Jet Global

JANUARY 6, 2021

Getting to the cloud, though, will require one more big project, with all of the cost, complexity, and risk that go along with such endeavors. How can businesses manage the process to achieve positive results while maintaining budget and risks within acceptable parameters? Here are some best practices: Start the Process Early.

Cost-Benefit 98

Cost-Benefit Testing Finance Reporting 98

Jet Global

APRIL 26, 2021

Any other information that lenders feel relates to your company’s ability to repay the loan. Ultimately, the content and format of your debt covenant reports depends on your actual loan agreements and lender expectations. Standard ERP financial reports do not typically present financial ratios, for example.

Reporting 52

Reporting Finance Operational Reporting Measurement 52

Jet Global

SEPTEMBER 4, 2020

Now, instead of making a direct call to the underlying database to retrieve information, a report must query a so-called “data entity” instead. With the cost of data storage continuing to plummet, many companies have decided that it makes sense to retain that kind of information, even if it will not be used right away.

Data Lake 88

Data Lake OLAP Data Warehouse Unstructured Data 88

Jet Global

SEPTEMBER 24, 2020

Operational reporting is essential for helping finance to identify inefficiencies and for ensuring that business processes run smoothly in any organization. Without accurate, up-to-the-minute operational reports, managers are flying blind. Reports created in this way simply cannot be refreshed with live data.

Operational Reporting 52

Operational Reporting Reporting Finance Dashboards 52

datapine

JANUARY 18, 2023

With this issue in mind, several BI tools have been developed to assist businesses in the generation of interactive reports with just a few clicks, enhancing the way companies make critical decisions and service insights from their most valuable data. How can you push yourself ahead of the pack with the power of information?

Reporting 201

Reporting Metrics Dashboards Visualization 201

Jet Global

APRIL 9, 2023

More than a quarter of professionals reported that incorrect data had been manually input into an enterprise system at their firms. This highlights the pressing need to automate and streamline processes to reduce manual data entry and mitigate risk of error. But in the long-term, the time it takes to find and fix little errors adds up.

Reporting 52

Reporting Finance Risk Data Quality 52

Jet Global

OCTOBER 10, 2023

The Cause and Effect of Disjointed Reporting Recent research found that more than two-thirds of IT and finance professionals waste an entire day each week on operational reporting. This continued ineffective and disjointed reporting results from siloed data that can prevent real-time collaboration and impactful conclusions.

Finance 59

Finance Operational Reporting Reporting Forecasting 59

Jet Global

NOVEMBER 4, 2021

However, it falls short in some ways when it comes to financial and operational reporting, and planning, budgeting, and forecasting. This enables partners to meet the data needs of the office of the CFO within their customer base while creating a new, more profitable, low risk revenue stream.

Operational Reporting 52

Operational Reporting Finance Reporting Marketing 52

Jet Global

FEBRUARY 8, 2021

If you are moving from Microsoft Dynamics NAV, GP, or SL, you will need to adjust to a very different paradigm for reporting and analytics. Data access for reporting has fundamentally changed with Microsoft D365 BC. Microsoft’s cloud-based ERP systems no longer allow customers to directly access information in the database.

Reporting 98

Reporting Dashboards Cost-Benefit OLAP 98

Jet Global

MAY 16, 2023

By connecting solutions across the insightsoftware portfolio, organizations can now choose the capabilities they need for effective reporting, controllership, and budgeting and planning, while improving productivity, user experience, and reducing implementation risk. Good things happen when you’re well connected.

Uncertainty 52

Uncertainty Finance Cost-Benefit Reporting 52

datapine

SEPTEMBER 4, 2019

However, if the underlying information isn’t easy to access, analyze or understand, it is pointless. That being said, in this post, we will explain what is a dashboard in business, the features of strategic, tactical, operational and analytical dashboards, and expound on examples that these different types of dashboards can be used.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

Jet Global

NOVEMBER 25, 2020

If you work in a finance team within a construction business, it’s likely your main goals are to reduce risk, improve profitability, and maintain exceptional levels of compliance. Thirty percent of Viewpoint customers are using Crystal Reports. Twelve percent of Viewpoint customers are outsourcing report creation.

