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Data has always been central to agile business planning, forecasting and analysis – all tools which have become central to the modern CFO role. This level of datacollection and insight requires the right technology. Thrive in a Disruptive Landscape by Reimagining Finance. .
Based in Toronto, with additional offices worldwide, Longview’s solutions enable CFOs and corporate finance and tax teams to be strategic leaders through software that elevates planning, consolidation, tax reporting, and analytics from the underlying datacollection process. Visit insightsoftware.com for more information.
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Inconsistent Data Drags Your Decision-Making Down With cloud migration and digital transformation fueling the drive for optimized supply chains, any lingering data management struggles become glaring bottlenecks. Many operationalreporting teams remain buried under static PDF reports or rigid native ERP functionalities.
Analytics are the gateway to understanding, enabling users to interact with and interpret the insights generated through datacollection, preparation, and analysis. However, this view underestimates their true value. They are the spearhead of your application, driving its influence within your customers’ organizations.
Tax reporting and forecasting can be a confusing process, to even the most seasoned tax professionals. Organizations often rely upon manual processes to pull reports from multiple systems accounts, which takes away valuable time for analysis and increases the risk for errors in reporting.
Effective transfer pricing software also improves datacollection and management across multiple departments and entities—a crucial consideration for enterprise organizations dealing with complex data streams and equally complex transfer pricing challenges.
Power ON supercharges Power BI with planning and write-back capabilities, giving users the power of real-time collaborative datacollection, forecasting, commenting, and what-if scenario modeling right in Power BI. Build and Plan – Assemble your data for planning, generate scenarios, and enable write-back.
Most businesses think about these as separate operations – in part because they involve overlapping groups of stakeholders and happen at very different points in the financial decision-making lifecycle. You’re able to standardize your data and processes, which allows for automated calculations and reporting with improved internal controls.
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.
Interestingly, however, many project-based businesses like yours are not even close to achieving this level of reporting. A recent report by insightsoftware and Hanover Research highlights this issue, stating that 98% of operationalreporting professionals distribute reports as a static PDF.
With the complexities of consolidation being both time-consuming and intricate, the decision to migrate to the cloud isn’t a matter of ‘if’ but ‘when’ Cloud solutions offer centralized data management, eliminating scattered spreadsheets and manual input, ensuring consistent and accurate data organization-wide.
Because ERP-native reporting tools require finance and accounting professionals to rely on IT departments and consultants, generating key reports saps time away from an organization’s ability to investigate and interpret information. Drill down on data. Easily track performance. Close the books faster.
When the same framework applies to every jurisdiction in which they operate, tax teams can more easily compare performance across multiple entities and reporting cycles. This makes it possible to report actual year-to-date results and forecastdata, for example.
You can simplify your reporting processes and take control with Spreadsheet Server from insightsoftware. In this blog post, learn how you can optimize NetSuite for accounting and finance users and expand its reporting capabilities for deeper insights. Automate DataCollection and Imports. Spreadsheet Server for NetSuite.
Healthcare is forecasted for significant growth in the near future. Head of Sales Priorities Make quota Get an accurate forecast Beat the competition Expand market share Facilitate customer success Connect the Dots Remember that the sales team is on the front lines. Let’s just give our customers access to the data.
Data ingestion methods can include batch ingestion (collectingdata at scheduled intervals) or real-time streaming data ingestion (collectingdata continuously as it is generated). Technologies used for data ingestion include data connectors, ingestion frameworks, or datacollection agents.
Tax Reporting Longview Tax is a comprehensive tax automation solution designed to streamline and optimize the tax lifecycle for businesses. It provides advanced capabilities for datacollection, compliance, and reporting, helping your organization ensure accuracy and efficiency in your tax processes.
By leveraging technology that automates tax datacollection and processing, your team can produce more accurate reports, reduce risk, and free up time to focus on more strategic initiatives. Generate custom reports based on key metrics and strategic goals for your company.
Built on proven technology trusted by thousands, it delivers investor-grade data with robust controls, audit trails, and security. Enjoy a modular approach, starting with datacollection or reporting based on your needs. Need quarterly reporting with in-depth metrics?
What is the best way to collect the data required for CSRD disclosure? The best way to collect the data required for CSRD disclosure is to use a system that can automate and streamline the datacollection process, ensure the data quality and consistency, and facilitate the data analysis and reporting.
Automated Data Gathering: Streamline processes with automated datacollection and aggregation and reduce the likelihood of errors associated with manual data entry. Deadline Tracking and Alerts : Stay on top of key filing deadlines, avoiding late submissions and associated penalties, with automated alerts and reminders.
Gone are the days of manual data entry, tax calculations, and document management, leading to significant time savings and a reduced margin for error. You’ll be able to focus on getting the job done.
Use these steps to find insights and patterns, so you can be the one that shares an actionable data point that leads to the upcoming big-ticket item in your strategic plan. Step #1: Datacollection. Whether you are part of a small company or leading an enterprise, you will want to collectdata from multiple sources.
The traditional financial close will verify and adjust account balances at period end to produce reports representative of a company’s true financial position to inform management, investors, lenders, and regulatory agencies. A well done financial close can help you: Report on current and historical financial positions.
In todays world, Organizations looking at improving their Planning process only consider automating the datacollection process rather than looking into the core process definition. However, these tools are more of data aggregation and datacollection solutions than effective planning aids.
With robust integration capabilities and an intuitive user experience, Longview Close ensures faster, more accurate reporting and compliance with accounting standards. It automates datacollection, consolidation, and reporting, enabling organizations to generate reliable financial statements quickly.
Effective budgeting and planning are critical for driving business performance, but traditional methods are often hindered by manual processes, data inaccuracies, and rigid timelines. As market conditions are expected to shift, Oracle-driven finance teams grapple with the challenge of creating accurate forecasts.
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