insightsoftware provides applications for finance departments and other business users in midsize and larger organizations, offering a broad range of functions including analysis, internal and regulatory reporting, planning, consolidation, tax provision and treasury. The software brings together applications that enable business users to maximize data collected in existing systems and streamline the performance of a range of office of finance functions, all while limiting or eliminating the involvement of IT professionals.
insightsoftware Enables a Predictive and Effective Finance Department
Posted by
Robert Kugel on Feb 14, 2023 3:00:00 AM
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Topics: Office of Finance, embedded analytics, Business Intelligence, Business Planning, Financial Performance Management, ERP and Continuous Accounting, digital finance, profitability management, Revenue, Lease and Tax Accounting
FinancialForce Sharpens Customer Focus in Services Businesses
Posted by
Robert Kugel on Jan 31, 2023 3:00:00 AM
FinancialForce offers cloud-based ERP and professional services automation (PSA) software. The company targets midsize and larger services companies, especially those that provide professional services (such as consultants or field service organizations) as well as those that offer subscription-based or recurring revenue services and products. FinancialForce’s key point of differentiation is that it is built natively on the Salesforce platform, ensuring that CRM data is already located on the same platform as accounting and back-office data so organizations can orchestrate end-to-end, front-office to back-office processes without having to integrate different systems.
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Topics: Office of Finance, Business Planning, Digital Commerce, ERP and Continuous Accounting, Subscription Management, digital finance, Revenue, Lease and Tax Accounting
Office of Finance 2023 Market Agenda: A Brave New World
Posted by
Robert Kugel on Jan 19, 2023 3:00:00 AM
Ventana Research recently announced its 2023 Market Agenda for the Office of Finance, continuing the guidance we have provided since 2003 on the practical use of technology for the finance and accounting department. Our insights and best practices aim to enable organizations to operate with agility and resiliency, improving performance and delivering greater value as a strategic partner.
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Topics: Office of Finance, Business Planning, Financial Performance Management, ERP and Continuous Accounting, digital finance, profitability management, Revenue, Lease and Tax Accounting
Vertex Manages End-to-End Indirect Tax Compliance Worldwide
Posted by
Robert Kugel on Nov 8, 2022 3:00:00 AM
The worldwide market for software to manage indirect income taxes, which includes sales and use, goods and services (GST) and value-added taxes (VAT), has been growing because of recent compliance mandates, the growth of e-commerce as well as a desire to accelerate business processes by reducing friction in areas such as tax compliance, cutting administration costs and lowering risk. Vertex provides businesses with cloud-based software that manages indirect tax processes for midsize and larger companies, especially for those with complex tax profiles. Vertex enables local and worldwide compliance backed by its ongoing tax research that continually compiles tax rules for over 19,000 jurisdictions. Because links with core financials is an essential capability for organizations of any size, Vertex maintains pre-built integrations with the leading ERP and financial management systems. Cloud-based systems are now the norm to support teams that are geographically dispersed and enable hybrid work environments. Ventana Research asserts that by 2026, a majority of midsize and larger companies will have digitized their indirect tax compliance to ensure accuracy as jurisdictions step up audits to increase revenues.
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Topics: Office of Finance, ERP and Continuous Accounting, Revenue, Lease and Tax Accounting
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