Insight Software

APRIL 25, 2024

With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process. Check out our webinar on self-service subledger reconciliations for a quick primer on when and how to best use self-service subledger reconciliations for your organization.

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Insight Software

APRIL 5, 2021

As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial modeling involves combining key accounting, finance, and business metrics to build an abstract representation, or model, of a company’s financial situation. That being said, one model can’t do it all.

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Insight Software

JULY 14, 2022

Download Now. If you are continually juggling finances to make sure you keep enough money in the bank, your profit margins may be too slim. Cash flows from operations (CFO), also known as operating cash flows, entails cash flows that occur directly from the normal course of your business, such as when you sell goods or services.

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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. Here are some of the ways in which our software can streamline your reporting process: Interface with other services. Top 5 Excel Tips & Tricks Every Finance Manager Should Know. Download Now.

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Insight Software

NOVEMBER 1, 2021

Download Now. Download Now. Your accounts payable represents the money that you owe other people for goods and services that you have received. We’re all subject to human error, so it’s a good idea to review your information by a third party before submitting it. How to Compare Reporting & BI Solutions.

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Insight Software

NOVEMBER 16, 2022

Download Now. Focusing on your existing customers is an essential strategy for measuring the overall performance of your service. Download Now. Using a third-party fulfillment center. Service Level. Service level measures the percentage of customers who aren’t affected by out-of-stock issues.

Supply Chain 52

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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 16, 2021

Download Now. Healthy finances are the backbone of every successful operation. Download Now. It means that a large portion of assets are financed by debt, which implies a higher rate of return for the owners but creates uncertainty around returns to shareholders. How to Build Useful KPI Dashboards.

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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

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

MAY 9, 2024

Data pipelines support data science and business intelligence projects by providing data engineers with high-quality, consistent, and easily accessible data. Cloud Data Pipelines : These pipelines move data between cloud-based systems, such as from one cloud service to another or from on-premises to the cloud.

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Insight Software

AUGUST 15, 2024

Meeting these key performance indicators is crucial for business leaders to assess the performance of internal processes, suppliers, and service providers. Download this brochure for more details about the benefits of connected planning and supply chain management. What is a Supply Chain?

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Insight Software

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. The Definitive Guide to Predictive Analytics Download Now What are the Risks for Application Teams?

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Insight Software

MARCH 24, 2024

If the step above is meticulously applied, the non-profit will have cross-sectional metrics that include all departments, from Human Resources to Finance. These KPIs are grouped into five cross-sectional sets of finance, campaign, donor, growth, and people metrics.

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Insight Software

JUNE 17, 2024

It involves projecting the future cash receipts and payments based on historical balance sheet data, current financial information, and anticipated changes in business operations and financing activities. The good news is that downloadable templates and automation software can ease the cash flow forecasting process.

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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

JUNE 24, 2022

This standard is held up as a measure of a finance or accounting department’s effectiveness. Download Now. It orients a finance department towards faster, more accurate, and more efficient financial closes. Download Now. Double-check that: All vendor bills are recorded in the software. Fast and clean.

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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

OCTOBER 1, 2024

Finance professionals often stick to proven methods, understanding that disrupting established systems can jeopardize time-sensitive financial processes. How do you embrace finance transformation without downtime or a steep learning curve? Here, we discuss three ways to smoothly transform your finance strategy.

Finance 52

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Insight Software

AUGUST 27, 2021

For the reasons described earlier, Microsoft closed off customers’ ability to directly access the underlying ERP data using SQL database queries, opting instead to publish a dedicated set of web services APIs (application programming interfaces) that would allow programmatic access to the data. In June 2021, Microsoft released version 2.0

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Insight Software

AUGUST 20, 2024

Designed to seamlessly integrate with Microsoft Dynamics 365 Business Central (BC), NAV, and GP, Jet Reports empowers finance professionals to build reports and dashboards without needing IT support. That’s where Jet Reports from insightsoftware comes in. This means you get real-time, accurate data without the headaches.

