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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. To learn more about the challenges finance teams face, download the full report: Finance Teams Trends Report. RALEIGH, N.C.

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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. Request a demo today.

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

Jet Global

To be considered, product capabilities must include close management, financial consolidation, financial statement reconciliation and journal entry processing. Optional capabilities include financial reporting risk management and disclosure management.

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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). Download Now.

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Top 5 Trends Impacting Finance Teams in 2024

Jet Global

Generative AI Since ChatGPT was released in November of 2022, generative AI has exploded onto the global market. According to our recent Report on Operational Reporting , 98% of organizations surveyed distribute reports via a static PDF, and 95% generate either all or mostly static reports.

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