Insight Software

AUGUST 24, 2023

Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud. The Harvard Business Review study finds that 88% of organizations that already have a hybrid model in place see themselves maintaining the same strategy into the future.

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Insight Software

APRIL 15, 2024

Manual processes are time-consuming, labor-intensive, and prone to human error, making it difficult for finance teams to meet tight reporting deadlines and maintain data accuracy. Audit Trail and Version Control : Certent Disclosure Management maintains a clear audit trail for all changes made to disclosures.

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Insight Software

JULY 28, 2023

Improper insights into their data can hamper success at their journey’s end. And because it’s a pain for your development team to manage, it affects the rest of your product—taking resources away from revenue-driving innovation elsewhere. Developing and maintaining homegrown analytics diverts focus from their core application.

Embedded Analytics 52

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Insight Software

SEPTEMBER 19, 2023

There’s no doubt that cloud ERPs have had a profound impact on businesses, transforming the way organizations operate, innovate, and deliver value. Data Access What insights can we derive from our cloud ERP? What are the best practices for analyzing cloud ERP data? How do I access the legacy data from my previous ERP?

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Insight Software

JANUARY 24, 2024

In addition, external market factors require that your planning process not only be able to address your current goals but also be agile enough to quickly respond to industry innovations, economic shifts, and more. It’s vitally important that your finance team produce accurate budgets and plans to support business operations and success.

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Insight Software

SEPTEMBER 30, 2022

What are the best practices for analyzing cloud ERP data? Data Management. How do we create a data warehouse or data lake in the cloud using our cloud ERP? How do I access the legacy data from my previous ERP? How can we rapidly build BI reports on cloud ERP data without any help from IT?

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Insight Software

NOVEMBER 18, 2022

For enterprise reporting globally, Oracle Essbase does a great job maintaining the underlying financial data. But when it comes to making sense of this data – organizing, visualizing, and finding the narrative – Essbase has limited capabilities. And without the need for expensive business intelligence tools or IT projects.

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Insight Software

DECEMBER 5, 2023

This involves the creation and prepopulation of new planning cycles, modification of business rule logic, dimension maintenance, and security profile functionality. Gartner highlights insightsoftware’s workflow automation as an innovative feature that streamlines approval processes and reduces manual inputs.

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Insight Software

MARCH 4, 2024

Additionally, the growing appetite for real-time data insights necessitates breaking down data silos and achieving seamless integration with diverse sources. Technology teams often jump into SAP data systems expecting immediate, quantifiable ROI. Visions of cost savings and efficiency gains dance in their minds.

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Insight Software

DECEMBER 2, 2022

Disruption is the name of the game, and for finance leaders to stay competitive in this turbulent new era, they’ll need a clear vision for how to move forward. A recent Gartner study found that nearly 80% of CFOs plan to maintain or increase their enterprise digital investments through 2023 regardless of inflation, and with good reason.

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Insight Software

NOVEMBER 29, 2023

It evaluates vendors based on their completeness of vision and ability to execute. Extensive Data Integration. Users love our prebuilt integrations which cover many ERPs saving valuable time and effort during implementation. Market Responsiveness. We understand the importance of our customer feedback.

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Insight Software

MARCH 23, 2023

Organizations are promised a ‘one size fits all’ tool that will allow users to ‘drag n drop’ their way to data fluency. In truth, these tools can satisfy basic data needs, but they struggle to keep pace with the needs of organizations with more complex data structures, multiple systems, and specific industry requirements.

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Insight Software

SEPTEMBER 1, 2023

Introduction With the 2027 end-of-maintenance deadline of SAP ERP Central Component (ECC) approaching, SAP users must do something to stay compliant. Some of your competitors have likely reached their future state already with the help of Central Finance and insightsoftware, and are already innovating on the platform.

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Insight Software

JUNE 21, 2021

Looking back, the greatest historical driver of tax policy innovation has been war. It’s a vision outlined by the OECD’s Forum on Tax Administration (FTA) in a discussion document called Tax Administration 3.0: Climate change is also driving urgent needs to encourage different corporate behavior.

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Insight Software

JUNE 16, 2021

Analyzing and interpreting these data will allow the COO to accurately measure the effectiveness of procedures and direct the company to a more productive path. Traditionally, a COO has been anything from an experienced person who brings the vision of the CEO to life, to a partner whose skills complement that of the CEO’s.

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Insight Software

FEBRUARY 15, 2022

In fact, there are several different innovative approaches to budgeting that merit further investigation. While the innovative budgeting methodologies covered in this article support agility and adaptability, they also have the effect of disrupting the organization’s existing performance management and compensation models.

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Insight Software

MAY 2, 2022

Example Application #3: Innovators In Human Capital Management Beckon to Advanced Analytics. The best ones identify key trends and integrate these innovations with ease. This series will demo model applications for BI spanning business type and industry to illustrate how reporting analytics can yield real business value.

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Insight Software

NOVEMBER 10, 2021

Many have turned to innovative budgeting methodologies such as driver-based budgeting (DBB), which is built upon the premise that important factors affecting the business will change. In fact, without software innovation, it’s likely that enterprise planning would still only be happening in very large companies.

