Insight Software

DECEMBER 3, 2021

The term “ business intelligence ” (BI) has been in common use for several decades now, referring initially to the OLAP systems that drew largely upon pre-processed information stored in data warehouses. Discover Meaning Amid All That Data. They are beginning to amass the data assets that will serve them for years to come.

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Insight Software

JANUARY 6, 2021

It provides a robust, scalable IT infrastructure and stronger integration capabilities that open the door for broader adoption of digital transformation technologies. Microsoft D365 F&SCM, for example, consists of two primary components–Microsoft D365 Finance and Microsoft D365 Supply Chain Management.

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Astera

JUNE 14, 2023

What is Document Data Extraction? Document data extraction refers to the process of extracting relevant information from various types of documents, whether digital or in print. It involves identifying and retrieving specific data points such as invoice and purchase order (PO) numbers, names, and addresses among others.

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Astera

DECEMBER 18, 2023

For instance, if the extracted data contains missing values or outliers, these issues are addressed during the transformation process to ensure data accuracy. Finally, the transformed data is loaded into a target system or data warehouse for reporting and analysis.

Finance 52

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Astera

DECEMBER 18, 2023

For instance, if the extracted data contains missing values or outliers, these issues are addressed during the transformation process to ensure data accuracy. Finally, the transformed data is loaded into a target system or data warehouse for reporting and analysis.

Finance 40

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Astera

NOVEMBER 28, 2023

Data plays a significant role in business growth and digital initiatives for approximately 94% of enterprises. However, the full potential of these data assets often remains untapped, primarily due to the scattered nature of the data.

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Data Pine

OCTOBER 25, 2022

With ‘big data’ transcending one of the biggest business intelligence buzzwords of recent years to a living, breathing driver of sustainable success in a competitive digital age, it might be time to jump on the statistical bandwagon, so to speak. 12) “Too Big To Ignore: The Business Case For Big Data” by Phil Simon.

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Domo

MAY 17, 2021

Amazon Web Services (AWS) act as the backbone of today’s digital infrastructure by providing on-demand cloud computing platforms and APIs to businesses and governments worldwide. For the best results, make sure you understand how you store data in S3 along with its relation to other S3 databases. Additional Domo AWS connectors.

Data Warehouse 52

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Sisense

APRIL 2, 2020

Every company is becoming a data company. In Data-Powered Businesses , we dive into the ways that companies of all kinds are digitally transforming to make smarter data-driven decisions, monetize their data, and create companies that will thrive in our current era of Big Data.

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Astera

JANUARY 12, 2024

A solid data architecture is the key to successfully navigating this data surge, enabling effective data storage, management, and utilization. Enterprises should evaluate their requirements to select the right data warehouse framework and gain a competitive advantage.

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Insight Software

DECEMBER 8, 2023

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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Insight Software

AUGUST 18, 2023

There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.

Finance 52

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Insight Software

FEBRUARY 28, 2022

Most operational reports are created for the finance and accounting departments, but other departments also require operational reports on a recurring basis, including sales, customer service, human resources, and marketing, to name a few. Finance Teams Create Recurring Operational Reports Frequently. Microsoft Power BI.

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Insight Software

MARCH 24, 2024

To build a flourishing ecosystem that seamlessly connects your tax department to finance and wider company, you need to make sure all aspects of your process are functioning to the best of their ability. These integrated tools can facilitate collaboration between finance and tax teams. Streamlined Reporting Processes.

Finance 52

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Insight Software

JULY 28, 2023

Across Europe, the Middle East, and Africa (EMEA), organizations have transitioned from optimism to pragmatism post-COVID-19, preparing for potential recession while emphasizing digitization and resilience to navigate global market trends. The State of Finance in EMEA Finance teams worldwide have been deeply impacted by market uncertainty.

Finance 52

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Insight Software

MAY 10, 2021

Financial reporting, operational reporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. As organizational priorities shift, so too do the priorities of finance teams.

