Insight Software

FEBRUARY 15, 2024

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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Insight Software

APRIL 29, 2022

Getting Ready for BEPS in 2022. Changes are coming in 2023, so for companies looking ahead to their tax planning strategies for the next calendar year, now is the time to implement new systems and processes. Putting the Right Tax Planning Tools in Place. The OECD is very likely to modify BEPS in the next few years.

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Insight Software

SEPTEMBER 25, 2024

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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Insight Software

JANUARY 24, 2022

Countries are aiming to sign a multilateral convention during 2022, with effective implementation in 2023. We must now work swiftly and diligently to ensure the effective implementation of this major reform.”. The landmark deal was agreed by 136 countries and jurisdictions representing more than 90% of global GDP.

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Insight Software

OCTOBER 14, 2022

In the early months of 2022, container ships stayed at ports in the United States for an average of seven days, a rate that has increased by 21% since the beginning of 2020. Keep a close track of inventory and place orders before products become scarce to leave room for potential shipment delays to maintain a competitive edge.

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Insight Software

DECEMBER 8, 2023

The aftershocks of pandemic disruption continue to put pressure on supply chains, increasing the need for robust oversight to maintain operational stability and customer satisfaction. Sustaining growth amidst economic uncertainty demands immediate, clear insights from your SAP data to inform strategic decision-making.

Finance 52

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Insight Software

AUGUST 18, 2023

Tasked with managing an organization’s financial status, strategy, and analyzing the business environment, professionals in the industry must maintain accuracy while struggling with outdated, manual processes, rapid digitization, and swiftly changing regulations. When a skilled employee walks out the door, the knowledge leaves with them.

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Insight Software

MAY 23, 2024

AI Revolution: From Data Insights to Business Growth Since ChatGPT was launched in November 2022, AI has become a fact of life for global businesses. This allows them to offer services to their end users without the complexity of building or maintaining the platform.

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Insight Software

DECEMBER 22, 2021

Here are some best practices for strategic workforce planning in 2022: 1. Δ The post Workforce Planning Best Practices for 2022 appeared first on insightsoftware. In other words, HR managers must work closely with other business units to ensure that plans meet the needs of all stakeholders. Enable cookies.

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Insight Software

DECEMBER 30, 2021

Four Steps to a Successful 2022 Budgeting and Planning Season. If your organization wants to improve its capabilities in financial analysis, learn how insightsoftware can help you exercise control over your financial planning and forecasting today. Download Now: Select Your Closest Time Zone -- Select One -- Business Email *.

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Insight Software

SEPTEMBER 19, 2023

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.

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Insight Software

DECEMBER 7, 2022

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. Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting.

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Insight Software

AUGUST 29, 2024

As inflation continues to impact major projects while contract values decline, keeping a strong reporting posture and analytical practices allow businesses to maintain agility and understand where to prioritize increasingly limited resources. For architects and engineers, predictive maintenance is an especially valuable facet of AI.

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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. Predictive Maintenance: AI and IoT sensors predict equipment failures, minimizing downtime and improving maintenance schedules. It’s everywhere – and for good reason.

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Insight Software

AUGUST 24, 2022

It’s 2022; let the computers do it for them. Where competitors maintain a 20-30 week lead time, kolb can deliver in six to eight weeks while producing a high-quality result. 2022 Finance Teams Trends Report. Why are you hiring trained financial professionals to crunch data? Optimize Resource Utilization.

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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. Maintain a single source of truth for easy collaboration. Spreadsheet Server enables you to: Leverage real-time data.

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Insight Software

AUGUST 25, 2022

Create standardized budgeting, forecasting, and planning forms for a cohesive and repeatable planning process that easily updates to reflect changes in your ERP system, while maintaining a full audit trail. The time savings you get from implementing Bizview will allow you to continuously monitor and reforecast throughout the year.

