Insight Software

NOVEMBER 10, 2021

Enterprise planning is going mainstream, as powerful yet affordable software technology has provided the means for small and midsize companies to develop highly collaborative, cross-functional approaches to strategic planning, governance, budgeting, operational planning, and more. Plan for Agility and Adaptability.

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Insight Software

JANUARY 31, 2022

Fourth quarter is the time of year when most organizations are looking to the future in earnest, gathering detailed information on the current year’s performance, assembling a wish-list for the road ahead, and kicking off the planning and budgeting process all over again. Driver-Based Budgeting and Planning: A Guide for Finance Teams.

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Insight Software

FEBRUARY 9, 2022

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting. This may be true for your organization when it comes to improving your budgeting, planning, and forecasting processes, where the fear of a complex, risky data integration project holds you back. Why Bizview.

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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

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.

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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.

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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.

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Insight Software

OCTOBER 18, 2021

The “What” and “Why” of Demand Planning and Forecasting. To allocate assets effectively and operate more efficiently, supply chain managers have turned to the science of demand planning and forecasting. It ensures that people have access to the products they need, while facilitating a profitable transaction for the retailer.

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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.

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Insight Software

FEBRUARY 23, 2024

It is a complex and challenging task that requires careful planning, analysis, and execution. Third, it supports data-driven decision making by providing a holistic view and context for data analysis. sales databases, marketing automation platforms, and support tickets) to corresponding fields in the CRM.

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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. Cloud Data Pipelines : These pipelines move data between cloud-based systems, such as from one cloud service to another or from on-premises to the cloud.

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Insight Software

APRIL 29, 2021

The traditional financial planning and analysis process (FP&A) is built around a “business as usual” presumption. Much of the workforce was sidelined over health concerns, school closures, and a new reality in which some services were no longer required and others were in high demand. Trend #1: Continuous Planning.

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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

MARCH 3, 2022

The Deltek Marketplace provides partner solutions, business services, and integrations across the project lifecycle that allow project-based businesses to unlock potential, accelerate operations, and improve profitability. At their core, a project-based business provides services as they deliver the project.

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Insight Software

MAY 3, 2021

Due to these and other common operational reporting challenges with the ERP, Microsoft D365BC recommends that enterprises use Power BI, custom reporting (SSRS), or third-party software for reporting and analysis. A Better Way Forward with insightsoftware.

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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

DECEMBER 23, 2021

In fact, the research finds that the reporting process is slower and less agile than the roughly comparable process of planning, budgeting, and forecasting. Evidently, an inconvenient knock-on effect of data errors in financial reporting is that they have the potential to slow down broader performance reporting as well.

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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

JULY 21, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, organizations using zero-based budgeting are twice as likely to forecast accurately than those who don’t. They are also twice as likely to have invested in PBF technology to support his process. Download Now: Click here to access resource.

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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

JULY 16, 2021

The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. The results are extremely revealing. Download Now: Click here to access resource.

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Insight Software

JULY 15, 2021

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. There are several factors that vary greatly for servicing the larger customers versus smaller ones.

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Insight Software

JUNE 21, 2021

It writes : “The government wants to go further by extending modern services to more taxpayers and agents. In line with international best practice, these services will work closer to real time. It’s a vision outlined by the OECD’s Forum on Tax Administration (FTA) in a discussion document called Tax Administration 3.0:

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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?

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Insight Software

AUGUST 24, 2021

You’re familiar with the old saying that you should “hope for the best, plan for the worst.” In a rapidly changing world, you can carry that advice a bit further: plan for a range of possible outcomes so that whatever happens, you’ll be in a better position to respond appropriately. Enter scenario modeling.

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Insight Software

JULY 20, 2021

The results of the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 clearly shows how implementing rolling forecasts helps organizations to improve both forecast speed and accuracy. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. Download Now: Click here to access resource.

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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.

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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.

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Insight Software

JUNE 17, 2021

This prompted the company to implement a software solution that would support the development of more effective processes, and allow a more proactive approach. This meant it was extremely difficult to effectively measure year-on-year or period-by-period changes. Managing Data Integrity. Adopting Key Principles.

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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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Insight Software

DECEMBER 17, 2021

These days, leading vendors of consolidation software provide “connectors” to many of the popular general ledger solutions, simultaneously automating the elimination of most data errors and accelerating the close process. Furthermore, validation checking is frequently insufficient to guarantee a flawless data transfer.

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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

MAY 6, 2021

Line of Business/Central Service. Examples could include: Annual and Quarterly Reporting Treasury Reporting. Management Accounts. Regulatory Reporting (iXBRL, EDGAR). Budget Books/Decks. Board Books/Decks. Business Unit Performance. Lender Reporting. Function Reports. Project Management. Industry Specific Operational Reporting.

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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

APRIL 30, 2021

First Name * Last Name * Phone Number * Company Name * Job Title * Industry * -- Select an Industry -- Accommodation & Food Services Admin, Support, Waste Mgmt, Remediation Agriculture, Forestry, Fishing & Hunting Arts, Entertainment & Recreation Biotechnology Chemicals Communications Construction Consulting Education Services Engineering (..)

Finance 98

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Insight Software

NOVEMBER 23, 2021

That is because when Finance teams spend too much time trying to manage, analyze and understand their data, this takes critical time away from strategic planning. This helps to reduce uncertainty when planning in such a volatile business environment. Powerful Tools. Discover how insightsoftware can help, request a demo , today.

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Insight Software

DECEMBER 7, 2021

If the focus is on knowing your customer, for example, you may want to consider extending your corporate datasets with demographic details available from third-party sources. Ultimately, this will shed light on the kind of information you need and what you need to do to consolidate and harmonize that information.

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