Insight Software

JANUARY 30, 2024

This is where the humble Employee Stock Purchase Plan (ESPP) emerges as a game-changer. Knowing what you want to achieve with your plan will enable you to craft the best plan design. Strong employee participation is more likely when the plan’s design aligns with your corporate vision.

IBM Support 52

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Insight Software

MARCH 24, 2024

They can easily share financial data and reports, discuss tax implications of financial decisions, and ensure alignment on tax planning strategies. Tax teams can use this information to assess the tax implications of various business decisions and provide insights to support strategic planning. Forecasting and Planning.

Finance 52

Finance IBM Maintenance IBM Support Supply Chain 52

Insight Software

FEBRUARY 2, 2022

Forward-looking financial documents may include budgets, projections, forecasts, and pro forma financials. A budget is a financial plan for a specific period of time, typically covering one complete fiscal year. The process often involves adjustments to planned sales revenue based on past trends and future plans.

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Insight Software

MARCH 4, 2024

The Hidden Price Tag of Inefficient SAP Data Processing While the upfront cost of SAP is well-documented, the true cost of inefficient data processing within the system often lurks in the shadows. Like an iceberg below the surface, these realities crash into expectations, leading to frustration and missed opportunities.

IBM cost 52

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Insight Software

MARCH 4, 2024

Track data changes, approvals, and exceptions – all in one centralized location. This transparency simplifies SOX compliance by providing detailed audit trails and readily accessible documentation for regulators.

IBM Maintenance 52

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Insight Software

JULY 28, 2023

Buying: With outsourced analytics solutions, there’s no need to worry about product maintenance, training, or documentation, since vendors extensively document their platforms. This includes three steps, (1) assessing the technology, (2) understanding the expertise of the vendor, and (3) putting together an A-to-Z plan for success.

Embedded Analytics 52

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Insight Software

OCTOBER 4, 2023

Finance teams are under pressure to slash costs while playing a key role in data strategy, yet they are still bogged down by manual tasks, overreliance on IT, and low visibility on company data. This expansion of responsibilities is exacerbating the well-documented trend of finance team burnout, leading to undesirable turnover.

IBM Support 52

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Insight Software

AUGUST 31, 2022

Prior to 2015, a number of MNEs pursued tax planning strategies that effectively transferred profits from higher-tax jurisdictions to lower-tax countries, thereby eroding the tax-bases of the higher-tax jurisdictions. Make sure that your transfer pricing policies are solid and that they’re supported by the right documentation.

IBM Support 52

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Insight Software

JANUARY 19, 2024

One of the most challenging aspects of being an equity administrator is managing the vast range of documents related to stock option plans. These documents are not only essential for compliance and accuracy but also for communication and transparency with option holders.

Documentation 52

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Insight Software

FEBRUARY 23, 2024

Data mapping is a crucial step in data modeling and can help organizations achieve their business goals by enabling data integration, migration, transformation, and quality. It is a complex and challenging task that requires careful planning, analysis, and execution.

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Insight Software

AUGUST 9, 2023

Increased Efficiency and Time Savings By automating repetitive tasks and reducing manual interventions, you can allocate your time to more value-added activities, such as data analysis and strategic decision-making. Using a disclosure management tool with a close and consolidation tool can enhance your financial reporting processes.

IBM Maintenance 52

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Insight Software

DECEMBER 13, 2021

Certent Equity Management (EM) can help you overcome these obstacles by offering everything you need to manage, administer, account for, and report on equity compensation plans so you can streamline your equity management , tighten compliance, minimize risk, and improve your productivity. Getting Your Stock Plans IPO Ready.

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Insight Software

FEBRUARY 8, 2023

If you change brokers, you won’t have to reinvent the wheel, taking on complex data exports or learning new software. Instead, you’ll have equity professionals who are always on hand to answer your questions as they partner with you to deliver your equity plan.

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Insight Software

NOVEMBER 2, 2021

Since there is always a cost associated with keeping items in inventory (cost of carrying inventory), it’s important for supply chain management to have a plan of action in place if and when unpredictable changes happen. Wrong orders refer to products that did not arrive on-time, in-full, damage-free, or with accurate documentation.

Supply Chain 52

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Insight Software

FEBRUARY 14, 2022

Tax planning and reporting have risen to the top of the corporate agenda. The guide observed that: “Encouragingly, over half (54%) of employers plan to hire new [finance and accountancy] staff in the year ahead – actually higher than last year (50%). Tax Scenario Planning: Companies Need the Ability to be Agile and Insightful.

Finance 52

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Insight Software

NOVEMBER 15, 2021

The use of specialized software can help your organization with the collection of data pertaining to KPIs and its reporting. insightsoftware’s business intelligence software has been designed to help corporations improve their tax function with these key features: Automated Data Collection.

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Insight Software

JUNE 13, 2022

Other common XBRL errors occur when required values are missing, or when concepts in an XBRL document are tagged with incorrect dates in relation to the end date of the reporting period. When this element is used in a financial report without being negated, it results in a negative value error.

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Insight Software

JANUARY 20, 2022

Enterprise resource planning (ERP) software automates many of these processes, making month-end closing procedures faster and easier than they were in years past. You might stipulate that anything submitted without adequate documentation or sent in after the deadline may result in delayed reimbursement.

