Inflexion Analytics

MAY 1, 2024

Advancements in reporting, analytics, and machine learning have reshaped the possibilities for businesses worldwide. This dynamic shift underscores a vital reality for today’s business leaders: the tools and strategies we employ for data analysis can profoundly influence our companies’ future trajectories.

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Insight Software

MAY 1, 2023

Data visualizations are no longer driving revenue: Everyone from Google to Amazon now provides low-cost or no-cost visualization tools that drive down the perceived value of data visualizations. Users are coming to expect sophisticated analytics at little or no cost. End users expect more from analytics too.

Embedded Analytics 52

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Insight Software

JULY 14, 2022

The overall goal of business cash flow planning is to be able to predict how much money your company will have at some point in the future, so you can cover expenses and debts like payroll, purchase orders, rent/lease payments, and utilities. And also operating expenses such as payroll. How to Select Budgeting Software. Download Now.

Planning 52

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Insight Software

JUNE 24, 2022

This is the driving principle of financial close management – a new approach to closing the books. Income and expense account information. Expense receipts and supplier invoices. These include revenue and expense accounts. Record the Month’s Expenses. Follow the same process for the month’s expenses.

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Insight Software

NOVEMBER 16, 2022

Reduce costs. Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs. It’s not always possible to pass these costs onto customers. Then take that number and work out: Inventory turnover ratio = (total cost of goods sold / average inventory value).

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Insight Software

AUGUST 27, 2021

That requires technical expertise, which can be expensive. Most customers will end up paying expensive outside consultants to provide these services. That, in turn, creates long-term costs for your business. If you have more than just a few custom tables or fields, that can add up to a lot of money.

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Insight Software

JULY 1, 2022

If tax teams are viewed as mere cost centers, it can be difficult for them to secure executive backing for strategic projects. For most businesses, that meant gathering information rapidly and filing the necessary paperwork to substantiate expenses. Tax Teams: Stepping into a Strategic Role.

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Insight Software

MAY 9, 2024

A data pipeline is a series of processes that move raw data from one or more sources to one or more destinations, often transforming and processing the data along the way. These pipelines help organizations maintain data quality and support informed decision-making across different domains.

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Insight Software

NOVEMBER 16, 2022

operating expense ratio. See how companies are getting live data from their ERP into Excel, and closing their books 4 days faster every month. These might include KPIs related to the organization’s: gross profit margin. net profit margin. profitability. operating profit margin. working capital. Download Now. Get a Demo.

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Insight Software

NOVEMBER 14, 2022

Oracle Hyperion and Oracle PBCS are valued for their robust capabilities, for example, but those typically come at a high cost. That cost isn’t limited to staff resources and hefty license fees. This creates an opportunity-cost when decision makers have to wait for the reports they’ll be using to track performance metrics.

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Insight Software

JULY 1, 2022

We’ve managed to improve our data integrity by major, major steps.”. Clean data is here. Absolutely flabbergasted. Read the full Heineken case study here.

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Insight Software

APRIL 26, 2022

For companies that operate multiple corporate entities, the most common approach is to create distinct companies within D365 F&SCM, each with its own set of books. Customizing Comes with High Costs. Complex Consolidations. Financial Reporting was never designed to be used as an analysis tool.

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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

MAY 12, 2023

Perhaps one of the simplest, quickest routes to this “bright future of embedded analytics” is containerization. According to a recent IBM survey , the use of containers is clearly gaining momentum: 61% of container adopters reported incorporating them into 50% or more of their new applications developed in the past two years.

Business Intelligence 52

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Insight Software

MAY 2, 2022

During this process, you notice that maintenance and repair expenses were especially high in June and July. Before you can determine a budget for next year’s maintenance and repair costs, you’ll need to investigate further. Double-click that number, and you’ll see all of the detailed transactions that comprise that expense line.

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Insight Software

AUGUST 13, 2024

For instance, AI-driven optimization can streamline operations, from the factory floor to the distribution center, resulting in substantial cost savings and improved customer satisfaction. By analyzing a range of factors such as cost, performance, and sustainability, AI can identify the most suitable materials for a given product.

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Insight Software

DECEMBER 22, 2022

Angles from insightsoftware automatically configures the most popular BI tools from Oracle, IBM, SAP, Microsoft, and Tableau to work with the pre-built reports and Views. Increase your team’s inherent value and allow them to delve deeper into the data than they ever thought possible. Project Manufacturing. Get a Demo. What to expect.

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Insight Software

DECEMBER 7, 2022

Automation and deeper insights don’t happen overnight, the change process and re-tooling can be expensive in terms of both money and time. If you want the company to buy in, then you must be able to clearly communicate your data plan and demonstrate the long-term value. To this end, we have two suggestions: Start small. Get a Demo.

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Insight Software

FEBRUARY 2, 2023

KPIs, such as net profit margin or cost of goods sold, are measured on a monthly, quarterly, or yearly basis. KPIs You Should Track There are a few steps required to build a performance-driven culture fueled by data and insight. Safety incidents lead to mounting costs, including increased insurance payments and settlements.

