This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Now, as we head into 2024, CFOs continue to seek balance and efficiency through digital transformation. With interest rates still rising, skills shortages still posing a challenge, and the specter of recession still haunting board rooms, CFOs are looking to technology to connect data, build agility, and drive profitability.
With over 70% of business leaders acknowledging the potential of automated ESG reporting tools to enhance efficiency and accuracy, 2025 will likely see a surge in adoption of technologies designed to simplify ESG compliance and reporting workflows.
Shaping the Future: Conquering Finance Challenges in 2024 Download Now According to our data, at least three-quarters (75%) of finance teams dedicate a minimum of five to six hours each week to recreating financial reports, equating to up to 24 hours a month or 300 hours per year.
According to Gartner’s 2021 Core Financial Magic Quadrant , over 50% of the ERP market is expected to be cloud-based by 2024. Questions to consider are: How much data do you need to import? The platform enables users to move to the cloud quickly and confidently to increase productivity and boost sales. More than Excel.
PIM’s dataintegration tools also enable you to blend PIM data with other data sources such as Google Analytics and financial data to provide actionable insights into your product performance.
Extensive DataIntegration. Users love our prebuilt integrations which cover many ERPs saving valuable time and effort during implementation. We have an exciting roadmap for 2024 with new features and capabilities. In choosing insightsoftware, you can trust that you are working with a reputable and reliable provider.
Formal requirements are beginning to emerge, as the Paris Climate Accords codified the concept of sustainability reporting as a means of providing greater transparency and accountability into the impact of human activities on the environment. Don’t Wait to Get Started With Sustainability Reporting.
“The DAMA Data Quality Dimension dashboards are crap. Because we MUST do them for compliance reporting to the government. Unlike regulated industries, where the importance of specific data elements is externally prescribed, non-regulated industries must internally determine which data elements are critical to their success.
Indeed, the transition is not merely a trend but a reality rooted in the need for enhanced flexibility, scalability, and dataintegration capabilities not sufficiently provided by SAP BPC. Organisations continuing with SAP BPC even after 2024, will incur the regular software AMC, and the high change request costs.
Native Reporting Tools Don’t Meet Finance Needs Of organizations surveyed in a recent study on OperationalReporting by insightsoftware and Hanover Research, only 30% use native reporting tools. To complicate matters further, developer support for Crystal Reports is being discontinued at the end of 2024.
2024 has been a year defined by technological innovation as the rise of AI made a profound splash for SAP-powered finance teams. Investing in user-friendly tools with data warehousing capabilities can bridge this gap, enabling seamless access to legacy and cloud data, accelerating decision-making, and improving overall efficiency.
Many finance professionals find themselves hampered by reporting limitations and heightened IT dependencies, which slows down decision-making and limits the value of their SAP data. The majority, 62%, operate in a hybrid setting, which balances on-premises systems with cloud applications, making dataintegration even more convoluted.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content