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.

Planning 52

Planning IBM Support IBM cost IBM Maintenance 52

Insight Software

DECEMBER 20, 2021

Effective capital planning is fraught with many of the same challenges as traditional profit and loss (P&L) budgeting. Departments request budget allocations, usually with some promised benefits attached, and managers must sort through those various proposals and ferret out the ones that most strongly support the company’s objectives.

Planning 52

Planning IBM Support IBM Maintenance Supply Chain 52

Insight Software

OCTOBER 18, 2021

The “What” and “Why” of Demand Planning and Forecasting. To allocate assets effectively and operate more efficiently, supply chain managers have turned to the science of demand planning and forecasting. It ensures that people have access to the products they need, while facilitating a profitable transaction for the retailer.

Supply Chain 52

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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.

Planning 52

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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.

Planning 59

Planning IBM Support IBM Maintenance Finance 59

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.

Planning 52

Planning IBM Support IBM cost IBM Maintenance 52

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

JULY 28, 2023

Nowhere is this ability more important than in the retail and food & beverage sectors. Because retail and food service businesses are uniquely positioned within the market landscape, the need for a reliable budgeting and planning process is crucial.

Retail 52

Retail IBM Support Planning Supply Chain 52

Insight Software

AUGUST 25, 2021

For example, if company leadership plans to roll out a new product, they may allow for a higher than normal increase in marketing expenditures. From there, ABB defines the necessary resources and activity levels required to support those objectives. Fortunately, technology is making planning and budgeting easier than ever before.

IBM cost 98

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Insight Software

JUNE 25, 2021

Therefore, without understanding and evaluating KPIs, governments cannot fulfill their commitment to responsible spending and transparency, and the public cannot verify if the required services are being adequately performed. For the public sector, financial and service KPIs should have a higher weight than other metrics. Learn More.

Government 104

Government IBM Maintenance IBM cost IBM Support 104

Insight Software

JUNE 24, 2021

Tracking this metric will help the non-profit better grasp the affinities of its supporters. Some non-profit organizations prompt their audience to pledge their support to a certain cause before collecting donations. This metric measures the follow-through of the supporters of this type of campaign. Download Now.

IBM cost 98

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Insight Software

JULY 1, 2021

Whether it’s a statement balance from your largest vendor or a response from an internal department head regarding an expense accrual, waiting for answers can be one of the more frustrating aspects of your accounting month-end close procedures. Improve Visibility to Information.

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Insight Software

NOVEMBER 15, 2021

Excluding income tax, the other direct and indirect taxes such as property tax, sales tax, use tax, goods and services tax (GST), and finally, value-added tax (VAT), can be a large portion of the tax cost. If the technological enhancements entail the procurement of better data, then it can help support the organization’s tax positions.

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Insight Software

AUGUST 23, 2021

If you offer equity compensation to your employees, or if you plan to, then you will need a 409A valuation. Companies also have the option of outsourcing 409A valuation reports to an independent third party. In essence, the IRS has provided a framework for establishing market value. 409A Reporting Requirements.

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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 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

FEBRUARY 28, 2022

Operational reporting, sometimes referred to as business reporting, involves pulling data from enterprise resource planning (ERP) solutions and other internal business systems to illuminate the day-to-day operations of an organization. More importantly, what would it take to turn that dissatisfaction into satisfaction?

Finance 98

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Insight Software

MAY 10, 2021

Financial reporting, operational reporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. Improving tax planning processes. They are allocating budget to the task, however.

Finance 98

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Insight Software

JUNE 30, 2021

Here are some of the ways in which our software can streamline your reporting process: Interface with other services. This CEO performance metric is commonly used by professional services and consulting firms to track how billable employees are. Every company dreads implementing new systems as it leads to downtime and overhead costs.

IBM cost 106

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Insight Software

JUNE 17, 2021

This prompted the company to implement a software solution that would support the development of more effective processes, and allow a more proactive approach. This meant it was extremely difficult to effectively measure year-on-year or period-by-period changes. Managing Data Integrity. Adopting Key Principles.

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Insight Software

JANUARY 24, 2022

Although political and socioeconomic unrest continues, a behind-the-scenes agreement on a standard corporate tax rate and the move towards a tax regime better suited to the digital age has established new parameters for the future. Tax is playing a critical role in these developments.

