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Oracle will be adding a new generative AI- powered developer assistant to its Fusion Data Intelligence service, which is part of the company’s Fusion Cloud Applications Suite, the company said at its CloudWorld 2024 event.
As we see in another new year, it’s that time to hear about all the new strategies from software and Business Intelligence( BI) vendors for 2024. The BusinessObjects community has a lot to look forward to in 2024, not least of which will be seeing previews of BI 2025.
The survey examined perceptions about the impact of cloud-based ERPs on the financial reporting process, and assessed the readiness of respondents’ organizations to adopt cloud ERPs. insightsoftware’s financial reporting solutions are easy to install, use, analyze, and trust. About insightsoftware.
They do nothing to motivate people to make improvements to their data.” – Senior Data Quality Person, Financial Services, DataKitchen Market Research 2024 Moreover, relying solely on DAMA dimensions tends to produce dashboards disconnected from an organization’s or its stakeholders’ unique needs. It’s up to us to deal with it.
Only 29% are still just experimenting with generative AI, versus 70% in the 2024 study. reporting that data and AI operationsreport to the business, 47.2% saying they have other reporting relationships, such as to transformation leadership. Early-stage production has also increased, from 25% to 47%.
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2024 has been an exciting year in the world of embedded analytics and business intelligence. Here, we share our embedded analytics highlights from 2024. Empowering Users to Create Reports Without IT Support Self-service reporting was a hot topic in embedded analytics this year. Enable cookies. Still experiencing an issue?
Our recent Finance Team Trends Report indicates that last year, over 48% of finance teams experienced efficiency losses amidst global economic disruptions, emphasizing the critical need for adaptability and agility in 2024. The same report found that recently a new set of obstacles has emerged for finance teams.
2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. It’s hard to believe we’re nearly halfway into the 2020s.
If the operating theme for finance teams in 2024 was “automate workflows and optimize costs to drive value,” then the operating theme for 2025 is shaping up to be, “stay the course.” While this may seem like a bleak outlook at first glance, the truth is that finance leaders are still cautiously optimistic for the coming year.
Now, as we head into 2024, CFOs continue to seek balance and efficiency through digital transformation. Balancing these revenue-sustaining and cost-cutting efforts will be critical in 2024, enabling finance teams to fortify bottom lines and contribute to organizational profitability and long-term financial health. Enable cookies.
Because out-of-the-box features are limited, it’s all-too common for organizations to settle for static reports without deeper analytics or drill-down options. For example: JasperReports 7.9.x: x: This version reached its end-of-life on November 18, 2023. JasperReports 8.0.x:
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.
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. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1. Reports due in 2025. Reports due in 2025. Reports due in 2026.
Enjoy total visibility and access to all your data for operationalreporting and analysis. See Value Within a Single Reporting cycle Spreadsheet Server automates time-consuming reporting processes, allowing your finance team to devote their time to higher value tasks like analysis.
As inflation continues to impact major projects while contract values decline, keeping a strong reporting posture and analytical practices allow businesses to maintain agility and understand where to prioritize increasingly limited resources. But if you still report manually, it can send your progress to a grinding halt.
And its usage is commonplace–according to Microsoft and LinkedIn’s 2024 Work Trend Index Annual Report , 75% of workers across the globe use AI in some capacity. Traditional AI combs through countless rows of data to derive patterns from it, which can be crucial in delivering insights that drive forward-thinking decision-making.
Writing a cash flow forecast example involves outlining the forecasted cash inflows and outflows for a specific period, typically on a monthly or quarterly basis.
We are continually striving to improve our products; looking ahead to 2024, we have several innovations planned that will benefit our customers (and hopefully see us improve our MQ position).
Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy. If your organization still operates on-premises, but your 2024 plans include a cloud migration, here are three key questions you must consider before investing. Fully Cloud or Hybrid? Ready to learn more?
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.
However, building and maintaining a robust analytics platform can be challenging. The effort it takes to develop and maintain the necessary skills within your development teams is time-consuming, especially in the face of skills shortages.
According to insightsoftware and Hanover Research’s recent Embedded Analytics Report, application developers spend 30 hours or more per week addressing building customer-specific content, performance issues, and data inconsistencies. A slow onboarding process or cumbersome maintenance needs can quickly erode a user’s initial excitement.
With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.
To learn how Bizview can help your organization optimize its B&P processes, watch our on-demand webinar: Leveraging Automation in Budgeting & Planning.
See if Logi Symphony Takes You Where You Need to Go in 2024 Logi Symphony is the ultimate analytics solution to elevate your application’s data-driven capabilities. With these upgrades, Logi Symphony provides a more intuitive, collaborative, and powerful user experience for Logi Composer users.
Google is planning to phase out third-party cookies for Chrome users in 2024. New browser restrictions are on the way for Google Chrome that can block some third-party content that uses cookies from being accessible to users by default, in addition to restrictions in Safari and Firefox you may have already seen. What’s changing?
Jason Simpson, 9th February 2024 Why Choose Agility PIM Over Another PIM Agility PIM from insightsoftware is a user-friendly application designed for efficient workflows and easy integration with multiple systems.
Forrester Research predicts that the embedded analytics market will hit $16 billion in 2024. Advanced analytics has emerged as a hot topic and a key area of focus for buyers looking to provide higher quality analysis to inform business decision-making in a turbulent market.
We have an exciting roadmap for 2024 with new features and capabilities. We are excited to have earned a place on Gartner’s 2023 Financial Close and Consolidation Magic Quadrant and look forward to continued innovation and improvement of our solutions within this market. Learn more about how we’re leading the way in close and consolidation.
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.
According to insightsoftware and Hanover Research’s 2024 Embedded Analytics Report , customizable dashboards are in demand. While your customer contact might be more interested in day-to-day functionality, a key concern is always going to be whether your application will address their leadership’s need for self-service insights.
The report includes data from 4,241 end-user reviews to find the top BI software providers of 2024. This year, Info-Tech has turned its focus to BI solutions that implement artificial intelligence (AI) to drive informed decision-making.
The other preferences that users expect from modern business performance management solutions are company-wide planning, increased planning frequency, increased insights, operationalreporting, strategic alignment, and predictive forecasting. So far, we have seen a real shift where businesses move away from SAP BPC to modern solutions.
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.
Shaping the Future: Conquering Finance Challenges in 2025: Oracle Edition Download Now Some tasks, such as account reconciliation, ad-hoc custom reports, or data entry, are still conducted manually. The lack of automation exacerbates the burden of time-consuming processes that cant be automated with Oracle-native reporting tools.
2024 has been a year defined by technological innovation as the rise of AI made a profound splash for SAP-powered finance teams. The impact of this is clear in our 2024 study, where 76% of SAP-based finance teams reported feeling over-reliant on IT. In 2025, you dont have to leave your important reports for IT to handle.
Elevate Your Tax Function Into a Strategic Asset With Longview Tax Download Now Looking Forward With JustPerform A new solution to the insightsoftware portfolio is JustPerform, which was not a part of the Gartner Magic Quadrant evaluation that took place in 2024.
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 findings paint a clear picture of the challenges facing SAP-powered finance teams migrating to the cloud.
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