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Insight Software

NOVEMBER 29, 2023

It evaluates vendors based on their completeness of vision and ability to execute. Users love our prebuilt integrations which cover many ERPs saving valuable time and effort during implementation. Each MQ has 15 weighted criteria that are used to plot vendors on the graph based on their relative strengths in the market.

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Insight Software

FEBRUARY 2, 2023

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.

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Insight Software

JUNE 9, 2022

was released in the first quarter of 2022. Access views from both on-prem and cloud ERPs via a fully managed turn-key service with zero maintenance overhead. is implemented via Angles Cloud. . The latest update to Angles for Oracle (Version 22.1) Interested in upgrading? We think you will be happy you did. .

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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 17, 2022

Continue planning through the implementation process. According to the 2022 Finance Team Trends Report by insightsoftware and Hanover Research, 80% of decision makers admit their finance department is over-reliant on IT. User training can: Maintain productivity during transition. Automate data backups and reporting.

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Insight Software

JANUARY 31, 2022

These stem from an executive-level vision for the organization, outlining the company’s aspirations for the medium and long term, and defining a clear path to achieve those goals. Connecting the Dots: Gain Collaborative Budgeting and Planning in 2022. Here are seven keys to managing those processes effectively: 1.

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Insight Software

NOVEMBER 21, 2022

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.

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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. Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Don’t spend precious time and resources on a lengthy implementation and training process.

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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 4, 2022

will be released in Q2 of 2022. If your company’s support and maintenance contract with insightsoftware is current, you can benefit from these enhancements at no additional cost. The latest update to Wands (Version 22.2) Let’s look at five reasons you should upgrade to the new version of Wands for SAP.

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Insight Software

AUGUST 3, 2022

In May of 2022, the US-based Financial Accounting Standards Board (FASB) also voted to add ESG reporting to its agenda. It’s a set of standards through which companies can report metrics that indicate how well their activities align with issues of environmental stewardship and social issues.

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Insight Software

FEBRUARY 2, 2022

Plan Ahead for a Successful 2022 Budgeting and Forecasting Season. If your organization is seeking better, faster, more accurate and flexible ways of planning and budgeting. To get started with budget forecasting, you can download our free template today. Download Now: Select Your Closest Time Zone -- Select One -- Business Email *.

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Insight Software

JANUARY 3, 2023

2022 was a big year for embedded analytics at insightsoftware, bringing significant enhancements to our best-of-breed solutions. 2022 Releases. We saw significant growth in our loyal customer base, who inspired us every day with innovative new ways to use our technology. Logi Report 19.0 Release Tier 3.

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Insight Software

AUGUST 12, 2022

Learn more about current finance team trends and how insightsoftware enables agile, scalable processes when you read the 2022 Finance Team Trends Report. 2022 Finance Teams Trends Report. Download Now: Hidden Select Your Closest Time Zone -- Select One -- Business Email *.

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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.

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Insight Software

AUGUST 5, 2022

On top of being named in Business-Software.com’s top 20 ERPs of 2022 , Oracle NetSuite was rated as the best ERP for large businesses. With the right technology, you can streamline reporting at your organization while relieving pressure off overtaxed IT departments. Here, we discuss how you can generate your NetSuite top reports with ease.

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Insight Software

OCTOBER 8, 2024

How can you modernize your reporting for streamlined finance tasks and a clearer vision of the future? in the academic year 2021-2022. Improve Budgeting and Planning Processes : See a clearer vision for your organization’s future with over 20 years of Oracle financial expertise out of the box.

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Insight Software

JULY 11, 2022

Since January 2022, inflation reached 7.5% Whether you’re using Yardi’s screen-based SQL, YSR, or SSRS, it’s challenging to compile all your data into an agile, customizable report. Here, we discuss how to create and analyze the top reports real estate teams need to thrive. Yardi Overview. Access Resource. Reporting Challenges.

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Insight Software

OCTOBER 31, 2023

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.

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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 just might be surprised at the innovation spanning each sector.

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