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

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. Different industries face different obstacles when it comes to finalizing their accounts.

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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 newfound confidence in data integrity empowers your team to make more informed decisions and build a solid foundation for strategic planning.

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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

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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Insight Software

JUNE 25, 2023

A hospital key performance indicator (KPI) is a quantifiable measure that monitors the quality of healthcare provided by the hospital and measures the overall success of the business. The first step in establishing a KPI monitoring program is to identify the most vital areas of the organization.

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Insight Software

MARCH 23, 2024

The following steps are the most widely accepted rules for specifying, monitoring, and interpreting relevant government KPIs: Identify metrics : Aim for a balanced set of KPIs. These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources.

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Insight Software

JUNE 24, 2023

If the step above is meticulously applied, the non-profit will have cross-sectional metrics that include all departments, from Human Resources to Finance. For the most precise decision making, you must ensure that the data you are tapping into to monitor your KPIs are up to date and have a high quality.

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Insight Software

JUNE 23, 2023

The following steps are the most widely accepted rules for specifying, monitoring, and interpreting relevant government KPIs: Identify metrics : Aim for a balanced set of KPIs. These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources.

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Insight Software

MAY 18, 2022

With all things data moving to the cloud, thus another advancement brought about by the digital transformation, the need for organizations to upgrade their processes is constant. Composable data and analytics are the quick and easy path to building analytics applications. Want a head start on analytics?

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Insight Software

MAY 9, 2024

The key components of a data pipeline are typically: Data Sources : The origin of the data, such as a relational database , data warehouse, data lake , file, API, or other data store. This can include tasks such as data ingestion, cleansing, filtering, aggregation, or standardization.

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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

MARCH 4, 2024

Reduced Time & Effort : One-click parallel processing, task scheduling, handling large data volumes, and automated repetitive tasks significantly decrease time and effort spent on data management, boosting productivity across the organization.

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Insight Software

JUNE 30, 2023

Software-based transfer pricing also allows you to monitor the success of each pricing method you use, and gather insights to help you guide your strategy going forward.

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Insight Software

NOVEMBER 29, 2023

You can use it to create and monitor your transfer pricing policies, report and analyze your results, and adjust your prices as needed throughout the year. With Longview Transfer Pricing, you can reduce manual work, ensure data accuracy, and align your transfer pricing with your business strategy.

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Insight Software

DECEMBER 5, 2023

This involves the ability to monitor events that occur within the system including data entry, data changes within the planning process, and versioning to help users track the evolution of their data and models. Built-in audit trails and versioning.

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Insight Software

JULY 31, 2022

Recent global crises have permanently changed the face of finance. Still adapting to a rapidly changing market, organizations are striving to embed data processes that can help guide them through these uncertain times. In the wake of these changes, the finance function has transitioned to a more forward-looking approach as well.

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Insight Software

SEPTEMBER 1, 2023

If the training data is incomplete, biased, or not representative of the application’s user base, the predictive analytics may produce inaccurate or biased predictions. insightsoftware brings a human touch to your embedded analytics software experience.

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Insight Software

JANUARY 24, 2024

Manual Processes and IT Dependence While Viewpoint is a strong foundation for construction finance teams, it can be challenging to customize to the unique reporting requirements of your business. Viewpoint is built to collect data it isn’t built to report on it. Then there’s the IT bottleneck. IT dependence is a major challenge.

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Insight Software

NOVEMBER 7, 2023

The answer depends on your specific business needs and the nature of the data you are working with. Both methods have advantages and disadvantages: Replication involves periodically copying data from a source system to a data warehouse or reporting database. Empower your team to add new data sources on the fly.

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Insight Software

AUGUST 9, 2023

In fact, a recent survey of 155 finance executives revealed that 55% of respondents want an automated financial close by 2025. Without the right tool, your finance team is likely spending hours validating data uploads, rekeying general ledger entries and processing large files. Unfortunately, this experience is not uncommon.

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Insight Software

AUGUST 9, 2023

Finance teams are the strategic center for the critical processes that drive any business: planning, budgeting, reporting, and analysis. Finance teams organize and format that information to suit the needs of operational decision-makers throughout the organization. Tedious manual processes can become overwhelming.

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Insight Software

APRIL 25, 2024

With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process. Thanks to automation, it is entirely possible to work as an accountant for your entire career without ever manually performing a reconciliation or monitoring relevant metrics during a financial close.

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Insight Software

JANUARY 24, 2024

It’s vitally important that your finance team produce accurate budgets and plans to support business operations and success. Freedom from Complexity with Automation Traditional budgeting processes often involve a significant amount of back-and-forth communication with IT teams for budget adjustments or data input.

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Insight Software

OCTOBER 26, 2023

Without the right control, they struggle with inflexible report layouts and spend days dumping data into spreadsheets, limiting the available time to focus on value-added analysis. They need a solution that doesn’t require complex technical tools to dig into their master data for the meaningful insights they must deliver.

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Insight Software

APRIL 3, 2024

Real-Time Insights : In today’s fast-paced business environment, timely access to financial data is crucial for making informed decisions. Cloud-based consolidation solutions provide real-time insights into your financial performance, enabling you to monitor key metrics, identify trends, and react swiftly to changing market conditions.

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Insight Software

JULY 28, 2023

It’s also instrumental in monitoring market conditions, staying ahead of potential supply chain disruptions, and incorporating contingencies into operating budgets. Bizview gives you the ability to understand buying behavior, monitor inventory, and adapt business plans in real-time.

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Insight Software

MARCH 4, 2024

Monitor and Improve Your ESG Performance and Strategy Sustainability isn’t just about reporting; it’s about continuous improvement. insightsoftware’s ESG reporting solution empowers you to go beyond compliance and transform data into actionable insights, driving measurable progress towards your sustainability goals.

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