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Insight Software

SEPTEMBER 25, 2024

In the fast-paced world of finance and property management, accurate and timely reporting is crucial. Factors such as complex data extraction, manual processes, and reliance on IT support can hinder efficiency. However, many of these tools require technical expertise.

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Insight Software

NOVEMBER 15, 2021

Download Now. Excluding income tax, the other direct and indirect taxes such as property tax, sales tax, use tax, goods and services tax (GST), and finally, value-added tax (VAT), can be a large portion of the tax cost. There has been a shift towards choosing managed services, shared services, and centers of excellence.

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Insight Software

JUNE 24, 2023

If the step above is meticulously applied, the non-profit will have cross-sectional metrics that include all departments, from Human Resources to Finance. These KPIs are grouped into five cross-sectional sets of finance, campaign, donor, growth, and people metrics.

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IBM cost IBM Maintenance IBM Support Monitoring 52

Insight Software

NOVEMBER 2, 2021

This network consists of manufacturers, vendors, warehouses, transportation, distribution centers, and retailers. Download Now. Download Now. For example, if you improved the purchase price of a product, your finances would improve in value, but your stock rotation would not. How to Build Useful KPI Dashboards.

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Insight Software

JULY 28, 2023

Demand for new capabilities: If your users demand advanced capabilities and self-service analytics, using basic dashboards and reports may lead to increased customer churn. They expect features like embedded self-service analytics, write-back, and workflow capabilities to seamlessly integrate with their other tools. So, now what?

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Insight Software

JULY 15, 2021

The manufacturer responded by shifting to the production of acrylic barriers for cashier stations, customer service desks, and private offices, where it was impossible to avoid person-to-person altogether. There are several factors that vary greatly for servicing the larger customers versus smaller ones.

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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

APRIL 25, 2024

Finance is a complex field, and so are the laws that govern it. It shapes the regulatory landscape for publicly traded companies in many ways, including mandates surrounding: Auditor Independence : The SOX Act restricts the types of non-audit services that auditing firms can provide to their clients. insightsoftware is here to help.

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Insight Software

FEBRUARY 23, 2024

Third, it supports data-driven decision making by providing a holistic view and context for data analysis. Mapping Customer Data An organization decides to integrate data from its various customer touchpoints, such as sales, marketing, and customer support, into a unified CRM system.

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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

JULY 31, 2022

Recent global crises have permanently changed the face of finance. In the wake of these changes, the finance function has transitioned to a more forward-looking approach as well. This year, 514 respondents from North America and EMEA revealed some of the trends shaping finance and the progress being made in the journey to digitization.

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Insight Software

MARCH 23, 2024

Therefore, without understanding and evaluating KPIs, governments cannot fulfill their commitment to responsible spending and transparency, and the public cannot verify if the required services are being adequately performed. For the public sector, financial and service KPIs should have a higher weight than other metrics.

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Insight Software

OCTOBER 14, 2022

Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Sub-par customer service. If they keep this data siloed, then Procurement and Finance would not know to order more units or build that capacity in future budgets.

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Insight Software

SEPTEMBER 30, 2021

Like many other service providers, hospitals depend on their customers (patients) to run their business. A successful hospital runs efficiently, provides life saving services and plays a valuable role in driving public health measures. Download Now. Financial Key Performance Indicators for Hospitals.

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Insight Software

JULY 1, 2022

Stock projections will be incorrect, impacting finances like working capital and revenue. Download Now. Insights can then be published directly or distributed by being pushed to or pulled by third-party BI tools. This can make it more difficult to set and execute strategy, leading to slow and poor decision making.

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Insight Software

NOVEMBER 14, 2024

By focusing on system and data alignment and equipping Oracle-powered finance teams with autonomous, efficient tools, organizations can smooth the transition and keep disruptions to a minimum. Top 5 Things to Consider Before Moving to Oracle ERP Cloud Download Now 2.

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