Insight Software

NOVEMBER 28, 2023

As businesses navigate the ever-changing landscape of tax regulations, they face the ongoing challenge of increasing productivity while minimizing costs. In this digital era, the rising need for technical data skills has become indispensable for tax professionals looking to do more with less.

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Insight Software

SEPTEMBER 28, 2021

The rationale for using LIFO is that the cost of goods sold will more accurately reflect the cost of replacing inventory on hand, especially where prices may be particularly volatile. GAAP dictates that you carry fixed assets at their original cost, net of accumulated depreciation. Development Costs.

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Insight Software

APRIL 25, 2024

By ensuring the accuracy of accounts payable balances and expenses recorded in the accounting records, vendor reconciliation contributes to the accuracy of overhead figures reported on the income statement. To learn more, contact us today for a free demo. Our financial reporting solutions bring speed and agility to period-end closings.

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Insight Software

MARCH 4, 2024

In the face of accelerating digital transformation, technology teams managing SAP systems face a complex data processing landscape. Visions of cost savings and efficiency gains dance in their minds. While SAP remains a cornerstone ERP solution for countless businesses, its intricate structure poses daunting challenges.

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Insight Software

JUNE 21, 2021

Bodies from the Organization for Economic Co-operation and Development (OECD) to the International Monetary Fund (IMF) have pledged to modernize the global tax system, pointing out that the regimes currently in place are out of step with the digital era. The Digital Transformation of Tax Administration. Book a demo, or drop us a line.

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Insight Software

JANUARY 30, 2024

Strong employee participation is more likely when the plan’s design aligns with your corporate vision. When designing your ESPP, take your cash flow, tax deductions, share depletion, and expenses into consideration. Check out our blog or schedule a demo today. Design your ESPP around its features.

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Insight Software

FEBRUARY 29, 2024

Not only does Power ON’s Budget Planner simplify the budgeting process, but it also creates efficiencies and decreases costs. Schedule a demo today to witness how Power ON’s Budget Planner can transform your organization’s budgeting experience.

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Insight Software

MAY 12, 2023

As the digitization wave crashes over a post-pandemic market, many organizations are taking stock of their data tools and finding them lacking in comparison to other more modern solutions available. In short, containerization has become a go-to strategy for organizations to thrive in today’s digital landscape.

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Insight Software

NOVEMBER 7, 2023

Now, as we head into 2024, CFOs continue to seek balance and efficiency through digital transformation. CFOs will need to pursue a two-prong strategy, sustaining healthy revenue and reducing costs, to achieve financial stability and enhance investor confidence.

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Insight Software

SEPTEMBER 15, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. On-prem ERPs typically have a high initial cost as you must purchase sufficient hardware to meet your team’s data storage and processing needs. Removing the need to migrate legacy data.

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Insight Software

FEBRUARY 23, 2024

Faster Time-to-market Completing product information with rich descriptions, full attribution, and multiple digital assets is often done on-the-fly as products are finalized for launch. Reduce internal production costs for each marketing channel. Personalize and target your messaging to further improve engagement and conversion rates.

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Insight Software

DECEMBER 22, 2020

Expense Ratio. Taken by dividing the total cost of expenses by the total amount of revenue, the expense ratio indicates how much it costs to earn a single dollar. Decision-makers need to know what the expense ratio is at all times and whether it’s rising or falling. Cost Per Quote.

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Insight Software

DECEMBER 11, 2023

Finance charges and interest expenses on loans and mortgages: Challenge : Accurately accounting for finance charges and interest expenses on loans and mortgages, critical for cash flow and profitability. Use the formulas for accurate calculations and recording of finance charges and interest expenses.

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Insight Software

FEBRUARY 8, 2023

This long-term relationship is known as broker “lock-in” and has the potential to cost you dearly in the long-run. If you experience poor service from your broker or market conditions demand you switch, a broker agnostic equity management platform will greatly reduce the cost and effort involved. Not cost burdens down the road.

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Insight Software

JUNE 28, 2022

The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability. Many have shifted to digital models that enable them to more easily analyze data in detail. Overcoming Transfer Pricing Challenges in the Digital Age.

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Insight Software

MAY 8, 2024

Top BI objectives were better decision making and efficiency/cost and revenue goals. Among other findings, the report identifies operations, executive management, and finance as the key drivers for business intelligence practices. The most popular BI initiatives were data security, data quality, and reporting.

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Insight Software

AUGUST 25, 2021

Interest expense on an amortized loan, for example, will steadily increase over time as the principal portion of each payment declines. In a few cases, managers may be aware of expense categories that will sharply decline or go away altogether. To learn more, contact us to arrange a free demo. Zero-Based Budgeting.

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Insight Software

MAY 23, 2024

This cuts costs and speeds up product go-to-market. Time is money, and if your team is spending it on maintenance, they could be missing out on more proactive initiatives that increase your business’s cash flow. In this way, an embedded analytics solution can enable your business to monetize faster and more efficiently over time.

