Remove 2020 Remove Forecasting Remove Operational Reporting Remove Uncertainty
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insightsoftware Acquires Event 1 Software

Jet Global

Deal furthers mission to deliver powerful portfolio of enterprise software solutions for Office of the CFO; expands real-time financial reporting capabilities for top ERPs Sage and Viewpoint. The construction industry has been hit especially hard by the events of 2020, with spending in the US forecast to be down as much as 9 percent.

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Why Finance Teams Are Facing Higher Pressure Than Ever

Jet Global

Finance teams that embrace this strategic imperative and equip themselves with the right tools will play a pivotal role, driving successful business results amid disruption and uncertainty. When the pandemic changed virtually everything in early 2020, business leaders were compelled to abruptly pivot to adjust to the new normal.

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3 Ways Finance Can Help Navigate Supply Chain Disruptions

Jet Global

Inability to properly budget and forecast. Citing supply chain challenges, the International Monetary Fund reduced its forecast for global economic growth from 4.9% With easily configurable reports, connected directly to source data, you can strengthen inventory forecasting and plan even farther ahead. Inefficiency.

Finance 52
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Why BEPS Compliance Might be a Good Thing

Jet Global

A 2020 US Tax Court decision, for example, found that Coca-Cola’s long-standing practices around cross-border intercompany charges had violated arm’s-length norms with respect to transfer pricing. Compliance costs are expected to be fairly significant, and uncertainty abounds. The learning curve may be steep.

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Overcome Finance Skills Shortages in the Construction Industry

Jet Global

In 2020, bachelor’s degrees in accounting fell by 2.8% , and master’s degrees fell by 8.4%. Market uncertainty is another important factor explaining this decline. Oftentimes, you’ll need to quickly generate a report, but it gets held up in IT, which must prioritize other critical tasks before the team can address reports for Finance.

Finance 52