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More Than Two-Thirds of IT and Finance Professionals Waste a Day Each Week on Operational Reports, According to New insightsoftware Research

Jet Global

. – April 12, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today released new research on the state of operational reporting. Key findings include: Operational reporting costs 71% of IT departments, on average, 1 day per week, or $23,730 per year in salary costs.

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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

The Impact of Market Uncertainty This year, Finance decision-makers are feeling pressure from both internal and external sources. This year’s survey highlighted a significant drop in teams expecting to grow in 2023 down to 64%, compared to 73% in 2022. In addition to this economic squeeze, skills shortages are still a key challenge.

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insightsoftware Introduces Comprehensive Cloud Platform

Jet Global

To adapt to continued market uncertainty, businesses need to be agile and resilient in order to ensure continued growth. A recent survey by insightsoftware and Hanover Research reported 63% of IT decision makers find that finance is either very- or over-reliant on the IT department for operational reporting.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. Δ The post Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty appeared first on insightsoftware.

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Top 5 Finance Challenges of 2023

Jet Global

This year, companies worldwide find themselves navigating constant market uncertainty, needing to accomplish more with less resources, and preparing for a potential recession. Challenge 1: Budgetary restraints Due to market uncertainty, businesses are treating their budgets with more scrutiny. Ready to eliminate Finance challenges?

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

Jet Global

Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA. The State of Finance in EMEA Finance teams worldwide have been deeply impacted by market uncertainty. In a market defined by uncertainty, automation helps to bridge efficiency gaps. EMEA mirrors the global results at 66%.

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2024 Predications for SAP Finance Teams

Jet Global

Sustaining growth amidst economic uncertainty demands immediate, clear insights from your SAP data to inform strategic decision-making. The aftershocks of pandemic disruption continue to put pressure on supply chains, increasing the need for robust oversight to maintain operational stability and customer satisfaction.

Finance 52