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2024 Predications for SAP Finance Teams

Insight Software

Next year, finance teams utilizing SAP will face unparalleled pressure due to a confluence of economic challenges. These adversities heighten the necessity for finance professionals to adeptly translate raw data into strategic guidance. The same report found that recently a new set of obstacles has emerged for finance teams.

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3 Ways Finance Can Help Navigate Supply Chain Disruptions

Insight Software

Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Sub-par customer service. A simple example of this would be that Sales holds data around which products sell fastest and trends in customer buying behavior.

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The Benefits, Challenges and Risks of Predictive Analytics for Your Application

Insight Software

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. Can’t let future integrations, feature upgrades, or security flaws from third-party UI components risk their app or software crashing.

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Technology in the Finance Function: Which Trends Will Impact Tax and Transfer Pricing?

Insight Software

Read any overview of how the finance and accounting function is changing, and you will notice several common themes. Three of the most important of these are: cloud migration, data standardization, and interoperability. The aim of technology in finance is to remove friction. Access Resource. Implications for Tax Teams.

Finance 52
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Meeting the Challenge of Operational Reporting in Microsoft D365BC

Insight Software

Though the software offers several advantages over previous versions, finance teams using Microsoft D365BC may experience some challenges in the areas of operational and financial reporting. One general Microsoft D365BC reporting challenge comes from the ERP’s complex data table structure. Increased Risk of Data Inaccuracies.

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Examining the Skills Most in Demand by Tax Teams: The Merger of Tech and Finance

Insight Software

Finance teams have played a leading role in the adoption of technology to transform previously inefficient manual or spreadsheet-based processes. In its Salary & Recruiting Trends 2021 guide, recruiter Hays said that, while finance and accounting skills in general are in high demand, tax experience is particularly valued.

Finance 52
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What Is Embedded Analytics?

Insight Software

Embedded analytics are a set of capabilities that are tightly integrated into existing applications (like your CRM, ERP, financial systems, and/or information portals) that bring additional awareness, context, or analytic capability to support business decision-making. The Business Services group leads in the usage of analytics at 19.5