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Global Finance Teams Falling Behind in Digital Transformation, According to Report from insightsoftware and Hanover Research

Jet Global

July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. With 63 percent of finance teams now reporting a “high level” of digitization, they have become significantly more efficient in their day-to-day tasks.

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Board Report Best Practices

Jet Global

While reports are important, many board members aren’t taking the contents of board reports to mind. Having easy-to-read and straightforward board reports is something many companies can work on to forward their vision. How can you help your company get ahead with comprehensive board reporting that hits home?

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SOX Compliance Guide

Jet Global

With multitudes of regulations surrounding everything from reporting to data security, organizations can quickly become overwhelmed. The Sarbanes-Oxley Act of 2002 imposes an annual SOX compliance requirement on publicly traded companies operating in the United States. These committees oversee financial reporting and audit processes.

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2023’s Top Trends for Finance Teams in Europe, the Middle East, and Africa

Jet Global

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.

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insightsoftware Ranks in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions

Jet Global

Gartner sets a notoriously high bar for inclusion in its MQ reports. Like other Gartner Magic Quadrant reports, the financial close and consolidation version provides a graphical comparative positioning of technology and service providers where market growth is high and provider differentiation is distinct.

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What is a Data Pipeline?

Jet Global

Data pipelines are designed to automate the flow of data, enabling efficient and reliable data movement for various purposes, such as data analytics, reporting, or integration with other systems. ETL pipelines are designed to prepare data for analysis, reporting, or other business intelligence applications.

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Agility for Strategic Decision-Making: A Finance Team Imperative

Jet Global

Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting. Respondents also reported that their processes are significantly more efficient in 2022 than they were in 2021. Financial reporting (89 percent). Operational reporting (84 percent).

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