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insightsoftware Launches Logi Symphony on Google Cloud Marketplace, Bringing Embedded BI and Analytics to Broader Audience - insightsoftware
Organizations can now streamline digital transformations with Logi Symphony on Google Cloud, utilizing BigQuery, the Vertex AI platform and Gemini models for cutting-edge analytics RALEIGH, N.C. – Nov. 20, 2024 – insightsoftware, a leader in data & analytics, today announced the availability of Logi Symphony, its flagship embedded business intelligence (BI) solution, on Google Cloud […]
Partnering for Success at Directions EMEA - insightsoftware
Last week, insightsoftware was proud to attend Directions EMEA in Vienna, Austria, from November 6th to November 8th as a gold sponsor. With thousands of professionals from more than 900 partner companies coming together to share strategies and solutions to unlock the full potential of Microsoft Dynamics, Directions is the premier event for Dynamics partners […]
5 Ways to Minimize Downtime During Oracle Cloud Migration - insightsoftware
Today moving to the cloud is not an if, but a when. Not only does cloud migration allow businesses to adapt and scale with speed and efficiency, but it also provides better accessibility, lower costs than many on-prem solutions, better security, and improved integration options with other cloud-based applications. insightsoftware research shows that while only […]
Beyond Safe Harbor: Modernizing Tax Technology With Longview Tax - insightsoftware
In a world of shifting regulations, Safe Harbor rules have long been the go-to for simplifying tax compliance—especially with evolving challenges like the OECD’s Pillar 2. These provisions have been a crucial shortcut for businesses, allowing them to bypass complex tax calculations if they meet specific criteria. For multinational enterprises (MNEs), Safe Harbor has been […]
SAP S/4HANA Cloud Public Edition: Top Migration Challenges and Solutions - insightsoftware
Your organization has decided to make the leap to SAP S/4HANA Cloud Public Edition, a strategic choice that offers improved performance, advanced analytics, and more efficient support for your business operations. While this cloud ERP offers streamlined processes and improved scalability, it also limits the level of customization that finance teams have come to rely […]
Seamlessly Implement the Digital Product Passport (DPP) Using Your Agility PIM Data - insightsoftware
Starting in 2026, all companies selling products in the EU—no matter where they’re made—must comply with new regulations on product information sharing among businesses, consumers, and authorities. Get ready to make the switch! What is the Digital Product Passport (DPP)? In line with the EU’s Circular Economy Action Plan and Green Deal, every product sold […]
Bascule vers insightsofwtare consolidation : comment assurer la reprise des données historiques ? - insightsoftware
L'évolution du panorama des solutions EPM que l'on vit ces dernières années a incité de nombreuses entreprises à déployer de nouveaux outils. Ces mises en œuvre sont toujours délicates puisqu'un projet d'une telle ampleur génère forcément du risque à certaines étapes. C'est le cas notamment de la reprise des données historiques (RDH), qui est une [...]
Fast Close: Tipps zur Abschlusserstellung - insightsoftware
In der heutigen unstabilen Konjunkturlage erwarten Unternehmen eine schnelle Reaktionszeit Ihrer Buchhaltungs- und Finanztools, um sofortige Entscheidungen auf der Grundlage von Finanzdaten zu treffen, die beinahe in "Echtzeit" erhoben werden. "Fast-Close"-Projekte gewinnen in den Finanzabteilungen wieder stark an Bedeutung. Was ist Fast-Close? Dabei ist hervorzuheben: Fast-Close bietet die Möglichkeit, die Qualität der veröffentlichten Finanzdaten zu [...]
Accelerate Your Embedded Analytics with Logi Symphony on Google Marketplace - insightsoftware
Have you heard the news? Logi Symphony is now available on Google Marketplace, making embedding powerful analytics directly into your Google Workspace-integrated applications easier. This partnership with Google isn’t just another integration—it’s a game-changer for teams who need seamless access to insights without breaking their workflows. By hosting embedded analytics on Google’s cloud, application teams […]
Replace Crystal Reports With Spreadsheet Server for Optimized Reporting - insightsoftware
If you work in a finance team within a construction business, it’s likely your main goals are to reduce risk, improve profitability, and maintain exceptional levels of compliance. 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.
