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Key KPI’s To Track in Airlines Industry

Insight Software

These indicators help understand cost management, profitability, and overall financial performance. Cost per Available Seat Kilometer (CASK) Cost per Available Seat Kilometer (CASK) measures the operating expenses incurred by an airline for each available seat kilometer (ASK), calculated by dividing total operating expenses by ASK.

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Are You Tracking These KPIs for Your Hospitality Group

Insight Software

Operating KPIs: Labour cost percentage is a key operational efficiency KPI in hospitality. It measures the proportion of total revenue spent on labour costs, including salaries, wages, benefits, and payroll taxes. It includes expenses related to repairs, maintenance, and housekeeping supplies.

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SAP BPC Alternatives: Which One is Right for You?

Insight Software

To remain ahead, companies are transitioning away from SAP BPC due to high costs, an unfriendly UI and heavy dependence on technical teams, which slows down budget & close cycles. This includes databases like Microsoft SQL server, IBM DB2, etc., ERP & accounting systems like Microsoft Dynamics 365, SAGE, Quickbooks, etc.,

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30 Best Accounting KPIs and Metric Examples for 2021 Reporting

Insight Software

When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. 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.

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SAP S/4HANA Cloud Public Edition: Top Migration Challenges and Solutions

Insight Software

This version of SAP encourages standardized processes to maintain performance but comes with the cost of easily being able to generate custom and ad hoc reports. These skills gaps significantly hinder an organization’s ability to progress from cloud migration planning to implementation.

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What is a Data Pipeline?

Insight Software

Monitoring and Maintenance : Data pipelines need to be monitored and maintained to ensure they are running smoothly and efficiently, with error handling and data validation in place. They are commonly used in scenarios such as fraud detection, predictive maintenance, real-time analytics, and personalized recommendations.

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What is Account Reconciliation?

Insight Software

By reconciling bank statements with cash records, businesses can ensure that account activity is accurately recorded, identify any reconciliation discrepancies or unauthorized transactions, and maintain adequate cash balances to meet operational needs.