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Are You Tracking These KPIs for Your Hospitality Group

Insight Software

Just like the human body, businesses have many important KPIs that the FP&A team needs to monitor to gauge the company’s financial health and performance. FP&A teams play a central role in monitoring KPIs within organisations. RevPAR helps assess pricing strategies, demand fluctuations, and overall revenue performance.

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Key KPI’s To Track in Airlines Industry

Insight Software

FP&A teams play a central role in monitoring KPIs within organisations. These indicators help assess how effectively the airline sells its services and maximises passenger income. By tracking KPIs, businesses can identify trends, measure performance against benchmarks, and make informed decisions to optimise operations.

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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. High invoice cycle time can make it difficult to make payments in time which will result in late payment penalties and strain on vendor relationships.

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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. Hubble Best Practices: Self Service Subledger Reconciliations Download Now Why Do We Need to Reconcile Accounts?

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The Missing Piece of Enterprise Planning Processes

Insight Software

It guides enterprises and organisations in business planning, consolidation, and performance monitoring. Unlike other vendors, JustPerform focuses on letting business users at all levels drive CPM activities, empowering them with an intuitive interface and industry best practices.

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What is a Data Pipeline?

Insight Software

Data pipelines support data science and business intelligence projects by providing data engineers with high-quality, consistent, and easily accessible data. 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.

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The Financial Close Process

Insight Software

Double-check that: All vendor bills are recorded in the software. All vendor statements are reconciled to the corresponding accounts payable balance. Once that’s done, make sure your accounts with suppliers and vendors are in good standing. Reconcile all vendor, supplier, or credit statements to accounts payable.