Insight Software

JUNE 30, 2021

This article will outline the key financial, operation, and staffing performance indicators that a CEO should be tracking in 2021, as well as the benefits of tracking these using a dashboard to streamline the reporting process. Financial KPIs for the CEO’s Dashboard. With insightsoftware, you don’t have to worry about this. Or hardly working?

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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.

IBM Maintenance 52

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Insight Software

AUGUST 27, 2021

For the reasons described earlier, Microsoft closed off customers’ ability to directly access the underlying ERP data using SQL database queries, opting instead to publish a dedicated set of web services APIs (application programming interfaces) that would allow programmatic access to the data. In June 2021, Microsoft released version 2.0

IBM Maintenance 98

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Insight Software

JUNE 13, 2022

According to Gartner’s 2021 Core Financial Magic Quadrant , over 50% of the ERP market is expected to be cloud-based by 2024. Are those customizations already supported by Dynamics 365? What third-party services need to be integrated? When making the move, pre-planning is vital. How much storage will you need?

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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

MAY 10, 2021

In February and March of 2021, insightsoftware partnered with Hanover Research to discover current trends in finance teams. The Office of the CFO supports other decision-makers throughout the organization by translating financial data into business insights. 2021 Finance Team Trends Report.

Finance 98

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Insight Software

JULY 23, 2021

According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, the effective use of scenario planning enables organizations to respond quickly and confidently during times of extreme change. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting.

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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). Read how to elevate tax to a strategic function. Preparing For an Uncertain Future in Tax. Access Resource.

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Insight Software

AUGUST 17, 2021

Earlier this year the Securities and Exchange commission began accepting the 2021 US GAAP Taxonomy (UGT) and many filers are getting ready for the switch now that their annual and first quarter filings have been successfully completed. The FASB 2021 UGT website provides a number of tools that will assist you with the taxonomy transition.

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Insight Software

JUNE 2, 2021

According to approximately 500 finance professionals surveyed recently for insightsoftware’s 2021 Finance Team Trends report , the number one challenge facing FP&A professionals today is a lack of time to spend on value-added analysis. 2021 Finance Team Trends Report. To see how our solutions work, request a demo today.

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Insight Software

SEPTEMBER 24, 2021

The post The Four C’s of Financial Planning in 2021 appeared first on insightsoftware. Enable cookies. How insightsoftware is using cookies. Still experiencing an issue? Please contact our website administration team.

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Insight Software

JULY 31, 2022

In this year’s survey, 41 percent of finance team leaders considered strategic decision making to be a priority, compared to 29 percent in 2021. Respondents also reported that their processes are significantly more efficient in 2022 than they were in 2021. How Finance Can Achieve Agility and Support Organizational Decision Making.

Finance 52

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Insight Software

JANUARY 31, 2022

With cloud migration that means making upgrades, licensing, procurement and maintenance simpler with software-as-a-service (SaaS) models. As a result, sub-trends such as real-time reporting, robotics and AI, more regular forecasting, and self-service reporting via dashboards, have all gathered pace.

Finance 52

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Insight Software

FEBRUARY 2, 2023

How deeply will projects be impacted by market instability, skills shortages, and supply chain delays? In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook.

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Insight Software

JULY 2, 2021

To deploy a specialized budgeting tool in the Cloud that has the financial intelligence to support the advanced accounting techniques mentioned earlier. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting. To eliminate standalone, i.e., disconnected spreadsheets for data entry and reporting.

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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.

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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.

Agile 52

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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

DECEMBER 13, 2021

But April 2021 brought a noticeable change in the SPAC tempo, with both the volume of SPAC deals and the value of SPAC stock dropping significantly. A newly public company’s needs around auditability, compliance, reporting, and participant servicing are entirely different from when they were private. billion by the end of Q1.

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Insight Software

DECEMBER 7, 2022

Moving away from the traditional number crunching towards deeper analysis and planning support. In fact, recent insightsoftware research found that in 2022, 41% of finance team leaders consider “strategic decision-making” to be a priority, compared to 29% in 2021. Enable Self-Service. Spoiler alert: they don’t.

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Insight Software

JUNE 9, 2022

Access views from both on-prem and cloud ERPs via a fully managed turn-key service with zero maintenance overhead. New Cloud Accessible Web Portal for Streamlined User Self-Service. introduces a web-based, user-centric, self-service hub experience that builds on Angles for Oracle’s market leading operational reporting capabilities.

