article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Insight Software

While maintaining the core functionality of your offering is essential, neglecting these differentiating features can negatively impact customer retention. Infrastructure costs. Concerns over high infrastructure costs for self-hosting BI and analytics for your applications can stifle growth. Here’s how. Security concerns.

article thumbnail

What is Account Reconciliation?

Insight Software

By reconciling bank statements with cash records, businesses can ensure that account activity is accurately recorded, identify any reconciliation discrepancies or unauthorized transactions, and maintain adequate cash balances to meet operational needs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unified Data Clears the Roadblocks of Your Hybrid Cloud Journey

Insight Software

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.

article thumbnail

Top 10 Supply Chain Management KPIs

Insight Software

Historically, managers have shown a strong preference for maintaining minimal inventory levels. As noted, there may be some legitimate business reasons for maintaining higher levels of inventory, especially if further supply chain disruption is to be expected. Supply Chain Costs as a Percentage of Sales. Inventory Turnover.

article thumbnail

5 Ways to Ensure ERP Migration Success

Insight Software

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.

article thumbnail

30 Best Accounting KPIs and Metric Examples for 2021 Reporting

Insight Software

When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. However, if DPO is too high it can indicate that the company may have problems paying its bills.DPO = (Accounts Payable / Cost of Goods Sold) x # of Days.

article thumbnail

How Tax Professionals Leverage Software to Become More Strategic

Insight Software

We asked webinar attendees to report how their tax department is viewed by other coworkers. If tax teams are viewed as mere cost centers, it can be difficult for them to secure executive backing for strategic projects. A recent poll conducted by insightsoftware reflected this dichotomy. Tax Teams: Stepping into a Strategic Role.