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. Therefore, a low overhead cost is more desirable.

IBM cost 52

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Insight Software

JUNE 25, 2023

However, in order to thrive, they must also operate sustainably and mange costs. Much like other for-profit businesses, hospitals must keep track of their finances, optimize their operational practices, and provide a healthy work environment for their people. How to Choose the Most Impactful Hospital KPIs?

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Insight Software

APRIL 25, 2024

With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process. Your finance team will be able to establish effective, repeatable processes with custom templates, bulk journal entry updates, and automatic data validation from within Excel.

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Insight Software

AUGUST 15, 2024

Supply chain managers should strive to reduce costs throughout the chain by eliminating unnecessary expenses and focus instead on creating efficiency and added value for the end user. This includes supply chain operations such as return authorization, product inspection, restocking, and disposition to minimize costs and maximize value.

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Insight Software

APRIL 18, 2024

Embedded analytics offers a strategic solution to this challenge. By seamlessly integrating industry-leading data intelligence and control features directly into your existing platform, embedded analytics unlocks significant advantages. Why Embedded Analytics? Infrastructure costs. Here’s how.

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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

MARCH 23, 2024

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. 5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue.

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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.

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Insight Software

MAY 23, 2024

Here, we discuss three ways you can monetize data with an embedded analytics investment. According to insightsoftware and Hanover Research’s recent Embedded Analytics Report , the overwhelming majority of development teams (84%) found generative AI to be the most important trend of the next five years.

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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.

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Insight Software

FEBRUARY 23, 2024

An on-premise solution provides a high level of control and customization as it is hosted and managed within the organization’s physical infrastructure, but it can be expensive to set up and maintain. Data warehouses can be complex, time-consuming, and expensive.

IBM Support 52

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Insight Software

JUNE 23, 2023

These KPIs are grouped into five cross-sectional groups of finance, operations, services, citizens, and human resources. 5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue.

Government 52

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Insight Software

SEPTEMBER 1, 2023

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. The strain is especially palpable for finance professionals in the construction industry.

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Insight Software

MAY 12, 2023

Both product analytics and embedded analytics fall into this tool category. Let’s look at how embedded analytics differs from product analytics, and why both are useful. Product Analytics Defined Product analytics tools help product teams and managers measure the success of their digital products.

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Insight Software

SEPTEMBER 19, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. Finance teams, like yours, are expected to offer meaningful input on cloud investments. This saves time and cost by ensuring your existing reports continue to work after each upgrade.

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Insight Software

NOVEMBER 14, 2024

Not only does cloud migration allow businesses to adapt and scale with speed and efficiency, but it also provides better accessibility, lower costs than many on-prem solutions, better security, and improved integration options with other cloud-based applications. Today moving to the cloud is not an if, but a when. 

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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

SEPTEMBER 1, 2023

SAP Central Finance is the KEY S/4HANA Deployment Option Are you still undecided on your path to move to S/4HANA? If so, consider this question: Why not use SAP Central Finance to start your move, and leverage prebuilt integration products from insightsoftware to simplify and accelerate your journey?

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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. These products are ill-equipped to handle the demands of a sophisticated business environment, leaving your finance team struggling to keep up.

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Insight Software

MAY 4, 2021

That usually calls for a back-and-forth conversation between the user in the finance department and a technical expert from IT. SAP Analysis for Office is a reasonably good tool for getting a surface-level view of ERP data, but it is simply not flexible enough to provide for the sophisticated needs of analysts in finance and accounting.

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Insight Software

MAY 9, 2024

Finance organizations can then leverage advanced analytics and machine learning applications to gain valuable insights for strategic planning and risk management. Data pipelines gather and consolidate large volumes of historical data from various financial systems and external sources.

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Insight Software

SEPTEMBER 1, 2023

For example, in an e-commerce application, predictive analytics can help anticipate spikes in traffic during specific events or seasons, allowing the team to scale server capacity accordingly. This prevents over-provisioning and under-provisioning of resources, resulting in cost savings and improved application performance.

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Insight Software

OCTOBER 18, 2024

Understanding embedded analytics dashboards starts with knowing what the term itself means—so let’s break it down. What Are Embedded Dashboards? Embedded dashboards are screens that display data and analytics within existing business applications.

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Insight Software

SEPTEMBER 25, 2024

In fact, our 2024 Embedded Analytics Report , found that organizations spend 30 hours or more per week addressing building customer-specific content (33%), performance issues (25%), and data inconsistencies (25%). Future-proofing your tech stack analytics is a matter of balancing customization with cost.

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Insight Software

DECEMBER 11, 2023

Your finance and accounting teams need a stress-free and streamlined year-end close for your business. You need to eliminate manual data dumps and reduce reporting cycles by enabling both finance and business users to build refreshable reports using easy-to-configure, pre-built templates, or by creating a custom report in minutes.

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Insight Software

OCTOBER 8, 2024

Oracle-driven finance teams today face increasingly complex challenges. In recent years, the finance function has had to adapt to become more flexible as they navigate market upheaval, global inflation, and rapid changes to technology. As a result, it’s no wonder that finance teams are grappling with skills shortages.

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Insight Software

APRIL 25, 2024

Finance is a complex field, and so are the laws that govern it. While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. insightsoftware is here to help. public companies and their auditors.

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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

APRIL 4, 2024

If your business is currently using Microsoft Dynamics GP, Dynamics SL, Dynamics NAV, or Dynamics AX, the natural choice for your ERP upgrade will be Microsoft Dynamics 365 Business Central (D365 BC) or Dynamics 365 Finance & Supply Chain Management (D365 F&SCM).

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Insight Software

AUGUST 24, 2023

Thus, finance data remains on-premises. Pros: Smooth Transition and Flexibility: A hybrid ERP environment allows finance teams to move specific processes or functions to the cloud while keeping critical operations on-premises. Optimized Resource Allocation: Finance teams can strategically allocate resources in a hybrid ERP environment.

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Insight Software

SEPTEMBER 15, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. On-prem ERPs typically have a high initial cost as you must purchase sufficient hardware to meet your team’s data storage and processing needs.

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Insight Software

OCTOBER 11, 2023

Embedded analytics is a game-changer for software teams developing web-based applications. With enhanced security, customization, scalability, and user empowerment, embedded analytics is a true path forward for analytics teams seeking to thrive in today’s data-driven business landscape.

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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

MARCH 4, 2024

The Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) are part of the EU’s sustainable finance agenda and aim to support the transition to a green and inclusive economy. What does it mean to tag your data?

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Insight Software

MAY 12, 2023

Now, sophisticated capabilities like adaptive security and write-back are taking analytics to new heights. With these advanced features, embedded analytics is transforming from a basic reporting tool to a powerful decision-making engine. It optimizes public cloud expenses by dynamically scaling resources to match demand.

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Insight Software

JULY 6, 2022

How do you control costs and also keep up with compliance? Check out how you can improve efficiency by leveraging two key embedded analytics capabilities, i.e., real-time data access and automation in you financial reporting. Want to learn more about how to promote business growth with analytics? You can’t do it alone.

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Insight Software

JANUARY 24, 2024

Between soaring material costs and the impact of inflation, the construction industry has had to practice extra agility and resilience in recent years. In tight times, cost control takes center stage. When your everyday users don’t understand SQL, it leaves your finance team depending on spreadsheets for reporting.

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