 Finance Team Trends report , the number one challenge facing FP&A professionals today is a lack of time to spend on value-added analysis. 2021 Finance Team Trends Report. The Role of the CFO: From Stewardship to Strategy.

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Insight Software

AUGUST 9, 2023

The annual member survey from the UK and Ireland SAP user group (UKISUG) found that of those organizations yet to move to SAP S/4HANA, 92% were concerned a lack of available skills will slow their migration (an increase from 71% in 2021). Closing the Skills Gap Requires a Multipronged Approach 1.

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Insight Software

FEBRUARY 14, 2022

Tax planning and reporting have risen to the top of the corporate agenda. In October 2021, 136 countries agreed to enforce a corporate tax rate of at least 15%, as well as a fairer system of taxing profits where they are earned. These hiring plans are most prevalent for tax (75%) and audit, risk and compliance professionals (73%).”.

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Insight Software

DECEMBER 13, 2021

But April 2021 brought a noticeable change in the SPAC tempo, with both the volume of SPAC deals and the value of SPAC stock dropping significantly. A newly public company’s needs around auditability, compliance, reporting, and participant servicing are entirely different from when they were private. billion by the end of Q1.

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Insight Software

JULY 20, 2021

The results of the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 clearly shows how implementing rolling forecasts helps organizations to improve both forecast speed and accuracy. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting.

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Insight Software

JULY 16, 2021

The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. The results are extremely revealing.

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Insight Software

FEBRUARY 2, 2023

In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. Quality service encourages repeat business and improved reputation, but where do you start with quality-related KPI tracking?

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Insight Software

MAY 21, 2021

In the recently released insightsoftware 2021 Finance Team Trends report , survey respondents from North America and EMEA revealed some of the top challenges facing finance teams: Lack of time to spend on analysis. 2021 Finance Team Trends Report. Adoption of new technologies. Data limitations or inaccuracies.

Finance 52

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Insight Software

APRIL 5, 2021

Enterprises actively use financial modeling to guide their financial planning and strategic decision-making. It can help inform investment decisions, securities pricing, and plans for corporate transactions such as mergers, acquisitions, and divestitures. . It’s in charge of the company’s financial planning.

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Insight Software

OCTOBER 7, 2021

By using these metrics with our interactive accounting KPI dashboard, you will easily be able to identify areas for improvement and optimize your 2021 reporting. High invoice cycle time can make it difficult to make payments in time which will result in late payment penalties and strain on vendor relationships. Learn More.

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Insight Software

AUGUST 25, 2022

SAP is a great enterprise resource planning tool (ERP) that makes the many aspects of running your business easier. The thing is, while having all your data in one system may be convenient, accessing and interpreting that data for budgeting and planning purposes can still be a challenge. Shorter Planning Cycles.

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Insight Software

JULY 31, 2022

Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting. In this year’s survey, 41 percent of finance team leaders considered strategic decision making to be a priority, compared to 29 percent in 2021. Agility Is Key to the Finance Function. Download Now.

Finance 52

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Insight Software

NOVEMBER 2, 2021

There are a wide range of financial KPIs for schools that can be utilized to provide a coherent financial overview as well as valuable information for future resource planning. We hope this article assisted you in finding the best university KPIs and metric examples for 2021 reporting. Finance-Related KPI Examples for Universities.

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Insight Software

DECEMBER 7, 2022

Moving away from the traditional number crunching towards deeper analysis and planning support. Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting. Enable Self-Service. Spoiler alert: they don’t.

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Insight Software

JULY 23, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, the effective use of scenario planning enables organizations to respond quickly and confidently during times of extreme change. Check out this infographic to discover all the characteristics of those using scenario planning.

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Insight Software

AUGUST 27, 2021

For the reasons described earlier, Microsoft closed off customers’ ability to directly access the underlying ERP data using SQL database queries, opting instead to publish a dedicated set of web services APIs (application programming interfaces) that would allow programmatic access to the data. In June 2021, Microsoft released version 2.0

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Insight Software

JANUARY 31, 2022

With cloud migration that means making upgrades, licensing, procurement and maintenance simpler with software-as-a-service (SaaS) models. As a result, sub-trends such as real-time reporting, robotics and AI, more regular forecasting, and self-service reporting via dashboards, have all gathered pace.

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Insight Software

JUNE 9, 2022

Access views from both on-prem and cloud ERPs via a fully managed turn-key service with zero maintenance overhead. New Cloud Accessible Web Portal for Streamlined User Self-Service. introduces a web-based, user-centric, self-service hub experience that builds on Angles for Oracle’s market leading operational reporting capabilities.

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Insight Software

JUNE 10, 2022

In July of 2021, more than 130 countries approved a framework intended to reform international tax rules under the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). There are plenty of arguments both for and against the plan.

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Insight Software

AUGUST 3, 2022

In late 2021, the International Accounting Standards Board (IASB) announced the creation of a new ESG reporting standard. According to a 2021 report issued by the Governance and Accountability Institute , 92% of S&P 500 companies already provide sustainability reporting of one kind or another. Download Now. Get a Demo.

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Insight Software

SEPTEMBER 1, 2023

In ​2021, just over 32,000 sat for the CPA exam, compared to ​nearly 50,000 ​CPA ​candidates​ in 2010 ​​. When it comes to hiring skilled finance teams, leaders are struggling to find new talent to replace recent retirees. In 2020, bachelor’s degrees in accounting fell by 2.8% , and master’s degrees fell by 8.4%. Request a demo today.

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Insight Software

JULY 21, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, organizations using zero-based budgeting are twice as likely to forecast accurately than those who don’t. They are also twice as likely to have invested in PBF technology to support his process.

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Insight Software

JUNE 21, 2021

The government ran an open consultation with tax payers from 12 November 2020 to 5 March 2021, and says that the 10-year MTD initiative will help businesses as well as reduce the ”tax gap.” It writes : “The government wants to go further by extending modern services to more taxpayers and agents.

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