Analysts Corner

FEBRUARY 25, 2025

This process involves verifying, investigating, and auditing the financial and operational aspects of the deal (source). As data professionals, we play a crucial role in this phase by managing and structuring key quantitative data. One of the most important aspects of due diligence is financial analysis.

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Insight Software

APRIL 5, 2021

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial modeling can be quite handy in a number of situations.

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Insight Software

JANUARY 14, 2025

Let’s delve into the biggest financial reporting trends that we expect to define the year. Artificial Intelligence The benefits of AI, such as accounting support, anomaly detection, and financial analysis are undeniable. I understand that I can withdraw my consent at any time. Privacy Policy.

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Insight Software

JULY 15, 2021

Unless or until the company develops scenario models around these various options, it may be difficult to make a well-informed decision about where to focus company resources and energy. When they do so, managers are much better equipped to make fully informed decisions. Consider a typical financial analysis process.

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Insight Software

AUGUST 20, 2024

In today’s fast-changing financial world, success requires making informed decisions quickly. That means embracing technology for streamlined processes, accurate data, and better collaboration. Relying on outdated data is like driving a car blindfolded. That’s where Jet Reports from insightsoftware comes in.

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Insight Software

DECEMBER 30, 2021

Indeed, they also serve an important managerial function — helping to inform business leaders as to the likelihood that the company will meet its objectives. If your organization wants to improve its capabilities in financial analysis, learn how insightsoftware can help you exercise control over your financial planning and forecasting today.

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Insight Software

SEPTEMBER 22, 2021

Because this is a theoretical scenario, an exploration of something that might possibly happen, the resulting financial analysis would be deemed a “projection.”. Both forecasts and projections are forward-looking statements; they both amount to predictions that management is making about future financial results. Timeframes.

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Insight Software

DECEMBER 11, 2023

The reality for most real estate and property management organizations involves grappling with a multitude of data sources. Validating external information against the general ledger is just the beginning. Your accounting team faces the challenge of harmonizing data from various software systems.

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Insight Software

MAY 6, 2024

Imagine this: sales data in your CRM uses opportunity IDs, while your ERP system uses unique sales order numbers. Merging these datasets requires not just combining the data, but also complex transformations to ensure corresponding fields like customer and product information align seamlessly.

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Insight Software

AUGUST 27, 2024

However, making informed, timely decisions is difficult without on-demand access to accurate data. Traditional reporting methods often involve delays, leading to decisions based on outdated information, which can result in missed opportunities or costly missteps. I understand that I can withdraw my consent at any time.

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Insight Software

OCTOBER 1, 2021

You resolve to assemble the information manually by copying and pasting information into a spreadsheet. They simply don’t work well for financial analysis because they lack the ability to add formulas, pivot tables, “what if” scenarios, and so on. Second, it has a tendency to introduce errors. Independence from IT.

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Insight Software

NOVEMBER 7, 2023

Security and compliance demands: Maintaining robust data security, encryption, and adherence to complex regulations like GDPR poses challenges in hybrid ERP environments, necessitating meticulous compliance practices. Streamlines data governance, enhancing data accuracy and allowing efficient management of data lifecycle tasks.

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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. Privacy Policy.

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Insight Software

SEPTEMBER 26, 2023

Cleanse Data Data cleansing is a critical element of effective data management, guaranteeing that ERP data is accurate, consistent, complete, and compliant. This consistency simplifies the interpretation and comparison of information across various reports and timeframes, bolstering user confidence. Privacy Policy.

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Insight Software

MARCH 22, 2023

With Longview Tax, you’ll be able to complete provisioning faster because data is presented in real-time, without needing to wait on data consolidation or processing. Better Insights for Better Decisions With a recession looming, decision-makers are placing greater importance on accurate financial analysis to inform business direction.

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Insight Software

MARCH 17, 2025

Automation and Process Optimization Manual financial processes drain time and resources, forcing teams to spend hours on repetitive tasks instead of strategic initiatives. EPM solutions eliminate these bottlenecks by automating repetitive financial tasks such as data entry, consolidation, and report generation. Privacy Policy.

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Insight Software

DECEMBER 18, 2024

This includes Human Resources Information System (HRIS), Enterprise Asset Management (EAM), Customer Relationship Management (CRM) systems, and other non-ERP software. Our tools are designed to bridge this gap by automating routine tasks, enhancing data accuracy, and providing a platform for deeper financial analysis.

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