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Generative AI Since ChatGPT was released in November of 2022, generative AI has exploded onto the global market. ESG is a broad topic, but with the right technology, organizations can be better equipped to adopt and maintain ESG initiatives. But finance teams are slow to adopt this technology. Why is this?
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In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. Companies are now making a decisive shift from traditional on-premises Oracle software to Oracle’s cutting-edge cloud solutions.
According to insightsoftware and Hanover Research’s 2023 Finance Team Trends Report , the rate at which organizations expect to grow is down to 64%, compared to 73% in 2022. Maintain a single source of truth for easy collaboration. Spreadsheet Server enables you to: Leverage real-time data.
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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. Defining billable time as a KPI helps to identify limiting factors like whether a maintenance contract covers enough equipment.
If your organization is one of those customers, we want to make you aware of some exciting new features recently introduced to the latest platform version that improve agility, collaboration, and integration. was released in the first quarter of 2022. Instant Deployment of New Views for Greater Agility. Interested in upgrading?
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One easy way to mitigate the damage of stale data is to implement a solution that allows you to generate fresher reports based on real-time information directly from your ERP and other core systems. The solution Erickson implemented was Spreadsheet Server, which freed up time to?answer Offload Spreadsheet Meal Preparation.
in the academic year 2021-2022. To address these challenges, organizations must adopt modern budgeting and planning solutions that offer flexibility, agility, and automation. Lack of Collaboration and Agility : Static reports are difficult to share and collaborate on, hindering communication and information flow across departments.
Plagued by continuing supply chain disruptions and price inflation, finance teams are at the forefront of organizational efforts to strategize and remain agile and flexible in changing circumstances. 2022 Finance Teams Trends Report. However, just half of respondents said they could completely execute on their responsibilities.
Users love our prebuilt integrations which cover many ERPs saving valuable time and effort during implementation. We offer robust, seamless alignment with key regulatory bodies such as IFRS 2022 and USGAAP 2022 and users love the ability to automate painful regulatory filings. Extensive Data Integration.
Imagine that you have the ability to add a formula to your spreadsheet that effectively says something like this: “Go get me the year-to-date total for all of the ‘Training and Consulting’ revenue accounts for December of 2022, and display that value in this cell.” In the example below, you see a P&L statement for December of 2022.
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Unsurprisingly, adoption of enterprise performance management continues to grow, with the share of organizations that use EPM software increasing from 54% in 2022 to 62% in 2023. Enterprise performance management is clearly a mainstream technology that is becoming increasingly widespread.
Peter van Tiggelen, CFO, FE fundinfo: Joining FE fundinfo in February 2022, van Tiggelen oversees finance, legal, and business intelligence. She previously held roles at Vista Equity Partners and served as SVP of Business Operations at Mediaocean.
This blog focuses on GASB 96 which applies to subscription-based information technology arrangements (SBITAs) as of June 2022. Report any loss associated with faulty components P How Does Implementing GASB 96 Affect My Financial Statements? GASB 96 is required to be adopted for fiscal years starting after June 15, 2022.
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