Insight Software

NOVEMBER 2, 2021

What is a Supply Chain KPI? A supply chain key performance indicator (KPI) is a quantitative measure that evaluates the effectiveness and performance of a company’s supply chain. Companies create supply chains to expedite production and reduce cost. Financial Supply Chain Management KPIs.

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Insight Software

JULY 1, 2022

In these unprecedented times, supply chains are more vulnerable than ever. However, successful companies can leverage technology to turn this chaos into supply chain harmony. However, successful companies can leverage technology to turn this chaos into supply chain harmony.

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Insight Software

MAY 9, 2024

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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Insight Software

NOVEMBER 16, 2022

Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs. The sell-through rate (STR) is one of the best inventory KPIs for measuring the efficiency of your supply chain. Sometimes particular items experience a surge in demand or supply chain disruption.

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Insight Software

JULY 14, 2022

Business cash flow planning or management lets you make sure your business has enough money to maintain its operations. There must be positive cash flow for a company to maintain its viability over the long term. You may hear billing software referred to as invoicing software. Why is Business Cash Flow Planning Important?

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Insight Software

JUNE 24, 2021

Non-profit organizations implement a variety of strategies such as email campaigns, social media marketing, and in-person events to connect with new donors and engage their supporters. This non-profit KPI usually refers to the number of comments and replies to the organization’s social media posts. Download Now.

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Insight Software

NOVEMBER 1, 2021

These accounting month-end close procedures track all the transactions made during the month and keep accounting data organized, which is why you should consider implementing one for your business. Remember to record any payments that are related to your fixed assets, such as maintenance and renovations when closing your books.

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Insight Software

SEPTEMBER 1, 2023

Predictive analytics refers to the use of historical data, machine learning, and artificial intelligence to predict what will happen in the future. Predictive analytics is becoming more common across all business applications, like CRM, supply chain and marketing automation.

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Insight Software

FEBRUARY 23, 2024

Data Migration Data migration refers to the process of transferring data from one location or format to another. An on-premise solution provides a high level of control and customization as it is hosted and managed within the organization’s physical infrastructure, but it can be expensive to set up and maintain.

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Insight Software

JUNE 16, 2021

A COO’s objective is to identify the hindering component or process in a supply chain and maximize its capacity. Throughput can be increased by reducing equipment downtime, improving maintenance strategies, reducing the number of production steps, and many more.

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Insight Software

MARCH 24, 2024

How to Compare Reporting & BI Solutions Download Now Growth KPIs for non-profits Non-profit organizations implement a variety of strategies such as email campaigns, social media marketing, and in-person events to connect with new donors and engage their supporters. This non-profit metric usually tracks the number of shares and reposts.

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Insight Software

SEPTEMBER 24, 2021

You should register this information in a safe place for future review and reference. Maintaining Compliance. The company valuations, mentioned earlier, is a smaller subcategory of maintaining compliance. Harriet’s situation is sometimes referred to as a “balance sheet insolvency.”. Shareholder Management.

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Insight Software

JULY 28, 2023

There’s no way to globally manage security with components, which means you’ll have to implement and maintain security separately and consistently for every component you use. Developing and maintaining homegrown analytics diverts focus from their core application. to your organization.

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Insight Software

JUNE 24, 2023

How to Compare Reporting & BI Solutions Download Now Growth KPIs for non-profits Non-profit organizations implement a variety of strategies such as email campaigns, social media marketing, and in-person events to connect with new donors and engage their supporters. This non-profit metric usually tracks the number of shares and reposts.

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Insight Software

JUNE 17, 2024

This allows them to take proactive measures to address potential shortfalls, such as negotiating payment terms with raw materials suppliers, securing additional financing, or implementing cost-saving measures to ensure they always have enough cash on hand. What is the difference between cash and cash flow?

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Insight Software

NOVEMBER 2, 2021

If you want to save time and stay ahead of the curve, an automated process is something you should implement. In 2021, the best way of collecting good KPIs is to implement a higher education dashboard, which can give you a glimpse of the best KPIs without the lengthy paperwork process.

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Insight Software

MARCH 4, 2024

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Supply chain management (SCM) systems, which collect data on supplier diversity, compliance, environmental and social impacts, and other ESG indicators throughout the value chain.

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Insight Software

AUGUST 25, 2021

The traditional approach referred to above is also known as incremental budgeting. We’ll also discuss the role of technology in facilitating a more efficient and thorough budgeting process for today’s organizations. Incremental Budgeting.

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Insight Software

JANUARY 29, 2024

A hybrid system refers to a combination of on-premises and cloud ERPs. However, hybrid systems can be challenging to maintain without the right tools. Generative AI refers to technology that can create new content, for example images or writing. And even fewer finance teams have implemented generative AI at just 1%.

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Insight Software

FEBRUARY 28, 2022

Operational reporting, sometimes referred to as business reporting, involves pulling data from enterprise resource planning (ERP) solutions and other internal business systems to illuminate the day-to-day operations of an organization. What are the challenges they’re facing? What Is Operational Reporting?

