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He guest blogs at Oracle, IBM, HP, SAP, SAGE, Huawei, Commvault, Equinix, Cloudtech. The engineering team he leads is responsible for building and maintaining Microsoft Azure, Dynamics 365, Windows/Windows Server, HoloLens, Visual Studio/Visual Studio Code, GitHub, SQL Server, and Power BI. . Maximiser, Miller Heiman and more.
But analytics can help you and your customers maximize ROI and maintain a competitive edge. Higher Maintenance Costs for Custom Solutions: Streamlining with Embedded Analytics Without comprehensive analytics, application teams often turn to custom-built solutions or patchwork fixes to meet customer needs. Ready to learn more?
This reduces the marginal cost of data collection and exponentially reduces implementation time. This is where a KPI dashboard can be implemented to streamline and automate the data collection and processing. Every company dreads implementing new systems as it leads to downtime and overhead costs. Create a company culture.
Software upgrades and maintenance are commonly included for an additional 15 to 30 percent annual fee. Services Technical and consulting services are employed to make sure that implementation and maintenance go smoothly. Developer Resources Internal developers should be included in the initial phase of implementation.
However, Oracles native reports dont cover the full gamut of an organizations reporting needs while OBIEE requires technical expertise to operate and maintain. Buying an automated reporting tool allows users to implement a modern, connected reporting environment to Oracle that automates tedious and error-prone processes.
According to our latest Finance Team Trends Report for Oracle some tasks, such as financial system maintenance (43%), management report generation (38%), or audit preparation/support (36%), are highly automated. Catch our on-demand webinar on how to make the best use of your Hubble toolkit. Ready to learn more?
When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. This next section will help you identify which accounting KPIs you should be implementing at your company. What Makes the Best Accounting KPI Metrics?
Traditional data analytics models often create bottlenecks, relying heavily on overextended IT departments to provide insights, which delays decision-making and limits agility. By democratizing data access, Vizlib helps foster a culture of inclusivity and agility, enabling informed, collaborative decision-making across your organization.
We’ve built in high security and compliance standards to eliminate the need for drawn-out risk assessments and vendor onboarding, accelerating implementation so teams can focus on delivering value rather than navigating red tape. Watch our on-demand webinar on unlocking the power of AI in Logi Symphony. Ready to learn more?
But the biggest hit to trust comes from the lack of agility. Already tasked with maintaining critical business infrastructure, IT will prioritize other urgent needs over the report, often leading to lengthy delays. Delays in generating custom reports leave your leadership with outdated information, hindering informed decision-making.
Historically, managers have shown a strong preference for maintaining minimal inventory levels. As noted, there may be some legitimate business reasons for maintaining higher levels of inventory, especially if further supply chain disruption is to be expected. Inventory Days of Supply. Inventory Turnover. for a month, quarter, or year.)
As a finance team member, it’s likely your main goals are to reduce risk, improve profitability, and maintain exceptional levels of compliance. Watch our on-demand webinar to see how Spreadsheet Server can cut your financial reporting time in half. Many finance teams rely on their ERP’s native reporting for this.
Bridging The Skills Gap: How Automation Makes Finance Teams Less Reliant on IT Access Resource Key Initiatives to Address Skills Gaps in the Workplace Given the shortage of talent finance teams are facing, they are under pressure to do more with less to maintain productivity. Ready to learn more?
We asked webinar attendees to report how their tax department is viewed by other coworkers. The first is the drive toward agility and responsiveness that arose from the abrupt changes imposed early on in the recent pandemic. Tax Teams, Agility, and the Pandemic Effect. Empowering Enterprise Tax Teams in Changing Global Times.
questions, and building contingency plans to make their businesses more agile and responsive. The two categories of customers may have very different expectations with respect to service levels, which, in turn, can determine the need for additional consulting and implementation staff to serve them.
By reconciling bank statements with cash records, businesses can ensure that account activity is accurately recorded, identify any reconciliation discrepancies or unauthorized transactions, and maintain adequate cash balances to meet operational needs.
Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud. The Harvard Business Review study finds that 88% of organizations that already have a hybrid model in place see themselves maintaining the same strategy into the future.
According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, the effective use of scenario planning enables organizations to respond quickly and confidently during times of extreme change. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting.
As inflation continues to impact major projects while contract values decline, keeping a strong reporting posture and analytical practices allow businesses to maintainagility and understand where to prioritize increasingly limited resources. For architects and engineers, predictive maintenance is an especially valuable facet of AI.
The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. Here is a snapshot of how agile corporate forecasting is. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting.
The Elephant in the Room: Concerns About the Cloud Migrating your Oracle environment to the cloud presents an exciting opportunity for increased agility, scalability, and cost savings. Open Architecture and Flexibility: Maintain control of your data and avoid vendor lock-in with insightsoftware’s open architecture solutions.
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. Effective supply chain management reduces time, money, and waste during the process of bringing a new product to market.
