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Four Benefits of Scenario Modeling in Excel

Insight Software

We know of a manufacturer of retail store fixtures, for example, whose orders plummeted following the initial closures of early 2020. The two categories of customers may have very different expectations with respect to service levels, which, in turn, can determine the need for additional consulting and implementation staff to serve them.

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11 Financial Model Examples & Templates for 2021

Insight Software

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. As a finance professional, you’ll need different types of financial analysis and modeling for different situations. That being said, one model can’t do it all. Organic business growth.

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

Insight Software

They need to be able to drill into journals, balances, sub-ledger accounting, and transactions to find and quickly fix reconciliation or data integrity issues, which can be maintained throughout. Your teams need near real-time views into property management data in MRI and Yardi, to enable faster financial and operational reporting.

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Planning vs Forecasting: Four Key Differences

Insight Software

We offer a range of financial planning and analysis tools that can help your team access information in near real time, produce ad hoc analyses, and update data directly from their live enterprise resource planning (ERP) systems. Four Steps to a Successful 2022 Budgeting and Planning Season.

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Financial Forecasts vs. Projections: 3 Essential Differences

Insight Software

Because this is a theoretical scenario, an exploration of something that might possibly happen, the resulting financial analysis would be deemed a “projection.”. If your organization wants to improve its capabilities in financial analysis, learn how insightsoftware can help you exercise control over your financial planning today.

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From IT Dependence to Ad Hoc Reporting: Why and How

Insight Software

Unfortunately, these tend to fall short of the mark when it comes to usability and robustness for financial reporting. They simply don’t work well for financial analysis because they lack the ability to add formulas, pivot tables, “what if” scenarios, and so on.