InsightSoftware.com Enables JD Edwards Users to Improve Budgeting and Forecasting Procedures
DENVER, November 26, 2012 – As the 2013 budgeting season winds down, finance teams around the globe are working feverishly to ensure that their budgeting and forecasting estimates are accurate and based on real-time information from across the entire organization. And while the enterprise financial planning process can be rife with stress and inefficiencies, the looming year-end is causing many finance teams to shift into final countdown mode.
To help streamline their financial planning and decrease some of the anxiety associated with budgeting, InsightSoftware.com is encouraging finance teams leveraging JD Edwards solutions to explore a simple software tool that works directly with their organization’s ERP software to easily capture, maintain and upload budgets within a single solution. Finding a solution that also offers numerous options for accessing and leveraging real-time data – whenever and for whoever – is also key.
“Financial planning and budgeting can be a painful, drawn-out process for many enterprises, but it doesn’t have to be,” said Jon Louvar, Manager of Financial Planning for InsightSoftware.com. “The ‘Lean’ principles, originally designed for eliminating waste in manufacturing, can and should be applied to the financial planning process. The ability to adjust budgets and forecasts as needed and based on real-time financial data is proven to increase efficiency.”
Insight Budgeting leverages these same Lean principles by simplifying the budget process. Users can upload their budget and forecast information into JDE with a single click while also easily outputting financial information to Excel, thus allowing finance teams to use existing spreadsheet data. Insight Budgeting also helps executives reclaim productivity of their finance teams by shortening the budgeting process. Insight Budgeting users can:
- Improve cycle times by up to 70 percent
- View real-time actual, budget and forecast numbers in one place, with no data conversion, warehousing or mapping
- Enable stakeholders by providing complete visibility to the business
“Our goal is to help finance teams improve their budgeting and forecasting process by offering a single budgeting solution that easily integrates with their existing ERP, and offers quick and easy access to real-time data,” said Louvar. “By having this information at their fingertips they can empower their entire finance team and provide stakeholders with the information they need to adjust budgets and forecasts accordingly.”
InsightSoftware.com provides hassle-free reporting solutions to Oracle E-Business Suite and JD Edwards users. Their solutions help companies address changing business challenges and are installed in hours, providing an immediate ROI. With over 650 customers and 45,000 users, InsightSoftware.com solutions are enabling end users to deliver answers to business-critical questions in minutes. www.insightsoftware.com.
Oracle, Oracle E-Business Suite, and JD Edwards are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
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