insightsoftware Eases Reporting for Finance Teams Using Workday, Freeing Time for More Strategic Work - insightsoftware
New connector puts near real-time Workday ERP data directly into Excel and other familiar tools, further chipping away at finance teams’ reporting burdens RALEIGH, N.C. – October 29, 2024 – insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today launched insightsoftware Reporting for Workday. Establishing a live connection with Workday […]
5 Ways to Improve Oracle Financial Reporting Efficiency - insightsoftware
Although Oracle E-Business Suite (EBS) provides a centralized hub for financial data, the manual process of exporting data into spreadsheets is both time-consuming and prone to errors, forcing finance teams to spend considerable time verifying numbers. Despite its powerful features, Oracle EBS can present challenges, including complex data management, integration hurdles, and a steep learning […]
3 Ways to Increase Trust in Your Epicor Data - insightsoftware
Epicor’s ability to provide industry-focused, scalable, and customizable ERP solutions has made it a popular choice for organizations across the globe. Epicor’s built-in reporting capabilities are useful for standard reports but can be limiting for organizations that require more advanced analytics. Without deep technical knowledge of Epicor’s data structures, attempting to manually create custom reports […]
How to Move Beyond Spreadsheets for Modern Oracle Finance Efficiency - insightsoftware
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. This year, an Oracle survey of CFOs reveals CFO’s top challenges include navigating the need to cut costs, retaining talent within […]
Collaborative EPM: Work Together, Drive Collective Success - insightsoftware
The evolving market landscape is driving an urgent need for a unified EPM solution, as finance teams face increasing pressures from several fronts. Rapid technological advancements, heightened competition, and the growing complexity of global markets have made financial agility and real-time decision-making critical to maintaining a competitive edge. At the same time, regulatory demands around […]
3 Ways to Transform Your SAP Finance Strategy - insightsoftware
Finance professionals often stick to proven methods, understanding that disrupting established systems can jeopardize time-sensitive financial processes. However, with the blinding pace of technological change, it becomes nearly impossible to keep up even with the advantages of advanced ERP systems like SAP ECC and S/4 HANA. For organizations entrenched in legacy SAP systems, stalled financial […]
Unlocking Trino's Full Potential With Simba Drivers for BI & ETL - insightsoftware
In today’s fast-evolving data landscape, the right tools can make a transformative difference for any organization. Trino has quickly emerged as one of the most formidable SQL query engines, widely recognized for its ability to connect to diverse data sources and execute complex queries with remarkable efficiency. But what if you could push Trino’s potential […]
Myth Busters: How Jet Reports Simplifies Your NAV-to-BC Migration - insightsoftware
For many Microsoft Dynamics NAV users, migrating to Dynamics 365 Business Central (BC) is a daunting prospect. It’s often perceived as a time-consuming and expensive process that disrupts day-to-day operations. However, delaying the migration is no longer an option. Microsoft discontinued development of NAV in 2018, and mainstream support ended in 2023. Extended support is […]
Get Faster, More Accurate Reporting in Yardi and MRI - insightsoftware
In the fast-paced world of finance and property management, accurate and timely reporting is crucial. While platforms like Yardi and MRI offer valuable features, some users may find the process of generating detailed reports challenging. Factors such as complex data extraction, manual processes, and reliance on IT support can hinder efficiency. Third-party tools can provide […]
Future-Proof Your Analytics Tech Stack - insightsoftware
Future-proofing your analytics tech stack is essential for ensuring the longevity and success of your software applications. As the final stage of the data journey, analytics transforms raw data into actionable insights that directly impact business decisions and customer satisfaction. To effectively fulfill this role, analytics systems must possess a high degree of flexibility and […]
Inverse of an Average vs the Average of Inverses: Why Are They Not the Same? - insightsoftware
Every number has an “inverse” which is calculated by dividing 1 by that number. For example, the inverse of 5 is 1/5 (or 0.2) Consider a set of numbers and their inverses: Number Inverse A 1/A B 1/B C 1/C D 1/D E 1/E F 1/F Calculate the average of the set (A+B+C+D+E+F)/6 = G, […]
Currency Redenominations - insightsoftware
Most countries do not fix their currency rates at a particular value – their currency fluctuates in value depending on the market. But some countries choose to peg their currency so it is fixed against the currency of another country, often the US Dollar. Occasionally those countries may decide to redenominate their currency. This could […]
UK HMRC Exchange Rates - insightsoftware