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Insight Software

SEPTEMBER 28, 2021

The European Union (EU) was quick to adopt IFRS, and in the ensuing years, China, Japan, Canada, Korea, and India all announced plans to move closer to IFRS, and eventually to make a wholesale transition to the new standards. Plan Ahead for the Transition. Here are some tips for success. Success Tip 1.

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Insight Software

DECEMBER 23, 2021

In fact, the research finds that the reporting process is slower and less agile than the roughly comparable process of planning, budgeting, and forecasting. Evidently, an inconvenient knock-on effect of data errors in financial reporting is that they have the potential to slow down broader performance reporting as well.

Data Quality 98

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Insight Software

NOVEMBER 2, 2021

This network consists of manufacturers, vendors, warehouses, transportation, distribution centers, and retailers. Since there is always a cost associated with keeping items in inventory (cost of carrying inventory), it’s important for supply chain management to have a plan of action in place if and when unpredictable changes happen.

Supply Chain 52

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Insight Software

JULY 19, 2021

409A valuation is an independent appraisal of the fair market value performed by an outside party on behalf of unlisted or private companies and startups that offer stock options to key employees. The insightsoftware team offers a valuation service that calculates fair value for private companies. Contact us today for a free demo.

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Insight Software

SEPTEMBER 20, 2021

Unfortunately, the standard out-of-the-box reports that come with most enterprise resource planning (ERP) systems are simply inadequate to the task of preparing a strong packet for your board of directors. Here are the key factors you should consider when seeking the best board reporting software for your organization.

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Insight Software

DECEMBER 11, 2023

Unearned income from tenants: Challenge : Accurately accounting for unearned income from tenants, particularly in commercial and retail spaces with advanced rent payments or lease incentives. Support all closing needs to be confident that decisions are based on consistent, reliable, and accurate information.

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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.

Finance 52

Finance IBM Maintenance IBM Support Supply Chain 52

Insight Software

NOVEMBER 16, 2021

Delivery services are essential in creating a positive experience for your customers. Time to Fill Open Positions: This metric gauges the quality and effectiveness of business planning and recruitment processes. Delivery Logistics KPI Examples. Delivery is the last step of the logistics process.

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Insight Software

FEBRUARY 2, 2022

A budget is a financial plan for a specific period of time, typically covering one complete fiscal year. Generally speaking, budgets represent an unfolding financial reality that a company’s managers hope will come to pass, or to put a more optimistic spin on it, the budget represents management’s plans and intentions.

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Insight Software

DECEMBER 13, 2021

Certent Equity Management (EM) can help you overcome these obstacles by offering everything you need to manage, administer, account for, and report on equity compensation plans so you can streamline your equity management , tighten compliance, minimize risk, and improve your productivity. Certent EM administration services is that town car.

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Insight Software

MARCH 2, 2022

Similar to the process of financial reporting, companies or organizations produce ESG reports to provide a summary of both qualitative and quantitative disclosures that are supported by an analysis of their performance across the three sectors. EU Taxonomy Regulation.

IBM Maintenance 59

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Insight Software

NOVEMBER 8, 2021

Driver-based budgeting (DBB) is a planning and budgeting process that focuses on the key variables that most dramatically impact business performance and ties budget numbers to the physical resources necessary to achieve targets for each of those variables. Driver-Based Budgeting and Planning: A Guide for Finance Teams.

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Insight Software

SEPTEMBER 22, 2021

Projection In a Nutshell : Projections outline financial outcomes based on what might possibly happen, whereas forecasts describe financial outcomes based on what you expect actually will happen, given current conditions, plans, and intentions. This time, the analysis is based on actual plans and conditions as they are known today.

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Insight Software

SEPTEMBER 30, 2021

Like many other service providers, hospitals depend on their customers (patients) to run their business. A successful hospital runs efficiently, provides life saving services and plays a valuable role in driving public health measures. However, in order to thrive, they must also operate sustainably and mange costs.

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Insight Software

JUNE 15, 2021

The reporting exists to support the recognition of compensation expenses. The simpler “straight-line” method allocates the value of a grant evenly over the service period to which the grant applies. If a grant vests over three years, for example, then you would allocate one-third of the total cost in each year. Plan for Scale.

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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. Predictive analytics has become much more prevalent over the past few years.

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