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. Virtually everyone, including those experienced number-crunchers, prefer a more meaningful presentation of the data and what it represents.

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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

MAY 25, 2023

One of the main things we’ve done recently is implement OCR technology for scanning our invoices. There are accounts where 90% of the reconciliation process can be automated, meaning his team only needs to action 10% of the reconciliation, thus saving an enormous amount of time and enabling a leaner team to maintain capacity.

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Insight Software

FEBRUARY 28, 2022

Operational reporting, sometimes referred to as business reporting, involves pulling data from enterprise resource planning (ERP) solutions and other internal business systems to illuminate the day-to-day operations of an organization. Finance Teams Create Recurring Operational Reports Frequently. What Is Operational Reporting?

Finance 98

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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

MARCH 23, 2024

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. If the labor cost and operating cost do not raise or fall proportionally, the government’s ability to deliver services or maintain a budget will diminish.

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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

DECEMBER 5, 2023

insightsoftware is thrilled to be recognized as a Niche Player in Gartner’s 2023 Magic Quadrant (MQ) for Financial Planning Software. Earning a place in this MQ is a testament to our commitment to delivering the best budgeting and planning solutions for our customers. What is the Gartner Magic Quadrant?

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Insight Software

AUGUST 24, 2023

Overall, nearly two-thirds of senior executives stated their businesses have accelerated their plans to migrate to the cloud. Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud. Thus, finance data remains on-premises.

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Insight Software

JUNE 25, 2023

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. These KPIs are grouped into 5 divisions of finance, operations, quality of care, public health, and people metrics.

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Insight Software

JULY 28, 2023

To find out more about the state of Finance in 2023, insightsoftware partnered with Hanover Research to survey accounting and finance decision-makers on the most pressing trends of the year. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA.

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Insight Software

FEBRUARY 14, 2022

Finance teams have played a leading role in the adoption of technology to transform previously inefficient manual or spreadsheet-based processes. Tax planning and reporting have risen to the top of the corporate agenda. We must now work swiftly and diligently to ensure the effective implementation of this major reform.”

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Insight Software

JUNE 25, 2021

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. If the labor cost and operating cost do not raise or fall proportionally, the government’s ability to deliver services or maintain a budget will diminish. Financial KPIs for the Government.

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Insight Software

APRIL 26, 2022

Today’s finance teams are under more pressure than ever before. Finance is responsible for knowing where their business stands today, and also for mapping out the road ahead. Finance departments must guide their organizations into the future, even as the ground continues to shift beneath their feet.

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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

JULY 28, 2023

There’s no way to globally manage security with components, which means you’ll have to implement and maintain security separately and consistently for every component you use. Developing and maintaining homegrown analytics diverts focus from their core application. Your vision is clear.

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Insight Software

AUGUST 12, 2022

As the strategic role of finance teams continues to evolve, the Office of the CFO faces many new responsibilities. Resource allocation, however, does not always grow in tandem with those responsibilities, leading to scalability challenges for finance teams tasked with doing more with fewer resources. Here’s what the research revealed.

Finance 52

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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. If the labor cost and operating cost do not raise or fall proportionally, the government’s ability to deliver services or maintain a budget will diminish.

Government 52

Government IBM Maintenance IBM cost IBM Support 52

Insight Software

APRIL 10, 2023

Finance teams today are facing unique challenges as they adapt to the post-pandemic landscape. Between layoffs and furloughs directly caused by the COVID-19 pandemic and the Great Resignation that followed, finance leaders are now dealing with a growing gap in the skills needed for their teams to successfully complete essential tasks.

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Insight Software

SEPTEMBER 30, 2021

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. These KPIs are grouped into 5 divisions of finance, operations, quality of care, public health, and people metrics. How to Build Useful KPI Dashboards.

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Insight Software

SEPTEMBER 24, 2021

If the world was fairly predictable, financial planning would be a relatively straightforward process. For many businesses, the idea of financial forecasting or planning based on last year’s numbers seems far less advisable than it was in the past. Finance Plays a Pivotal Role. Finance Plays a Pivotal Role.

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Insight Software

OCTOBER 18, 2021

Instead of paying down debt, saving on interest expense, and preserving liquidity; its cash is committed to maintaining bloated levels of inventory. The “What” and “Why” of Demand Planning and Forecasting. The Four Elements of Demand Planning. Successful Demand Planning and Forecasting.

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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.

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Insight Software

MAY 6, 2024

SAP Integrated Business Planning (IBP) and AI-powered Data Cleansing If your team is working in an SAP environment, you may be interested in SAP’s Integrated Business Planning (IBP) which offers compelling, built-in AI capabilities. It translates complex SAP data formats into a user-friendly language with clear business terms.

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Insight Software

NOVEMBER 8, 2021

One of the biggest challenges you’ll face when you migrate your data to a new enterprise resource planning (ERP) system is making sure it matches your old system. When you are planning an ERP migration, sizing up the tools and technologies that will enable or inhibit the success of your data migration is an important step in the process.

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Insight Software

FEBRUARY 1, 2024

Building and maintaining an advanced analytics solution takes time and significant manpower. Instead of spending extra hours maintaining the analytic code base in Youmanage’s homegrown reporting solution, Youmanage decided to free up their team by investing in an analytics development platform.

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Insight Software

JUNE 30, 2021

A CEO can’t make large decisions that will impact the future of the company without taking finances into consideration. This reduces the marginal cost of data collection and exponentially reduces implementation time. This is where a KPI dashboard can be implemented to streamline and automate the data collection and processing.

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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

DECEMBER 22, 2021

As a result, strategic workforce planning is garnering considerable attention today, and workforce planning software is in high demand. Workforce planning means analyzing a company’s existing staffing levels, then anticipating and planning for future needs. Workforce planning is also about the short and medium term.

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Insight Software

APRIL 18, 2024

While maintaining the core functionality of your offering is essential, neglecting these differentiating features can negatively impact customer retention. But implementation can be a major growing pain for organizations that can’t afford a gap in operations. Embedded analytics offers a strategic solution to this challenge.

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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

JULY 6, 2022

Some attest to having shrunk planning, reporting, and close cycles by as much as 50%. Imagine what you can accomplish by leveraging data discovery in these key areas: Financial Planning & Analysis: Real-time data at your fingertips means action can be taken to adjust plans in response to the ever-changing marketplace events.

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Insight Software

DECEMBER 20, 2021

Effective capital planning is fraught with many of the same challenges as traditional profit and loss (P&L) budgeting. Enter capital planning software. Companies that use capital planning software benefit from having a consistent set of data for capex proposals that aligns to a common structure and format. Access Resource.

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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

MARCH 4, 2024

Maintaining data integrity and adhering to regulations require meticulous attention to detail, adding another layer of complexity to the already challenging data management landscape. Say goodbye to complex ABAP coding and lengthy SAP implementations. Data governance and compliance become a constant juggling act.

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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

FEBRUARY 5, 2024

Improper load optimization: Often caused by inefficient planning and inadequate utilization of cargo space, leading to poor transportation efficiency such as half-full containers. Optimize for a greener future: Leverage insights to implement resource-saving technologies, optimize logistics, and source from sustainable suppliers.

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