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
Dashboards often are the best way to gain insight into an organization and its various departments, operations and performance. Well-built, focused dashboards easily serve up summaries and reports of the BI that’s most critical to the organization. Kaushik’s biggest, and most entertaining, rule is “don’t data puke.”
In the media and entertainment business, success is engaging viewers and creating “stickiness.” Traditionally, media and entertainment companies only used data for basic operationalreporting. That happens when you understand viewer preferences and understand how audiences interact or consume content.
Reporting will change in D365 F&SCM, and those changes could significantly increase complexity and total cost of ownership. Now, instead of making a direct SQL call to the database to get information, a report must query a kind of intermediary layer instead. That works reasonably well for traditional reporting functions.
To fulfil these needs, 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. To customize an existing report or to create a new one with Crystal Reports, you need technical expertise.
Though the software offers several advantages over previous versions, finance teams using Microsoft D365BC may experience some challenges in the areas of operational and financial reporting. One general Microsoft D365BC reporting challenge comes from the ERP’s complex data table structure.
How do you ensure greater efficiency and accuracy for your financial reports? Here are five ways you can improve finance reporting efficiency, backed by our recent research into Oracle-driven finance teams. Embrace Finance Automation Oracle-driven finance teams contend with a wide range of automated financial reporting needs.
Eighty-nine percent of financial professionals across multiple geographies and industries are dissatisfied with their operationalreporting tools. What Is OperationalReporting? We queried 500 finance decision-makers across multiple regions and industries to understand the operationalreporting landscape.
When a company moves from a traditional on premise ERP system to a multi-tenant cloud product such as Microsoft Dynamics 365 Business Central (D365 BC) , there are usually some fundamental changes to the way you generate reports. Customers who have written reports using version 1 of the D365 BC connector APIs can continue to use them.
Financial reporting, operationalreporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. 2021 Finance Team Trends Report.
Since 1 January 2020, companies listed on a regulated exchange in the European Economic Area (EEA) have needed to adopt a new framework for formatting and filing annual financial reports (AFRs) relating to financial years that started on or after that date. How common is it for internal and external reporting to be out of line?
Further challenges with ERP migration include having the scruples to choose what data and reports to move over and what to leave behind, cleaning your data and converting it to the proper format, reworking the Chart of Accounts, including new accounting numbering schemes, and correctly implementing a final data validation.
To celebrate our partnership’s 100th customer, we sat down with Michael Heinsdorf, director of product alliances and corporate development at Deltek to discuss the partnership between Deltek and insightsoftware (ISW), and how the collaboration has helped clients increase efficiency, boost ROI, and reduce time spent generating financial reports.
According to approximately 500 finance professionals surveyed recently for insightsoftware’s 2021 Finance Team Trends report , the number one challenge facing FP&A professionals today is a lack of time to spend on value-added analysis. 2021 Finance Team Trends Report. To see how our solutions work, request a demo today.
In the recently released insightsoftware 2021 Finance Team Trends report , survey respondents from North America and EMEA revealed some of the top challenges facing finance teams: Lack of time to spend on analysis. Reporting with disparate systems. Adoption of new technologies. Data limitations or inaccuracies.
Follow-Through With Reporting and Analytics. To be successful with enterprise planning, companies need to build a strong competency in reporting and analytics. To support the end-to-end enterprise planning process, your reporting strategy should include an integrated approach to financial planning and analytics.
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.
While financial reporting and compliance are still key responsibilities of the role, more and more businesses are now leaning on a CFO’s management expertise to help inform strategic decisions. Figure 1 CFO Evolution Survey Report, Armanino LLP, 2017 All rights reserved. Powerful Tools.
That is how most people operate, especially stakeholders outside the boundaries of the finance department. By itself, a single report rarely tells the full story. To understand the big picture of enterprise performance, you’ll need multiple points of information, often provided as a series of reports.
We should be clear from the outset that BI is fundamentally different from reporting. Virtually every business on the planet has some kind of reporting mechanism in place–even if it’s just a simple set of off-the-shelf printouts that come from basic accounting software. Business reporting is more operational in nature than BI.
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.
In fact, 82% of finance professionals cite poor data management and integration as the biggest challenge to financial reporting, forecasting, and compliance. Without a unified view of financial and operational data, organizations struggle to make accurate assessments, identify key trends, and adapt to changing business conditions.
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