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

JUNE 25, 2021

Therefore, without understanding and evaluating KPIs, governments cannot fulfill their commitment to responsible spending and transparency, and the public cannot verify if the required services are being adequately performed. For the public sector, financial and service KPIs should have a higher weight than other metrics. Learn More.

Government 104

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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

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. It ensures that people have access to the products they need, while facilitating a profitable transaction for the retailer.

Supply Chain 52

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Insight Software

NOVEMBER 15, 2021

Excluding income tax, the other direct and indirect taxes such as property tax, sales tax, use tax, goods and services tax (GST), and finally, value-added tax (VAT), can be a large portion of the tax cost. If the technological enhancements entail the procurement of better data, then it can help support the organization’s tax positions.

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Insight Software

SEPTEMBER 30, 2021

Like many other service providers, hospitals depend on their customers (patients) to run their business. A successful hospital runs efficiently, provides life saving services and plays a valuable role in driving public health measures. However, in order to thrive, they must also operate sustainably and mange costs.

IBM Maintenance 52

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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.

Planning 52

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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. Departments request budget allocations, usually with some promised benefits attached, and managers must sort through those various proposals and ferret out the ones that most strongly support the company’s objectives.

Planning 52

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Insight Software

JUNE 30, 2021

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. Here are some of the ways in which our software can streamline your reporting process: Interface with other services.

IBM cost 106

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Insight Software

JUNE 24, 2021

Tracking this metric will help the non-profit better grasp the affinities of its supporters. Some non-profit organizations prompt their audience to pledge their support to a certain cause before collecting donations. This metric measures the follow-through of the supporters of this type of campaign. Download Now.

IBM cost 98

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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. Today, financial planning and budgeting are more important than ever.

Planning 52

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Insight Software

FEBRUARY 4, 2022

In a nutshell, equity compensation is defined as non-cash remuneration that takes the form of stock options, restricted shares, employee stock purchase plans, and other vehicles that provide employees with an equity stake in the company. Managing Equity Compensation Plans. Different Forms of Equity Compensation.

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Insight Software

MAY 5, 2021

Strategic planning ranks high on a company’s list of priorities, and equally high on the list of challenges. Consider the eye-opening results of a recent survey : 94% of CFOs plan to change their risk strategy in the wake of the COVID-19 pandemic. With so many disruptive forces in play at once, strategic planning is critical.

Planning 52

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Insight Software

JULY 2, 2021

FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. Creating agile scenario plans and rolling forecasts is simply not feasible in spreadsheets.

Planning 59

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Insight Software

JUNE 17, 2021

The company opted to implement Longview Transfer Pricing from insightsoftware in early 2020, just before the COVID-19 pandemic struck. This prompted the company to implement a software solution that would support the development of more effective processes, and allow a more proactive approach. Managing Data Integrity.

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Insight Software

JUNE 16, 2021

This measure highlights the upcoming income and, in conjunction with accounts payable, allows the company to accurately plan for its cashflow (i.e., Throughput is the amount of produced goods or services in a specific period. With a short cycle time, a company can generate more revenue and quickly implement innovative solutions.

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Insight Software

DECEMBER 23, 2021

Interfaces between operational systems (usually the general ledger) and the group reporting pack are frequently unautomated and depend on crude mapping tables, also maintained in spreadsheets, to marshal source data to its proper destination. So, there are plenty of opportunities for errors to creep into the financial reporting process.

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Insight Software

DECEMBER 11, 2023

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. Support all closing needs to be confident that decisions are based on consistent, reliable, and accurate information.

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Insight Software

MARCH 2, 2022

However, to implement it, companies and organizations need to understand what ESG reporting is, what it comprises of, and why it is important. This, for instance, include that a company uses accurate and transparent accounting methods, implements proper shareholder voting processes, and doesn’t engage in any illegal practices.

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Insight Software

AUGUST 25, 2021

For example, if company leadership plans to roll out a new product, they may allow for a higher than normal increase in marketing expenditures. From there, ABB defines the necessary resources and activity levels required to support those objectives. Fortunately, technology is making planning and budgeting easier than ever before.

IBM cost 98

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Insight Software

NOVEMBER 16, 2021

By closely monitoring these trends, logistics managers can not only better manage truck maintenance, but they can also assess the quality of their drivers. Delivery services are essential in creating a positive experience for your customers. Safety should always be a core value and at the heart of every organization.

