Insight Software

MARCH 23, 2024

5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue. A rising ratio points to a potential expense mismanagement and must be immediately addressed. It signifies the credit quality of the government entity.

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Insight Software

MARCH 24, 2024

Investments are the costs of running a variety of programs or marketing campaigns. Overhead costs : This metric is used by non-profits to signal accountability to stakeholders and donors. Overhead expenses are considered the administrative and logistics costs that the non-profit incurs to keep the organization running.

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Insight Software

OCTOBER 31, 2024

If you don’t have these skills readily available in-house, this can become an expensive and drawn-out process. To complicate matters further, developer support for Crystal Reports is being discontinued at the end of 2024. You can compare payroll, business expenses, and material costs against previous years to analyze changes.

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Insight Software

JUNE 17, 2024

This allows them to take proactive measures to address potential shortfalls, such as negotiating payment terms with raw materials suppliers, securing additional financing, or implementing cost-saving measures to ensure they always have enough cash on hand. Cost of Goods Sold, Operating Expenses, Loan Repayments, etc.).

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Insight Software

DECEMBER 12, 2024

2024 has been an exciting year in the world of embedded analytics and business intelligence. Here, we share our embedded analytics highlights from 2024. Logi Symphony empowers non-technical users to independently create reports and analyze data, improving efficiency and reducing reliance on IT support.

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Insight Software

JANUARY 14, 2025

Shaping the Future: Conquering Finance Challenges in 2024 Download Now Cloud Adoption While cloud adoption isn’t a new trend at this point, its also nowhere near becoming old news. Organizations continue to gravitate to the cloud for superior data access, process automation, centralized data security, and reduced IT dependency.

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Insight Software

DECEMBER 8, 2023

Our recent Finance Team Trends Report indicates that last year, over 48% of finance teams experienced efficiency losses amidst global economic disruptions, emphasizing the critical need for adaptability and agility in 2024. In January 2024, SAP will increase on-premises support fees by an average of 5% , increasing the urgency for migration.

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Insight Software

NOVEMBER 12, 2024

Many finance professionals find themselves hampered by reporting limitations and heightened IT dependencies, which slows down decision-making and limits the value of their SAP data. This version of SAP encourages standardized processes to maintain performance but comes with the cost of easily being able to generate custom and ad hoc reports.

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Insight Software

NOVEMBER 7, 2023

Now, as we head into 2024, CFOs continue to seek balance and efficiency through digital transformation. With interest rates still rising, skills shortages still posing a challenge, and the specter of recession still haunting board rooms, CFOs are looking to technology to connect data, build agility, and drive profitability.

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Insight Software

MARCH 4, 2024

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Phase Effective Date Scope Reporting Requirement Deadline 1 January 1, 2024 Companies subject to the NFRD, including large non-EU companies (>500 employees) listed in the EU.

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Insight Software

SEPTEMBER 25, 2024

In fact, our 2024 Embedded Analytics Report , found that organizations spend 30 hours or more per week addressing building customer-specific content (33%), performance issues (25%), and data inconsistencies (25%). Future-proofing your tech stack analytics is a matter of balancing customization with cost.

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Insight Software

AUGUST 29, 2024

Thriving in today’s architecture and engineering space means balancing costs, careful project management, and leveraging data for maximum efficiency. 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 1, 2024

Shaping the Future: Conquering Finance Challenges in 2024 Download Now According to our data, at least three-quarters (75%) of finance teams dedicate a minimum of five to six hours each week to recreating financial reports, equating to up to 24 hours a month or 300 hours per year. Ready to learn more?

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Insight Software

MAY 23, 2024

Traditional AI combs through countless rows of data to derive patterns from it, which can be crucial in delivering insights that drive forward-thinking decision-making. And its usage is commonplace–according to Microsoft and LinkedIn’s 2024 Work Trend Index Annual Report , 75% of workers across the globe use AI in some capacity.

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Insight Software

JUNE 13, 2022

Cloud migration is a daunting prospect, especially considering the expense of installation, training and embedded new processes. According to Gartner’s 2021 Core Financial Magic Quadrant , over 50% of the ERP market is expected to be cloud-based by 2024. Questions to consider are: How much data do you need to import?

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Insight Software

JANUARY 29, 2024

Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy. If your organization still operates on-premises, but your 2024 plans include a cloud migration, here are three key questions you must consider before investing. Fully Cloud or Hybrid?

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Insight Software

JANUARY 31, 2024

Self-Service Reporting Designed for Finance Many finance processes rely on extensive help from IT or expensive external consultants. For more information on how Spreadsheet Server will improve your financial and operational reporting processes, watch our on-demand webinar on mastering easy Excel reporting in 2024 now.

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Insight Software

FEBRUARY 1, 2024

Forrester Research predicts that the embedded analytics market will hit $16 billion in 2024. Funding is scarce and Independent Software Vendors (ISVs) must ensure their offer is seen as an essential expense for financially constrained buyers, delivering quick value, quality, and innovation. Furthermore, the era of cheap money is over.

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Insight Software

FEBRUARY 23, 2024

Reduce internal production costs for each marketing channel. Jason Simpson, 9th February 2024 Why Choose Agility PIM Over Another PIM Agility PIM from insightsoftware is a user-friendly application designed for efficient workflows and easy integration with multiple systems.

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Insight Software

FEBRUARY 6, 2025

With sensitive business data at risk, the cost of a breachboth financial and reputationalcan far outweigh the effort of upgrading. As organizations adopt cloud platforms, advanced analytics, or newer databases, unsupported legacy systems may struggle to keep pace, resulting in inefficiencies, data silos, and limited insights.

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Insight Software

NOVEMBER 25, 2024

If the operating theme for finance teams in 2024 was “automate workflows and optimize costs to drive value,” then the operating theme for 2025 is shaping up to be, “stay the course.” The enhancements will come with a price increase, but the added cost will be worth it. Inflation may be receding slowly, but it is receding.

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Insight Software

DECEMBER 18, 2024

2024 has been a year defined by technological innovation as the rise of AI made a profound splash for SAP-powered finance teams. Because SAP S/4HANA operates in the cloud, it provides enhanced flexibility, cost savings, and scalability, but SAP finance teams find it challenging to make the move.

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