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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.
NSW, Australia–21 June 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the appointment of Keith Payne as Sales Director for Asia Pacific (APAC). insightsoftware is a leading provider of reporting, analytics, and performance management solutions.
July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. To learn more about the challenges finance teams face, download the full report: Finance Teams Trends Report. RALEIGH, N.C. Research Methodology.
Between shifts in the talent landscape and ongoing recession fears, finance leaders are now focused on steering their organizations through turbulent market conditions that require faster, more accurate forecasting and reporting capabilities to support agile decision-making.
A recent survey by insightsoftware and Hanover Research reported 63% of IT decision makers find that finance is either very- or over-reliant on the IT department for operationalreporting. Both statistics are alarming considering market uncertainty increases the demand for more frequent, more accurate forecasts and reporting.
And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes. This year’s survey highlighted a significant drop in teams expecting to grow in 2023 down to 64%, compared to 73% in 2022. The Result? Struggling With Skills Shortages?
The 2022 Talent Shortage and the Great Resignation. In 2022, CFOs are challenged to do more with less and manage a workforce with rapidly changing needs. Reports that Improve Job Sustainability, Productivity and Profits with Spreadsheet Server. Here’s a look at some of the top challenges faced by CFOs this year: 1.
Getting Ready for BEPS in 2022. Companies that want to clearly understand their options should put systems in place in 2022–in fact as soon as possible–to reap the benefits of smart corporate tax planning strategies next year. Δ The post BEPS Pillars 1 and 2 in 2022 and Beyond appeared first on insightsoftware.
Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting. Respondents also reported that their processes are significantly more efficient in 2022 than they were in 2021. Financial reporting (89 percent). Download Now.
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?
Finance is now tasked with providing timely planning, forecasting, and reporting that informs business decisions in the moment. It’s 2022; let the computers do it for them. 2022 Finance Teams Trends Report. Why are you hiring trained financial professionals to crunch data? Optimize Resource Utilization.
What if you could provide your finance team with powerful reporting tools that offer the maximum flexibility, while also empowering them to work autonomously, obtaining exactly what they need without constant reliance on programmers and database experts from the IT department?
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.) was released in the first quarter of 2022. Centralized Management of On-premises and Cloud Reports and Analytics.
Organizations have been approaching growth with cautious optimism – according to this year’s survey, the number of businesses expecting to grow within the next two years dropped from 73% in 2022 to 64% in 2023. With less people on staff, they spend more time generating reports. This leaves finance teams grappling with skills shortages.
The top responsibilities for finance teams throughout EMEA are: 65% Financial Planning and Analysis 54% Budget and Forecasting 48% Financial Modeling 48% Tax Management Nearly three-quarters (69%) of this year’s EMEA-based survey respondents feel pressure from inflation, economic disruption, and recession. Request a demo today.
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.
Rethink Budgeting, Planning and Forecasting: The Struggles and Successes of Modern Finance Teams. Learn more about current finance team trends and how insightsoftware enables agile, scalable processes when you read the 2022 Finance Team Trends Report. 2022 Finance Teams Trends Report. Download Now.
It started with COVID, as the pandemic and its fallout transformed the Finance function, necessitating faster and more accurate forecasting and reporting to inform rapid decision-making. Quickly and easily generate timely, accurate financial reports with Jet Reports.
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
Since the launch of ChatGPT in 2022, the professional world has been abuzz with reactions to this game-changing technology. Demand Forecasting: Machine learning analyzes sales data to predict future demand, leading to better inventory management and resource allocation. It’s everywhere – and for good reason.
Balancing Labor Costs With Project Value After market upheaval and skills shortages defined 2022 and 2023, architecture and engineering firms continue to navigate an uncertain market. But if you still report manually, it can send your progress to a grinding halt. Here, we list the top three trends impacting these industries.
With EPM solutions for financial reporting , operationalreporting and analytics , budgeting and planning , and more , insightsoftware empowers leaders from organizations worldwide to unlock greater financial intelligence and build resilient businesses.
2022 was a big year for embedded analytics at insightsoftware, bringing significant enhancements to our best-of-breed solutions. 2022 Releases. Logi Report 19.0 This release saw the addition of an on-screen filter push down option and support for sharing datasets in business view-based page and web reports.
