Insight Software

APRIL 30, 2024

On-Premises Solution : On-premises hosting means your analytics are installed within your organization, behind your firewall, and are completely controlled, set up, and maintained by your staff. Large systems can be complex, and those responsible for implementation might not fully grasp the capabilities granted to each user type.

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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. For example, pulling weather data from an API and loading it into a data warehouse for trend analysis.

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Insight Software

DECEMBER 5, 2023

insightsoftware is thrilled to be recognized as a Niche Player in Gartner’s 2023 Magic Quadrant (MQ) for Financial Planning Software. Earning a place in this MQ is a testament to our commitment to delivering the best budgeting and planning solutions for our customers. What is the Gartner Magic Quadrant?

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Insight Software

APRIL 25, 2024

Internal Controls : Companies must establish and maintain internal control structures and procedures for financial reporting. SOX, in the context of IT, requires companies to implement controls that safeguard the accuracy of financial reporting. This prevents fraudulent activities and errors in financial reporting.

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Insight Software

OCTOBER 2, 2023

insightsoftware recently purchased Power ON, a tool that sits on top of Power BI and allows you to do your planning via write-back all in the same platform. As a global leader in financial software solutions, insightsoftware acquired Power ON to enhance Power BI and provide users with a better financial planning option.

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Astera

SEPTEMBER 4, 2023

This article navigates through the top 7 data replication software available in the market and explains their pros and cons so you can choose the right one. The Importance of Data Replication Software Data replication involves creating and maintaining multiple copies of crucial data across different systems or locations.

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Insight Software

SEPTEMBER 15, 2023

In today’s uncertain economic landscape, it’s vitally important to invest in agile planning processes and tools to increase forecast frequency and planning accuracy. One of the easiest ways to increase your organization’s agility is by transitioning your data to the cloud.

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Insight Software

DECEMBER 22, 2021

To achieve better alignment between these two functions, many companies have adopted a different approach, sales and operations planning (S&OP). It’s about coordinating and streamlining all functions in the value chain–from strategic planning to forecasting and demand planning, inventory management, strategic sourcing, and distribution.

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Insight Software

MAY 2, 2022

Imagine the following scenario: You’re building next year’s budget in Microsoft Excel, using current year-to-date actuals that you exported from your enterprise resource planning (ERP) software. During this process, you notice that maintenance and repair expenses were especially high in June and July.

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Insight Software

DECEMBER 30, 2021

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

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Insight Software

FEBRUARY 15, 2022

It’s critical to have a meaningful financial plan in place, to have realistic targets to achieve. Unfortunately, traditional models for financial planning and budgeting are increasingly strained as businesses strive to cope with change. Many are seeking leaner, more agile budgeting and planning options. Access Resource.

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Insight Software

JANUARY 24, 2024

Completing your annual filing is a deeply collaborative process that requires considerable time and painstaking attention to detail for data validation and tag management. With multiple contributors working on your annual report, it can be challenging to effectively track workflows and maintain version control.

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Insight Software

AUGUST 25, 2022

SAP is a great enterprise resource planning tool (ERP) that makes the many aspects of running your business easier. The thing is, while having all your data in one system may be convenient, accessing and interpreting that data for budgeting and planning purposes can still be a challenge. Shorter Planning Cycles.

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Insight Software

MAY 23, 2024

Implementation and maintenance are key challenges – do your customers have time to implement the solution? A slow onboarding process or cumbersome maintenance needs can quickly erode a user’s initial excitement. ” Taylor Forge’s existing ERP system proved inadequate for planning and scheduling needs.

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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

NOVEMBER 10, 2021

Enterprise planning is going mainstream, as powerful yet affordable software technology has provided the means for small and midsize companies to develop highly collaborative, cross-functional approaches to strategic planning, governance, budgeting, operational planning, and more. Plan for Agility and Adaptability.

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Insight Software

APRIL 30, 2024

Google is planning to phase out third-party cookies for Chrome users in 2024. After clicking to allow access, Logi Symphony will be able to maintain that user’s session using cookies as they navigate between pages and use the functionality normally. What’s changing? What does this mean for my application?

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Insight Software

NOVEMBER 21, 2023

To have any hope of generating value from growing data sets, enterprise organizations must turn to the latest technology. You’ve heard of data warehouses, and probable data lakes, but now, the data lakehouse is emerging as the new corporate buzzword. To address this, the data lakehouse was born.

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Insight Software

FEBRUARY 15, 2024

According to Gartner, only 1% of finance functions have adopted or plan on investing in generative AI. ESG is a broad topic, but with the right technology, organizations can be better equipped to adopt and maintain ESG initiatives. But finance teams are slow to adopt this technology. Why is this?

