Insight Software

MARCH 23, 2024

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.

Government 52

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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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IBM Maintenance IBM cost Healthcare IBM Support 52

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

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. The PCAOB has the authority to take enforcement actions against audit firms that violate PCAOB standards, including fines, censures, or other disciplinary measures.

IBM Maintenance 52

IBM Maintenance IBM Support Government IBM cost 52

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.

IBM cost 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

IBM cost IBM Maintenance Finance IBM Support 52

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.

Government 52

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Insight Software

DECEMBER 11, 2023

Finance charges and interest expenses on loans and mortgages: Challenge : Accurately accounting for finance charges and interest expenses on loans and mortgages, critical for cash flow and profitability. Use the formulas for accurate calculations and recording of finance charges and interest expenses.

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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 20, 2023

Because they are not responsible for fulfilling everyday ad hoc analytics requests, technical teams — be they IT, Development, Support, or BI — have more time to devote to core responsibilities, mission-critical projects, and other tasks requiring their specialized skills. In many cases, this also lowers operational costs.

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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

JUNE 27, 2023

Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Use embedded analytics to monitor performance and detect trends without relying on IT. One of the biggest questions surrounding AI in finance is whether AI will eventually replace the finance function.

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Insight Software

JANUARY 30, 2024

Strong employee participation is more likely when the plan’s design aligns with your corporate vision. When designing your ESPP, take your cash flow, tax deductions, share depletion, and expenses into consideration. Consider your company’s identity and strategic goals, and make sure your ESPP reflects your culture.

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Insight Software

FEBRUARY 5, 2024

Powerful technology plays a key role in these efforts, as insight-enabled supply chain management allows early adopters to improve logistics costs by 15%, compared with slower-moving competitors. Unmask hidden inefficiencies: Analyze energy consumption patterns across operations to pinpoint costly carbon culprits.

Supply Chain 52

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Insight Software

AUGUST 24, 2023

This optimization leads to improved efficiency, reduced operational costs, and better resource utilization. Cost Optimization: The hybrid model allows finance teams to balance their expenses effectively. This strategy can help optimize costs by only paying for the resources that are truly needed.

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IBM Maintenance IBM cost Finance IBM Support 52

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

FEBRUARY 20, 2024

Angles for SAP and Proces Runner don’t just provide data, they deliver complete supply chain analysis transformation: Predicting demand with laser-sharp accuracy. Angles analyzes historical data and identifies emerging trends, enabling you to anticipate customer needs and optimize inventory levels.

Supply Chain 52

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Insight Software

SEPTEMBER 1, 2023

There are some differences to consider, but can be a valuable option to save time, resources and cost. Get a Demo SourceConnect enables faster, better, and more cost-effective SAP Central Finance implementations by enabling and streamlining third-party data integration. Are you ready to fully transform finance?

Finance 52

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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

Data Discovery Finance Healthcare IBM Expert 52

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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IBM Support IBM Maintenance Finance IBM Expert 52

Insight Software

DECEMBER 8, 2023

Process Runner GLSU provides the ideal blend of features for your SAP finance team while eliminating the need for lengthy internal development life cycles, budget overruns, and excessive support costs. GLSU improves efficiency and empowers users to create their own templates without leaning on IT.

Finance 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. Given the wide array of SAP reporting tools, it’s not surprising that many users feel frustrated by the complexity of the software and the dependencies that it creates for scarce IT resources.

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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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IBM Support IBM Maintenance Finance IBM cost 52

Insight Software

AUGUST 18, 2023

By streamlining complicated manual processes and making it easier for your staff to manage workloads, you’ll be able to keep costs down in the long run. For greater efficiency that will stretch your dollar further, consider finding a finance tech solution that fits with your organization’s unique needs.

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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.

IBM Support 52

IBM Support IBM Maintenance Data Warehouse IBM cost 52

Insight Software

APRIL 4, 2024

Dynamics 365 Cloud ERPs have a low initial cost thanks to the lack of upfront costs associated with hardware and installation; as a monthly subscription, however, the long-term costs can eventually surpass the price of an on-prem installation. Porting information can be a painful and expensive process.

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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

SEPTEMBER 1, 2023

For example, in an e-commerce application, predictive analytics can help anticipate spikes in traffic during specific events or seasons, allowing the team to scale server capacity accordingly. This prevents over-provisioning and under-provisioning of resources, resulting in cost savings and improved application 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. 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

APRIL 25, 2024

By ensuring the accuracy of accounts payable balances and expenses recorded in the accounting records, vendor reconciliation contributes to the accuracy of overhead figures reported on the income statement. How do you reconcile an expense account?

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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. Trust is a critical currency in modern data analytics. Just a Story, or The Truth?

Real-time Data 52

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Insight Software

APRIL 3, 2024

Cost Efficiency : Traditional consolidation processes often involve significant upfront investments in hardware, software, and IT infrastructure. Moreover, cloud computing offers economies of scale, reducing overall IT expenses and allowing you to pay only for the resources you use.

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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 typically have a high initial cost as you must purchase sufficient hardware to meet your team’s data storage and processing needs. Removing the need to migrate legacy data.

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IBM Maintenance IBM cost IBM Support Finance 52

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

NOVEMBER 2, 2022

Patrick takes Jane’s idea one step further, graphically displaying historical sales figures, then adding trendlines, superimposed with promotional expenses for the same period. Embedded Analytics Brings Data Storytelling to Any Application. Data storytelling is the future of analytics. The result? Download Now.

Data Visualization 52

Data Visualization Visualization Embedded Analytics IBM cost 52

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.

Data Management 52

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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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