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. With so much information to sift through, it’s hard to know where to start. The ongoing cost of an on-prem software solution is roughly equivalent to one IT employee’s annual salary.

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Insight Software

FEBRUARY 23, 2024

Implementing a PIM or PXM* solution will bring numerous benefits to your organization, in terms of improving efficiency, increasing sales and conversions, reducing returns, and promoting customer loyalty through more accurate, more complete, and more engaging product content. Reduce internal production costs for each marketing channel.

E-Commerce 52

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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. But with so much information to sift through, it’s hard to know where to start. The result is a proprietary, multi-source data model for a single view of your business information.

IBM cost 52

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Insight Software

APRIL 25, 2024

While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. Internal Controls : Companies must establish and maintain internal control structures and procedures for financial reporting. Why do we need SOX compliance?

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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

SEPTEMBER 1, 2023

Using the information from predictive analytics can help companies—and business applications—suggest actions that can affect positive operational changes. Analysts can use predictive analytics to foresee if a change will help them reduce risks, improve operations, and/or increase revenue.

Predictive Analytics 52

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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

JANUARY 24, 2024

Missed filing deadlines, outdated information, and incorrect reporting can result in costly penalties and damage your reputation, jeopardizing your ability to secure a loan, close contracts, or expand operations. Prioritize quality control and internal review – Implement a robust internal review process before final report submission.

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Insight Software

APRIL 25, 2024

Importance of Reconciliation in Accounting Account reconciliation plays a crucial role in ensuring the accuracy, integrity, compliance, and transparency of financial information – factors which are essential for effective financial management, decision-making, and stakeholder confidence in the organization.

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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

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

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

MARCH 23, 2024

In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. They provide information that directly describes the government’s activities. A rising ratio points to a potential expense mismanagement and must be immediately addressed.

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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%. This will ensure a smoother migration.

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Insight Software

MAY 12, 2023

Now, sophisticated capabilities like adaptive security and write-back are taking analytics to new heights. With these advanced features, embedded analytics is transforming from a basic reporting tool to a powerful decision-making engine. It optimizes public cloud expenses by dynamically scaling resources to match demand.

Business Intelligence 52

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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

NOVEMBER 7, 2023

But with two data streams hybrid instances can be challenging to manage and maintain without the right tools. But with two data streams hybrid instances can be challenging to manage and maintain without the right tools.

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Insight Software

FEBRUARY 29, 2024

This lack of integration and version control further exacerbates the challenges, leading to missed details and outdated information. This fragmentation results in the lack of a reliable, single source of truth for budget data, making it challenging to maintain data integrity and consistency.

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Insight Software

APRIL 3, 2024

Real-time access to financial data grants deep insights, facilitating informed decision-making and risk identification. Real-time Visibility and Insights : Cloud applications offer real-time access to financial data, enabling informed decision-making.

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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

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

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

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

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.

IBM cost 52

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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. To maintain project timelines and customer relationships, while managing a lack of technical skills, construction businesses need a way to generate quick and accurate reports.

Finance 52

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Insight Software

JUNE 30, 2023

Here’s a look at the different transfer pricing methods these organizations can consider, as well as additional information to improve calculations that support this methodology. But that resale price is then adjusted by subtracting the gross margin, along with additional costs associated with the purchase.

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Insight Software

NOVEMBER 21, 2023

Data lakes make storing and harnessing large volumes of information easier and more efficient while reducing overall data storage costs. Data lakehouses leverage low-cost storage options underneath structured, more conventional databases. As a response to emerging technology, data lakes took off along with the rise of big data.

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Insight Software

JULY 24, 2023

Additionally, many decision-makers perceive cloud solutions as more expensive. Most companies say that the added costs of the cloud are offset by other savings, such as eliminating hardware and data center expenses. Resistance to change is common, and business technology leaders are not immune.

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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. What are the steps of data mapping?

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Insight Software

NOVEMBER 7, 2023

When extracting your financial and operational reporting data from a cloud ERP, your enterprise organization needs accurate, cost-efficient, user-friendly insights into that data. It trends more cost-effective compared to real-time solutions because it requires fewer resources. It is simpler and more predictable.

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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. Manually exporting data into static spreadsheets adds another roadblock–when reports are manually exported or input, information grows stale quickly.

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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. And using a single source of truth will allow you to streamline your tax activities and have more confidence in your data, all while reducing operational costs and risk.

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Insight Software

OCTOBER 26, 2023

If your finance team is using JD Edwards (JDE) and Oracle E-Business Suite (EBS), it’s like they rely on well-maintained and accurate master data to drive meaningful insights through reporting. They need confidence that master data, encompassing customer details, product information, and supplier data, is updated and error-free.

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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. Disconnected data sources and manual processes breed distrust, siloed feedback loops, and outdated information for decision making.

Supply Chain 52

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Insight Software

MARCH 24, 2024

If calculated, average donation not only sheds light on donor lifestyle, but it can also provide valuable information in regards to effectivity of a campaign. Investments are the costs of running a variety of programs or marketing campaigns. Non-profit organizations often utilize donations to pay for these overhead expenses.

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Insight Software

JULY 17, 2023

Embedded analytics offers users real-time, contextual analytics within their standard workflows to transform raw numbers into easily comprehensible and actionable business insights. She follows up a few days after the meeting, but by that point, the answers are so out of date her audience can’t do anything with the information.

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