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SOX Compliance Guide

Insight Software

It shapes the regulatory landscape for publicly traded companies in many ways, including mandates surrounding: Auditor Independence : The SOX Act restricts the types of non-audit services that auditing firms can provide to their clients. This ensures the independence of external auditors from the companies they audit.

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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. By having a clear understanding of their future cash position, businesses can implement risk management strategies to protect against potential adverse events.

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insightsoftware Ranks in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions

Insight Software

It provides a graphical comparative positioning of technology and service providers with high market growth and product differentiation. It evaluates vendors based on their completeness of vision and ability to execute. It evaluates vendors based on their completeness of vision and ability to execute.

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The 4 Common Challenges of Predictive Analytics Solutions

Insight Software

Predictive analytics has become much more prevalent over the past few years. It aids banks in approving credit or detecting suspicious activity, e-mail providers in filtering spam, and retailers in predicting customers’ likelihood to churn out or purchase products.

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2023’s Top Trends for Finance Teams in Europe, the Middle East, and Africa

Insight Software

Similarly, in a survey conducted by PwC , 75% of CFOs in the EMEA region stated that they were concerned about the lack of specialized skills in their finance teams, particularly in areas like data analytics and financial modeling. This is particularly worrying given the increasing layers of global finance regulation.

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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. Check out our webinar on self-service subledger reconciliations for a quick primer on when and how to best use self-service subledger reconciliations for your organization.

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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Insight Software

The Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) are part of the EU’s sustainable finance agenda and aim to support the transition to a green and inclusive economy. Who does the CSRD and the ESRS apply to and when? Reports due in 2025.