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30 Best Accounting KPIs and Metric Examples for 2021 Reporting

Insight Software

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?

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What is a Data Pipeline?

Insight Software

Monitoring and Maintenance : Data pipelines need to be monitored and maintained to ensure they are running smoothly and efficiently, with error handling and data validation in place. They are commonly used in scenarios such as fraud detection, predictive maintenance, real-time analytics, and personalized recommendations.

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What is Account Reconciliation?

Insight Software

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. Our financial reporting solutions bring speed and agility to period-end closings.

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The Financial Close Process

Insight Software

Companies that consistently close fast and clean only get that done by implementing the right tools and methods. This is the driving principle of financial close management – a new approach to closing the books. Note Bad Debt : update the monthly books to reflect any bad debt that will be written off. Download Now. Credit cards.

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The Case for Embedded Analytics: How to Invest and Implement

Insight Software

They want their applications to connect the dots between the raw data maintained within their software systems and the actual meaning behind that information. 20-minute discovery call with a product expert. In short, they need to understand what story their data is telling them. Get a Demo. What to expect.

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Board Report Best Practices

Insight Software

Board management software is specifically constructed to help you produce fast results while maintaining a secure workplace solution. See how companies are getting live data from their ERP into Excel, and closing their books 4 days faster every month. 20-minute discovery call with a product expert. Get a Demo.

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What is Cash Flow Forecasting?

Insight Software

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.