Insight Software

OCTOBER 21, 2022

Virtually everyone, including those experienced number-crunchers, prefer a more meaningful presentation of the data and what it represents. They want their applications to connect the dots between the raw data maintained within their software systems and the actual meaning behind that information. Still experiencing an issue?

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Insight Software

MAY 25, 2023

We asked Jeff Donahue, Vice President and Controller at SBLI, how the Office of the CFO can leverage technology to improve financial reporting, “A lot of it comes down to data – getting that data organized and getting it as quickly as possible,” said Donahue. That takes a lot of weight off our Accounts Payable people.”

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Insight Software

JULY 28, 2023

To find out more about the state of Finance in 2023, insightsoftware partnered with Hanover Research to survey accounting and finance decision-makers on the most pressing trends of the year. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA.

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Insight Software

FEBRUARY 14, 2022

Finance teams have played a leading role in the adoption of technology to transform previously inefficient manual or spreadsheet-based processes. We must now work swiftly and diligently to ensure the effective implementation of this major reform.” The Rise of Tax Technologists.

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Insight Software

APRIL 26, 2022

Today’s finance teams are under more pressure than ever before. Finance is responsible for knowing where their business stands today, and also for mapping out the road ahead. Finance departments must guide their organizations into the future, even as the ground continues to shift beneath their feet.

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Insight Software

AUGUST 12, 2022

As the strategic role of finance teams continues to evolve, the Office of the CFO faces many new responsibilities. Resource allocation, however, does not always grow in tandem with those responsibilities, leading to scalability challenges for finance teams tasked with doing more with fewer resources. Here’s what the research revealed.

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Insight Software

APRIL 18, 2024

Over the past few years finance has played an increasingly strategic role within the wider organization, becoming the go-to team for actionable insights. Now longer a siloed unit, your finance team has been saddled with the unenviable task of navigating the organization through rough waters.

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Insight Software

APRIL 10, 2023

Finance teams today are facing unique challenges as they adapt to the post-pandemic landscape. Between layoffs and furloughs directly caused by the COVID-19 pandemic and the Great Resignation that followed, finance leaders are now dealing with a growing gap in the skills needed for their teams to successfully complete essential tasks.

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Insight Software

JULY 6, 2022

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. Cookies are required to submit forms on this website.

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Insight Software

JULY 14, 2022

Business cash flow planning or management lets you make sure your business has enough money to maintain its operations. If you are continually juggling finances to make sure you keep enough money in the bank, your profit margins may be too slim. It can also lead you to the conclusion that you may need extra financing to expand.

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Insight Software

FEBRUARY 5, 2024

Additionally, inefficient dashboards and analytics hinder visibility into resource consumption patterns, making it difficult to pinpoint energy-intensive processes and implement resource-efficient measures. Flawed calculations can underestimate or overestimate emissions, obscuring your true environmental impact.

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Insight Software

JANUARY 19, 2024

This is why we have seen the recent rise in storytelling as a key skill for finance and FP&A professionals. In particular, we are regularly asked to tell stories with data; the rest of this article focuses on how we can optimize our data storytelling. Unfortunately, we spend almost all of that time analyzing the data.

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Insight Software

AUGUST 24, 2022

Finance teams are taking on new challenges and responsibilities in light of the uncertain economic climate that surfaced in the wake of the global pandemic, supply chain disruptions, price inflation, and the wholesale workforce exodus known as the “Great Resignation.”. The Relationship Between Finance and IT.

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Insight Software

JULY 1, 2022

For companies looking ahead to their tax reporting strategies for the next calendar year, now is the time to implement new systems and processes. With these considerable time savings, they can use the product to map out different scenarios with actual and forecasted finance data to make their own strategic suggestions from a tax perspective.

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Insight Software

APRIL 26, 2022

So, you’re working for a medium to large enterprise that uses Microsoft Dynamics 365 Finance & Supply Chain (D365 F&SCM) as its ERP system. But if your business is growing, you are probably looking to push beyond the out-of-the-box capabilities to develop your own custom analysis and meaningful data insights.

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Insight Software

APRIL 14, 2022

However, they require knowledge of SQL to generate, can be rigid, and do not cover the specific custom reporting needs of real estate finance teams. Finance teams may need to lean on their IT department or external contractors to create insightful reports, rather than spend days creating them themselves. Improve data quality.

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Insight Software

MAY 4, 2022

Being a finance professional is stimulating and rewarding, but it comes with a set of unique challenges. Simply working harder doesn’t seem to solve the problem; finance professionals must work smarter, applying the right tools to get the job done quickly, efficiently, and accurately. Challenge 1. ERP Complexity. Challenge 3.

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Insight Software

APRIL 24, 2024

This, combined with the ability to design custom Chatflows, ensures you can deliver the AI user experience that perfectly complements your application and resonates with your customers – making complex data analytics intuitive and effective for informed, data-driven decisions.

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Insight Software

NOVEMBER 21, 2022

If your data is manually extracted from your ERP and dumped into Excel, numbers could easily be entered incorrectly – and by the end of the process, your information is already outdated. This means less meal prep for you, just hit refresh to feed the latest live data to your spreadsheets. Fresher Data for Farmington, NM.

