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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

Understanding evolving market conditions and consumer behaviors in EMEA remains crucial for capitalizing on emerging opportunities and mitigating risks in this dynamic and competitive landscape. EMEA mirrors the global results at 66%. This is particularly worrying given the increasing layers of global finance regulation. 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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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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Agility for Strategic Decision-Making: A Finance Team Imperative

Jet Global

Other related tasks that saw big jumps in prioritization for finance were “management of company’s investments,” “internal risk management,” and “short-term business strategy,” all of which carry strong strategic importance. Technical accounting (up 13 percent from 72 percent in 2021 to 85 percent in 2022). Download Now.

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