Insight Software

JUNE 25, 2023

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

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.

Embedded Analytics 52

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Insight Software

MARCH 24, 2024

Investments are the costs of running a variety of programs or marketing campaigns. Overhead costs : This metric is used by non-profits to signal accountability to stakeholders and donors. Overhead expenses are considered the administrative and logistics costs that the non-profit incurs to keep the organization running.

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Insight Software

JUNE 23, 2023

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. A rising ratio points to a potential expense mismanagement and must be immediately addressed. It signifies the credit quality of the government entity.

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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

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.

Supply Chain 52

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Insight Software

JUNE 24, 2023

Investments are the costs of running a variety of programs or marketing campaigns. Overhead costs : This metric is used by non-profits to signal accountability to stakeholders and donors. Overhead expenses are considered the administrative and logistics costs that the non-profit incurs to keep the organization running.

IBM cost 52

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Insight Software

DECEMBER 8, 2023

The aftershocks of pandemic disruption continue to put pressure on supply chains, increasing the need for robust oversight to maintain operational stability and customer satisfaction. Sustaining growth amidst economic uncertainty demands immediate, clear insights from your SAP data to inform strategic decision-making.

Finance 52

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Insight Software

NOVEMBER 7, 2023

CFOs will need to pursue a two-prong strategy, sustaining healthy revenue and reducing costs, to achieve financial stability and enhance investor confidence. Decreasing Operational Costs Reducing operational costs without reducing operational efficiency is key to driving profit in an uncertain market.

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Insight Software

DECEMBER 11, 2023

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. Use the formulas for accurate calculations and recording of finance charges and interest expenses. IRS Form 4562 and Schedule E).

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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.

Supply Chain 52

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Insight Software

JUNE 20, 2023

Self-service business intelligence tools make it possible for personnel across functions to perform analytics-related tasks themselves, dramatically reducing time to insight. This article will explore  self-service analytics in detail , covering use cases, proven benefits, common objections, and strategies for implementation.

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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 27, 2023

Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Rather than invest significant time and money into upfront AI training, there is an option that will allow your FP&A team to realize the benefits of AI implementation out of the box: Bizview from insightsoftware.

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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. There are some differences to consider, but can be a valuable option to save time, resources and cost. Survey results from SAPinsider show that the majority of SAP-run enterprises (a.k.a.

Finance 52

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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

AUGUST 18, 2023

Tasked with managing an organization’s financial status, strategy, and analyzing the business environment, professionals in the industry must maintain accuracy while struggling with outdated, manual processes, rapid digitization, and swiftly changing regulations. When a skilled employee walks out the door, the knowledge leaves with them.

Finance 52

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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

This lack of visibility can lead to missed opportunities for cost savings or uncovering financial risks. Your team can now analyze the interplay between different departments, identify hidden cost drivers, and uncover potential inefficiencies across the organization.

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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.

Embedded Analytics 52

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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. Similarly, SAPinsider’s recent survey found that nearly half of respondents who currently have no plans to move to SAP S/4HANA cite the complexity of using their existing implementation as the main reason.

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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.

Data Discovery 52

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Insight Software

JULY 13, 2023

This costs valuable time, making the month-end close process stretch from days to weeks. To complicate matters, 2023 Finance Team Trends Report reveals one quarter (24%) of finance teams find manual and time-consuming processes to be a key challenge.

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Insight Software

APRIL 4, 2024

Both D365 BC and D365 F&SCM are built with a cloud-first strategy and available in on-premises (on-prem) and cloud deployments, giving you the flexibility to choose the implementation that works best for your business needs, now and in the future.

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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.

Predictive Analytics 52

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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

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

APRIL 25, 2024

By reconciling bank statements with cash records, businesses can ensure that account activity is accurately recorded, identify any reconciliation discrepancies or unauthorized transactions, and maintain adequate cash balances to meet operational needs.

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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. Self-service BI – Empower Your Staff to Build Custom Analysis Angles for Oracle solution allows you to implement a true reporting environment in the least amount of time, and at the lowest cost.

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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

MARCH 6, 2024

Nearly half of the respondents (47%) reported increased value, cost savings, and greater resiliency at their organizations as a result of operating in the cloud. When profitability goals demand greater efficiency, cloud computing can help you manage and deliver projects while cutting non-essential costs. But where do you start?

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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

MARCH 24, 2024

For many businesses, there’s a belief that the process of implementing a new ERP system is the most challenging part of the process, but it’s really the process of choosing your new ERP. So, you’ve decided to move from an on-premises ERP system to Microsoft Dynamics 365 Business Central (D365 BC). That’s great news!

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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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Insight Software

JANUARY 24, 2024

With multiple contributors working on your annual report, it can be challenging to effectively track workflows and maintain version control. Prioritize quality control and internal review – Implement a robust internal review process before final report submission. Check and recheck your XBRL tags to ensure accurate tagging.

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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. Monitoring risks, tracking changing costs, and identifying new opportunities are lost in the maze of formulas and manual manipulations.

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