Insight Software

OCTOBER 4, 2021

In the domain of supply chain management, a body of best practices has emerged that enables this kind of analysis to assess the performance of internal processes, suppliers, and service providers. Here are the top 10 supply chain management KPIs that can help you run a more effective, efficient, and prosperous organization. #1.

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Insight Software

JULY 1, 2022

In these unprecedented times, supply chains are more vulnerable than ever. However, successful companies can leverage technology to turn this chaos into supply chain harmony. However, successful companies can leverage technology to turn this chaos into supply chain harmony.

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Insight Software

OCTOBER 14, 2022

In recent years, supply chain delays have moved to the forefront of global news. An unprecedented blockage in the Suez Canal rocked the worldwide economy and highlighted the need for rapid, predictive supply chain insights. Here, we discuss three ways finance teams can cope with constant changes to the supply chain.

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Insight Software

NOVEMBER 16, 2022

Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs. The sell-through rate (STR) is one of the best inventory KPIs for measuring the efficiency of your supply chain. Sometimes particular items experience a surge in demand or supply chain disruption.

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Insight Software

NOVEMBER 1, 2021

There are many ways in which your business can conduct a month-end close process–whether it be using financial reporting software, excel sheets, or an actual ledger book–but what’s important is that you cover all procedures effectively and precisely. How Long will Closing the Books Take? What is a Month-End Close Process? Download Now.

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Insight Software

FEBRUARY 20, 2024

A recent KPMG report shows that 60% of leaders are gearing up to invest in cutting-edge digital technology to fortify their supply chain processes, elevate data synthesis, and amplify analysis capabilities. This isn’t a dream, it’s the power of clear, unified supply chain data.

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Insight Software

OCTOBER 7, 2021

Days to Complete Monthly Close – This example shows how efficient the internal accounting department is at closing the books at the end of each month. Days to Complete Annual Close – Similar to the previous measure, this shows how fast your internal accounting department is at closing the year end books.

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Insight Software

DECEMBER 22, 2021

In companies that deal with physical products, there is generally a clear delineation between supply chain operations and sales functions. The latter is responsible for forecasting sales, then maximizing revenue and margins; the former must see to it that the supply chain operates as efficiently as possible.

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Insight Software

JULY 14, 2022

A vendor is a party, business, or company in the supply chain that sells goods or services to another business, company, or party. Variable costs can be things that change, such as the cost of raw materials, logistics, and labor (particularly overtime or hiring new people). There are two types of business cash flow planning methods.

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Insight Software

APRIL 5, 2021

P/B – Price to Book. It uses metrics from other businesses with similar sizes and operations in the same industry. Here is a list of the most commonly used valuation multiples: . EV/S – Enterprise Value to Sales. P/E – Price to Earnings. P/S – Price to Sales. You can also download a free CCA sample financial model for Excel here.

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Insight Software

NOVEMBER 16, 2021

Inventory to sales ratio measures overstock and is a good indicator of a company’s robustness when it comes to coping with unexpected supply chain interruptions. Inventory to Sales Ratio: This logistics metric evaluates the number of available products in inventory compared to the actual number of sales.

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Insight Software

JULY 15, 2021

In mid- to late 2019, for example, no one expected that a year later, businesses would shut down, supply chains would be disrupted, and demand curves would undergo dramatic shifts across virtually every industry. Unfortunately, there are a number of situations which business leaders simply cannot predict.

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Insight Software

JUNE 30, 2021

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Insight Software

JUNE 24, 2021

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Insight Software

JUNE 25, 2021

First Name * Last Name * Phone Number * Company Name * Job Title Industry -- Select an Industry -- Accommodation & Food Services Admin, Support, Waste Mgmt, Remediation Agriculture, Forestry, Fishing & Hunting Arts, Entertainment & Recreation Biotechnology Chemicals Communications Construction Consulting Education Services Engineering Finance (..)

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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. Note Bad Debt : update the monthly books to reflect any bad debt that will be written off. Match the accounting books against all the receipts, bank statements, bank forms, and other financial documents you have. Savings accounts.

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Insight Software

NOVEMBER 16, 2022

Having easy-to-read and straightforward board reports is something many companies can work on to forward their vision. See how companies are getting live data from their ERP into Excel, and closing their books 4 days faster every month. While reports are important, many board members aren’t taking the contents of board reports to mind.

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Insight Software

MAY 9, 2024

Get a Demo See how companies are getting live data from their ERP into Excel, and closing their books 4 days faster every month.

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Insight Software

AUGUST 13, 2024

Welcome to AI Doc Assist: Your Spreadsheet Server Sidekick Download Now Optimized Production and Supply Chain Management While AI’s impact on people is the first thing most industry leaders think of, likely the greatest impact AI has on manufacturing is in streamlined supply chains and production processes.

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Insight Software

FEBRUARY 5, 2024

Top Reasons for a Heavy Carbon Footprint From Your Supply Chain Keeping supply chains operating seamlessly in geopolitical and economic uncertainty is not a new challenge for global manufacturers, though it may feel like supply chain turbulence has become the new normal. Total dependence on fossil fuels.

