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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.

Finance 52
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Data Modeling: Techniques, Best Practices, & Why It Matters?

Astera

Data modeling is the process of structuring and organizing data so that it’s readable by machines and actionable for organizations. In this article, we’ll explore the concept of data modeling, including its importance, types , and best practices. What is a Data Model?

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Inform Your 2021 By Looking At the Most Popular Finance Content of 2020

Insight Software

COVID-19 brought a new urgency to financial reporting, with businesses needing to have an accurate view of their cash flow in order to inform future planning. They also provide a quick insight for senior executives, so they don’t need to trawl through lots of data in order to make snappy decisions. Superpower Data Model.

Finance 105
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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. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Break Down Finance Silos with a Single Version of Truth.

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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. Implications for Tax Teams.

Finance 52
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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. Tax planning and reporting have risen to the top of the corporate agenda. These hiring plans are most prevalent for tax (75%) and audit, risk and compliance professionals (73%).”.

Finance 52
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Three Things Finance and Accounting Teams Should Know about Power BI and Risk

Insight Software

If your company is planning to implement Microsoft’s Power BI analytics platform , it is critically important that you understand the complexity involved with a complete implementation. It requires extensive planning and top-notch project management skills to get right. Consider the track record of software projects in general.

Finance 52