Insight Software

APRIL 8, 2024

Empowering Finance Teams: How EPM Software Solves Data Challenges While data silos and manual processes create significant bottlenecks, a powerful solution exists: Enterprise Performance Management (EPM) software. EPM acts as a game-changer for your finance team, streamlining data management and reporting processes.

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Insight Software

APRIL 4, 2024

Both D365 BC and D365 F&SCM are built with a cloud-first strategy and available in on-premises (on-prem) and cloud deployments, giving you the flexibility to choose the implementation that works best for your business needs, now and in the future. This is a particularly attractive feature for companies pursuing a remote work model.

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Astera

APRIL 10, 2023

In today’s digital landscape, data management has become an essential component for business success. Many organizations recognize the importance of big data analytics, with 72% of them stating that it’s “very important” or “quite important” to accomplish business goals. Try it Now!

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Insight Software

APRIL 25, 2024

Internal Controls : Companies must establish and maintain internal control structures and procedures for financial reporting. SOX, in the context of IT, requires companies to implement controls that safeguard the accuracy of financial reporting. This, in turn, helps maintain the overall stability and credibility of financial markets.

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Insight Software

SEPTEMBER 15, 2023

On-prem ERPs are hosted and maintained by your IT department and typically can only be accessed via an in-office network connection or VPN remote connection. Organizations must weigh this long-term cost against the time and effort involved in maintaining an on-prem equivalent. Will transitioning to the cloud disrupt my business?

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Astera

JANUARY 18, 2024

Data Quality : It includes features for data quality management , ensuring that the integrated data is accurate and consistent. Data Governance : Talend’s platform offers features that can help users maintain data integrity and compliance with governance standards. EDIConnect for EDI management.

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Insight Software

NOVEMBER 7, 2023

The answer depends on your specific business needs and the nature of the data you are working with. Both methods have advantages and disadvantages: Replication involves periodically copying data from a source system to a data warehouse or reporting database. This typically occurs on a schedule, such as hourly or daily.

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Astera

APRIL 3, 2023

With the need for access to real-time insights and data sharing more critical than ever, organizations need to break down the silos to unlock the true value of the data. What is a Data Silo? A data silo is an isolated pocket of data that is only accessible to a certain department and not to the rest of the organization.

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Insight Software

MAY 23, 2024

Implementation and maintenance are key challenges – do your customers have time to implement the solution? A slow onboarding process or cumbersome maintenance needs can quickly erode a user’s initial excitement. Roadblocks to a Sticky Application Ensuring an application is sticky isn’t always a cut-and-dry process.

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Insight Software

JANUARY 24, 2024

Completing your annual filing is a deeply collaborative process that requires considerable time and painstaking attention to detail for data validation and tag management. With multiple contributors working on your annual report, it can be challenging to effectively track workflows and maintain version control.

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Astera

OCTOBER 10, 2023

Managing data effectively is a multi-layered activity—you must carefully locate it, consolidate it, and clean it to make it usable. One of the first steps in the data management cycle is data mapping. Data mapping is the process of defining how data elements in one system or format correspond to those in another.

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Insight Software

NOVEMBER 21, 2023

To have any hope of generating value from growing data sets, enterprise organizations must turn to the latest technology. You’ve heard of data warehouses, and probable data lakes, but now, the data lakehouse is emerging as the new corporate buzzword. To address this, the data lakehouse was born.

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Insight Software

DECEMBER 17, 2021

Automating Data Management to Transform Reporting Processes. In the context of group reporting, it is about, for example, ensuring consistent data definitions and charts of accounts across the organization. Automation and data management go hand-in-hand. Why CFOs Must Transform Their Financial Reporting.

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Insight Software

APRIL 30, 2024

Storage Access API If you are currently embedding Logi Symphony’s Managed Dashboards and Reports area using an iframe or the embed library, it has already implemented the most widely available solution recommended for handling the upcoming third-party cookie restrictions, known as the Storage Access API.

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Insight Software

FEBRUARY 15, 2024

The same study reveals the top reasons why finance leaders haven’t implemented generative AI yet, which include: Lack of technical skills and capabilities Low-quality data Insufficient use cases Despite the technology being in its relative infancy, early adopters of generative AI in finance are already seeing several benefits.

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Astera

AUGUST 8, 2023

The drag-and-drop, user-friendly interface allows both technical and non-technical users to leverage Astera solutions to carry out complex data-related tasks in minutes, improving efficiency and performance. Pre-built Transformations: It offers pre-built transformations like join, union, merge, data quality rules, etc.,

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Insight Software

FEBRUARY 23, 2024

This field guide to data mapping will explore how data mapping connects volumes of data for enhanced decision-making. Why Data Mapping is Important Data mapping is a critical element of any data management initiative, such as data integration, data migration, data transformation, data warehousing, or automation.

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Insight Software

AUGUST 24, 2023

Although many companies run their own on-premises servers to maintain IT infrastructure, nearly half of organizations already store data on the public cloud. The Harvard Business Review study finds that 88% of organizations that already have a hybrid model in place see themselves maintaining the same strategy into the future.