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Insight Software

SEPTEMBER 1, 2023

SAP Central Finance is the KEY S/4HANA Deployment Option Are you still undecided on your path to move to S/4HANA? If so, consider this question: Why not use SAP Central Finance to start your move, and leverage prebuilt integration products from insightsoftware to simplify and accelerate your journey?

Finance 52

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Insight Software

MAY 25, 2023

Wands for Oracle Tips & Tricks: Save Time with Quick and Easy Reconciliation Download Now Better Insights from More Accurate Data During the discussion, we touched on which metrics finance leaders should be focusing on and how they can inform strategic decision making. I understand that I can withdraw my consent at any time.

Finance 52

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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.

Finance 52

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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.

Finance 52

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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. 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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Insight Software

JULY 6, 2022

Data accuracy is #1 and can only be assured with advanced analytics. BI tools can save the day in the healthcare space as the digital world transforms your every day and you are constantly adjusting to a new normal. No matter the industry, the benefits of data discovery tools are all encompassing. Privacy Policy. Enable cookies.

Data Discovery 52

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Insight Software

MAY 21, 2021

In the recently released insightsoftware 2021 Finance Team Trends report , survey respondents from North America and EMEA revealed some of the top challenges facing finance teams: Lack of time to spend on analysis. Data limitations or inaccuracies. Meet the Finance Professional’s Biggest Time-Suck: Manual Processes.

Finance 52

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Insight Software

MARCH 14, 2022

The same can be said for finance teams as they work on operational reporting. The most skilled finance professionals still need the right tools to get the job done well. insightsoftware partnered with Hanover Research to discover which tools finance professionals use most for operational reporting and how they feel about those tools.

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Insight Software

AUGUST 24, 2023

Reasons for Lingering On-Premises Many companies are willing to experiment with the cloud in other parts of their business, but they feel that they can’t put the quality, consistency, security, or availability of financial data in jeopardy. Thus, finance data remains on-premises.

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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

MARCH 20, 2024

In today’s dynamic business landscape, data is king. Your finance team is under pressure to make data-driven decisions that optimize financial health and fuel strategic growth. This user-friendliness fosters wider adoption, further empowering individuals to take ownership of their data analysis and reporting needs.

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Insight Software

SEPTEMBER 27, 2023

Finance teams are no strangers to pressure. Inflation, economic uncertainty, and swiftly-changing regulations significantly impact finance professionals. Every organization has roadblocks like budgetary restraints, data limitations, and clunky, manual processes. Put reporting into finance or relevant business users’ hands.

IBM Maintenance 52

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Insight Software

NOVEMBER 7, 2023

For most of the year, finance teams have been preparing for a recession that never quite reached the heights (or depths) heralded by the media. And while no one is disappointed, constantly waiting for the other shoe to drop has had a notable impact on finance leaders’ approach to, well, everything.

IBM cost 52

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Insight Software

DECEMBER 11, 2023

Your finance and accounting teams need a stress-free and streamlined year-end close for your business. There’s no shortage of roadblocks, for example: Data source complexity : Managing complexity of FASB and SEC rules about reporting. Use the formulas for accurate calculations and recording of finance charges and interest expenses.

IBM Maintenance 52

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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.

IBM Support 52

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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.

IBM Maintenance 52

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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.

Finance 52

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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.

IBM Maintenance 52

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Insight Software

OCTOBER 4, 2023

Finance teams are under pressure to slash costs while playing a key role in data strategy, yet they are still bogged down by manual tasks, overreliance on IT, and low visibility on company data. This expansion of responsibilities is exacerbating the well-documented trend of finance team burnout, leading to undesirable turnover.

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Insight Software

MARCH 21, 2022

The task of creating those reports falls onto the shoulders of finance teams that are sometimes already struggling to manage a heavy workload. Half of decision-makers produce all their recurring reports at least once a week, and for the top twelve operational reports required, more than 12% of finance teams produce the reports daily.

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Insight Software

JUNE 27, 2023

You’ve probably heard about the disruptive effect of AI software on creative roles like graphic design and writing, but there’s been considerably less buzz about how potentially game-changing AI can be for finance roles. The Many Benefits of AI to Financial Planning AI is enabling finance professionals to make faster, accurate decisions.

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