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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. 2021 Finance Team Trends Report. Adoption of new technologies. Data limitations or inaccuracies.

Finance 52

Finance IBM Maintenance IBM Support Supply Chain 52

Insight Software

FEBRUARY 14, 2022

In October 2021, 136 countries agreed to enforce a corporate tax rate of at least 15%, as well as a fairer system of taxing profits where they are earned. In its Salary & Recruiting Trends 2021 guide, recruiter Hays said that, while finance and accounting skills in general are in high demand, tax experience is particularly valued.

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Insight Software

NOVEMBER 2, 2021

In 2021, the best way of collecting good KPIs is to implement a higher education dashboard, which can give you a glimpse of the best KPIs without the lengthy paperwork process. We hope this article assisted you in finding the best university KPIs and metric examples for 2021 reporting. Accurate and Realistic Goals.

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Insight Software

OCTOBER 8, 2024

in the academic year 2021-2022. Reduce the Strain of Skills Shortages It’s no secret that there are fewer CPA graduates every year–in the United States alone, the number of accounting graduates dropped 7.4% The outlook is just as bleak for the C-level as 9% of global CFOs experienced turnover during the first half of this year, a record high.

Finance 52

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Insight Software

AUGUST 3, 2022

In late 2021, the International Accounting Standards Board (IASB) announced the creation of a new ESG reporting standard. According to a 2021 report issued by the Governance and Accountability Institute , 92% of S&P 500 companies already provide sustainability reporting of one kind or another. Download Now.

Finance 52

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Insight Software

AUGUST 9, 2023

The annual member survey from the UK and Ireland SAP user group (UKISUG) found that of those organizations yet to move to SAP S/4HANA, 92% were concerned a lack of available skills will slow their migration (an increase from 71% in 2021). Process Runner GLSU : Streamline business processes and financial operations without adding complexity.

IBM Maintenance 52

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Insight Software

AUGUST 25, 2022

This was highlighted in a recent insightsoftware report that found 41 percent of finance team leaders considered strategic decision making to be a priority in 2022, compared to 29 percent in 2021. Its web-based, mobile-friendly interface supports large numbers of users and is ideal for growing companies. It’s Time for Something Better.

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Insight Software

SEPTEMBER 1, 2023

In ​2021, just over 32,000 sat for the CPA exam, compared to ​nearly 50,000 ​CPA ​candidates​ in 2010 ​​. When it comes to hiring skilled finance teams, leaders are struggling to find new talent to replace recent retirees. In 2020, bachelor’s degrees in accounting fell by 2.8% , and master’s degrees fell by 8.4%. Request a demo today.

Finance 52

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Insight Software

JUNE 10, 2022

In July of 2021, more than 130 countries approved a framework intended to reform international tax rules under the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). There are plenty of arguments both for and against the plan.

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Leading Agile

NOVEMBER 15, 2024

If you’re creating a service or some sort of component, your customer’s, other applications within the organization. I grew up in financial services, so it can’t be off by a penny who wants their bank account to be randomly decremented by pennies or dollars or more. That gets complicated too. So it has to be right.

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Insight Software

JUNE 21, 2021

The government ran an open consultation with tax payers from 12 November 2020 to 5 March 2021, and says that the 10-year MTD initiative will help businesses as well as reduce the ”tax gap.” It writes : “The government wants to go further by extending modern services to more taxpayers and agents.

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Insight Software

FEBRUARY 7, 2025

When: The deadline to comply with the new standard is for fiscal years beginning after June 15, 2021. Take for example a municipality that leases a building from an unrelated third-party (lessee accounting) and then subleases a portion of that building to another party (lessor accounting).

IBM Support 52

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Insight Software

FEBRUARY 7, 2025

Compliance with ASC 842 ASC 842 is effective for reporting periods beginning after December 15, 2021 for all private companies, with early adoption permitted. Lessees and lessors will need to comply with the new standard for all leases entered into or modified after the effective date.

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Insight Software

FEBRUARY 7, 2025

Overview of GASB 87 GASB 87 was issued in June 2017 and is effective for reporting periods beginning after December 15, 2021. This article will provide an overview of GASB 87 disclosure requirements and help you understand the implications for government entities.

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Insight Software

FEBRUARY 7, 2025

For private companies, ASC 842 became effective in 2021 for reporting periods thereafter. AP Lease Accounting Under ASC 842 ASC 842 is the lease accounting standard set forth by the FASB. The standard was issued in 2016 and became effective for public companies in 2019.

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