Data Pine

APRIL 16, 2019

By leveraging the wealth of digital insights available at your fingertips and embracing the power of business intelligence , it’s possible to make more informed decisions that will lead to commercial growth, evolution, and an increased bottom line. Download the list of the 11 essential steps to implement your BI strategy!

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Insight Software

APRIL 9, 2021

Many CFOs have embarked on a digital transformation journey to make processes more efficient and connected, and to provide a single source of truth for their data. The reality check is that the need for remote working and secure collaboration highlighted a data gap in most CFOs’ digital transformation strategies.

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Astera

JUNE 20, 2024

These tools also offer pre-built security features, scalability through cloud infrastructure, and managed maintenance, all on a subscription basis. However, it demands a deep technical understanding, significant development time, and ongoing maintenance, all of which require a dedicated team of skilled developers.

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Data Pine

MARCH 31, 2022

Here, we will answer all of these questions and more, starting with the reasons to migrate toward one of the exciting jobs that companies are currently offering in the digital world. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with.

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Insight Software

JANUARY 14, 2025

From recessions to booms and everything between, the finance landscape has changed immensely since the turn of the century. However, due to factors like insufficient use cases, lack of necessary technical skills, low-quality data, and a general reluctance to embrace new technology, the finance industry has been slow to adopt AI.

Finance 52

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Insight Software

NOVEMBER 14, 2024

However, the path to cloud adoption is often fraught with concerns about operational disruptions, downtime, and the complexities of maintaining seamless business operations. These skills gaps significantly hinder an organization’s ability to progress from cloud migration planning to implementation.

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Insight Software

MARCH 27, 2025

What Do Finance Teams Look for in Modern Planning and Close Solutions? How Does JustPerform Empower Modern Finance Teams? It offers the following benefits to modern finance teams. This provides the finance teams more time to focus on the real value-add aspects of the finance function.

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Insight Software

FEBRUARY 10, 2025

But analytics can help you and your customers maximize ROI and maintain a competitive edge. Higher Maintenance Costs for Custom Solutions: Streamlining with Embedded Analytics Without comprehensive analytics, application teams often turn to custom-built solutions or patchwork fixes to meet customer needs.

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Insight Software

OCTOBER 28, 2024

Although Oracle E-Business Suite (EBS) provides a centralized hub for financial data, the manual process of exporting data into spreadsheets is both time-consuming and prone to errors, forcing finance teams to spend considerable time verifying numbers. According to our study, 78% of Oracle-based finance teams felt over-reliant upon IT.

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Insight Software

MARCH 28, 2025

Maintaining a balanced labour cost percentage is crucial for managing operational expenses while ensuring adequate staffing levels to deliver quality service. Room maintenance cost per available room (PAR) is an operational KPI that measures the average cost of maintaining and servicing each available room.

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Insight Software

JANUARY 30, 2025

To unlock Trinos full potential, a strategic approach to implementation is key. Intelligent load balancing further enhances performance by distributing tasks evenly across nodes, reducing the risk of bottlenecks and maintaining a smooth workflow. As data volumes grow, the importance of scaling Trino horizontally becomes apparent.

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Insight Software

MARCH 31, 2025

However, Oracles native reports dont cover the full gamut of an organizations reporting needs while OBIEE requires technical expertise to operate and maintain. Buy Oracle-driven finance teams are overwhelmed by data. Buy Oracle-driven finance teams are overwhelmed by data. As you look for an alternative, where do you start?

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Insight Software

MARCH 28, 2025

Finance KPIs Finance KPIs provide insights into an airline’s financial health and efficiency. Some of these indicators include: Yield or Revenue per Kilometer (RPK) As explained in the previous category, RPK is both a sales and finance indicator.

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Insight Software

MAY 10, 2021

Financial reporting, operational reporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. As organizational priorities shift, so too do the priorities of finance teams.

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Insight Software

FEBRUARY 28, 2022

Most operational reports are created for the finance and accounting departments, but other departments also require operational reports on a recurring basis, including sales, customer service, human resources, and marketing, to name a few. Finance Teams Create Recurring Operational Reports Frequently. Microsoft Power BI.

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Insight Software

NOVEMBER 12, 2024

While this cloud ERP offers streamlined processes and improved scalability, it also limits the level of customization that finance teams have come to rely on for tailored, actionable insights. The findings paint a clear picture of the challenges facing SAP-powered finance teams migrating to the cloud. The result post-migration?

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Insight Software

APRIL 30, 2021

That’s encouraging for finance leaders who want their teams to be involved in value-adding activities like detailed forecasting, competitor analysis, and advising business units on strategies to maximize revenue and profitability. Finally, reimagine the finance operating model so that it fosters new skills and capabilities.”.