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Insight Software

AUGUST 17, 2021

Since the UGT is updated only once a year, these changes are housed in a “ Pending Annual Updates ” page and incorporated into a development taxonomy that FASB maintains between official releases. In addition to updating the taxonomy to support required US GAAP disclosures, the FASB incorporates changes based on topical projects.

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Insight Software

JULY 1, 2021

Whether it’s a statement balance from your largest vendor or a response from an internal department head regarding an expense accrual, waiting for answers can be one of the more frustrating aspects of your accounting month-end close procedures. Improve Visibility to Information.

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Insight Software

FEBRUARY 14, 2022

While investment in tax and transfer software has tended to lag that in core finance systems, adoption is maturing and pressure from the office of the CFO to implement digital tools is beginning to grow. Tax planning and reporting have risen to the top of the corporate agenda. Read how to elevate tax to a strategic function.

Finance 52

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Insight Software

NOVEMBER 2, 2021

This network consists of manufacturers, vendors, warehouses, transportation, distribution centers, and retailers. This streamlining, maintaining, and improving the flow of goods requires a competent team to manage it. Companies create supply chains to expedite production and reduce cost.

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Insight Software

AUGUST 23, 2021

If you offer equity compensation to your employees, or if you plan to, then you will need a 409A valuation. Companies also have the option of outsourcing 409A valuation reports to an independent third party. In essence, the IRS has provided a framework for establishing market value. 409A Reporting Requirements.

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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. More importantly, what would it take to turn that dissatisfaction into satisfaction?

Finance 98

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Insight Software

DECEMBER 3, 2021

Usually, these tasks are managed in a spreadsheet checklist, which is onerous to maintain in real-time and share between participants. They seek to automate data capture and maintain good control over different data sources and mapping tables. So, what do they do differently?

IBM Maintenance 52

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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. Improving tax planning processes. They are allocating budget to the task, however.

Finance 98

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Insight Software

SEPTEMBER 28, 2021

The European Union (EU) was quick to adopt IFRS, and in the ensuing years, China, Japan, Canada, Korea, and India all announced plans to move closer to IFRS, and eventually to make a wholesale transition to the new standards. Plan Ahead for the Transition. Here are some tips for success. Success Tip 1.

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Insight Software

DECEMBER 13, 2021

Certent Equity Management (EM) can help you overcome these obstacles by offering everything you need to manage, administer, account for, and report on equity compensation plans so you can streamline your equity management , tighten compliance, minimize risk, and improve your productivity. Certent EM helps by offering fast implementation.

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Insight Software

JULY 19, 2021

409A valuation is an independent appraisal of the fair market value performed by an outside party on behalf of unlisted or private companies and startups that offer stock options to key employees. The insightsoftware team offers a valuation service that calculates fair value for private companies. Contact us today for a free demo.

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Insight Software

JULY 28, 2023

Nowhere is this ability more important than in the retail and food & beverage sectors. Because retail and food service businesses are uniquely positioned within the market landscape, the need for a reliable budgeting and planning process is crucial.

Retail 52

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Insight Software

SEPTEMBER 20, 2021

Unfortunately, the standard out-of-the-box reports that come with most enterprise resource planning (ERP) systems are simply inadequate to the task of preparing a strong packet for your board of directors. Here are the key factors you should consider when seeking the best board reporting software for your organization.

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Insight Software

JANUARY 24, 2022

This can happen either unilaterally by individual countries via digital services tax (DST), or multilaterally via the proposals being developed by the Organisation for Economic Co-operation and Development (OECD). Countries are aiming to sign a multilateral convention during 2022, with effective implementation in 2023.

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Insight Software

MAY 21, 2021

For example, although we identified financial planning and analysis (FP&A) as the main function of 66 percent of finance professionals, only 46 percent of those engaged in this area felt that they were able to fully execute all of their tasks because: Manual processes are taking up too much time (49 percent).

Finance 52

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Insight Software

JUNE 2, 2021

As organizations have come to understand that their success rests largely on their ability to use the data at their disposal to gain actionable insights and that many of those insights come from finance-related data, the need for value-added financial planning and analysis from the Office of Finance has never been greater.

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