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

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

OCTOBER 18, 2021

Instead of paying down debt, saving on interest expense, and preserving liquidity; its cash is committed to maintaining bloated levels of inventory. The “What” and “Why” of Demand Planning and Forecasting. It ensures that people have access to the products they need, while facilitating a profitable transaction for the retailer.

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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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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

JULY 2, 2021

FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. Creating agile scenario plans and rolling forecasts is simply not feasible in spreadsheets.

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Insight Software

NOVEMBER 8, 2021

One of the biggest challenges you’ll face when you migrate your data to a new enterprise resource planning (ERP) system is making sure it matches your old system. When you are planning an ERP migration, sizing up the tools and technologies that will enable or inhibit the success of your data migration is an important step in the process.

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Insight Software

OCTOBER 4, 2021

Historically, managers have shown a strong preference for maintaining minimal inventory levels. As noted, there may be some legitimate business reasons for maintaining higher levels of inventory, especially if further supply chain disruption is to be expected. Inventory Days of Supply. Inventory Turnover. for a month, quarter, or year.)

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Insight Software

DECEMBER 20, 2021

Effective capital planning is fraught with many of the same challenges as traditional profit and loss (P&L) budgeting. Enter capital planning software. Companies that use capital planning software benefit from having a consistent set of data for capex proposals that aligns to a common structure and format. Access Resource.

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Insight Software

JANUARY 31, 2022

Fourth quarter is the time of year when most organizations are looking to the future in earnest, gathering detailed information on the current year’s performance, assembling a wish-list for the road ahead, and kicking off the planning and budgeting process all over again. Driver-Based Budgeting and Planning: A Guide for Finance Teams.

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Insight Software

SEPTEMBER 24, 2021

If the world was fairly predictable, financial planning would be a relatively straightforward process. For many businesses, the idea of financial forecasting or planning based on last year’s numbers seems far less advisable than it was in the past. Today, financial planning and budgeting are more important than ever.

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Insight Software

APRIL 29, 2021

The traditional financial planning and analysis process (FP&A) is built around a “business as usual” presumption. In the first case, you can rely on financial plans as being fairly static and predictable. For business leaders, these two extremes call for very different approaches to financial planning and analysis (FP&A).

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Insight Software

FEBRUARY 23, 2024

It is a complex and challenging task that requires careful planning, analysis, and execution. An on-premise solution provides a high level of control and customization as it is hosted and managed within the organization’s physical infrastructure, but it can be expensive to set up and maintain.

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Insight Software

DECEMBER 23, 2021

Interfaces between operational systems (usually the general ledger) and the group reporting pack are frequently unautomated and depend on crude mapping tables, also maintained in spreadsheets, to marshal source data to its proper destination. So, there are plenty of opportunities for errors to creep into the financial reporting process.

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Insight Software

JULY 15, 2021

There’s another adage, often repeated by military leaders, that says “no plan of battle ever survives first contact with the enemy.”. questions, and building contingency plans to make their businesses more agile and responsive. There’s an old saying in the business world that “All forecasts are wrong.”

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Insight Software

FEBRUARY 4, 2022

In a nutshell, equity compensation is defined as non-cash remuneration that takes the form of stock options, restricted shares, employee stock purchase plans, and other vehicles that provide employees with an equity stake in the company. Managing Equity Compensation Plans. Different Forms of Equity Compensation.

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Insight Software

JUNE 25, 2021

If the labor cost and operating cost do not raise or fall proportionally, the government’s ability to deliver services or maintain a budget will diminish. Number of chronically homeless individuals : This KPI is a measure of success in implementation of programs aimed to reduce homelessness.

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Insight Software

AUGUST 27, 2021

Because a single API page or query extension can only serve a single designated purpose, the number of extensions can accumulate over a period of time and will require ongoing maintenance. That necessitates a lot of work by highly skilled technical experts, which translates to more time, money, and more ongoing maintenance.

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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.

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Insight Software

FEBRUARY 14, 2022

While investment in tax and transfer software has tended to lag that in core finance systems, adoption is maturing and pressure from the office of the CFO to implement digital tools is beginning to grow. Tax planning and reporting have risen to the top of the corporate agenda. Read how to elevate tax to a strategic function.

