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

JUNE 23, 2023

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

AUGUST 18, 2023

Tasked with managing an organization’s financial status, strategy, and analyzing the business environment, professionals in the industry must maintain accuracy while struggling with outdated, manual processes, rapid digitization, and swiftly changing regulations. This leaves finance teams grappling with skills shortages.

Finance 52

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Insight Software

JUNE 24, 2023

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

NOVEMBER 7, 2023

If any one word could encapsulate 2023, it would be “uncertainty.” Now, as we head into 2024, CFOs continue to seek balance and efficiency through digital transformation. CFOs will need to pursue a two-prong strategy, sustaining healthy revenue and reducing costs, to achieve financial stability and enhance investor confidence.

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Insight Software

FEBRUARY 2, 2023

The State of Construction Industry in 2023 The construction industry has experienced healthy growth in recent years. 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.

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Insight Software

MAY 8, 2024

Top BI objectives were better decision making and efficiency/cost and revenue goals. Among other findings, the report identifies operations, executive management, and finance as the key drivers for business intelligence practices. The most popular BI initiatives were data security, data quality, and reporting.

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Insight Software

AUGUST 24, 2023

Accept and Address the Financial Impact of Cloud Adoption, 2023 Download Now Hybrid ERP – The Best of Both Worlds? This optimization leads to improved efficiency, reduced operational costs, and better resource utilization. Cost Optimization: The hybrid model allows finance teams to balance their expenses effectively.

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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. This is particularly important for visual reports, as tables/graphs and their accompanying descriptions may not always align the way you expect them to.

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Insight Software

JULY 28, 2023

Cost: Sticking to the “build” track means dealing with increasing costs over time. Buy: 10 Hidden Costs of Building Analytics With UI Components Download Now Build or Buy at a Glance A key decision on the path to your next analytics solution is whether to build or buy. Plot Requirements Review your requirements.

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Insight Software

DECEMBER 8, 2023

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.

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Insight Software

MAY 24, 2023

Our content roadmap with be influenced and prioritized in accordance with the needs of you, our customers. I understand that I can withdraw my consent at any time.

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Insight Software

JULY 13, 2023

To complicate matters, 2023 Finance Team Trends Report reveals one quarter (24%) of finance teams find manual and time-consuming processes to be a key challenge. This costs valuable time, making the month-end close process stretch from days to weeks. I understand that I can withdraw my consent at any time.

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Insight Software

MARCH 22, 2023

In 2023, like many others, tax professionals are being asked to do more with less. This frees up your time to focus on more value-added activities, elevating the tax function from a cost centre to a strategic business partner. Integrate with Excel to retain tax agility while improving your day-to-day capabilities.

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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

DECEMBER 7, 2022

Keith Payne, VP Sales at insightsoftware, explores how organizations can prepare for market turbulence in 2023 by boosting their agile practices and considering the strength of existing tools. As organizations rushed to enable a remote workforce, the pace of the digitization wave dramatically increased. Privacy Policy.

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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. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak.

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Insight Software

SEPTEMBER 26, 2023

What are the top CFO priorities for 2023 and beyond? The Q&A What is your company doing to strengthen its position in 2023 and beyond? John Lawrence: We’re looking really at the broader economy and across our portfolio of companies, assuming we will have a recessionary period in 2023 or thereafter.

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Insight Software

OCTOBER 24, 2023

Why Finance Teams are Struggling with Efficiency in 2023 Disconnected SAP Data Challenges Siloed data poses significant collaboration challenges to your SAP reporting team like reporting delays, limited visibility of data, and poor data quality.

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Insight Software

JULY 13, 2023

However, in 2023, CFOs are now preparing for a recession and tightening the purse strings, leading finance teams to find balance with the resources they have on hand. Have A Single Version of the Truth Gathering and formatting data from multiple sources costs precious time and resources that can be better spent on value-add activities.

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Insight Software

JUNE 21, 2021

Bodies from the Organization for Economic Co-operation and Development (OECD) to the International Monetary Fund (IMF) have pledged to modernize the global tax system, pointing out that the regimes currently in place are out of step with the digital era. The Digital Transformation of Tax Administration.

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