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InsightSoftware.com Helps Finance Teams Streamline Budgeting Process

New microsite demonstrates how Insight Budgeting helps finance teams
accelerate their budgeting cycles in JD Edwards


WEBWIRE

DENVER, August 1, 2012 – With the 2013 budgeting season in full swing, InsightSoftware.com is empowering finance teams leveraging JD Edwards’ solutions to streamline their budgeting process and increase efficiency with the launch of a new budgeting-focused microsite. Unlike other financial reporting solutions, Insight Budgeting works directly with organizations’ ERP software to easily capture, maintain and upload budgets within a single solution. Additionally, Insight Budgeting enables users to easily output financial information to Excel, allowing finance teams to leverage existing spreadsheet data.
 
“As so many finance teams know, budgeting can be a cumbersome and complex process that involves multiple data sets and is often rife with inefficiencies,” said Jon Louvar, budgeting product specialist for InsightSoftware.com. “Our goal is to help finance teams better manage the ‘spreadsheet madness’ by offering a simple budgeting solution that easily integrates with their existing ERP. And with Insight Budgeting, organizations don’t have to abandon the familiarity of Excel in order to increase efficiency.”
 
InsightSoftware.com’s new microsite offers detailed information about Insight Budgeting, and profiles companies that have streamlined their budgeting cycles. The new microsite also includes information that helps executives determine the reclaimed productivity of their finance teams when the budgeting process is shortened. Visitors can also learn how to:

  • Improve cycle times by reducing budgeting and forecasting cycle time by up to 70 percent
  • Gain access and view real-time actual, budget and forecast numbers in one place, with no data conversion or mapping
  • Enable stakeholders by providing complete visibility to the business


 
According to an Accenture report, companies worth $1 billion or more will spend on average 25,000 working days defining budgets, and many companies will take up to six months to finalize their budgets. InsightSoftware.com believes the key to a faster budgeting process is workflow automation, coupled with a tool that complements Excel, rather than competes with it.
 
 
About InsightSoftware.com
InsightSoftware.com provides hassle-free reporting solutions to companies that use Oracle E-Business Suite and JD Edwards ERP systems. This innovative software suite helps companies address rapidly changing business challenges and can be installed and live in hours, providing an immediate ROI. Operations such as real-time and ad-hoc reporting, data reconciliation, integrity management and entire process optimization are achieved quickly and easily with Insight.
 
Established in the UK in the early 1990s, Insight now has offices in Europe, North America, Africa and Australia. With a portfolio of over 650 customers and an installed base of 45,000 worldwide users, Insight is a global leader in enterprise reporting solutions. These agile solutions are enabling business users in functions such as finance, distribution, manufacturing, human capital management, project management and I.T. to be self-sufficient and deliver dynamic answers to critical business questions in minutes. Find out more at www.insightsoftware.com.
 
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 JD Edwards
 Corporate Finance
 budgeting
 enterprise finance
 Financial Reporting


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