Insight Software

MARCH 28, 2025

Operating KPIs: Labour cost percentage is a key operational efficiency KPI in hospitality. It measures the proportion of total revenue spent on labour costs, including salaries, wages, benefits, and payroll taxes. It includes expenses related to repairs, maintenance, and housekeeping supplies.

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Insight Software

JULY 28, 2023

How do you know it’s time to replace your embedded analytics? Demand for new capabilities: If your users demand advanced capabilities and self-service analytics, using basic dashboards and reports may lead to increased customer churn. Developing and maintaining homegrown analytics diverts focus from their core application.

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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. You can compare payroll, business expenses, and material costs against previous years to analyze changes. Review costs over periods of time to measure performance.

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Insight Software

APRIL 18, 2024

Embedded analytics offers a strategic solution to this challenge. By seamlessly integrating industry-leading data intelligence and control features directly into your existing platform, embedded analytics unlocks significant advantages. Why Embedded Analytics? Infrastructure costs. Here’s how.

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Insight Software

MAY 12, 2023

Both product analytics and embedded analytics fall into this tool category. Let’s look at how embedded analytics differs from product analytics, and why both are useful. Product Analytics Defined Product analytics tools help product teams and managers measure the success of their digital products.

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Insight Software

MAY 23, 2024

Here, we discuss three ways you can monetize data with an embedded analytics investment. According to insightsoftware and Hanover Research’s recent Embedded Analytics Report , the overwhelming majority of development teams (84%) found generative AI to be the most important trend of the next five years.

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Insight Software

FEBRUARY 1, 2024

Advanced analytics has emerged as a hot topic and a key area of focus for buyers looking to provide higher quality analysis to inform business decision-making in a turbulent market. Forrester Research predicts that the embedded analytics market will hit $16 billion in 2024.

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Insight Software

NOVEMBER 12, 2024

Legacy systems simply weren’t built for today’s demands, and they struggle to deliver the agility and real-time insights that modern tax compliance requires. For businesses leaning on legacy technology, these shifts could mean more audits, steeper penalties, and costly recalculations.

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Insight Software

JANUARY 30, 2025

This powerful partnership allows enterprises to remain agile and competitive in todays data-driven world, reducing the need for costly ETL processes while maximizing the value of their data.

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Insight Software

MARCH 5, 2025

The right solution will empower your finance team to shift from tedious data management to high-impact decision-making, driving agility, efficiency, and long-term success. Instead of focusing on forecasting and performance insights, you’re consumed by spreadsheet firefighting, stifling agility and slowing response times.

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Insight Software

MARCH 31, 2025

Building a reporting solution comes with a slew of benefits, for example: Reporting tailored to your organizations specific needs High levels of customizability Easy access to organizational data While building a custom solution ensures that you can tailor a solution to your business use cases, it comes at a significant time and monetary cost.

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Insight Software

JANUARY 14, 2025

Weve seen incredible technological advancements that have produced business and financial reporting tools that streamline processes, create efficiencies, bridge skills gaps, and position organizations to react to an ever-increasing pace of market change with agility and confidence.

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Insight Software

OCTOBER 28, 2024

By automating repetitive, manual tasks such as report generation and data integration, finance teams can significantly reduce operational costs, improve data accuracy, and free up valuable time for strategic analysis. Customizing these reports adds even more time to the process.

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Insight Software

NOVEMBER 12, 2024

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. Concerns about cost and security often overshadow the true challenges of cloud migration–data alignment and technical skills shortages.

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Insight Software

SEPTEMBER 19, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. Self-service BI – Empower Your Staff to Build Custom Analysis Angles for Oracle solution allows you to implement a true reporting environment in the least amount of time, and at the lowest cost.

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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 15, 2024

Supply chain leaders can rely on many different supply chain strategies to bring finished goods to market, but the most common approaches to SCM are lean supply chain, agile supply chain, and responsive supply chain.

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Insight Software

JUNE 30, 2023

Cost-Plus When no market price is available to serve as a basis for pricing, organizations can use the cost-plus transfer pricing method to set a price by calculating the standard cost of delivering the relevant goods, and adding on top of that price a standard profit margin.

