Insight Software

JULY 31, 2022

Respondents also reported that their processes are significantly more efficient in 2022 than they were in 2021. Technologies seeing the biggest bump in adoption include: Automated reconciliation (up 14 percent from 68 percent in 2021 to 82 percent in 2022). That sounds great, but here’s the rub.

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Insight Software

AUGUST 18, 2023

Organizations have been approaching growth with cautious optimism – according to this year’s survey, the number of businesses expecting to grow within the next two years dropped from 73% in 2022 to 64% in 2023. In fact, there has been a decrease in the priority of task automation from 40% in 2022 to 25% in 2023.

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Insight Software

JULY 13, 2023

Despite continued economic headwinds through 2022, finance teams adjusted to the need for greater efficiency and accuracy and were optimistic about the future and preparing for growth. The point-and-click data warehouse automation allows for BI customization that’s five times faster than manual coding.

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Insight Software

NOVEMBER 29, 2023

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. Users love our prebuilt integrations which cover many ERPs saving valuable time and effort during implementation.

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Insight Software

JULY 28, 2023

Chief among them are: 35% Budgetary restraints 27% Raised prices 26% Lack of skills in team 25% Manual and time-consuming processes 23% Adoption of New Technology This year’s survey also highlighted a significant drop in teams around the world expecting to grow in 2023 down to 64%, compared to 73% in 2022.

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Insight Software

MAY 18, 2022

A recent Gartner presentation predicts that “through 2022, the rapid innovation forced by the COVID-19 outbreak will accelerate the transition of 60 percent of organizations toward composable business…”. Want a head start on analytics? Read our Hitchhiker’s Guide to Embedded Analytics.

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Insight Software

JUNE 27, 2023

Since the launch of ChatGPT in late 2022, the professional world has been abuzz with reactions to this game-changing technology. Use embedded analytics to monitor performance and detect trends without relying on IT. Keep track and compare your previous figures with built-in version control.

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Insight Software

DECEMBER 8, 2023

Interestingly, our report found that organizations in 2023 are far less likely than in 2022 to be completely satisfied with the relationship between Finance and IT, decreasing from 54% to 28%. The complexity inherent in SAP reporting tools amplifies user frustrations, creating dependencies on scarce IT resources.

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Insight Software

AUGUST 13, 2024

Since the launch of ChatGPT in 2022, the professional world has been abuzz with reactions to this game-changing technology. We know it feels like all anyone talks about these days is artificial intelligence. It’s everywhere – and for good reason.

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Insight Software

JULY 6, 2022

Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Let’s take a look at how industries like yours are making use of data analytics tools to find patterns and derive insights from data. You can’t do it alone. Demo Logi Composer.

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Insight Software

FEBRUARY 15, 2024

Generative AI Since ChatGPT was released in November of 2022, generative AI has exploded onto the global market. And it can’t come a moment too soon–nearly three-quarters of finance decision-makers (70%) feel pressure from market factors like inflation and economic disruption. But finance teams are slow to adopt this technology.

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Insight Software

SEPTEMBER 1, 2023

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. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak.

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Insight Software

AUGUST 29, 2024

Balancing Labor Costs With Project Value After market upheaval and skills shortages defined 2022 and 2023, architecture and engineering firms continue to navigate an uncertain market. What will make the biggest splash on finance teams in the architecture and engineering firms through the second half of 2024 and beyond?

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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.

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Insight Software

OCTOBER 31, 2023

EPM systems also include reporting and analytics capabilities that enable organizations to set goals and objectives and track performance against those objectives, as well as satisfy many regulatory and statutory reporting requirements.

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Insight Software

SEPTEMBER 26, 2023

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.

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Insight Software

FEBRUARY 7, 2025

This blog focuses on GASB 96 which applies to subscription-based information technology arrangements (SBITAs) as of June 2022. GASB 96 is required to be adopted for fiscal years starting after June 15, 2022. GASB 87 applies to most lease types and is covered in more detail here. What Is GASB 96? Earlier adoption is also permitted.

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