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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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insightsoftware Launches Angles Professional for Oracle to Automate Recurring Operational Reports at the Gartner Data & Analytics Summit 2023

Jet Global

The expansion addresses major pain points for organizations, including the fact that nearly 90% of professionals face challenges with their reporting tools and rely heavily on IT support. This data is gleaned from a report from insightsoftware and Hanover Research: The Operational Reporting Global Trends Report.

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Top 5 Finance Challenges of 2023

Jet Global

There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.

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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

The results are in–for the third year in a row, insightsoftware has partnered with Hanover Research to deliver our yearly Finance Team Trends Report. Comparing results across the years shows an incredible journey for finance teams across the globe. Here, we discuss the top trends for finance teams this year.

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

Jet Global

Across Europe, the Middle East, and Africa (EMEA), organizations have transitioned from optimism to pragmatism post-COVID-19, preparing for potential recession while emphasizing digitization and resilience to navigate global market trends. The State of Finance in EMEA Finance teams worldwide have been deeply impacted by market uncertainty.

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Overcome Finance Skills Shortages in the Construction Industry

Jet Global

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. The strain is especially palpable for finance professionals in the construction industry. Market uncertainty is another important factor explaining this decline.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

How deeply will projects be impacted by market instability, skills shortages, and supply chain delays? Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. trillion worldwide by 2030. Want to learn more?