Remove Digital Remove IBM Expert Remove Monitoring
article thumbnail

30 Best Accounting KPIs and Metric Examples for 2021 Reporting

Insight Software

Ad Hoc Time Spent – The time it takes for individual employees to perform tasks that are not part of normal operational work should be tracked in order to monitor the effectiveness of an internal accounting department’s standard processes. This can include time spent responding to inquiries, resolving problems or providing unusual reports.

article thumbnail

What is a Data Pipeline?

Insight Software

Change Data : A method of tracking and capturing changes made to data in a database or data source, including monitoring inserts, updates, and deletes to data records in real-time or near-real-time for the purpose of keeping downstream systems, such as data warehouses, data lakes, or other applications, in sync with the source data systems.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Cash Flow Forecasting?

Insight Software

Cash flow forecasting helps businesses plan and manage their finances effectively by providing insights into future cash needs, identifying potential cash shortfalls or surpluses, and informing decision-making related to budgeting, investment, financing, product pricing, and working capital management.

article thumbnail

What is Account Reconciliation?

Insight Software

Thanks to automation, it is entirely possible to work as an accountant for your entire career without ever manually performing a reconciliation or monitoring relevant metrics during a financial close. With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process.

article thumbnail

The Financial Close Process

Insight Software

Every form of customer debt must be precisely tracked, monitored, and recorded. 20-minute discovery call with a product expert. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations. Use receipts and other records to double-check.

article thumbnail

Top 5 EPM Reporting Templates (+ How to Get Started with EPM)

Insight Software

For virtually everyone in your organization, EPM reporting can be a powerful tool for defining clearly measurable targets, monitoring performance, and bringing your data to life. pre-built templates created by domain experts. 20-minute discovery call with a product expert. Get a Demo. What to expect. Privacy Policy.

article thumbnail

Why Tax and Transfer Pricing Software Is Essential for Multinational Companies

Insight Software

The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability. Many have shifted to digital models that enable them to more easily analyze data in detail. Overcoming Transfer Pricing Challenges in the Digital Age.