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Insight Software

FEBRUARY 23, 2024

Data mapping is a crucial step in data modeling and can help organizations achieve their business goals by enabling data integration, migration, transformation, and quality. It is a complex and challenging task that requires careful planning, analysis, and execution.

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Insight Software

JANUARY 29, 2024

If your organization still operates on-premises, but your 2024 plans include a cloud migration, here are three key questions you must consider before investing. However, hybrid systems can be challenging to maintain without the right tools. And even fewer finance teams have implemented generative AI at just 1%.

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Insight Software

MARCH 24, 2024

For many businesses, there’s a belief that the process of implementing a new ERP system is the most challenging part of the process, but it’s really the process of choosing your new ERP. So, you’ve decided to move from an on-premises ERP system to Microsoft Dynamics 365 Business Central (D365 BC). That’s great news!

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Insight Software

FEBRUARY 29, 2024

The 3 Biggest Budget Stumbling Blocks Effective planning, budgeting, and forecasting is a critical exercise that sets the foundation for the month or year ahead and requires careful consideration and prioritization. Inaccurate or outdated information can undermine the credibility of budget forecasts and hinder informed decision-making.

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Insight Software

JANUARY 19, 2024

One of the most challenging aspects of being an equity administrator is managing the vast range of documents related to stock option plans. Without automated document management, you may find yourself falling victim to: Increased Risk of Errors : Manual handling of documents and data increases the risk of errors.

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Insight Software

NOVEMBER 7, 2023

But with two data streams hybrid instances can be challenging to manage and maintain without the right tools. But with two data streams hybrid instances can be challenging to manage and maintain without the right tools.

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Astera

JANUARY 18, 2024

Mergers and acquisitions don’t only involve the shareholders—in fact, all stakeholders, including the customers, are affected by these transformative events. Data Quality : It includes features for data quality management , ensuring that the integrated data is accurate and consistent. EDIConnect for EDI management.

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Insight Software

MARCH 24, 2024

Combining EPM and tax reporting tools streamlines the reporting process, while maintaining autonomy. Finance teams can generate financial reports within the EPM tool, and tax teams can access the necessary financial data directly from the tax reporting tool, reducing the need for manual data entry and reconciliation.

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Insight Software

AUGUST 24, 2023

Overall, nearly two-thirds of senior executives stated their businesses have accelerated their plans to migrate to the cloud. Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud.

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Insight Software

JULY 28, 2023

Because retail and food service businesses are uniquely positioned within the market landscape, the need for a reliable budgeting and planning process is crucial. An inflexible planning process that relies on static reports and siloed data isn’t going to cut it.

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Insight Software

OCTOBER 18, 2021

When a company ends up with too much inventory on hand, its capital is tied up in goods stored in the warehouse, so it can’t be put to use elsewhere. Instead of paying down debt, saving on interest expense, and preserving liquidity; its cash is committed to maintaining bloated levels of inventory. The Four Elements of Demand Planning.

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Insight Software

FEBRUARY 9, 2022

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting. This may be true for your organization when it comes to improving your budgeting, planning, and forecasting processes, where the fear of a complex, risky data integration project holds you back. Why Bizview.

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Insight Software

APRIL 18, 2024

Customers expect rapid value from your product (time-to-value), unwavering security of their data, and access to advanced analytics capabilities. While maintaining the core functionality of your offering is essential, neglecting these differentiating features can negatively impact customer retention.

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Insight Software

MAY 5, 2021

Strategic planning ranks high on a company’s list of priorities, and equally high on the list of challenges. Consider the eye-opening results of a recent survey : 94% of CFOs plan to change their risk strategy in the wake of the COVID-19 pandemic. With so many disruptive forces in play at once, strategic planning is critical.

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Insight Software

MAY 6, 2024

Further, Oracle Cloud ERP’s AI features might require specific tracking of where the data came from (data lineage) to ensure transparency and auditability. The best tools act as a central hub, allowing multiple team members to work on the same dataset simultaneously.

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Insight Software

MARCH 6, 2024

Running your own technological infrastructure adds another layer of challenge–storage for both your current and backup data requires maintaining hardware and fronting the bill for the electricity it consumes. This drastically reduces or eliminates the need to maintain expensive hardware that quickly becomes outdated.

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Insight Software

MARCH 25, 2024

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. A pattern like this will allow the hospital to plan for the care of such patients with much more preparedness.

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Insight Software

DECEMBER 22, 2021

As a result, strategic workforce planning is garnering considerable attention today, and workforce planning software is in high demand. Workforce planning means analyzing a company’s existing staffing levels, then anticipating and planning for future needs. Workforce planning is also about the short and medium term.

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