Insight Software

AUGUST 18, 2023

There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.

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Insight Software

MARCH 23, 2024

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. 5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue.

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Insight Software

JUNE 25, 2023

However, in order to thrive, they must also operate sustainably and mange costs. Much like other for-profit businesses, hospitals must keep track of their finances, optimize their operational practices, and provide a healthy work environment for their people. How to Choose the Most Impactful Hospital KPIs?

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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. SAP Central Finance is the KEY S/4HANA Deployment Option Are you still undecided on your path to move to S/4HANA? your peers and competitors) are already making their move to S/4HANA.

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Insight Software

MARCH 24, 2024

If the step above is meticulously applied, the non-profit will have cross-sectional metrics that include all departments, from Human Resources to Finance. These KPIs are grouped into five cross-sectional sets of finance, campaign, donor, growth, and people metrics. Therefore, a low overhead cost is more desirable.

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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

MAY 12, 2023

Both product analytics and embedded analytics fall into this tool category. Let’s look at how embedded analytics differs from product analytics, and why both are useful. Product Analytics Defined Product analytics tools help product teams and managers measure the success of their digital products.

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Insight Software

JUNE 23, 2023

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. 5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue.

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Insight Software

MAY 8, 2024

insightsoftware’s Logi Symphony, a leading embedded analytics solution, continues to impress. This recognition highlights Logi Symphony’s commitment to exceptional customer experience and its strong reputation within the BI and analytics industry.

Business Intelligence 52

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Insight Software

DECEMBER 11, 2023

Your finance and accounting teams need a stress-free and streamlined year-end close for your business. They need to be able to drill into journals, balances, sub-ledger accounting, and transactions to find and quickly fix reconciliation or data integrity issues, which can be maintained throughout. IRS Form 4562 and Schedule E).

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Insight Software

NOVEMBER 7, 2023

For most of the year, finance teams have been preparing for a recession that never quite reached the heights (or depths) heralded by the media. And while no one is disappointed, constantly waiting for the other shoe to drop has had a notable impact on finance leaders’ approach to, well, everything.

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Insight Software

JUNE 24, 2023

If the step above is meticulously applied, the non-profit will have cross-sectional metrics that include all departments, from Human Resources to Finance. These KPIs are grouped into five cross-sectional sets of finance, campaign, donor, growth, and people metrics. Therefore, a low overhead cost is more desirable.

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Insight Software

JULY 6, 2022

How do you control costs and also keep up with compliance? Check out how you can improve efficiency by leveraging two key embedded analytics capabilities, i.e., real-time data access and automation in you financial reporting. Want to learn more about how to promote business growth with analytics? You can’t do it alone.

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Insight Software

JUNE 27, 2023

You’ve probably heard about the disruptive effect of AI software on creative roles like graphic design and writing, but there’s been considerably less buzz about how potentially game-changing AI can be for finance roles. The Many Benefits of AI to Financial Planning AI is enabling finance professionals to make faster, accurate decisions.

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Insight Software

FEBRUARY 5, 2024

Additionally, inefficient dashboards and analytics hinder visibility into resource consumption patterns, making it difficult to pinpoint energy-intensive processes and implement resource-efficient measures. Flawed calculations can underestimate or overestimate emissions, obscuring your true environmental impact.

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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. This expansion of responsibilities is exacerbating the well-documented trend of finance team burnout, leading to undesirable turnover.

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Insight Software

MARCH 20, 2024

Your finance team is under pressure to make data-driven decisions that optimize financial health and fuel strategic growth. Traditional reporting methods often require technical skills to build queries and wrangle data, creating a bottleneck for finance teams who lack in-house expertise.

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Insight Software

FEBRUARY 20, 2024

As inflation and possible economic stagnation continue to be at the forefront of business leaders’ minds, implementing a digital transformation strategy is a growing way to combat those concerns. Potential disruptions become proactive opportunities for improvement, allowing you to react swiftly and maintain seamless operations.

