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
Our latest survey of finance team leaders and decision-makers from North America and EMEA reveals that manual financial and operationalreporting processes are seriously impacting the time these professionals can spend on analysis. Download the Full 2021 Finance Teams Trends Survey.
. – 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.
Rather than tackling the same routines month after month, finance experts will have time to focus elsewhere. Reporting stops feeling like an all-consuming obligation as it becomes a process that now leaves time for analysis and drives smarter decision-making. To learn more, contact us.
The out-of-the-box reporting provided by big ERP vendors frequently fails to address the fundamental requirements of speed and agility, making it difficult for finance and accounting to achieve that vision for up-to-date financial intelligence to support time-critical processes. The Challenges of a Month-End Close.
Powered by interactive visualizations, managers use these reports to outline the progress of the week and find improvement opportunities for the future. Traditional reports are often in a written format, that might include an introduction, body, and conclusion.
Finance teams are increasingly being asked for timely, recurring operationalreports to support day-to-day decision making. The most common challenges your finance team probably faces are: lengthy report creation time, existing tool complexity, and the inability to drill into transactional data. Download Now.
Oracle-driven finance teams today face increasingly complex challenges. In recent years, the finance function has had to adapt to become more flexible as they navigate market upheaval, global inflation, and rapid changes to technology. As a result, it’s no wonder that finance teams are grappling with skills shortages.
That might be a sales performance dashboard for your Chief Revenue Officer, a snapshot of “days sales outstanding” (DSO) for the A/R collections team, or an item sales trend analysis for product management. The finance experts at CXO Software ?have We offer a range of reporting, planning, and analysis tools for businesses of all sizes.
The complexity and variability of project-based businesses represent distinct challenges for finance and accounting teams. How do you navigate the complexity of your project-based financial reporting? Interestingly, however, many project-based businesses like yours are not even close to achieving this level of reporting.
Enhance Your Cloud Experience With Angles Enterprise for Oracle Cloud Applications Download Now The Burdens of Using On-Premises Data For your team, existing out-of-the-box reporting capabilities from your ERP can be a confusing mix of tools, techniques, and capabilities—especially for finance users.
When extracting your financial and operationalreporting data from a cloud ERP, your enterprise organization needs accurate, cost-efficient, user-friendly insights into that data. It provides consistency in data for reporting purposes, as you are working with snapshots of the data at a particular point in time.
By adding depth and meaning to the numbers, finance teams can help everyone in their organization, as well as important external stakeholders, to better understand the realities that drive the business. Here’s a brief overview of the elements on which finance leaders should focus: Set the stage. Download Now. Propose a path forward.
You can also elevate the standing of your finance team within the company, shedding light on the strategic importance of your department. That means instead of just delivering plain reports, aim to make your reports come to life by putting the numbers in context for key stakeholders outside of finance.
At the same time, the finance function is emerging as a strategic pillar in many organizations. Companies are generating more data than ever before, and it’s falling on the finance team to make sense of the meaning behind all those numbers. However, there is a downside; each system, operating independently, constitutes a data silo.
Being a finance professional is stimulating and rewarding, but it comes with a set of unique challenges. Simply working harder doesn’t seem to solve the problem; finance professionals must work smarter, applying the right tools to get the job done quickly, efficiently, and accurately. Challenge 1. ERP Complexity. Challenge 3.
This can be tremendously burdensome for finance teams already stretched thin and struggling to do more with less. If you’re only performing that process once, it might not be so bad, but when your finance team must go through all of those steps over and over again, it adds up to a tremendous amount of work. Let’s consider some ?challenges
The source data in this scenario represents a snapshot of the information in your ERP system. Now consider the dialog that often takes place between the finance department and the VP of Sales. The VP of Sales enters comments in the spreadsheet, adjusts a few numbers, and emails the file back to finance.
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