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Insight Software

JUNE 17, 2021

The company opted to implement Longview Transfer Pricing from insightsoftware in early 2020, just before the COVID-19 pandemic struck. This prompted the company to implement a software solution that would support the development of more effective processes, and allow a more proactive approach. Managing Data Integrity.

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Insight Software

JULY 20, 2021

The results of the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 clearly shows how implementing rolling forecasts helps organizations to improve both forecast speed and accuracy. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. Download Now: Click here to access resource.

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Insight Software

AUGUST 17, 2021

Since the UGT is updated only once a year, these changes are housed in a “ Pending Annual Updates ” page and incorporated into a development taxonomy that FASB maintains between official releases. Securities and Exchange Commission Release No. 33-10835; 34-89835, Update of Statistical Disclosures for Bank and Savings and Loan Registrants.

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Insight Software

OCTOBER 7, 2021

When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. This next section will help you identify which accounting KPIs you should be implementing at your company. What Makes the Best Accounting KPI Metrics?

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Insight Software

DECEMBER 3, 2021

Usually, these tasks are managed in a spreadsheet checklist, which is onerous to maintain in real-time and share between participants. They seek to automate data capture and maintain good control over different data sources and mapping tables. So, what do they do differently?

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Insight Software

MARCH 3, 2022

We’ve aligned ourselves with industry-specific software companies, including ISW, to make vendor selection easier and implementation successful for our customers. BizView is a recent offering by ISW that has a lot of potential to help business deliberately and strategically plan their growth. Access Resource.

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Insight Software

MAY 3, 2021

Then, you must maintain those customized reports and sometimes even modify them down the road. Because the standard reports included with Microsoft D365BC do not address all the operational reporting needs of organizations, finance teams must choose how to get the reports they need.

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Insight Software

MAY 21, 2021

For example, although we identified financial planning and analysis (FP&A) as the main function of 66 percent of finance professionals, only 46 percent of those engaged in this area felt that they were able to fully execute all of their tasks because: Manual processes are taking up too much time (49 percent).

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Insight Software

DECEMBER 17, 2021

For all the enthusiastic talk of digital transformation and automation, FSN’s research, “Agility in Financial Reporting and Consolidation,” shows that unless finance organizations repair their data, financial reporting will always lack agility which can severely hamper organizations’ response to change.

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Insight Software

SEPTEMBER 30, 2021

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. How to Build Useful KPI Dashboards. Download Now.

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Insight Software

JULY 21, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, organizations using zero-based budgeting are twice as likely to forecast accurately than those who don’t. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. Check out this infographic to discover the benefits of ZBB.

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Insight Software

JULY 16, 2021

The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. The results are extremely revealing. Download Now: Click here to access resource.

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Insight Software

JUNE 2, 2021

As organizations have come to understand that their success rests largely on their ability to use the data at their disposal to gain actionable insights and that many of those insights come from finance-related data, the need for value-added financial planning and analysis from the Office of Finance has never been greater.

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Insight Software

JULY 17, 2023

It aids banks in approving credit or detecting suspicious activity, e-mail providers in filtering spam, and retailers in predicting customers’ likelihood to churn out or purchase products. But predictive analytics is a complex capability, and therefore implementing it is also complicated and comes with challenges.

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Insight Software

SEPTEMBER 24, 2021

Maintaining Compliance. The company valuations, mentioned earlier, is a smaller subcategory of maintaining compliance. In the United States, maintaining compliance also means following ASC 718–a set of rules followed for reporting employee stock-based compensation. Digital/Electronic Equity and Asset Management.

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Data Pine

APRIL 16, 2019

By leveraging the wealth of digital insights available at your fingertips and embracing the power of business intelligence , it’s possible to make more informed decisions that will lead to commercial growth, evolution, and an increased bottom line. Download the list of the 11 essential steps to implement your BI strategy!

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Insight Software

JUNE 16, 2021

This measure highlights the upcoming income and, in conjunction with accounts payable, allows the company to accurately plan for its cashflow (i.e., Throughput can be increased by reducing equipment downtime, improving maintenance strategies, reducing the number of production steps, and many more. growth investments).

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