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Insight Software

OCTOBER 1, 2024

Trino’s ability to run distributed queries across multiple sources, paired with Simba’s streamlined connectivity, allows you to build scalable, high-performing ETL processes that reduce costs and enhance efficiency. Efficient Batch Processing: Using Simba, you can process large data volumes from various sources quickly and effectively.

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Insight Software

JUNE 28, 2022

A growing number of candidates are emerging from top business schools with data analytics skills. With transfer pricing software, teams can deliver faster and more accurate transfer pricing data and use scenario planning to identify disparities between forecasted and actual tax liabilities.

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Insight Software

MAY 23, 2022

In the US, for example, a reduction in federal tax rates led to an increased percentage of expenses being allocated to state taxes. Another key trend is the rise in importance of business analytics, which deliver tremendous value to corporate leaders across every department, including the tax team.

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Insight Software

MAY 3, 2022

But at what cost? Free” products can turn out to be very expensive, especially if you don’t think ahead about what you’re getting or understand the limitations you may face down the road. Others offshore the process, prioritizing cost-savings over customer satisfaction. Who do you want on the phone answering your support call?

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Insight Software

NOVEMBER 2, 2022

Patrick takes Jane’s idea one step further, graphically displaying historical sales figures, then adding trendlines, superimposed with promotional expenses for the same period. The Path to Data Leadership: Embracing Embedded Analytics. Unfortunately, most of them are missing the “why” behind those figures. Download Now.

Data Visualization 52

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Insight Software

NOVEMBER 28, 2023

As businesses navigate the ever-changing landscape of tax regulations, they face the ongoing challenge of increasing productivity while minimizing costs. In this digital era, the rising need for technical data skills has become indispensable for tax professionals looking to do more with less.

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Insight Software

MAY 9, 2022

It’s common practice in many startups–and even in some more mature public firms–to make do with manual processes and low-cost solutions for managing disclosures and cap tables. The first is to outsource it, but that comes with longer reporting cycles, higher costs, higher risks, and more. Companies have two options for handling this.

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Insight Software

MAY 24, 2022

While many companies have existing EPM solutions in place, they can be expensive to purchase and implement, and even more expensive to maintain. The alternative is to hire expensive outside consultants, another unpalatable option for today’s cost-conscious organizations.

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Insight Software

MAY 4, 2022

Dependency on Expensive Consultants or the IT Department. In most organizations, finance relies upon the IT department to do that, or they pay expensive outside consultants to get the job done. Outside consulting firms can often be more responsive, but with that comes a very high cost. Challenge 3.

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Insight Software

NOVEMBER 18, 2022

And without the need for expensive business intelligence tools or IT projects. If business units are structured differently across each region, then individual profit centres and cost centres will need to be presented in ways that suit the needs of regional management. Here are five ways CXO can improve your Essbase reporting.

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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. Along with offering the lowest migration cost, they provide a similar ongoing report development environment as your ERP, which allows for easy adoption. Get a Demo. What to expect.

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Insight Software

FEBRUARY 5, 2024

Powerful technology plays a key role in these efforts, as insight-enabled supply chain management allows early adopters to improve logistics costs by 15%, compared with slower-moving competitors. Unmask hidden inefficiencies: Analyze energy consumption patterns across operations to pinpoint costly carbon culprits.

Supply Chain 52

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Insight Software

OCTOBER 13, 2022

You copy and paste the numbers into a summary P&L slide, followed by a few slides that highlight sales trends for the quarter, another for cash flow, and a series of detailed slides that show expenses. The CFO adds a collection of explanatory bullet points alongside the numbers on each slide.

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Insight Software

OCTOBER 12, 2022

Larger multinational enterprises generally view tax and transfer pricing software as must-have assets, but small and midsize companies can achieve the same results, without the complexity and high costs of enterprise-level tools. It’s important to build a business case if you intend to move forward.

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Insight Software

FEBRUARY 8, 2023

This long-term relationship is known as broker “lock-in” and has the potential to cost you dearly in the long-run. Being saddled with high financial penalty from the platform owner or get bogged down in time consuming data exports to a new system, including the costly implementation of new software. Not cost burdens down the road.

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Insight Software

SEPTEMBER 30, 2022

Angles for Oracle solution allows you to implement a true reporting environment in the least amount of time, and at the lowest cost. Auto-generation technology speeds up the process of populating reporting tools and worksheets with the business content necessary to gain meaningful business intelligence in less time and cost.

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Insight Software

NOVEMBER 16, 2022

The increasing frequency of mergers and acquisitions challenges organizations’ capacity to bring data together and consolidate reporting at scale. Complexity Drives Costs: Simplify Financial Reporting and Succeed. A holistic approach to data analytics enables companies to fast-track that process. Download Now.

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Insight Software

MAY 20, 2022

They need to ensure that cost allocation rules and calculations are applied properly, that transfer pricing records are fully auditable, and that price-based forecasts can be adjusted over time as rates, rules, formulas, and data change. Getting it wrong can be costly. Longview Operational Transfer Pricing Overview.

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