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

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

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. By forecasting demand, identifying potential performance bottlenecks, or predicting maintenance needs, the team can allocate resources more efficiently.

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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

JULY 28, 2023

Demand for new capabilities: If your users demand advanced capabilities and self-service analytics, using basic dashboards and reports may lead to increased customer churn. They expect features like embedded self-service analytics, write-back, and workflow capabilities to seamlessly integrate with their other tools. So, now what?

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Insight Software

SEPTEMBER 1, 2023

The strain is especially palpable for finance professionals in the construction industry. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak. When it comes to hiring skilled finance teams, leaders are struggling to find new talent to replace recent retirees.

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Insight Software

FEBRUARY 28, 2022

Most operational reports are created for the finance and accounting departments, but other departments also require operational reports on a recurring basis, including sales, customer service, human resources, and marketing, to name a few. Finance Teams Create Recurring Operational Reports Frequently. Microsoft Power BI.

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Insight Software

NOVEMBER 7, 2023

If you are attracted to the advantages of Oracle ERP Cloud, but don’t have the resources to support a hard switch, then choosing a hybrid approach may hold many advantages. But with two data streams hybrid instances can be challenging to manage and maintain without the right tools.

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Insight Software

MAY 25, 2023

We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. One of the main things we’ve done recently is implement OCR technology for scanning our invoices.

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Insight Software

OCTOBER 21, 2022

They want their applications to connect the dots between the raw data maintained within their software systems and the actual meaning behind that information. Logi supports unlimited customization and white labeling, so you have total control to make the application uniquely your own.

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Insight Software

FEBRUARY 1, 2024

Ventana Research predicts that over two-thirds of business unit teams will enjoy immediate access this year to an integrated cross-functional analytics platform seamlessly embedded within their workflow activities and processes. Building and maintaining an advanced analytics solution takes time and significant manpower.

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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. As organizational priorities shift, so too do the priorities of finance teams.

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Insight Software

MAY 8, 2024

According to a recent Dresner Advisory Services’ Wisdom of Crowds® Business Intelligence Market Study, Logi Symphony has been recognized as a leader in the field. The Dresner Customer Experience Model maps metrics like the sales and acquisition process, technical support, and consulting services, against general customer sentiment.

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Insight Software

JUNE 13, 2022

Are those customizations already supported by Dynamics 365? What third-party services need to be integrated? When migrating to the cloud, there are a variety of different approaches you can take to maintain your data strategy. This is vital for maintaining security of sensitive financial and accounting data.

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Insight Software

SEPTEMBER 15, 2023

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. Organizations must weigh this long-term cost against the time and effort involved in maintaining an on-prem equivalent. Will transitioning to the cloud disrupt my business?

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Insight Software

MAY 6, 2024

Despite the transformative potential of AI, a large number of finance teams are hesitating, waiting for this emerging technology to mature before investing. According to a recent Gartner report, a staggering 61% of finance organizations haven’t yet adopted AI.

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Insight Software

JANUARY 11, 2024

Accuracy and consistency are two key challenges for your finance team tasked with wrangling disparate data sources into a compliant annual ESMA filing. The two most common options are hiring a third-party service provider or using a software solution like Certent Disclosure Management (CDM) to do it in-house.

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Insight Software

APRIL 30, 2021

That’s encouraging for finance leaders who want their teams to be involved in value-adding activities like detailed forecasting, competitor analysis, and advising business units on strategies to maximize revenue and profitability. Finally, reimagine the finance operating model so that it fosters new skills and capabilities.”.

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Insight Software

APRIL 15, 2024

Today’s finance teams are under more pressure than ever before. Finance is responsible not only for comprehensive financial and operational reporting, but also for accurate data analytics and precise accounting. More than 40% of finance leaders report that skills shortages are a major challenge to their productivity and efficiency.

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Insight Software

NOVEMBER 8, 2021

After all, most finance leaders know that migrating data from their old ERP and implementing a new ERP comes with the risk of being a costly, complex, and labor-intensive process that detracts from the actual work at hand. You’ll likely be like many organizations that realize this immediately after implementing the new ERP.

