In this modern, turbulent market, predictive analytics has become a key feature for analytics software customers. Predictive analytics refers to the use of historical data, machine learning, and artificial intelligence to predict what will happen in the future. This ability to analyze and predict future scenarios sets certain applications apart from the pack, offering application teams significant advantage in a competitive market.

Following success with Power ON, insightsoftware takes strategic evolution, growth, and product enhancements to the next level with software to extend visual planning and write-back solution capabilities to Qlik users.

Cloud computing is proliferating businesses across all industries. According to a recent survey by the Harvard Business Review, 81% of respondents said cloud is very or extremely important to their company’s growth strategy. Overall, nearly two-thirds of senior executives stated their businesses have accelerated their plans to migrate to the cloud.

Finance teams today are facing unique challenges as they adapt to the post-pandemic landscape. Between shifts in the talent landscape and ongoing recession fears, finance leaders are now focused on steering their organizations through turbulent market conditions that require faster, more accurate forecasting and reporting capabilities to support agile decision-making.

As technology advances, so do user expectations. Many customers approach us hoping to boost their application’s analytics capabilities, which are often struggling to keep up with user demand. We see the same analytics challenges time and time again: Disjointed user experience — A lack of customization and functionality prevents your users from viewing data in a way that satisfies their needs. Few dashboards are built to serve the needs of many.

It’s no secret that companies that listen to their customers have a greater chance at success. That is why we value our customers’ voice at insightsoftware. You use our products every day to run your organization, make critical decisions, achieve your business goals, and bring success to your own stakeholders. This approach provides you with a unique perspective on how our offerings can be enhanced with new features and tools that help you and your end users work better.

Stories are the crux of effective communication. According to a Stanford University study, nearly two-thirds of people remember a story that’s part of a presentation. The study also found that speakers who merely present facts and figures only achieve a 5% recall rate among their audience. When your customers deliver analytics and reporting, the data visualization experience should be a memorable one.

Great data visualizations have the power to persuade decision makers to take immediate, appropriate action. When done well, data visualizations help users intuitively grasp data at a glance and provide more meaningful views of information in context. Good data visuals give busy workers a high-level summary of important data. They also offer a big-picture perspective and highlight trends, anomalies, and outliers while giving users the option to drill down into details and ask new questions when needed.

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. The survey included 519 senior accounting and finance professionals across North America and Europe, the Middle East, and Africa (EMEA). 52% are located in North America while 48% are in EMEA.

Financial dashboards bring performance into focus by collecting the most important metrics and indicators in one location. But when organizations build their financial dashboards from the ground up, challenges often arise. A primary hurdle is making the right design choices to create dashboards that drive successful business decisions. To overcome this hurdle, it helps to incorporate ideas that have already been implemented, evaluated, and improved on by others.