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Insight Software

NOVEMBER 7, 2023

But with two data streams hybrid instances can be challenging to manage and maintain without the right tools. But with two data streams hybrid instances can be challenging to manage and maintain without the right tools.

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Astera

JANUARY 19, 2024

Shortcomings in Complete Data Management : While MuleSoft excels in integration and connectivity, it falls short of being an end-to-end data management platform. Notably, MuleSoft lacks built-in capabilities for AI-powered data extraction and the direct construction of data warehouses.

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Insight Software

MARCH 24, 2024

For many businesses, there’s a belief that the process of implementing a new ERP system is the most challenging part of the process, but it’s really the process of choosing your new ERP. So, you’ve decided to move from an on-premises ERP system to Microsoft Dynamics 365 Business Central (D365 BC). That’s great news!

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Insight Software

JANUARY 29, 2024

However, hybrid systems can be challenging to maintain without the right tools. And even fewer finance teams have implemented generative AI at just 1%. If you’re not ready to invest yet but are considering moving forward with AI implementation in the future, a cloud migration can help.

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Insight Software

JANUARY 19, 2024

Manual Processes Limit SOA Agility and Value If your SOAs are still managing documents through manual processes, or using a tool without a document management feature, they are burning huge amounts of time manually updating and maintaining spreadsheets. Reduced Transparency : Transparency is crucial in equity management.

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Insight Software

MARCH 25, 2024

Use of Medical Equipment : This hospital metric highlights the utilization of equipment and consequently, the maintenance cost associated with it. If the medical equipment utilization KPI is neglected, it will lead to high maintenance costs and wasted manpower. Most technologies could either be repurposed or decommissioned and sold.

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Astera

MARCH 13, 2023

Modern organizations must process information from numerous data sources , including applications, databases , and data warehouses , to gain trusted insights and build a sustainable competitive advantage. It’s a tough ask, but you must perform all these steps to create a unified view of your data.

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Insight Software

MAY 6, 2024

Further, Oracle Cloud ERP’s AI features might require specific tracking of where the data came from (data lineage) to ensure transparency and auditability. The best tools act as a central hub, allowing multiple team members to work on the same dataset simultaneously.

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Insight Software

SEPTEMBER 1, 2023

By forecasting demand, identifying potential performance bottlenecks, or predicting maintenance needs, the team can allocate resources more efficiently. Data Privacy and Security Concerns: Embedded predictive analytics often require access to sensitive user data for accurate predictions.

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Insight Software

SEPTEMBER 19, 2023

Data Access What insights can we derive from our cloud ERP? What are the best practices for analyzing cloud ERP data? Data Management How do we create a data warehouse or data lake in the cloud using our cloud ERP? How do I access the legacy data from my previous ERP?

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Insight Software

APRIL 25, 2024

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.

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Insight Software

SEPTEMBER 22, 2023

However, the complexity of Microsoft Dynamics data structures serves as a roadblock, making it difficult to use Power BI without a proper connection to your data. Dynamics ERP systems demand the creation of a data warehouse to ensure fast query response times and that data is in a suitable format for Power BI.

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Insight Software

APRIL 18, 2024

Customers expect rapid value from your product (time-to-value), unwavering security of their data, and access to advanced analytics capabilities. While maintaining the core functionality of your offering is essential, neglecting these differentiating features can negatively impact customer retention.

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Insight Software

FEBRUARY 1, 2024

Building and maintaining an advanced analytics solution takes time and significant manpower. Instead of spending extra hours maintaining the analytic code base in Youmanage’s homegrown reporting solution, Youmanage decided to free up their team by investing in an analytics development platform.

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Insight Software

MARCH 24, 2024

Combining EPM and tax reporting tools streamlines the reporting process, while maintaining autonomy. Finance teams can generate financial reports within the EPM tool, and tax teams can access the necessary financial data directly from the tax reporting tool, reducing the need for manual data entry and reconciliation.

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Insight Software

MARCH 13, 2024

Its easy-to-configure, pre-built templates get you up and running fast without having to understand complex Dynamics data structures. Free your team to explore data and create or modify reports on their own with no hard coding or programming skills required. With Atlas, you can put your data security concerns to rest.

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Insight Software

MARCH 6, 2024

Running your own technological infrastructure adds another layer of challenge–storage for both your current and backup data requires maintaining hardware and fronting the bill for the electricity it consumes. This drastically reduces or eliminates the need to maintain expensive hardware that quickly becomes outdated.

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Insight Software

FEBRUARY 29, 2024

3) Data Fragmentation and Inconsistency Large organizations often grapple with disparate, ungoverned data sets scattered across various spreadsheets and systems. This fragmentation results in the lack of a reliable, single source of truth for budget data, making it challenging to maintain data integrity and consistency.

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Insight Software

FEBRUARY 5, 2024

Additionally, inefficient dashboards and analytics hinder visibility into resource consumption patterns, making it difficult to pinpoint energy-intensive processes and implement resource-efficient measures. Flawed calculations can underestimate or overestimate emissions, obscuring your true environmental impact.

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