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Insight Software

OCTOBER 31, 2024

As a finance team member, it’s likely your main goals are to reduce risk, improve profitability, and maintain exceptional levels of compliance. To achieve success, you need direct access to accurate data from your ERP and the ability to quickly create drillable Excel reports for GL and other finance requirements.

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Insight Software

OCTOBER 17, 2024

Already tasked with maintaining critical business infrastructure, IT will prioritize other urgent needs over the report, often leading to lengthy delays. The finance team confidently presents insights based on a single, reliable source, eliminating the need to defend data validity. No more manual checks or second-guessing numbers.

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Insight Software

MAY 1, 2023

Software upgrades and maintenance are commonly included for an additional 15 to 30 percent annual fee. Services Technical and consulting services are employed to make sure that implementation and maintenance go smoothly. Developer Resources Internal developers should be included in the initial phase of implementation.

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Insight Software

JUNE 25, 2021

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. If the labor cost and operating cost do not raise or fall proportionally, the government’s ability to deliver services or maintain a budget will diminish. Financial KPIs for the Government.

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Insight Software

FEBRUARY 21, 2025

But even with the advantages it offers, finance teams still grapple with growing skills gaps that prevent them from successfully completing essential tasks. Several specific skill areas are in high demand within finance teams that use Oracle ERPs like JD Edwards.A

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Insight Software

OCTOBER 7, 2021

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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Insight Software

NOVEMBER 4, 2024

By hosting embedded analytics on Google’s cloud, application teams can keep data close to the Google tools they use every day, streamlining everything from deployment to digital transformation. With this setup, teams can quickly implement custom chatbots, advanced analytics, and dynamic data experiences that engage users and uncover insights.

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Insight Software

JUNE 30, 2021

A CEO can’t make large decisions that will impact the future of the company without taking finances into consideration. This reduces the marginal cost of data collection and exponentially reduces implementation time. This is where a KPI dashboard can be implemented to streamline and automate the data collection and processing.

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Insight Software

APRIL 14, 2025

As we continue to face rapid technological evolution, regulatory change, and brace for the impact of global tariffs, finance teams run the risk of floundering to keep up. Budgeting and Planning Challenges for Oracle Finance Teams The budgeting and planning cycle is an essential but time-consuming task for finance departments.

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Insight Software

FEBRUARY 15, 2024

2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. And it can’t come a moment too soon–nearly three-quarters of finance decision-makers (70%) feel pressure from market factors like inflation and economic disruption.

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Insight Software

DECEMBER 8, 2023

Next year, finance teams utilizing SAP will face unparalleled pressure due to a confluence of economic challenges. These adversities heighten the necessity for finance professionals to adeptly translate raw data into strategic guidance. The same report found that recently a new set of obstacles has emerged for finance teams.

Finance 52

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Insight Software

AUGUST 18, 2023

There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.

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Insight Software

OCTOBER 4, 2021

Historically, managers have shown a strong preference for maintaining minimal inventory levels. As noted, there may be some legitimate business reasons for maintaining higher levels of inventory, especially if further supply chain disruption is to be expected. Inventory Days of Supply. Inventory Turnover. for a month, quarter, or year.)

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Insight Software

NOVEMBER 8, 2021

After all, most finance leaders know that migrating data from their old ERP and implementing a new ERP comes with the risk of being a costly, complex, and labor-intensive process that detracts from the actual work at hand. You’ll likely be like many organizations that realize this immediately after implementing the new ERP.

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Insight Software

AUGUST 27, 2021

Because a single API page or query extension can only serve a single designated purpose, the number of extensions can accumulate over a period of time and will require ongoing maintenance. That necessitates a lot of work by highly skilled technical experts, which translates to more time, money, and more ongoing maintenance.

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Insight Software

OCTOBER 21, 2022

They want their applications to connect the dots between the raw data maintained within their software systems and the actual meaning behind that information. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations. Privacy Policy.

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Insight Software

APRIL 7, 2025

Sure, building your own analytics stack sounds gooduntil your team is buried in technical debt, chasing roadmap parity, and maintaining brittle infrastructure instead of moving your product forward. Why Building Can Set You Back Dont be the amateur taking warmup swingswhile your competition throws a no-hitter.

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Insight Software

NOVEMBER 27, 2024

In today’s digital age, data has evolved from being a mere byproduct of business processes to becoming the cornerstone of strategic decision-making. Yet, for many organizations, unlocking the full potential of their data remains a significant challenge. I understand that I can withdraw my consent at any time.

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Insight Software

MAY 3, 2021

Though the software offers several advantages over previous versions, finance teams using Microsoft D365BC may experience some challenges in the areas of operational and financial reporting. Here are some of the most common operational reporting roadblocks finance teams that use Microsoft D365BC encounter.

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Insight Software

APRIL 25, 2024

Finance is a complex field, and so are the laws that govern it. 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.

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