Reporting 52

Reporting Optimization Finance Cost-Benefit 52

Jet Global

JANUARY 5, 2021

Using Management Reporter, every time the accounting team wanted to produce a report, this customer needed to run over 20 different versions of the given report, one version for each entity. Then the team needed to extract the information to Excel, consolidate it, format it, add formulas, and double-check the results.

Reporting 98

Reporting Data Warehouse Finance Cost-Benefit 98

Jet Global

AUGUST 19, 2020

For the accounting department in particular, the ability to collect and collate information, analyze that data, and produce accurate financial and operational reports quickly has never been more important. With the right technology, all of this can be driven by real-time data from your various information systems.

Reporting 72

Reporting Finance Cost-Benefit Data-driven 72

Jet Global

FEBRUARY 25, 2021

Of course, regulatory bodies aren’t the only entities with an interest in financial consolidation; this process is also essential to providing stakeholders and investors with better information and disclosures about the state of the organization. As a result, your finance team can spend less time tracking down source information.

Finance 97

Finance Cost-Benefit Reporting Software 97

Jet Global

APRIL 7, 2020

In the world of finance and accounting, CFOs are discovering the merits of finance-owned reporting tools. These real-time reporting tools are ideally suited for remote work. Like all of insightsoftware’s products, Spreadsheet Server provides real-time information with a self-service toolset that empowers finance end users.

Reporting 64

Reporting Slice and Dice Finance Cost-Benefit 64

Jet Global

OCTOBER 6, 2020

When it comes to financial and operational reporting, success or failure will often depend on the overall approach you take for business intelligence. Most organizations choose one of these three options: They use the built-in reporting tools that come with their software. Again, it’s an expensive proposition.

Reporting 40

Reporting Cost-Benefit Operational Reporting Finance 40

Jet Global

JANUARY 12, 2021

One of the chief complaints that we hear over and over again from business executives is that they still struggle to get clear, accurate, and timely information out of their business software systems. For frontline workers in finance and accounting, it means waiting days or weeks to get the needed information.

Strategy 69

Strategy IT Cost-Benefit Finance 69

Jet Global

DECEMBER 23, 2019

For example, NetSuite makes it possible to generate reports on enterprise performance, but it doesn’t necessarily optimize the reporting process. It offers a suite of financial and operational reporting tools that run inside the familiar ecosystem of Excel and fully integrate with NetSuite. Spreadsheet Server does.

Reporting 64

Reporting Data Collection Operational Reporting Optimization 64

Jet Global

DECEMBER 2, 2019

But let’s cut through the theoretical debates and get down to real brass tacks: There actually is a straightforward way to separate reporting from BI for companies using ERP software, and you need to make sure you are doing something about it. BI is macro. There is another important distinction BI brings to the table: governed truths.

Business Intelligence 69

Business Intelligence Reporting OLAP Data Warehouse 69

AWS Big Data

DECEMBER 21, 2023

The data products used inside the company include insights from user journeys, operational reports, and marketing campaign results, among others. In addition, smava added new staging environments in the Business Vault to develop new data products without the risk of interfering with existing product pipelines.

Data Lake 87

Data Lake Data Warehouse B2B Data-driven 87

Jet Global

APRIL 25, 2024

SOX, while primarily focused on financial reporting and corporate governance, has implications for IT controls as reliable and secure IT systems are critical for accurate financial reporting. SOX, in the context of IT, requires companies to implement controls that safeguard the accuracy of financial reporting.

Reporting 52

Reporting Risk Management Risk Software 52

Jet Global

FEBRUARY 20, 2024

Many operational reporting teams remain buried under static PDF reports or rigid native ERP functionalities. But don’t take our word for it, here are some shocking stats from our recent operational reporting research report : 71% of IT teams spend an entire day every (+7hrs) week on operational reports.

Operational Reporting 52

Operational Reporting Reporting Digital Transformation Optimization 52

Jet Global

JULY 1, 2022

They are the driver of every global company, manufacturer, and supplier, but they are increasingly susceptible to adverse risks. Without purpose-built supply chain reporting technology, managers of these processes who are using polluted SAP data are often unaware that it is even polluted. Organize and Clean the Data You Rely On.