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Insight Software

JUNE 20, 2023

This article will explore  self-service analytics in detail , covering use cases, proven benefits, common objections, and strategies for implementation. What Is Self-Service Analytics? Self-Service Analytics vs Self-Service Business Intelligence There is an ongoing debate around the relationship between analytics and BI.

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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

AUGUST 9, 2023

SAP develops some of the most powerful business applications in the world, but it often does so at the expense of simplicity. For users in finance and accounting, that kind of complexity generates some real-world disadvantages. Empower finance to work faster and smarter with powerful automation.

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Insight Software

MARCH 4, 2024

Visions of cost savings and efficiency gains dance in their minds. The Hidden Price Tag of Inefficient SAP Data Processing While the upfront cost of SAP is well-documented, the true cost of inefficient data processing within the system often lurks in the shadows. But the damage doesn’t stop there.

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Insight Software

JULY 13, 2023

Sage ERPs equip finance professionals with out-of-the-box reporting functionality as a level up from manual reporting, but what if you need more power to navigate through constantly changing regulations and market uncertainty? This costs valuable time, making the month-end close process stretch from days to weeks.

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Insight Software

JANUARY 30, 2024

When designing your ESPP, take your cash flow, tax deductions, share depletion, and expenses into consideration. While it’s vital to build your plan with your employees in mind, it’s equally important to develop it with your organization’s benefits in mind as well. You must be able to provide advantages on both sides.

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Insight Software

MAY 18, 2022

Composable analytics enables easy access and shareability across data environments. At the end of the day, businesses can enjoy cutting back on capital expenses. Why Composable Analytics Matter. Want a head start on analytics? Read our Hitchhiker’s Guide to Embedded Analytics.

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Insight Software

APRIL 4, 2024

If your business is currently using Microsoft Dynamics GP, Dynamics SL, Dynamics NAV, or Dynamics AX, the natural choice for your ERP upgrade will be Microsoft Dynamics 365 Business Central (D365 BC) or Dynamics 365 Finance & Supply Chain Management (D365 F&SCM).

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Insight Software

SEPTEMBER 1, 2023

Efficient Resource Allocation: Embedded predictive analytics can help the development team optimize resource allocation. By forecasting demand, identifying potential performance bottlenecks, or predicting maintenance needs, the team can allocate resources more efficiently. This can raise concerns about data privacy and security.

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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 are hosted and maintained by your IT department and typically can only be accessed via an in-office network connection or VPN remote connection.

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Insight Software

MAY 9, 2024

Data Loading : The transformed data is loaded into the destination system, such as a data warehouse , data lake, or another database, where it can be used for analytics, reporting, or other purposes. They are commonly used in scenarios such as fraud detection, predictive maintenance, real-time analytics, and personalized recommendations.

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Insight Software

FEBRUARY 23, 2024

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. Data warehouses can be complex, time-consuming, and expensive.

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Insight Software

APRIL 25, 2024

With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process. Your finance team will be able to establish effective, repeatable processes with custom templates, bulk journal entry updates, and automatic data validation from within Excel.

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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. The strain is especially palpable for finance professionals in the construction industry.

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Insight Software

APRIL 8, 2024

In today’s data-driven business environment, the finance team plays a critical role in transforming raw data into actionable insights that inform strategic decision-making. 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.

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Insight Software

SEPTEMBER 19, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. Finance teams, like yours, are expected to offer meaningful input on cloud investments. This saves time and cost by ensuring your existing reports continue to work after each upgrade.

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Insight Software

OCTOBER 11, 2023

Embedded analytics is a game-changer for software teams developing web-based applications. With enhanced security, customization, scalability, and user empowerment, embedded analytics is a true path forward for analytics teams seeking to thrive in today’s data-driven business landscape.

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Insight Software

JANUARY 24, 2024

Between soaring material costs and the impact of inflation, the construction industry has had to practice extra agility and resilience in recent years. In tight times, cost control takes center stage. When your everyday users don’t understand SQL, it leaves your finance team depending on spreadsheets for reporting.

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Insight Software

JANUARY 29, 2024

Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy. 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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