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Global Trends Report from insightsoftware and Hanover Research Reveals Nearly 90% of Finance Professionals Struggle With Operational Reporting

Jet Global

. – February 23, 2022 – insightsoftware , a global provider of financial reporting and performance management solutions for the Office of the CFO, today announced The Operational Reporting Global Trends Report. Further, the volume and type of requests for operational reports is rapidly increasing.

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Pairing Angles for Deltek with Spreadsheet Server Produces Next-Level Operational Reporting

Jet Global

Finance teams are increasingly being asked for timely, recurring operational reports 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.

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Discover Efficient Data Extraction Through Replication With Angles Enterprise for Oracle

Jet Global

When extracting your financial and operational reporting 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.

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Top 5 EPM Reporting Templates (+ How to Get Started with EPM)

Jet Global

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. Step 6: Drill Into the Data. Moreover, they’re constantly updated as new information becomes available.

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Your Cloud Journey Is More Important Than Ever

Jet Global

Too slow: Building custom reports takes time. Out-of-the-box reporting rarely covers specific organizational needs when it comes to operational reporting. Once you are in the cloud, you can: Format income statements, balance sheets, and other reports exactly how you want them.

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Best Practices for Your Project Reporting Toolbox

Jet Global

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 operational reporting professionals distribute reports as a static PDF.

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How to Move Beyond Spreadsheets for Modern Oracle Finance Efficiency

Jet Global

This year, an Oracle survey of CFOs reveals CFO’s top challenges include navigating the need to cut costs, retaining talent within the finance function, and focusing on more accurate forecasting. But there isn’t a simple solution for forecasting with Oracle alone. This lack of trust in the data can hinder strategic decision-making.

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