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Insight Software

JUNE 30, 2021

This reduces the marginal cost of data collection and exponentially reduces implementation time. Collecting data and setting targets will further emphasize this culture. However, this performance metric is only useful if you can collect and interpret the data in a meaningful way. Create a company culture.

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Insight Software

APRIL 3, 2023

61% of organization leaders plan to implement process mining within the next year. It includes a comprehensive suite of ready-to-run processes like source to demand, contracts, schedule lines, shipments, requirements, workflow steps, and more, all connected in a robust relational data model.

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Insight Software

APRIL 26, 2022

Example Application #4: Innovators In Clinical Technology Add Advanced Analytics to Their Portfolios?. As is the case with many organizations in the industry, there are copious amounts of clinical trial data and use cases. The most innovative identify opportunities for growth and carry out integrations with ease. Dashboards.??.

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Insight Software

AUGUST 31, 2021

In fact, ZBB often results in innovations, helping the company to run more efficiently. ZBB Encourages Innovation. Zero-based budgeting also motivates managers to discover new ways to operate more efficiently, to innovate, and to cut costs in ways that don’t adversely affect their departments or lines of business.

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Insight Software

NOVEMBER 15, 2021

to non-traditional KPIs including reputational risk management, efficiency and effectiveness of processes, innovative use of technology, etc. It is one of the keys to the organization’s success–how effectively and efficiently are the various processes executed when implemented together. How to Compare Reporting & BI Solutions.

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Insight Software

JULY 6, 2022

Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Let’s take a look at how industries like yours are making use of data analytics tools to find patterns and derive insights from data. You just might be surprised at the innovation spanning each sector.

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Insight Software

JANUARY 3, 2023

We saw significant growth in our loyal customer base, who inspired us every day with innovative new ways to use our technology. This was bolstered by insightsoftware’s acquisition of Dundas Data Visualization, Inc., adding deeper functionality that has strengthened Logi’s self-service data analytics and visualizations.

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Insight Software

JUNE 22, 2023

As Timo Elliot, Innovation Evangelist at SAP so eloquently put it , “everybody has an opinion, but nobody knows, and you shouldn’t care.” Many providers use them interchangeably, but some use them in conjunction, claiming to offer both business intelligence and business analytics. This of course makes us wonder: what’s the difference?

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Insight Software

MAY 1, 2023

Software upgrades and maintenance are commonly included for an additional 15 to 30 percent annual fee. Services Technical and consulting services are employed to make sure that implementation and maintenance go smoothly. Developer Resources Internal developers should be included in the initial phase of implementation.

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Insight Software

MAY 18, 2022

A recent Gartner presentation predicts that “through 2022, the rapid innovation forced by the COVID-19 outbreak will accelerate the transition of 60 percent of organizations toward composable business…”. It is one of the top trends for enterprises to monitor, and will indeed change the nature of work in the not-too-distant future.

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Insight Software

AUGUST 25, 2021

Consider an organization that has developed an innovative new technology, for example. Because it forces managers to carefully consider what they are spending and how much value that spending produces, ZBB often results in new innovations, helping companies to run more efficiently. Driver-Based Budgeting.

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Insight Software

NOVEMBER 23, 2021

You rely on your CFO to be an innovator and strategist, but a recent survey has found that whilst CFOs aim to spend 50% of their time focusing on strategic initiatives, in reality this figure is closer to 25%. So, our question to you is: is your team doing everything it can to enable one of your most valuable assets?

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Insight Software

JULY 28, 2023

The focus on innovative technologies and digital transformation is helping businesses gain a competitive edge, while the lessons learned from the pandemic underscore the importance of adaptability and preparedness for future disruptions.

Finance 52

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Insight Software

NOVEMBER 8, 2021

Companies that implement DBB must initially engage in some introspection to identify these key business drivers, but when they do, it provides management with key insights as to their primary levers of control, as well as the important factors that fall outside of it.

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Insight Software

MAY 12, 2023

The digital revolution has sparked a wave of innovation as companies strive to meet consumers where they spend the most time — on web and mobile devices. To keep up with the demands that digital innovations place upon product markets, businesses are increasingly incorporating analytics into their products.

Embedded Analytics 52

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Insight Software

MAY 20, 2022

Take your data analysis to a whole new level with embedded analytics. Reach out to the tried and true and highly innovative. With their support, once you find that data nugget that changes the way you do business, your ROI will be proven many times over. Insightsoftware makes it their business to better yours.

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Insight Software

JANUARY 31, 2022

These stem from an executive-level vision for the organization, outlining the company’s aspirations for the medium and long term, and defining a clear path to achieve those goals. The best financial planning software supports these kinds of innovative approaches by providing a structured framework for alternate budgeting methodologies.

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Insight Software

JUNE 15, 2021

In small startups that are long on innovation and short on formal processes, you may be tempted to embark on the process of equity compensation reporting using Excel spreadsheets, hand-keyed data, and complex inline formulas. Avoid Messy Manual Processes.

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Data Pine

MARCH 31, 2022

Advanced vision and attention to detail: By its very nature, business intelligence is incredibly detail-oriented. You will need a great deal of forward-thinking vision and the ability to pay very close attention to detail to succeed in the fast-paced world of BI. The ability to innovate with computer science-centric competencies.

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