Operational Reporting 98

Operational Reporting Reporting Finance Software 98

Jet Global

SEPTEMBER 27, 2023

According to insightsoftware and Hanover Research’s recent Finance Team Trends Report, 24% of finance teams still find manual and time-consuming processes to be a top challenge as they struggle with disconnected systems and spreadsheet-based processes.

Dashboards 52

Dashboards Reporting Operational Reporting Finance 52

Jet Global

NOVEMBER 16, 2022

Board reports help inform all board participants as to what each committee or department is working on, the challenges they are facing, and what goals they have going forwards. Why Are Board Reports Important and What Should They Contain? risk and compliance management. Compliance Risk Management. progress reviews.

Reporting 94

Reporting Software Key Performance Indicator Dashboards 94

Jet Global

OCTOBER 27, 2022

Finance teams are increasingly being asked for timely, recurring operational reports to support day-to-day decision making. The most common challenges your finance team probably faces are: lengthy report creation time, existing tool complexity, and the inability to drill into transactional data. Download Now.

Operational Reporting 52

Operational Reporting Reporting Finance Dashboards 52

Jet Global

MARCH 20, 2024

This lack of visibility can lead to missed opportunities for cost savings or uncovering financial risks. Inefficiency and Bottlenecks: The reliance on IT for custom reports creates a bottleneck. Your team will spend valuable time submitting requests, waiting for reports to be built, and clarifying any discrepancies.

Slice and Dice 52

Slice and Dice Finance Reporting Cost-Benefit 52

Jet Global

DECEMBER 11, 2023

Confidence erosion in reporting : Discrepancies and complexities in consolidating financial statements put confidence in data at risk. Validating external information against the general ledger is just the beginning. Your accounting team faces the challenge of harmonizing data from various software systems.

Management 52

Management Finance Reporting Software 52

Jet Global

MAY 25, 2023

Wands for Oracle Tips & Tricks: Save Time with Quick and Easy Reconciliation Download Now Better Insights from More Accurate Data During the discussion, we touched on which metrics finance leaders should be focusing on and how they can inform strategic decision making. Reporting tools allow them to make more accurate predictions. “The

Finance 52

Finance Technology Reporting Operational Reporting 52

Jet Global

NOVEMBER 14, 2023

Poor data compromises your decision accuracy, resource allocation, responsiveness, customer satisfaction, and it leads to missed opportunities and compliance risks. Reports and dashboards lack the self-service features your finance team needs to do their job efficiently, because they require deep technical knowledge of EBS.

Reporting 52

Reporting Finance Operational Reporting Dashboards 52

Jet Global

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. Using the information from predictive analytics can help companies—and business applications—suggest actions that can affect positive operational changes.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

Jet Global

APRIL 24, 2024

According to insightsoftware and Hanover Research’s latest Embedded Analytics Report , developers see AI as the most important trend of the next five years. And embedding AI into analytics isn’t just about providing data insights, it’s about delivering information in a relevant and actionable way. Privacy Policy.

Business Intelligence 52

Business Intelligence Dashboards Software Reporting 52

Jet Global

AUGUST 24, 2023

Unless there is a compelling reason to move their financials onto a cloud financial platform, companies may choose to not take the risk. Ripping the band-aid off and adapting all processes to something new runs huge risk of killing efficiency and productivity across the board. Thus, finance data remains on-premises.

Finance 52

Finance Reporting Data Integration Risk 52

Jet Global

MAY 10, 2021

Financial reporting, operational reporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. Risk and compliance issues that may impact certain actions or decisions.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98

Jet Global

NOVEMBER 8, 2021

After all, most finance leaders know that migrating data from their old ERP and implementing a new ERP comes with the risk of being a costly, complex, and labor-intensive process that detracts from the actual work at hand. Accelerating and De-Risking Validation. Reduce the Cost, Complexity, and Risk of ERP Migration.

Recreation/Entertainment 98

Recreation/Entertainment Reporting Finance Cost-Benefit 98

Jet Global

APRIL 18, 2024

Constant market changes have increased pressure on faster, more accurate forecasting and reporting to inform rapid decision-making. By connecting and integrating data from disparate sources, you can gain a holistic view of the business and make informed decisions based on reliable information. Privacy Policy.

Forecasting 52

Forecasting Finance Dashboards Reporting 52