Remove Download Remove IBM cost Remove IBM Expert
article thumbnail

30 Best Accounting KPIs and Metric Examples for 2021 Reporting

Insight Software

However, if DPO is too high it can indicate that the company may have problems paying its bills.DPO = (Accounts Payable / Cost of Goods Sold) x # of Days. Cost per Invoice – This is an accounting manager KPI that indicates the total average cost of processing a single invoice from receipt to payment.

article thumbnail

The Financial Close Process

Insight Software

Download Now. Income and expense account information. Expense receipts and supplier invoices. Download Now. These include revenue and expense accounts. Record the Month’s Expenses. Follow the same process for the month’s expenses. Travel expenses. This can include: Accrued expenses.

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

The good news is that downloadable templates and automation software can ease the cash flow forecasting process. How Operational Data Can Improve Cash Flow Management Download Now How to Forecast Cash Flow Cash flow forecasting is crucial for businesses, as it helps management predict cash levels.

article thumbnail

What is Account Reconciliation?

Insight Software

Hubble Best Practices: Self Service Subledger Reconciliations Download Now Why Do We Need to Reconcile Accounts? By ensuring the accuracy of accounts payable balances and expenses recorded in the accounting records, vendor reconciliation contributes to the accuracy of overhead figures reported on the income statement.

article thumbnail

How Tax Professionals Leverage Software to Become More Strategic

Insight Software

If tax teams are viewed as mere cost centers, it can be difficult for them to secure executive backing for strategic projects. Download Now. For most businesses, that meant gathering information rapidly and filing the necessary paperwork to substantiate expenses. Download Now. Tax Teams: Stepping into a Strategic Role.

article thumbnail

What is a Data Pipeline?

Insight Software

How Implementing A Data Warehouse Solution Can Accelerate and Facilitate an ERP Upgrade Download Now Types of Data Pipelines Data pipelines are processes that automate the movement, transformation, and storage of data from source systems to destination systems.

article thumbnail

Board Report Best Practices

Insight Software

operating expense ratio. Download Now. Download Now. 20-minute discovery call with a product expert. These might include KPIs related to the organization’s: gross profit margin. net profit margin. profitability. operating profit margin. working capital. Non-financial KPIs. Get a Demo. What to expect.