We offer robust, seamless alignment with key regulatory bodies such as IFRS 2022 and USGAAP 2022 and users love the ability to automate painful regulatory filings. Get a Demo Streamline your financial processes and make more informed decisions with automated budgeting, planning, and forecasting solutions.
With the right technology, you can streamline reporting at your organization while relieving pressure off overtaxed IT departments. Here, we discuss how you can generate your NetSuite top reports with ease. Benefits of Oracle NetSuite.
Since the launch of ChatGPT in late 2022, the professional world has been abuzz with reactions to this game-changing technology. Additionally, AI-powered solutions can deliver more accurate forecasts, helping FP&A professionals make better decisions through more in-depth planning and analysis.
Generative AI Since ChatGPT was released in November of 2022, generative AI has exploded onto the global market. According to our recent Report on OperationalReporting , 98% of organizations surveyed distribute reports via a static PDF, and 95% generate either all or mostly static reports.
According to insightsoftware and Hanover Research’s 2023 Finance Team Trends Report , the rate at which organizations expect to grow is down to 64%, compared to 73% in 2022. Recently, insightsoftware and Hanover Research surveyed IT leaders on the state of their OperationalReporting.
In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. There’s no doubt that cloud ERPs have had a profound impact on businesses, transforming the way organizations operate, innovate, and deliver value.
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.
AI Revolution: From Data Insights to Business Growth Since ChatGPT was launched in November 2022, AI has become a fact of life for global businesses. Here, we discuss three ways you can monetize data with an embedded analytics investment.
Before 2022, AI used machine learning capabilities to rapidly absorb data so that it could easily recognize trends, patterns, and outliers. Navigating the Future: Generative AI, Application Analytics, and Data Download Now Keeping up with AI Evolution In recent years, artificial intelligence (AI) has drastically changed.
Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Let’s take a look at how industries like yours are making use of data analytics tools to find patterns and derive insights from data. You just might be surprised at the innovation spanning each sector.
A recent Gartner presentation predicts that “through 2022, the rapid innovation forced by the COVID-19 outbreak will accelerate the transition of 60 percent of organizations toward composable business…”. It is one of the top trends for enterprises to monitor, and will indeed change the nature of work in the not-too-distant future.
Whether you’re using Yardi’s screen-based SQL, YSR, or SSRS, it’s challenging to compile all your data into an agile, customizable report. Here, we discuss how to create and analyze the top reports real estate teams need to thrive. Reporting Challenges. Since January 2022, inflation reached 7.5% Yardi Overview.
2022 Data Resolution: Give end users meaningful data. If you want to learn more about where the industry currently stands on this and how to give end-users more access to their data, watch this recent webinar with Howard and Suzanne. Hidden Select Your Closest Time Zone -- Select One -- Business Email *.
According to the 2022 Finance Team Trends Report by Hanover Research and insightsoftware, over half of finance teams are unable to completely execute on tasks because of time-consuming, manual processes. Energized by farm-to-table data, your spreadsheet will churn out accurate results that you are confident in every time.
Creating custom reports or making changes is difficult and relies on IT skills, which slows the reporting process and makes it more difficult to meet critical deadlines during period-end close.
Many users later expand their insightsoftware toolset to include Planning Wand, Reports Wand ,or other software from our suite of purpose-built enterprise tools. will be released in Q2 of 2022. The latest update to Wands (Version 22.2) Let’s look at five reasons you should upgrade to the new version of Wands for SAP.
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.
The complexity inherent in SAP reporting tools amplifies user frustrations, creating dependencies on scarce IT resources. Interestingly, our report found that organizations in 2023 are far less likely than in 2022 to be completely satisfied with the relationship between Finance and IT, decreasing from 54% to 28%.
Inability to properly budget and forecast. Citing supply chain challenges, the International Monetary Fund reduced its forecast for global economic growth from 4.9% With easily configurable reports, connected directly to source data, you can strengthen inventory forecasting and plan even farther ahead. Inefficiency.
She previously held roles at Vista Equity Partners and served as SVP of Business Operations at Mediaocean. Peter van Tiggelen, CFO, FE fundinfo: Joining FE fundinfo in February 2022, van Tiggelen oversees finance, legal, and business intelligence.
This blog focuses on GASB 96 which applies to subscription-based information technology arrangements (SBITAs) as of June 2022. Here is a summary of what you need to know about GASB 96, SBITAs and the impact on your financial reporting and subscription terms. GASB 87 applies to most lease types and is covered in more detail here.
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