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Your Path to a Stress-Free, Successful Year-End Close in Real Estate and Property Management?

Insight Software

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. Your teams need near real-time views into property management data in MRI and Yardi, to enable faster financial and operational reporting.

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Financial Forecasts vs. Projections: 3 Essential Differences

Insight Software

Projection In a Nutshell : Projections outline financial outcomes based on what might possibly happen, whereas forecasts describe financial outcomes based on what you expect actually will happen, given current conditions, plans, and intentions. In this case, your analysis would be deemed a “forecast.”.

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Planning vs Forecasting: Four Key Differences

Insight Software

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

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11 Financial Model Examples & Templates for 2021

Insight Software

Enterprises actively use financial modeling to guide their financial planning and strategic decision-making. Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. Financial modeling can be quite handy in a number of situations.

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Four Benefits of Scenario Modeling in Excel

Insight Software

There’s another adage, often repeated by military leaders, that says “no plan of battle ever survives first contact with the enemy.”. questions, and building contingency plans to make their businesses more agile and responsive. Microsoft Excel is, of course, a very popular tool for that kind of analysis.

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From IT Dependence to Ad Hoc Reporting: Why and How

Insight Software

It’s an all-too-familiar scenario: You’re deep into the month-end closing process , and a recent change in the enterprise resource planning (ERP) system necessitates the modification of some of the key reports you rely on every month. Most accounting and ERP systems come with their own built-in report writers.