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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.

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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.

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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.

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The Financial Close Process

Insight Software

Every form of customer debt must be precisely tracked, monitored, and recorded. Event revenue. However, if your company has multiple petty cash funds – usually used for different departments or events – you may want to build out a petty cash management system with streamlined workflows. Reconcile Accounts Receivable. Get a Demo.

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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.

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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.

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Your Path to a Stress-Free, Successful Year-End Close in Real Estate and Property Management?

Insight Software

While business intelligence tools excel in analyzing trends and monitoring key performance indicators, they prove less adept at the meticulous, detailed analysis demanded by the intricate tasks of period closing. Automate monitoring and management of loan-related impacts on cash flow and debt ratios.