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Finance Teams Are Alarmingly Less Efficient Than a Year Ago, According to New Research from insightsoftware

Finance Teams Are Alarmingly Less Efficient Than a Year Ago, According to New Research from insightsoftware
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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

With the economy pushing companies to do more with less, new research underscores the case for automated reporting insightsoftware, a global provider of reporting, analytics, and performance management

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Lack of Time for Analysis, Adoption of New Technology and Data Limitations are Top Challenges Facing Finance Teams, According to insightsoftware Survey

Lack of Time for Analysis, Adoption of New Technology and Data Limitations are Top Challenges Facing Finance Teams, According to insightsoftware Survey Less than half (46%) of financial executives say they are able to fully execute their responsibilities with manual, time-consuming processes listed by 49% of respondents as the primary obstacle News provided by Share this article Share this article RALEIGH, N.C., May 11, 2021 /PRNewswire/ In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. However, a new study from insightsoftware and Hanover Research shows that finance teams are being slowed down by manual, time-consuming processes and limited access to data even as a majority (52%) of finance team members spend 25% of each week producing financial statements.

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