We have recently added currency exchange rates published by UK HMRC to our Oracle E-Business Suite integration and our FXLoader Cloud Service for integration with Oracle ERP Cloud, JD Edwards, Workday and other ERPs. What are HMRC rates? The UK HMRC is the tax authority in the UK responsible for VAT, corporation tax and personal […]
How To Reconcile OANDA FX Currency Rates To Your ERP - insightsoftware
Many companies choose OANDA as the source for FX rates as they are a reliable, well-trusted rates provider. They publish Market Rates for every tradeable currency. There is a large amount of information available on OANDA’S website: https://www1.oanda.com/fx-for-business/historical-rates. Therefore, if you are checking rates, be sure to look at the correct data. This blog highlights […]
How to Get FX Cross Rates – Triangultaion vs Direct From Source - insightsoftware
What is a Cross Rate? Let’s assume USD is your main currency, and you get FX rates for USD with other currencies, e.g. USD>EUR, USD>CAD, USD>AUD Cross Rates are defined as FX rates which don’t include USD, e.g. EUR>CAD, AUD>EUR, CAD>AUD How Are Cross Rates Obtained? If your rates source provides FX rates for all […]
Bloomberg Rates Available In FXLoader - insightsoftware
We have always been committed to providing the leading sources of FX rates within FXLoader, based on the market and requests from clients. However, Bloomberg was one source that was not possible to add, due to the lack of a web service compatible with our modern Oracle Cloud platform. That changed when Bloomberg released their […]
Decimal Places vs Significant For FX Rates: Why The Wrong Choice Can Have A Major Impact On Your Company Accounts - insightsoftware
Many companies standardize on a certain number of decimal places when they use currency rates. However, this can be dangerous for low value currencies, creating very inaccurate rates or even rates of zero. What’s the Difference Between Decimal Places and Significant Figures? When rounding to a specified number of significant figures, the process is similar […]
Netsuite to Oracle ERP Cloud - insightsoftware
We have helped a number of new clients with the FX rate portion of their migration from Netsuite to Oracle ERP Cloud. Often, the motivation for this ERP move is to take advantage of the enhanced multi-national, multi-organization functionality in Oracle ERP Cloud. This is a full system migration of course, there is no automated […]
ERP Automation - insightsoftware
At FXLoader we work with tier-1 ERPs, the two most popular being Oracle ERP Cloud and Oracle E-Business Suite, which are also where I spent my previous life as a consultant. These global ERPs are used by the largest companies and so need to be able to cope with huge transaction volumes, which in turn […]
Bank of England Exchange Rates - insightsoftware
We have now added currency exchange rates published by the Bank of England to our Oracle E-Business Suite integration and our FXLoader Cloud Service for integration with Oracle ERP Cloud, JD Edwards, Workday and other ERPs. What are Bank of England rates? The Bank of England is the central bank for the UK. They publish […]
insightsoftware Unveils 2024 Finance Team Trends Report: Organizations Navigating AI, Skill Shortages, Data Integration, and ESG Reporting in an Evolving Industry - insightsoftware
In a fragmented software landscape, rapid technological advancements, artificial intelligence, machine learning, and cloud computing have escalated a growing skills shortage RALEIGH, N.C. – September 10, 2024 – insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, released its 2024 Finance Team Trends Report. The report analyzes data integration challenges, the […]
Help Your CFO Double Their Strategic Value - insightsoftware
Over the past two decades, and even more so because of the pandemic, CFOs have become one of business’ most prized assets. 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. Many CFOs spend their time dealing with the business-as-usual finance tasks and putting out fires. Add to that the recent challenges of […]
How to Prepare Your SAP Data for AI - insightsoftware
Since generative AI exploded onto the global market, organizations have flocked to adopt it. SAP is no exception–late last year, the ERP launched its embedded AI copilot, Joule. In addition, SAP has invested in other AI companies, hired a chief artificial intelligence officer, and added generative AI features to its products. In order to spur […]
Top 3 Trends in the Architecture and Engineering Space - insightsoftware
Thriving in today’s architecture and engineering space means balancing costs, careful project management, and leveraging data for maximum efficiency. Even as the economic tides continue to shift, architecture and engineering firms must confidently take the wheel to navigate the changes that rock the industry. As inflation continues to impact major projects while contract values decline, […]
5 Simple Strategies to Modernize Your Financial Planning and Analysis - insightsoftware
As hard as it may be to believe, we are nearly a quarter of the way through the 21st century. Yet many businesses still rely on 20th century processes and technology to complete their financial planning and analysis tasks. This reliance on outdated methods can lead to inaccurate forecasts, missed opportunities, and a competitive disadvantage. […]