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. – February 23, 2022 – insightsoftware , a global provider of financial reporting and performance management solutions for the Office of the CFO, today announced The OperationalReporting Global Trends Report. Further, the volume and type of requests for operationalreports is rapidly increasing.
Deal brings operationalreporting to insightsoftware’s 25,000+ customers and provides fuel for growth to Logi Analytics’s embedded analytics for commercial software organizations. RALEIGH, N.C. Terms of the deal were not disclosed. This is a critical piece of our long-term strategy. Visit insightsoftware.com for more information.
Deal accelerates insightsoftware’s enterprise position in operationalreporting by adding market-leading data analytics and integration products including SAP and Oracle ERP reporting solutions. portfolio of best-in-class reporting, analytics, budgeting, forecasting, consolidation, and tax solutions?to
April 15, 2021 – insightsoftware , a global provider of enterprise software solutions for the Office of the CFO, announced today it has acquired Izenda , an application-based intelligence provider that brings critical data insights to end-users. Deal follows insightsoftware’s recent acquisition of embedded analytics leader Logi Analytics.
But even with all the progress, the report found finance teams are still lagging in three critical areas needed to succeed: rapid support for strategic decision making, scalability of processes, and self-service of data. To learn more about the challenges finance teams face, download the full report: Finance Teams Trends Report.
And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes. External market challenges including economic disruption, skills shortages, and rising interest rates, are squeezing efficiency from one side.
Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting. In this year’s survey, 41 percent of finance team leaders considered strategic decision making to be a priority, compared to 29 percent in 2021. Financial reporting (89 percent).
The company offered its Power BI analytics product as a foundation for Microsoft D365 BC’s financial and operationalreporting. There are also Power BI APIs, which allow you to perform actions such as embedding reports, dashboards, and tiles for Power BI users and non-Power BI users.
According to approximately 500 finance professionals surveyed recently for insightsoftware’s 2021 Finance Team Trends report , the number one challenge facing FP&A professionals today is a lack of time to spend on value-added analysis. 2021 Finance Team Trends Report. Download Now: Click here to access resource.
This year, an Oracle survey of CFOs reveals CFO’s top challenges include navigating the need to cut costs, retaining talent within the finance function, and focusing on more accurate forecasting. in the academic year 2021-2022. But there isn’t a simple solution for forecasting with Oracle alone. Ready to learn more?
In the recently released insightsoftware 2021 Finance Team Trends report , survey respondents from North America and EMEA revealed some of the top challenges facing finance teams: Lack of time to spend on analysis. Reporting with disparate systems. 2021 Finance Team Trends Report. Adoption of new technologies.
Healthcare is forecasted for significant growth in the near future. According to the 2021 State of Analytics: Why Users Demand Better report by Hanover Research, 77 percent of organizations consider end-user data literacy “very” or “extremely important” in making fast and accurate decisions.
For decades, hundreds of enterprise Oracle ERP customers have taken advantage of the industry-leading capabilities for operationalreporting and strategic analytics offered by Angles for Oracle (formerly Noetix.) Centralized Management of On-premises and Cloud Reports and Analytics. Version 22.1 And much more.
Due to the complexity of SAP data structures, you often need assistance from your IT team to pull reports, a time-consuming process that leads to long planning cycles, localized documents, and inefficient coordination across departments. 2022 Finance Teams Trends Report. Shorter Planning Cycles. Better Collaboration.
In July of 2021, more than 130 countries approved a framework intended to reform international tax rules under the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). There are plenty of arguments both for and against the plan.
In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. According to Oxford Economics’ Future of Construction Report , the construction market is expected to grow by $4.5
According to Gartner’s 2021 Core Financial Magic Quadrant , over 50% of the ERP market is expected to be cloud-based by 2024. Atlas works by connecting to live data from Microsoft Dynamics and other sources to give you the power to produce accurate financial and operationalreports. When making the move, pre-planning is vital.
In 2021, just over 32,000 sat for the CPA exam, compared to nearly 50,000 CPA candidates in 2010 . Oftentimes, you’ll need to quickly generate a report, but it gets held up in IT, which must prioritize other critical tasks before the team can address reports for Finance.
It’s a set of standards through which companies can report metrics that indicate how well their activities align with issues of environmental stewardship and social issues. In late 2021, the International Accounting Standards Board (IASB) announced the creation of a new ESG reporting standard. Why Is ESG Reporting So Important?
Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting. In fact, recent insightsoftware research found that in 2022, 41% of finance team leaders consider “strategic decision-making” to be a priority, compared to 29% in 2021.
The annual member survey from the UK and Ireland SAP user group (UKISUG) found that of those organizations yet to move to SAP S/4HANA, 92% were concerned a lack of available skills will slow their migration (an increase from 71% in 2021).
Compliance with ASC 842 ASC 842 is effective for reporting periods beginning after December 15, 2021 for all private companies, with early adoption permitted. Lessees and lessors will need to comply with the new standard for all leases entered into or modified after the effective date.
Overview of GASB 87 GASB 87 was issued in June 2017 and is effective for reporting periods beginning after December 15, 2021. The primary objective of this statement is to improve the accounting and financial reporting of leases by governments.
For private companies, ASC 842 became effective in 2021 for reporting periods thereafter. The key provisions of ASC 842 are as follows: All leases must be reported on the balance sheet as a right-of-use asset and a corresponding lease liability. The standard was issued in 2016 and became effective for public companies in 2019.
When: The deadline to comply with the new standard is for fiscal years beginning after June 15, 2021. So, here are a few of the basics youll need to start your compliance project.
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