Business Analysis Knowledge Share

OCTOBER 24, 2023

This article aims to provide a comprehensive overview of Data Warehousing, breaking down key concepts that every Business Analyst should know. Introduction As businesses generate and accumulate vast amounts of data, the need for efficient data management and analysis becomes paramount.

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Astera

FEBRUARY 9, 2024

According to a survey by Experian , 95% of organizations see negative impacts from poor data quality, such as increased costs, lower efficiency, and reduced customer satisfaction. According to a report by IBM , poor data quality costs the US economy $3.1 Enhancing data governance and customer insights.

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Astera

JANUARY 18, 2024

Data Quality : It includes features for data quality management , ensuring that the integrated data is accurate and consistent. Data Governance : Talend’s platform offers features that can help users maintain data integrity and compliance with governance standards.

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Astera

APRIL 10, 2023

A staggering amount of data is created every single day – around 2.5 quintillion bytes, according to IBM. In fact, it is estimated that 90% of the data that exists today was generated in the past several years alone. The world of big data can unravel countless possibilities. What is Big Data Integration?

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Astera

APRIL 24, 2024

Example Scenario: Data Aggregation Tools in Action This example demonstrates how data aggregation tools facilitate consolidating financial data from multiple sources into actionable financial insights. Loading: The transformed data is loaded into a central financial system.

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Insight Software

MARCH 23, 2024

What are Government KPIs? A government key performance indicator (KPI) is a quantifiable measure that the public sector uses to evaluate its performance. Government KPIs function like KPIs used by for-profit businesses — they demonstrate the organization’s overall performance and its accountability to its stakeholders.

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Insight Software

JUNE 23, 2023

What are Government KPIs? A government key performance indicator (KPI) is a quantifiable measure that the public sector uses to evaluate its performance. Government KPIs function like KPIs used by for-profit businesses — they demonstrate the organization’s overall performance and its accountability to its stakeholders.

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Insight Software

MARCH 25, 2024

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

APRIL 25, 2024

Finance is a complex field, and so are the laws that govern it. With multitudes of regulations surrounding everything from reporting to data security, organizations can quickly become overwhelmed. insightsoftware is here to help. Bush in July of the same year.

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Insight Software

MARCH 24, 2024

Total annual revenue for a non-profit organization is usually the sum of donations, collected fees, corporate sponsorships, and government grants. 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.

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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 24, 2023

Total annual revenue for a non-profit organization is usually the sum of donations, collected fees, corporate sponsorships, and government grants. 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.

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Insight Software

JUNE 30, 2023

This process, which is conducted according to the guidelines set by the Organization for Economic Cooperation and Development (OECD), requires the governing entity in this transaction to choose a pricing method that offers the best estimation of this fair market value.

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Insight Software

FEBRUARY 5, 2024

Monitoring your carbon footprint aligns your company with global efforts to address climate change and s erve s as a cornerstone of responsible corporate governance and cutting-edge sustainable business practices. Understanding your SAP data to its fullest is the first step o n the journey towards a more sustainable future.

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Insight Software

APRIL 8, 2024

However, the prevalence of disconnected data sources, often referred to as data silos, creates significant bottlenecks that hinder your team’s ability to operate efficiently and generate reliable financial information. EPM acts as a game-changer for your finance team, streamlining data management and reporting processes.

Data Management 52

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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. cost reduction).

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Insight Software

FEBRUARY 23, 2024

This field guide to data mapping will explore how data mapping connects volumes of data for enhanced decision-making. Why Data Mapping is Important Data mapping is a critical element of any data management initiative, such as data integration, data migration, data transformation, data warehousing, or automation.

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Insight Software

DECEMBER 17, 2021

Automating Data Management to Transform Reporting Processes. The combination of a lack of data governance and control, coupled with insufficient automation has a negative impact on the productivity and timeliness of the group reporting process. Automation and data management go hand-in-hand.

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Insight Software

NOVEMBER 21, 2023

Since then, technology has improved in leaps and bounds and data management has become more complicated. As a response to emerging technology, data lakes took off along with the rise of big data. Data lakehouses leverage low-cost storage options underneath structured, more conventional databases.

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Insight Software

OCTOBER 11, 2023

Maintaining robust data governance and security standards within the embedded analytics solution is vital, particularly in organizations with varying data governance policies across varied applications. Addressing these challenges necessitated a full-scale effort.

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Insight Software

MARCH 4, 2024

The CSRD is a phased directive that requires all large companies and listed companies in the EU to disclose information on their environmental, social, and governance (ESG) performance, risks, and impacts. Customer relationship management (CRM) systems, which track customer satisfaction, loyalty, complaints, and other governance indicators.

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Insight Software

OCTOBER 26, 2023

Data Quality Challenges for Reporting Teams Poor data quality impacts your team by introducing inaccuracies, inconsistencies, and inefficiencies into their reporting processes. Incomplete, outdated, or erroneous data means your team is generating unreliable insights which can lead to poor decision-making.

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Insight Software

NOVEMBER 28, 2023

Hubble Updates Deliver the Enhanced Calculations Capabilities Your Team Needs Hubble solves the integration that your teams grapple with while making intricate financial calculations such as cost allocations, currency conversions, and intricate consolidations. These tasks can be cumbersome and error-prone if not managed efficiently.

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Insight Software

FEBRUARY 29, 2024

2) Lack of Controls and Governance Another significant challenge is the absence of robust controls and governance mechanisms over the budget entry and approval process. Not only does Power ON’s Budget Planner simplify the budgeting process, but it also creates efficiencies and decreases costs.

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Insight Software

NOVEMBER 7, 2023

Security and compliance demands: Maintaining robust data security, encryption, and adherence to complex regulations like GDPR poses challenges in hybrid ERP environments, necessitating meticulous compliance practices. Streamlines data governance, enhancing data accuracy and allowing efficient management of data lifecycle tasks.

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Insight Software

FEBRUARY 23, 2024

A Centralized Hub for Data Data silos are the number one inhibitor to commerce success regardless of your business model. Through effective workflow, data quality, and governance tools, a PIM ensures that disparate content is transformed into a company-wide strategic asset.

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Insight Software

MAY 6, 2022

Where Jet Reports addresses reporting gaps, Jet Analytics brings all your data together in Power BI, allowing you to analyze trends and forecast scenarios through a channel your executives can easily understand. Jet Analytics provides data warehouse automation for fast, consistent business analytics and master data management.

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Insight Software

NOVEMBER 16, 2022

The increasing frequency of mergers and acquisitions challenges organizations’ capacity to bring data together and consolidate reporting at scale. Complexity Drives Costs: Simplify Financial Reporting and Succeed. Which Organizations Are Challenged by Disjointed Data? Download Now. Illustrating the Challenge. Get a Demo.

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Insight Software

MARCH 4, 2024

The Corporate Sustainability Reporting Directive (CSRD) marks a significant leap forward in environmental, social, and governance (ESG) transparency, but its phased timelines pose substantial challenges for financial reporting. insightsoftware’s ESG reporting solution can be your lifeline to streamlined and simplified data management.

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