Today’s global economy calls for business agility. And because spreadsheets generally aren’t updated with live data from your ERP system, budgets are typically built on old information or must be manually updated periodically. Most companies today are recognizing that planning and budgeting should no longer be annual processes.
insightsoftware recently hosted a webinar on the topic of “ The Office of the CFO – A New Era: Decision Making at the Speed of Light ”. One of the main things we’ve done recently is implement OCR technology for scanning our invoices. That takes a lot of weight off our Accounts Payable people.”
It ensures data consistency and provides a historical data trail, making it ideal for scenarios where maintaining a reliable record of data changes and supporting historical analysis are crucial for your team. It trends more cost-effective compared to real-time solutions because it requires fewer resources. It is simpler and more predictable.
Plan for Agility and Adaptability. Over the past two years, business agility has become the new imperative. In this respect, it can be helpful to allow some time early in your enterprise planning implementation to consider which budgeting methodologies might be the best long-term fit for your organization.
While investment in tax and transfer software has tended to lag that in core finance systems, adoption is maturing and pressure from the office of the CFO to implement digital tools is beginning to grow. We must now work swiftly and diligently to ensure the effective implementation of this major reform.”
Accuracy Risks: Switching between applications and manual data entry between the disclosure tool and Excel increases the risk of errors and makes it difficult to maintain a single source of truth. This helps maintain data integrity and ensures transparency in your reporting process. Reduce Disclosure Risk.
Collaborative reporting tools with version control can help everyone work on the most up-to-date version, minimize inconsistencies, and maintain a clear history of data transformations – all crucial for reliable AI analysis and trusting the resulting financial insights.
Problems occur when they adopt separate solutions that don’t work together and are difficult to maintain. You save significant time by not developing your own solution or maintaining multiple solutions. Check out this webinar to see how Logi Symphony provides the self-service BI your team needs, or visit [link] to arrange a demo.
While maintaining the core functionality of your offering is essential, neglecting these differentiating features can negatively impact customer retention. But implementation can be a major growing pain for organizations that can’t afford a gap in operations. Embedded analytics offers a strategic solution to this challenge.
After you have defined and implemented a meaningful KPI, the next challenge is to improve your OTIF. Recently, insightsoftware broke this all down in a webinar created and led by Richard den Ouden, the co-founder of Angles of SAP. The on-demand webinar is available here. Many organizations calculate OTIF in different ways.
Laborious manual processes hamper an organization’s responsiveness and adaptability in a new economic reality that calls for agility to survive and thrive. insightsoftware: The Finance Team’s Answer to Manual Processes. I'd like to see a demo of insightsoftware solutions.
That way, your team and stakeholders will know when to expect the reports to maintain credibility. Shrink Reporting Cycles When those with the right business context can control project reporting, it opens the door to faster, more agile reporting processes. It’s also vital to remain consistent when distributing project reports.
Maintaining consistency across diverse reports and periods can be challenging, requiring unwavering attention to detail. Check out our on-demand webinar for more discussion about these best practices with Certent Disclosure Management.
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. Want to learn how to improve cash flow management?
The Grass Isn’t Greener at the Lakehouse However it’s not all roses and sunshine, data lakehouses take significant time to implement and effort to maintain and extend. Check out our recent webinar, Fast Track Your Oracle Cloud Data into a Data Lakehouse. Ready to learn more?
Keith Payne, VP Sales at insightsoftware, explores how organizations can prepare for market turbulence in 2023 by boosting their agile practices and considering the strength of existing tools. The journey to financial agility need not be a long one. This sort of long-term value is easy to communicate and demonstrate. Get a Demo.
Before implementing an AI-powered solution, make sure to back up data, keeping servers and data retrievable in case of setbacks. For those of you who are still determining the right approach for implementing AI, here are a few questions to ask ahead of time: Are our processes digital enough for AI? What tasks do we want to optimize?
Performing effective, timely, and relevant what-if analysis is critical for larger organizations to build agility and drive profitability. Due to their complexity and susceptibility to manual entry errors, creating agile scenario plans and rolling forecasts is simply not feasible in static spreadsheets.
Whether you’re testing BI in a new department, rolling out a smaller-scale initiative, or validating a proof of concept, SaaS for SMB allows you to experiment, innovate, and growall while maintaining the option to scale up when needed. 2024 was a year defined by technological innovation in the embedded analytics space.
FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. Creating agile scenario plans and rolling forecasts is simply not feasible in spreadsheets.
Learn how users of business applications want to quickly leverage this data to extract insights, make data-driven decisions, and take the best actions in our on-demand webinar. How Embedded Analytics Boots Data-Driven Applications: The speed at which data comes into organizations is fast and furious.
Instead of paying down debt, saving on interest expense, and preserving liquidity; its cash is committed to maintaining bloated levels of inventory. For companies striving to achieve greater agility, that kind of process simply doesn’t work. If your company is striving to achieve greater supply chain agility, insightsoftware can help.
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