IBM cost 52

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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.

Planning 98

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Insight Software

MARCH 2, 2022

As such, they will have to include this information on their websites as well as all their fund documentation. In terms of the regulation, asset management, pension funds, and insurers must disclose how they take ESG issues into account in their investment decisions. Corporate Sustainability Reporting Directive (CSRD). Consolidation.

IBM Maintenance 59

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Insight Software

AUGUST 17, 2021

While some of these rules may not affect your filing for a while, it doesn’t hurt to plan ahead by getting familiar with the new ASU and the associated taxonomy updates. Securities and Exchange Commission Release No. 33-10835; 34-89835, Update of Statistical Disclosures for Bank and Savings and Loan Registrants. Consolidation.

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Insight Software

MAY 2, 2022

Imagine the following scenario: You’re building next year’s budget in Microsoft Excel, using current year-to-date actuals that you exported from your enterprise resource planning (ERP) software. Researching that question requires substantial additional effort if your organization uses manual planning and budgeting processes.

Planning 52

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Insight Software

FEBRUARY 9, 2022

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting. This may be true for your organization when it comes to improving your budgeting, planning, and forecasting processes, where the fear of a complex, risky data integration project holds you back. Why Bizview.

Planning 52

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Insight Software

MAY 1, 2023

SAID ANOTHER WAY… Business intelligence is a map that you utilize to plan your route before a long road trip. By Industry Businesses from many industries use embedded analytics to make sense of their data. The program offers valuable data analysis-based services such as benchmarking and personalized fitness plans.

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Insight Software

JUNE 24, 2022

This is the driving principle of financial close management – a new approach to closing the books. The financial consolidation and close process takes a variety of financial statements and documents. Note Bad Debt : update the monthly books to reflect any bad debt that will be written off. Financial Close Process Preparation.

IBM cost 52

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Insight Software

APRIL 25, 2024

Detection of errors and fraud – By comparing transactions recorded in the account with external sources or documentation, reconciliations can uncover mistakes, missing transactions, double-entry accounting, or fraudulent activities, allowing businesses to take corrective action and prevent financial misstatements or fraud.

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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.

Planning 52

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Insight Software

NOVEMBER 7, 2023

The answer depends on your specific business needs and the nature of the data you are working with. Both methods have advantages and disadvantages: Replication involves periodically copying data from a source system to a data warehouse or reporting database. Empower your team to add new data sources on the fly.

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Insight Software

APRIL 8, 2024

This frees up valuable time for your team to focus on higher-level analysis, strategic planning activities, and ensuring the accuracy and completeness of disclosures. EPM empowers finance teams with real-time actuals feeding seamlessly into forecasting models and disclosure documents.

Data Management 52

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Insight Software

SEPTEMBER 22, 2023

However, the complexity of Microsoft Dynamics data structures serves as a roadblock, making it difficult to use Power BI without a proper connection to your data. Dynamics ERP systems demand the creation of a data warehouse to ensure fast query response times and that data is in a suitable format for Power BI.

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Insight Software

SEPTEMBER 15, 2023

In today’s uncertain economic landscape, it’s vitally important to invest in agile planning processes and tools to increase forecast frequency and planning accuracy. One of the easiest ways to increase your organization’s agility is by transitioning your data to the cloud. Removing the need to migrate legacy data.

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Insight Software

SEPTEMBER 19, 2023

Data Access What insights can we derive from our cloud ERP? What are the best practices for analyzing cloud ERP data? Data Management How do we create a data warehouse or data lake in the cloud using our cloud ERP? How do I access the legacy data from my previous ERP? Cross-functional collaboration.

IBM cost 52

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Insight Software

AUGUST 9, 2023

Finance teams are the strategic center for the critical processes that drive any business: planning, budgeting, reporting, and analysis. Planning, budgeting, reporting, and analysis activities are related, but they all have their own distinct nuances. As any business grows, those processes become more difficult and time-consuming.

Finance 52

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Insight Software

SEPTEMBER 1, 2023

Augmented: Analytics Strategies for the Future Download Now Buying Predictive Analytics Software With third party analytics solutions that offer predictive functionality there’s no need to worry about product maintenance, training, or documentation, since vendors extensively document their platforms.

Predictive Analytics 52

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Insight Software

MAY 6, 2021

Listed companies also have to create multiple documents for internal as well external disclosure that include both numbers and narrative. How easy is it to forget to change a comparative word in one or more documents (e.g., Budget Books/Decks. Board Books/Decks. Management Accounts. Regulatory Reporting (iXBRL, EDGAR).

IBM Support 98

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Insight Software

APRIL 15, 2024

Manual processes are time-consuming, labor-intensive, and prone to human error, making it difficult for finance teams to meet tight reporting deadlines and maintain data accuracy. Refresh your data at any time to automatically update your report narrative as your numbers fluctuate to reduce the risk of manual errors.

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Insight Software

MARCH 14, 2024

This straightforward and user-friendly access to source data makes it easier for your business users to examine and extract insights from your core data systems. Data Lineage and Documentation Jet Analytics simplifies the process of documenting data assets and tracking data lineage in Fabric.

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