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What is Account Reconciliation?

Insight Software

With regular bank account reconciliation, businesses can identify and rectify errors promptly, reducing the risk of financial misstatements and fraud. Bank reconciliation involves reconciling cash accounts using bank statement reconciliations. Reconciliation is also crucial for effective cash management.

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What is Cash Flow Forecasting?

Insight Software

By regularly updating and monitoring cash flow forecasts, business owners can proactively manage their bank account cash position, optimize liquidity, and mitigate financial risks. Cash refers to the physical currency and coins a company holds, as well as funds in bank accounts that are readily available for use.

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A Quick Guide to Embedded Dashboards

Insight Software

Understanding embedded analytics dashboards starts with knowing what the term itself means—so let’s break it down. What Are Embedded Dashboards? Embedded dashboards are screens that display data and analytics within existing business applications. or consumer applications (Fitbit, your personal banking app, etc.).

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SOX Compliance Guide

Insight Software

While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. A number of SOX Act provisions also apply to privately held companies, such as the willful destruction of evidence to impede a federal investigation.

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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Insight Software

1 January 1, 2025 Companies, banks, and insurance under NFRD have to report the first set of Sustainability Reporting standards for the financial year 2024. Eliminate the need for multiple tools, systems, and formats, leading to streamlined data management and lower overall costs. Reports due in 2025.

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How Jet Reports Soars Above the Competition

Insight Software

Whether you’re analyzing sales trends, monitoring expenses, or forecasting future performance, Jet Reports provides the insights you need to make confident choices. Trusted by some of the world’s largest banks and organizations, insightsoftware’s reputation for reliability and security speaks for itself.

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CFO Panel: Generating Value in a Post-Pandemic Market

Insight Software

Peter van Tiggelen: There’s a lot more scrutiny around cost and the capital deployed on the ROIs of the investments we are making. Now that there’s the realization out there that big banks are cutting people, the realization that all the big tech companies are cutting people, we see a new normal in place.