Remove Agile Remove Banking Remove Data Warehouse Remove Vision
article thumbnail

Navigating Banking and Insurance With Longview Tax

Insight Software

A recent survey by Ernst & Young found that 87% of banking and capital markets respondents said they are changing their tax and finance operating models. The same report finds that 37% of businesses think a lack of a sustainable plan for data and technology is the biggest barrier to achieving their tax and finance function’s vision.

Banking 52
article thumbnail

What is Account Reconciliation?

Insight Software

Stakeholders, including management, investors, creditors, and regulators, rely on reliable financial data to assess the financial health and performance of the organization, evaluate investment opportunities, and make strategic business decisions. Bank reconciliation involves reconciling cash accounts using bank statement reconciliations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

insightsoftware Ranks in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions

Insight Software

It evaluates vendors based on their completeness of vision and ability to execute. Additionally, we offer direct integration with the European Central Bank and the Swiss National Bank to enable integration of currency rates, crucial for our multi-national customers. Market Responsiveness.

article thumbnail

How Technology Helps CFOs Make Lightning-Fast Finance Decisions

Insight Software

We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. Donahue also highlighted the importance of being able to extract large amounts of data from multiple systems in a seamless and accurate process.

Finance 52
article thumbnail

Make Faster, More Accurate Forecasts with Automation

Insight Software

Runaway inflation, rising interest rates, and recent bank failures have finance leaders on edge and looking for ways to shore up their defenses as recession becomes more likely. Increased organizational agility and flexibility. The last couple of years have been volatile for the finance industry.

article thumbnail

2023’s Top Trends for Finance Teams in Europe, the Middle East, and Africa

Insight Software

Similarly, in a survey conducted by PwC , 75% of CFOs in the EMEA region stated that they were concerned about the lack of specialized skills in their finance teams, particularly in areas like data analytics and financial modeling. This is particularly worrying given the increasing layers of global finance regulation.

Finance 52
article thumbnail

The 4 Common Challenges of Predictive Analytics Solutions

Insight Software

Predictive analytics answers this question: “What is most likely to happen based on my current data, and what can I do to change that outcome?” It aids banks in approving credit or detecting suspicious activity, e-mail providers in filtering spam, and retailers in predicting customers’ likelihood to churn out or purchase products.