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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

MAY 12, 2023

Now, sophisticated capabilities like adaptive security and write-back are taking analytics to new heights. With these advanced features, embedded analytics is transforming from a basic reporting tool to a powerful decision-making engine. It optimizes public cloud expenses by dynamically scaling resources to match demand.

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Insight Software

OCTOBER 11, 2023

Embedded analytics is a game-changer for software teams developing web-based applications. With enhanced security, customization, scalability, and user empowerment, embedded analytics is a true path forward for analytics teams seeking to thrive in today’s data-driven business landscape.

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Insight Software

JUNE 20, 2023

Because they are not responsible for fulfilling everyday ad hoc analytics requests, technical teams — be they IT, Development, Support, or BI — have more time to devote to core responsibilities, mission-critical projects, and other tasks requiring their specialized skills. In many cases, this also lowers operational costs.

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Insight Software

SEPTEMBER 1, 2023

For example, in an e-commerce application, predictive analytics can help anticipate spikes in traffic during specific events or seasons, allowing the team to scale server capacity accordingly. This prevents over-provisioning and under-provisioning of resources, resulting in cost savings and improved application performance.

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Insight Software

AUGUST 20, 2024

While business leaders do have concerns about migration costs and data security, the benefits of moving to the cloud are impossible to deny. Embracing cloud technology will position your business to more effectively automate workflows, optimize costs, and drive value in your organization. However, taking this leap can be scary.

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Insight Software

SEPTEMBER 15, 2023

In today’s uncertain economic landscape, it’s vitally important to invest in agile planning processes and tools to increase forecast frequency and planning accuracy. One of the easiest ways to increase your organization’s agility is by transitioning your data to the cloud. Porting information can be a painful and expensive process.

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Insight Software

MAY 8, 2024

insightsoftware’s Logi Symphony, a leading embedded analytics solution, continues to impress. This recognition highlights Logi Symphony’s commitment to exceptional customer experience and its strong reputation within the BI and analytics industry.

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Insight Software

APRIL 25, 2024

By ensuring the accuracy of accounts payable balances and expenses recorded in the accounting records, vendor reconciliation contributes to the accuracy of overhead figures reported on the income statement. Our financial reporting solutions bring speed and agility to period-end closings. How do you reconcile an expense account?

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Insight Software

NOVEMBER 7, 2023

The need for greater efficiency and more accurate forecasting led CFOs to re-evaluate the tools and processes on hand and their ability to overcome skills shortages and drive agility. CFOs will need to pursue a two-prong strategy, sustaining healthy revenue and reducing costs, to achieve financial stability and enhance investor confidence.

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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

JUNE 24, 2023

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

APRIL 4, 2024

To accomplish the key technical objectives that contribute to connected data, increased agility, and greater profitability, there comes a point when business leaders must make a clean break with the past. Modernizing legacy applications requires significant investment, with diminishing returns.

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Insight Software

JULY 17, 2023

Embedded analytics offers users real-time, contextual analytics within their standard workflows to transform raw numbers into easily comprehensible and actionable business insights. Raw data can be difficult to comprehend or interpret when numbers lack meaningful insights for business users.

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Insight Software

OCTOBER 8, 2024

This year, an Oracle survey of CFOs reveals CFO’s top challenges include navigating the need to cut costs, retaining talent within the finance function, and focusing on more accurate forecasting. These factors collectively contribute to the increasing complexity and expense of addressing finance skill gaps through internal development.

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Insight Software

FEBRUARY 23, 2024

An on-premise solution provides a high level of control and customization as it is hosted and managed within the organization’s physical infrastructure, but it can be expensive to set up and maintain. Data warehouses can be complex, time-consuming, and expensive.

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Insight Software

OCTOBER 24, 2023

To achieve oversight and agility, your finance team needs the right tools to aggregate all relevant data sources and provide the comprehensive analysis your leadership craves. This agility helps organizations capitalize on favorable circumstances. Our recent Hanover report echoes this sentiment.

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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

JUNE 23, 2023

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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