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How AI Can Help FP&A Teams Achieve Greater Accuracy with Fewer Resources

Insight Software

Since the launch of ChatGPT in late 2022, the professional world has been abuzz with reactions to this game-changing technology. Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Use embedded analytics to monitor performance and detect trends without relying on IT.

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Why Everyone’s Talking About Composable Analytics

Insight Software

Composable analytics enables easy access and shareability across data environments. At the end of the day, businesses can enjoy cutting back on capital expenses. Why Composable Analytics Matter. Want a head start on analytics? Read our Hitchhiker’s Guide to Embedded Analytics.

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Data Discovery: From Finance to Healthcare

Insight Software

Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Let’s take a look at how industries like yours are making use of data analytics tools to find patterns and derive insights from data. How do you control costs and also keep up with compliance? What to expect.

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Top 5 Finance Challenges of 2023

Insight Software

By streamlining complicated manual processes and making it easier for your staff to manage workloads, you’ll be able to keep costs down in the long run. In fact, there has been a decrease in the priority of task automation from 40% in 2022 to 25% in 2023. This leaves finance teams grappling with skills shortages.

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2024 Predications for SAP Finance Teams

Insight Software

Interestingly, our report found that organizations in 2023 are far less likely than in 2022 to be completely satisfied with the relationship between Finance and IT, decreasing from 54% to 28%. The complexity inherent in SAP reporting tools amplifies user frustrations, creating dependencies on scarce IT resources.

Finance 52
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Do the Benefits of Cloud Outweigh the Costs?

Insight Software

In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload.

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Overcome Finance Skills Shortages in the Construction Industry

Insight Software

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. According to insightsoftware and Hanover Research’s 2023 Finance Team Trends Report , the rate at which organizations expect to grow is down to 64%, compared to 73% in 2022.

Finance 52