RALEIGH, N.C., Oct. 29, 2024 (Globe Newswire) — Insightsoftware, the most comprehensive provider of solutions for the CFO office, today launched Insightsoftware Reporting for Workday. With a live connection to Workday, finance teams can speed up reporting so they can spend more time on strategic analysis. CFOs, administrators, financial analysts, accountants, operations personnel, and IT managers can report on financial data in near real-time.
Finance teams are increasingly looking to go beyond native ERP reporting functionality and create custom reports that perfectly fit their business needs. As a result, finance professionals often spend significant amounts of time creating reports and rely heavily on IT for support. A study conducted by Insightsoftware found that 75% of finance professionals spend at least 5-6 hours each week recreating financial reports, totaling 300 hours per year. This highlights the need for more adaptable and user-friendly reporting solutions that allow finance teams to extract greater value from ERP data using familiar tools such as Excel.
Insightsoftware Reporting for Workday provides live connectivity for finance teams and facilitates more effective reporting on financial data. Built on Insightsoftware’s robust connected data platform, it leverages deep domain expertise with integrated business logic and context to enable seamless reporting of general ledger data. Finance professionals can efficiently create financial reports in Excel, examine transaction details, and quickly resolve issues.
“We are excited to offer Workday users a new, more flexible approach to meeting their financial reporting needs. Now we can drive decisions,” said Lee An Schmmer, chief product officer and general manager of FP&A at insightsoftware. “Creating this live connection with Workday demonstrates our continued commitment to giving finance teams exactly what they need to drive growth for their organizations.”
Insightsoftware Reporting for Workday provides finance teams with a more flexible and intuitive environment for reporting in Excel, providing the critical context and business understanding needed to make critical decisions. This goes beyond what is possible with standard ERP and financial system reporting.
Insightsoftware Reporting for Workday is available in North America, EMEA, and APAC regions, ensuring worldwide deployment and support. For more information, please visit the Insightsoftware website.
About Insight Software
Insightsoftware is a global provider of comprehensive solutions for the CFO’s office. We believe that actionable business strategy begins and ends with accessible financial data. Transform the way teams operate and empower leaders to make timely, informed decisions with solutions across financial planning and analysis (FP&A), accounting, and operations. As data is at the heart of everything we do, Insights software enables automated processes, provides trusted insights, increases predictability, and improves productivity. For more information, visit insightsoftware.com.
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