Inflexion Analytics

MAY 1, 2024

The pace of change in our industry has been remarkable, driven in part by the significant decrease in analytics costs and the emergence of ground breaking Artificial Intelligence tools from innovators like OpenAI, Google, and Anthropic. What sets us apart extends beyond our skills – it’s our commitment to your success.

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Insight Software

JUNE 30, 2021

Gross Profit Margin = (Total Revenue – Cost of Goods Sold) / Total Revenue. This performance metric should be tracked in conjunction with gross margin and operating costs to ensure enough money is being generated from sales, and that operating costs aren’t eating too far into profitability. Create a company culture.

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Insight Software

AUGUST 24, 2023

Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud. The Harvard Business Review study finds that 88% of organizations that already have a hybrid model in place see themselves maintaining the same strategy into the future.

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Insight Software

JULY 28, 2023

And because it’s a pain for your development team to manage, it affects the rest of your product—taking resources away from revenue-driving innovation elsewhere. There’s no way to globally manage security with components, which means you’ll have to implement and maintain security separately and consistently for every component you use.

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Insight Software

FEBRUARY 1, 2024

Funding is scarce and Independent Software Vendors (ISVs) must ensure their offer is seen as an essential expense for financially constrained buyers, delivering quick value, quality, and innovation. Building and maintaining an advanced analytics solution takes time and significant manpower.

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Insight Software

JUNE 16, 2021

Gross profit margin : This metric shows the revenue exceeding the cost of the business. A high gross profit margin is desirable.Gross profit margin is calculated using this formula: (Total Revenue – Cost of Goods Sold) / Total Revenue. Most preventative maintenance advocates recommend a target PMP of 85 percent or higher.

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Insight Software

NOVEMBER 15, 2021

.; to non-traditional KPIs including reputational risk management, efficiency and effectiveness of processes, innovative use of technology, etc. KPIs for Tax Accountants – Tax Cost. Managing tax cost involves reducing the financial impact associated with taxes. How to Compare Reporting & BI Solutions. Download Now.

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Insight Software

AUGUST 25, 2021

Interest expense on an amortized loan, for example, will steadily increase over time as the principal portion of each payment declines. In a few cases, managers may be aware of expense categories that will sharply decline or go away altogether. Consider an organization that has developed an innovative new technology, for example.

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Insight Software

AUGUST 31, 2021

Although ZBB represents a significant change in the way finance teams create budgets, it has some distinct benefits, especially for organizations seeking greater agility and cost efficiencies. The zero-based approach requires that budget owners justify every expense. ZBB Encourages Innovation.

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Insight Software

SEPTEMBER 1, 2023

Introduction With the 2027 end-of-maintenance deadline of SAP ERP Central Component (ECC) approaching, SAP users must do something to stay compliant. There are some differences to consider, but can be a valuable option to save time, resources and cost. Survey results from SAPinsider show that the majority of SAP-run enterprises (a.k.a.

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Insight Software

MARCH 4, 2024

Visions of cost savings and efficiency gains dance in their minds. 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. But the damage doesn’t stop there.

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Insight Software

MAY 1, 2023

Data visualizations are no longer driving revenue: Everyone from Google to Amazon now provides low-cost or no-cost visualization tools that drive down the perceived value of data visualizations. Users are coming to expect sophisticated analytics at little or no cost. End users expect more from analytics too.

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Insight Software

JUNE 15, 2021

Unfortunately, at the time that so many tech startups were springing up in the early 2000s, accounting practices related to the expensing of equity-based compensation were not well standardized. Many emerging companies, in their zeal to appear as profitable as possible, chose not to recognize such expenses at the time they were incurred.

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Insight Software

NOVEMBER 8, 2021

This results in a highly responsive budget that directly connects revenue and expenses to external drivers and the physical resources required to deliver the company’s products and services at expected levels. First and foremost, DBB compels business leaders to identify the factors that have the greatest impact on revenue and expenses.

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Insight Software

MAY 18, 2022

At the end of the day, businesses can enjoy cutting back on capital expenses. A recent Gartner presentation predicts that “through 2022, the rapid innovation forced by the COVID-19 outbreak will accelerate the transition of 60 percent of organizations toward composable business…”. Why Composable Analytics Matter.

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Insight Software

JULY 6, 2022

You just might be surprised at the innovation spanning each sector. How do you control costs and also keep up with compliance? Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Download Now. Life Sciences. You can’t do it alone.

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Insight Software

APRIL 4, 2024

The ideal ERP upgrade delivers greater value to your organization by enabling higher efficiency, stronger operational control, and innovation. Additionally, your IT team is free from the maintenance and support of the software, saving precious time and resources.

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Insight Software

MAY 12, 2023

The digital revolution has sparked a wave of innovation as companies strive to meet consumers where they spend the most time — on web and mobile devices. To keep up with the demands that digital innovations place upon product markets, businesses are increasingly incorporating analytics into their products.

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Insight Software

NOVEMBER 23, 2021

You rely on your CFO to be an innovator and strategist, but a recent survey has found that whilst CFOs aim to spend 50% of their time focusing on strategic initiatives, in reality this figure is closer to 25%. So, our question to you is: is your team doing everything it can to enable one of your most valuable assets?

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Insight Software

MAY 23, 2024

This allows them to offer services to their end users without the complexity of building or maintaining the platform. For example, Informatica , a software leader focused on data innovation, offered analytics capabilities from Logi Symphony as an additional paid service for its in-house reporting tool.

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Insight Software

SEPTEMBER 15, 2023

There’s no doubt that cloud ERPs have had a profound impact on businesses, transforming the way organizations operate, innovate, and deliver value. 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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Insight Software

SEPTEMBER 19, 2023

There’s no doubt that cloud ERPs have had a profound impact on businesses, transforming the way organizations operate, innovate, and deliver value. 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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Insight Software

FEBRUARY 15, 2022

In fact, there are several different innovative approaches to budgeting that merit further investigation. Let’s examine some of these methods: Zero-based budgeting (ZBB) dictates that you should build budgets from the ground up, with relatively little attention paid to prior years’ revenue and expense numbers.

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Insight Software

APRIL 5, 2021

We now live in a global economy that’s shaped by accelerating innovations in technology. It is typically used to predict future revenues, expenses, and capital costs. A cost-saving initiative within a company. P/B – Price to Book. Financial Modeling Makes You A More Strategic Analyst. Forecasting Models.

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Insight Software

NOVEMBER 18, 2022

For enterprise reporting globally, Oracle Essbase does a great job maintaining the underlying financial data. This innovative yet simple solution turns your Excel-based reporting process into a dynamic, web-based and highly mobile reporting platform for all your Essbase data. Here are five ways CXO can improve your Essbase reporting.

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Insight Software

JANUARY 31, 2022

The traditional approach to budgeting calls for a standard uplift from the prior year’s numbers, followed by some adjustments to account for shifting priorities or rapidly rising costs in one category or another. They, in turn, rely on key players within their departments for input on costs, commitments, timelines, and expected outcomes.

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Insight Software

SEPTEMBER 30, 2022

Streamline the traditionally manual process of implementing reporting tools and enterprise-wide BI initiatives with more than 1,800 no-code business views and reports (pre-built content by module/subject area). 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

JUNE 21, 2021

Looking back, the greatest historical driver of tax policy innovation has been war. The cost of World War I and post-war reconstruction helped create modern corporate taxation. Now, we face the two disastrous and very expensive crises of COVID and climate change,” says Kristalina Georgieva , head of the IMF.

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