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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.
Poll of nearly 500 financial professionals reveals misguided assumptions about cloud ERP reporting and lack of visibility into cloud ERP adoption. 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.
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.
Only 29% are still just experimenting with generative AI, versus 70% in the 2024 study. We have] a difference of opinion because he thinks oh, the data person should be a business person, and not report to the CIO, Davenport said. reporting that data and AI operationsreport to the business, 47.2%
In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. All public entities must be subjected to independent reviews on their operation.
5 Things Not to do When Choosing a Financial Reporting Tool Read Now Average Treatment Costs : This hospital KPI highlights the average amount spent by the hospital per patient. If they are at zero, it’s at break-even, and if they are negative, the hospital is operating at a loss. These ratios are expressed as a percentage.
If you’re relying on JasperReports or Crystal Reports to power your data reporting and insights, you’ve likely heard the news: many popular versions are reaching end-of-life, and it’s time to start planning your next steps. If you’re a Crystal Reports user, the situation is just as pressing.
Leading and lagging metrics : Leading measures predict future performance, whereas lagging measures report past performance. Unfortunately, preparing financial reports is a tedious and costly task. However, it is critical for non-profit organizations to be transparent and share this value with their donors.
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.” For seamless financial reporting in Excel, investing in a tool like Atlas from insightsoftware bridges the gap.
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.
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.
Weve seen incredible technological advancements that have produced business and financial reporting tools that streamline processes, create efficiencies, bridge skills gaps, and position organizations to react to an ever-increasing pace of market change with agility and confidence.
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. Secondly, by analyzing automated reports and pinpointing areas for improvement, teams uncover concrete use cases where AI can deliver the most significant impact.
In the era of data abundance, many finance users are faced with an insatiable need for more in-depth reporting and analysis. insightsoftware overcomes this challenge by extending your ERP reporting capabilities directly in Excel, without involving IT or using manual data dumps. Simplify complex reporting tasks.
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.
ESG reporting is rapidly becoming a key focus area for finance teams around the world. 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. What Is ESG Reporting?
The European Union has introduced new regulations to enhance the transparency and comparability of corporate sustainability reporting. The CSRD will replace the existing Non-Financial Reporting Directive (NFRD) and will expand the scope and quality of sustainability reporting in the EU 1. Reports due in 2025.
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.
By leveraging financial planning technology, businesses can quickly and easily build real-time cash flow reports that enable them to make informed decisions to support sustainable growth and financial stability. The good news is that downloadable templates and automation software can ease the cash flow forecasting process.
These processes, ranging from data entry to report generation, consume valuable time and resources, hindering productivity and accuracy. According to insightsoftware and Hanover Research’s recent Finance Team Trends Report, there are still many finance teams tacking recurring reports with manual efforts. The numbers don’t lie.
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.
According to Gartner’s 2021 Core Financial Magic Quadrant , over 50% of the ERP market is expected to be cloud-based by 2024. The Problem with Manual Reporting. Every ERP solution comes with out-of-the-box reporting tools, and Dynamics 365 offers an array of stock reports to choose from. Different Approaches to Migration.
According to insightsoftware and Hanover Research’s recent Embedded Analytics Report , the overwhelming majority of development teams (84%) found generative AI to be the most important trend of the next five years. But how can you take AI and make it lucrative for your business?
In fact, our 2024 Embedded Analytics Report , found that organizations spend 30 hours or more per week addressing building customer-specific content (33%), performance issues (25%), and data inconsistencies (25%). That’s why it’s important to keep a flexible approach to AI.
Configurable user-friendly reporting and dashboarding. This applies to the ability to generate financial statement reporting and gaining actionable insights into an organization’s performance through dashboarding visualizations that allow for a more cross-functional and inclusive approach to explaining trends and results.
While these platforms secure dashboards and reports, a hidden vulnerability lies within the data connector. Content Security Content security revolves around selectively blocking or allowing access to specific reports and dashboards for different users and groups. Learn more at insightsoftware.com.
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?
Gartner sets a notoriously high bar for inclusion in its MQ reports. Like other Gartner Magic Quadrant reports, the financial close and consolidation version provides a graphical comparative positioning of technology and service providers where market growth is high and provider differentiation is distinct.
It allows organizations to integrate business-level AI, interactive data visualizations, dashboards, and reports, thereby enriching the value and engagement of every application. With Logi Symphony, you can embed a wide range of reports and dashboards seamlessly.
Forrester Research predicts that the embedded analytics market will hit $16 billion in 2024. Every time it had to build out a custom report for a client, or when something went wrong, it took a long time to fix because the client had to go back in and relearn the code base before Youmanage could make any changes.
Create precise reports and dashboards from dependable data so that business executives get the data they need, in the format that works for them, helping drive transparency and accountability across the organization. Users log in, enter their figures, and the system automatically updates forecast figures with a single click.
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.
Google is planning to phase out third-party cookies for Chrome users in 2024. Unlocking the Power of AI in Logi Symphony Download Now Embedding without iframes Logi Symphony content, including Visual Data Discovery, Managed Dashboards, and Managed Reports, can all be embedded into your application without iframes or cookies.
According to insightsoftware and Hanover Research’s 2024 Embedded Analytics Report , customizable dashboards are in demand. According to insightsoftware and Hanover Research’s 2024 Embedded Analytics Report , customizable dashboards are in demand. Data literacy is often associated with employees at the operational level.
The results are in – Logi Symphony by insightsoftware has been named as a top business intelligence (BI) solution in Info-Tech’s latest Data Quadrant Report. The report names the top seven BI providers for midmarket and enterprise businesses. Managed interactive dashboards and pixel-perfect reporting. Want to learn more?
To achieve success, you need direct access to accurate data from your ERP and the ability to quickly create drillable Excel reports for GL and other finance requirements. Many finance teams rely on their ERP’s native reporting for this. To customize an existing report or to create a new one, you need technical expertise.
More unified system: All use cases, such as planning, budgeting, forecasting, reporting, analysis, and financial close, are available under one platform. JustPerfom enables integration with 80+ source systems across different aspects such as strategic planning, operational planning, financial planning, group close, reporting and analysis.
So youre looking for a reporting solution for Oracle. Out of the box, Oracle ERPs feature different reporting options like Oracle Financial Reporting Studio and Oracle Business Intelligence Enterprise Edition (OBIEE). Purchasing financial and operationalreporting tools is a direct answer to these challenges.
2024 has been a year defined by technological innovation as the rise of AI made a profound splash for SAP-powered finance teams. Because SAP S/4HANA operates in the cloud, it provides enhanced flexibility, cost savings, and scalability, but SAP finance teams find it challenging to make the move.
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. This version of SAP encourages standardized processes to maintain performance but comes with the cost of easily being able to generate custom and ad hoc reports.
With robust integration capabilities and an intuitive user experience, Longview Close ensures faster, more accurate reporting and compliance with accounting standards. It automates data collection, consolidation, and reporting, enabling organizations to generate reliable financial statements quickly.
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