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Insight Software

JULY 13, 2023

Have A Single Version of the Truth Gathering and formatting data from multiple sources costs precious time and resources that can be better spent on value-add activities. Request your personalized demo today. Get a Demo Live demo tailored to your business requirements with no high-pressure sales pitch.

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Insight Software

FEBRUARY 15, 2022

Let’s examine some of these methods: Zero-based budgeting (ZBB) dictates that you should build budgets from the ground up, with relatively little attention paid to prior years’ revenue and expense numbers. In some respects, PBB is similar to ZBB insofar as it requires that expenses be justified. That inevitably takes time.

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Insight Software

JUNE 30, 2023

Cost-Plus When no market price is available to serve as a basis for pricing, organizations can use the cost-plus transfer pricing method to set a price by calculating the standard cost of delivering the relevant goods, and adding on top of that price a standard profit margin.

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Insight Software

JUNE 15, 2021

Unfortunately, at the time that so many tech startups were springing up in the early 2000s, accounting practices related to the expensing of equity-based compensation were not well standardized. Many emerging companies, in their zeal to appear as profitable as possible, chose not to recognize such expenses at the time they were incurred.

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Insight Software

NOVEMBER 18, 2022

And without the need for expensive business intelligence tools or IT projects. If business units are structured differently across each region, then individual profit centres and cost centres will need to be presented in ways that suit the needs of regional management. Get a Demo. Regional Reporting. What to expect.

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Insight Software

AUGUST 31, 2021

Although ZBB represents a significant change in the way finance teams create budgets, it has some distinct benefits, especially for organizations seeking greater agility and cost efficiencies. The zero-based approach requires that budget owners justify every expense. Zero-based Budgeting Focuses on Needs. ZBB Encourages Innovation.

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Insight Software

APRIL 8, 2024

The High Cost of Data Silos Fragmented data across these systems makes it challenging to gain a holistic view of your organization’s financial performance. This reliance on manual data movement also reduces overall efficiency and increases operational costs for your finance team.

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Insight Software

JULY 1, 2022

Click here to arrange a demo and see if Angles for SAP is right for your business. Click here to arrange a demo and see if Angles for SAP is right for your business. Get a Demo. Live demo tailored to your business requirements. Absolutely flabbergasted. We’ve managed to improve our data integrity by major, major steps.”.

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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. Visit our website  to schedule a demo and learn how your team can bridge the gap between its SAP data and Excel. It’s no surprise that 82.4%

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Insight Software

JULY 6, 2022

How do you control costs and also keep up with compliance? 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. Watch a demo of our low-code solution, Logi Composer. Demo Logi Composer. Download Now. Life Sciences.

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Insight Software

JUNE 27, 2023

Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. If you’d like to see how Bizview’s built-in AI capabilities can help your FP&A team achieve greater accuracy with fewer resources, schedule a demo today.

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Insight Software

APRIL 10, 2023

Thanks to skills shortages on finance teams, there is significant need for training and development and for progress toward digitization and automation. Finance leaders who wish to cut costs without losing the skills short-term hires provide should look for software that can supply the same or similar skills via automation.

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Insight Software

SEPTEMBER 1, 2023

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. Increase the accuracy of tracking historical job costs while enabling your finance team to more efficiently oversee financial health, profitability, and other operational expenses.

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Insight Software

SEPTEMBER 1, 2023

There are some differences to consider, but can be a valuable option to save time, resources and cost. Get a Demo SourceConnect enables faster, better, and more cost-effective SAP Central Finance implementations by enabling and streamlining third-party data integration. Are you ready to fully transform finance?

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Insight Software

MAY 2, 2022

During this process, you notice that maintenance and repair expenses were especially high in June and July. Before you can determine a budget for next year’s maintenance and repair costs, you’ll need to investigate further. Double-click that number, and you’ll see all of the detailed transactions that comprise that expense line.

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Insight Software

FEBRUARY 5, 2024

Powerful technology plays a key role in these efforts, as insight-enabled supply chain management allows early adopters to improve logistics costs by 15%, compared with slower-moving competitors. Unmask hidden inefficiencies: Analyze energy consumption patterns across operations to pinpoint costly carbon culprits.

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Insight Software

FEBRUARY 2, 2023

KPIs, such as net profit margin or cost of goods sold, are measured on a monthly, quarterly, or yearly basis. Safety incidents lead to mounting costs, including increased insurance payments and settlements. Request a demo today. KPIs measure performance toward achieving your strategic goals or objectives. Want to learn more?

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Insight Software

MARCH 25, 2024

However, in order to thrive, they must also operate sustainably and mange costs. 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. How to Choose the Most Impactful Hospital KPIs?

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Insight Software

MARCH 18, 2022

Organizations frequently find that many of their best people are spending excessive time on tedious, repetitive manual processes, such as reconciling expenses, stitching together data to create variance analysis reports, or validating that a journal entry posting matches up to the budget. I'd like to see a demo of insightsoftware solutions.

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