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Insight Software

APRIL 13, 2023

The last couple of years have been volatile for the finance industry. 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.

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Insight Software

JUNE 13, 2022

When migrating to the cloud, there are a variety of different approaches you can take to maintain your data strategy. Those options include: Data lake or Azure Data Lake Services (ADLS) is Microsoft’s new data solution, which provides unstructured date analytics through AI. Different Approaches to Migration.

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Insight Software

JUNE 5, 2023

A recent survey by Ernst & Young sees compliance as a “do more with less” situation, with 95% of companies reallocating a portion of their tax and finance budget away from routine activities like tax compliance to strategic activities like tax policy, planning, and controversy. The Role of Technology in Adopting BEPS 2.0

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Insight Software

MAY 1, 2023

Software upgrades and maintenance are commonly included for an additional 15 to 30 percent annual fee. Services Technical and consulting services are employed to make sure that implementation and maintenance go smoothly. Developer Resources Internal developers should be included in the initial phase of implementation.

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Insight Software

NOVEMBER 3, 2022

By adding depth and meaning to the numbers, finance teams can help everyone in their organization, as well as important external stakeholders, to better understand the realities that drive the business. Here’s a brief overview of the elements on which finance leaders should focus: Set the stage. Download Now. Propose a path forward.

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Insight Software

APRIL 26, 2022

Finance professionals know that data matters, but stories convey truth in ways that mere numbers simply cannot. Those who work in finance may describe themselves as “numbers people.” Even so, finance team members probably understand and retain information more readily when it’s presented in narrative form.

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Insight Software

JULY 1, 2022

It is hard to get a full picture of your supply chain data with operational reporting software, so supply chain executives are flying blind, working with inaccurate and outdated information. Stock projections will be incorrect, impacting finances like working capital and revenue. Easily Identify Pollution in Your Data Stream.

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Insight Software

NOVEMBER 14, 2022

The right tools transform your financial data into useful reports, strategic spending, and actionable insights, but to keep up, you’ll need to build the right tech stack for your needs. For every finance function, there’s a dozen corresponding finance technology solutions, and it’s up to you to figure out which one will work best.

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Insight Software

AUGUST 5, 2022

As a comprehensive, cloud-based ERP, Oracle NetSuite empowers businesses with a unified view of finances and operations. For your accounting and finance team especially, this challenge makes it difficult to create the critical financial reports that drive your business. Better communication between locations and systems. Download Now.

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Insight Software

MAY 20, 2022

It automates repeatable tasks, streamlines your ability to create reports and analyze data, and sheds clarity on sales, marketing, human resources, supply chain management, and even manufacturing. Difficult-to-understand reports based on tabular views that offer little to no ability to dig into and explore the data. Dynamic filtering.

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Insight Software

JUNE 20, 2023

This article will explore  self-service analytics in detail , covering use cases, proven benefits, common objections, and strategies for implementation. What Is Self-Service Analytics? Self-Service Analytics vs Self-Service Business Intelligence There is an ongoing debate around the relationship between analytics and BI.

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Insight Software

DECEMBER 4, 2023

Learn how users of business applications want to quickly leverage this data to extract insights, make data-driven decisions, and take the best actions in our on-demand webinar. Blueprint to Modern Analytics: Starting your analytics modernization project with a blueprint gives you a high probability of success.

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Insight Software

SEPTEMBER 22, 2022

But when you work in finance, it’s a different story. What If” Scenario Planning is an Essential Modern Finance Capability. Easy configuration of planning forms, reports and dashboards, and automated workflow tools make it easy to extend planning beyond finance. Most of the time, you’re discouraged from dwelling on “what ifs.”

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Insight Software

FEBRUARY 2, 2023

Defining billable time as a KPI helps to identify limiting factors like whether a maintenance contract covers enough equipment. Financial KPIs to track are: Gross revenue Overhead revenue Net income Accounts receivable Time Of the time that a technician worked, what percentage is productive time vs. how much of it is billable?

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Insight Software

JULY 29, 2022

Finance leaders are facing the most turbulent trading conditions for more than a generation. Josh Schauer, VP Finance insightsoftware explains, these are the biggest elements of income and expense in a software house and once these are determined it gives a great deal of confidence in the resulting forecast. Stakeholder Involvement .

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Insight Software

MAY 24, 2023

Finance teams who struggle to meet the demand for recurring operational reports are increasingly adopting Oracle ERP Cloud for ease of access to real-time data. 63% of IT decision makers find that Finance is over-reliant on IT. Reporting is complex. 62% of IT decision makers have encountered challenges with native ERP reporting.

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Insight Software

FEBRUARY 8, 2023

Being saddled with high financial penalty from the platform owner or get bogged down in time consuming data exports to a new system, including the costly implementation of new software. Consider the cost of implementation, or in this case, the cost of re-implementing new software every time you want to switch to a new broker.

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Insight Software

MARCH 29, 2023

Its vast library of pre-built, turnkey content templates for finance and operations reporting ensures a fast time to value with minimal training required. What Our customers Saying About Hubble Enterprise “We can now have our end users, senior leadership, and even our clients use Hubble to get real time data from JDE!

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