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Insight Software

JANUARY 19, 2024

As data grew in 2023, embedded analytics solutions scaled seamlessly to maintain performance, ensuring that analytical processes remain responsive and timely. Data Security : Again in 2023, we saw that ensuring data security in embedded analytics is crucial to protecting sensitive information and maintaining the trust of users.

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Insight Software

JUNE 20, 2023

Self-service analytics has been  a leading priority  in the business intelligence (BI) space for years and is likely here to stay. Self-service business intelligence tools make it possible for personnel across functions to perform analytics-related tasks themselves, dramatically reducing time to insight. What Is Self-Service Analytics?

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Insight Software

DECEMBER 2, 2022

Disruption is the name of the game, and for finance leaders to stay competitive in this turbulent new era, they’ll need a clear vision for how to move forward. Cloud-compatible reporting tools will allow finance teams to shrink reporting cycles and deliver faster results. Cloud Integration Will Change Resource Needs.

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Insight Software

DECEMBER 5, 2023

It provides a graphical comparative positioning of technology and service providers with high market growth and product differentiation. Gartner uses an upper limit of 20 providers to support the identification of the most relevant providers in a market. Administration functionality necessary to support planning activities.

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Insight Software

OCTOBER 14, 2022

Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Sub-par customer service. If they keep this data siloed, then Procurement and Finance would not know to order more units or build that capacity in future budgets.

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Insight Software

MAY 21, 2021

In the recently released insightsoftware 2021 Finance Team Trends report , survey respondents from North America and EMEA revealed some of the top challenges facing finance teams: Lack of time to spend on analysis. There is a common theme among all these challenges, an underlying obstacle to success for the Office of Finance.

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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. Resale-Minus The resale-minus method bases its pricing on the resale price of a product or asset sold to a third party.

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Insight Software

MAY 9, 2024

An effective budgeting and planning (B&P) process has always been a team sport for finance departments and their stakeholders. Traditionally, finance teams like yours primarily relied on internal data sources like ERP systems. Collaboration isn’t just about internal communication within the finance department anymore.

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Insight Software

MAY 9, 2024

Data pipelines support data science and business intelligence projects by providing data engineers with high-quality, consistent, and easily accessible data. Monitoring and Maintenance : Data pipelines need to be monitored and maintained to ensure they are running smoothly and efficiently, with error handling and data validation in place.

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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

AUGUST 24, 2022

Finance teams are taking on new challenges and responsibilities in light of the uncertain economic climate that surfaced in the wake of the global pandemic, supply chain disruptions, price inflation, and the wholesale workforce exodus known as the “Great Resignation.”. The Relationship Between Finance and IT.

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Insight Software

MAY 1, 2023

Embedded analytics are a set of capabilities that are tightly integrated into existing applications (like your CRM, ERP, financial systems, and/or information portals) that bring additional awareness, context, or analytic capability to support business decision-making. The Business Services group leads in the usage of analytics at 19.5

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Insight Software

NOVEMBER 30, 2023

Developers have made strides within their software to support accessibility features and third-party tools to make their applications more accessible when users have some physical impairment. Luckily for software vendors, these standards overlap. Organizations can attain Section 508 by meeting WCAG 2.0 Level A and A.A.

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Insight Software

JANUARY 29, 2024

Cloud migration and support are top-of-mind for worldwide organizations–this year, cloud computing is forecast to surpass $1 trillion worldwide for the first time. Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy.

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Insight Software

MARCH 13, 2024

While Microsoft Dynamics is a powerful platform for managing business processes and data, Dynamics AX users and Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) users are only too aware of how difficult it can be to blend data across multiple sources in the Dynamics environment.

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Insight Software

MARCH 6, 2024

To achieve profitability, finance teams for project-based businesses must navigate tight budgets while staying on top of cash. Knowing where and how to cut costs is intimidating to even the most experienced finance teams. This drastically reduces or eliminates the need to maintain expensive hardware that quickly becomes outdated.

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Insight Software

OCTOBER 12, 2023

Microsoft Dynamics 365 Business Central and Dynamics 365 Finance and Supply Chain Management both deliver a solid platform for companies to organize, analyze, understand, and manage their financial data. To provide a comprehensive operational report, finance teams often need to combine data from CRMs and other business tools.

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