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Insight Software

AUGUST 27, 2021

First Name * Last Name * Phone Number * Company Name * Job Title Industry -- Select an Industry -- Accommodation & Food Services Admin, Support, Waste Mgmt, Remediation Agriculture, Forestry, Fishing & Hunting Arts, Entertainment & Recreation Biotechnology Chemicals Communications Construction Consulting Education Services Engineering Finance (..)

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Insight Software

JUNE 17, 2021

Its timely decision meant the company was in a stronger position to cope with the impact on global supply chains and manufacturing than if it had continued with its traditional approach to transfer pricing.

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Insight Software

SEPTEMBER 20, 2021

What’s the secret to getting your board book right and impressing your directors, without a lot of time-consuming manual processes (and perhaps some sleepless nights as well)? There is a better way to produce your board books. Your selection of the right board reporting software is essential. Flexibility without IT Dependence.

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Insight Software

FEBRUARY 15, 2022

Nevertheless, the world found itself in just such a situation in early 2020, and has experienced continued fallout as factory closures, labor shortages, shipping bottlenecks, and price volatility have dramatically impacted supply chains, production schedules, and margins. An Overview of Transformative Budgeting Methods.

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Insight Software

MARCH 2, 2022

Supply chain labor standards. This element focuses on a company’s business relationships, the suppliers it uses, its contributions to the community, and the working conditions of its employees. Some factors considered here include: Product liability. Social opportunity. Product safety and quality. Privacy and data security.

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Insight Software

MARCH 25, 2024

How to Build Useful KPI Dashboards Download Now Quality of Care Key Performance Indicators for Hospitals No matter how advanced a hospital’s operation is or how immaculate its financial books appear, if patient satisfaction rates are low, it won’t succeed. Below are a few handpicked hospital KPI metrics that directly affect quality of care.

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Insight Software

NOVEMBER 14, 2022

Consider how the onset of the COVID-19 pandemic affected revenue, supply chains, and production capacity, for example. Relying on the same types of reports over and over can lead to tunnel-vision and stale decision making. The final step in an interactive EPM reporting strategy is to always be adapting.

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Insight Software

JANUARY 19, 2024

Personally, I thought about reading the book, “Guess How Much I Love You,” to my daughter when she was young and how she would sit on my lap and hang on to every word. I want you to focus on the emotions remembering that experience generated. The smile on her face, and the joy in her voice as she talked about the story, was priceless.

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Insight Software

DECEMBER 30, 2021

It’s common for supply chain managers to forecast demand for various products, including inventory requirements across multiple geographies. Will existing sources of financing hold steady as the year unfolds? Forecasting, in contrast, often addresses a single, focused aspect of the business. Sales forecasts are one such example.

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Insight Software

MARCH 4, 2024

Supply chain management (SCM) systems, which collect data on supplier diversity, compliance, environmental and social impacts, and other ESG indicators throughout the value chain. Human resource management (HRM) systems, which capture data on employee diversity, turnover, training, health and safety, and other social indicators.

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Insight Software

AUGUST 25, 2021

First Name * Last Name * Phone Number * Company Name * Job Title Industry -- Select an Industry -- Accommodation & Food Services Admin, Support, Waste Mgmt, Remediation Agriculture, Forestry, Fishing & Hunting Arts, Entertainment & Recreation Biotechnology Chemicals Communications Construction Consulting Education Services Engineering Finance (..)

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Insight Software

JUNE 25, 2023

How to Build Useful KPI Dashboards Download Now Quality of Care Key Performance Indicators for Hospitals No matter how advanced a hospital’s operation is or how immaculate its financial books appear, if patient satisfaction rates are low, it won’t succeed. Below are a few handpicked hospital KPI metrics that directly affect quality of care.

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Insight Software

NOVEMBER 2, 2021

Before the digital age, KPIs were collected in ledger books and other documents, which was a tiring and lengthy process. An Automated Process. If you want to save time and stay ahead of the curve, an automated process is something you should implement.

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Insight Software

SEPTEMBER 30, 2021

No matter how advanced a hospital’s operation is or how immaculate its financial books appear, if patient satisfaction rates are low, it won’t succeed. How to Build Useful KPI Dashboards. Download Now. Quality of Care Key Performance Indicators for Hospitals.

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Insight Software

MAY 6, 2021

Budget Books/Decks. Board Books/Decks. This isn’t limited to annual financial reporting, but has applications across the whole gamut of statutory, management, and regulatory reporting; in fact, any recurring, multi-authored report that mixes numbers and text is a prime candidate. Management Accounts. Business Unit Performance.

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Insight Software

JULY 1, 2021

The pressure is on to get the books closed cleanly, accurately, and without delay. A standardized accounting close process becomes your team’s roadmap for closing the books each month. The accounting month-end close process can be stressful for the finance team in many organizations.

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Insight Software

JULY 28, 2023

Given the impact seasonality has on supply chains, foot traffic, and consumer buying patterns, effective planning and forecasting is even more important to manage things like inventory, staffing levels, and cash-flow. In food service, menus are frequently decided by the season and what products are available.

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