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Insight Software

MAY 9, 2022

Disclosure management involves everything required to organize and maintain the financial disclosure process internally within your organization. The second option is to implement internal systems with native XBRL tagging capabilities. What Is Disclosure Management? Companies have two options for handling this. long before things ?get

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Insight Software

JULY 29, 2021

ESG refers to the three central factors in measuring the sustainability and societal impact of an investment in a company or business. It found that the top five ESG topics are now: employee wellness, accounting practices, climate change, corporate supply chains, and social inclusion. The Need for Transparency.

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Insight Software

SEPTEMBER 25, 2024

Instead of hard coding the parameter (in this case “>0”), you could reference a value in a separate cell. For example, COUNTIF(A1:A100, “>0”) would return a count of all cells within the specified range that contain a value greater than zero. Most power-users of Excel have applied this trick on multiple occasions.

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Insight Software

AUGUST 17, 2021

Since the UGT is updated only once a year, these changes are housed in a “ Pending Annual Updates ” page and incorporated into a development taxonomy that FASB maintains between official releases. Variable Interest Entities–Pledged Assets. Helpful Hint for Certent CDM Customers. Helpful Hint for Certent CDM Customers.

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Insight Software

OCTOBER 8, 2024

Rapid technological advancements, heightened competition, and the growing complexity of global markets have made financial agility and real-time decision-making critical to maintaining a competitive edge. Patchwork vs Collaborati ve EPM?

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Insight Software

APRIL 8, 2024

However, the prevalence of disconnected data sources, often referred to as data silos, creates significant bottlenecks that hinder your team’s ability to operate efficiently and generate reliable financial information. insightsoftware EPM fosters a secure and accountable financial reporting environment, giving you peace of mind.

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Insight Software

AUGUST 26, 2021

This is particularly true in cases where owners or office managers routinely perform cash withdrawals from a local bank account, or maintain a stock of checks from which they can issue that much-needed vendor payment, usually to cover an “emergency” situation. Essentials of Petty Cash Management.

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Insight Software

MAY 2, 2022

You also have this year’s approved budget on hand for reference. During this process, you notice that maintenance and repair expenses were especially high in June and July. Before you can determine a budget for next year’s maintenance and repair costs, you’ll need to investigate further.

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Insight Software

AUGUST 24, 2021

In the context of scenario modeling, a variable simply refers to an important factor that could change the course of your business. You manufacture two of those three in-house, which involves extensive supply-chain planning, production capacity planning, and so on. In either case, it will affect your business.

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Insight Software

DECEMBER 13, 2021

Certent EM helps by offering fast implementation. Certent EM can start your implementation much more quickly than competitors who are often booked out well in advance. This is referred to as broker “lock-in.” Here are five benefits Certent EM can offer you to comfortably bring your company public through the SPAC process.

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Insight Software

DECEMBER 5, 2023

Availability – As of June 30th, 2023, product/service capabilities must be in production (GA) for evaluation by Gartner, which refers to the release of a product to all customers. Administration functionality necessary to support planning activities. Configurable user-friendly reporting and dashboarding.

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Insight Software

JUNE 22, 2023

BI and analytics are both umbrella terms referring to a type of data insight software. As Timo Elliot, Innovation Evangelist at SAP so eloquently put it , “everybody has an opinion, but nobody knows, and you shouldn’t care.” “You can also do prescriptive in Excel using the Solver,” says Langer, “to, for example, optimize a supply chain.”

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Insight Software

APRIL 29, 2022

BEPS consists of two broadly defined provisions, which the designers refer to as “pillars.” Changes are coming in 2023, so for companies looking ahead to their tax planning strategies for the next calendar year, now is the time to implement new systems and processes. Putting the Right Tax Planning Tools in Place.

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Insight Software

MAY 9, 2022

Since the recent implementation of European Single Electronic Format (ESEF), the consolidated financial statements of EU-listed companies are available in the public domain in a machine-readable format. Disclosure/ESG Reporting: Automating Your Financial Narrative & Numbers. Access Resource. Automation With Certent Disclosure Management.

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Insight Software

JUNE 20, 2023

This article will explore  self-service analytics in detail , covering use cases, proven benefits, common objections, and strategies for implementation. Some industry experts view analytics as a type of BI while others maintain it’s the opposite. What Is Self-Service Analytics?

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Insight Software

NOVEMBER 15, 2022

If your spreadsheets are complex, with multiple references across different worksheets, then the likelihood of errors increases exponentially. If your new source data contains one additional row (or one less row), than the previous set of numbers, it can render many of your Excel formulas inaccurate.

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Insight Software

APRIL 26, 2022

You’re likely familiar with the so-called “80/20 rule,” often referred to as “the Pareto principle.” With this approach, the finance team can guide managers through a meaningful narrative, equipping them to rapidly assess situations and identify the right actions to take in response. This concept works well for interpreting financial data.

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