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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 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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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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Best Practices for Your Project Reporting Toolbox

Insight Software

Native ERP tools, while offering some project reports, often lack the granularity needed to analyze project profitability effectively due to disconnected cost tracking, budget monitoring, and revenue recognition. Watch our on-demand webinar on how to redefine your Oracle ERP project-centric solutions. Ready to learn more?