TechValidate Research on insightsoftware

These pages present data that TechValidate has sourced via direct research with verified customers and users of insightsoftware. TechValidate stands behind the authenticity of all published data. Learn more »



2,985 Customers Surveyed

23,812 Data Points Collected

455 Published TechFacts

108 Published Charts

217 Published Case Studies



Selected Research Highlights


insightsoftware Case Study

Large Enterprise Health Care Company

Introduction

This case study of a large enterprise health care company is based on a September 2016 survey of insightsoftware customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“Since transitioning to using Spreadsheet Server to produce our monthly financial statements, the processing time has gone from three to four hours to less than one hour.”

Challenges

The business challenges that led the profiled company to evaluate and ultimately select insightsoftware’s Spreadsheet Server:

  • Manual, multi-step reporting processes
  • Difficulty combining/consolidating General Ledger (GL) and non-GL data from multiple ERP & relational database sources

Use Case

  • Evaluated the following reporting tool before choosing Spreadsheet Server:
    • Lawson Addins for Excel
  • Supplemental reporting tools used with insightsoftware Spreadsheet Server:
    • Data warehouse solution
    • Another Excel-based tool
  • Selected Spreadsheet Server over the competition because of the following:
    • Drill down capability to sub-ledger details
    • Employees and support
    • Excel-based Interface
    • Pricing
    • Quick implementation time

Results

The surveyed company achieved the following results with insightsoftware’s Spreadsheet Server:

  • The removal of disparate static Excel sheets
  • Faster, streamlined report creation
  • Faster access to live data to make strategic decisions
  • Empowered users to create their own reports with less dependence on IT
  • Reporting processes streamlined with Spreadsheet Server:
    • Month-end close and management/board reporting packages
    • Auditing and tax schedules
    • Budgeting/forecasting processes
  • Actions or business insights gained using Spreadsheet Server:
    • Identified incorrectly allocated funds and/or duplicate invoices due to reporting errors
    • Directed initiatives based on findings in reports
    • Increased their ability to complete tactical and complex analysis
  • Saved over 300 hours in one year with Spreadsheet Server.

insightsoftware Case Study

Medium Enterprise Wholesale Distribution Company

Introduction

This case study of a medium enterprise wholesale distribution company is based on a September 2016 survey of insightsoftware customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“We have utilized Spreadsheet Server to create various perspectives on Income Statement by our Sales Groups to better analyze our profitability by these groups as well as 35 profit centers and 7 cost centers. We are also able to utilize it for Tax and Bank Audits.”

Challenges

The business challenges that led the profiled company to evaluate and ultimately select insightsoftware:

  • Experienced the following pain points prior to implementing insightsoftware’s Spreadsheet Server:
    • To rekey data from the ERP system into spreadsheets
    • A heavy reliance on IT to create or edit reports
    • Difficulty creating reports in a timely manner
    • Difficulty combining / consolidating General Ledger (GL) and non-GL data from multiple ERP & relational database sources

Use Case

The key features and functionalities of insightsoftware that the surveyed company uses:

  • Evaluated the following reporting tools before choosing Spreadsheet Server:
    • A reporting tool packaged with ERP
    • MS ACCESS
  • Supplemental reporting tools used with insightsoftware Spreadsheet Server:
    • ERP packaged reporting tool
    • MS ACCESS
  • Selected Spreadsheet Server over the competition because of the following:
    • Employees and support
    • Excel-based Interface
    • Quick implementation time
  • Uses Spreadsheet Sever for Financial / General Ledger reporting and the following module:
    • Only financial

Results

The surveyed company achieved the following results with insightsoftware:

  • Benefits received from Spreadsheet Server:
    • Faster, streamlined report creation
    • Faster access to live data to make strategic decisions
    • Greater visibility into the overall business strategy
  • Reporting processes streamlined with Spreadsheet Server:
    • Data extraction from ERP or relational databases
    • Auditing and tax schedules
    • Budgeting / forecasting processes
  • Actions or business insights gained using Spreadsheet Server:
    • Directed initiatives based on findings in reports
    • Increased their ability to complete tactical and complex analysis
  • Saved 100-200 hours in one year with Spreadsheet Server.

InsightSoftware Customer Research

Manufacturing Industry

What reporting processes were streamlined using Spreadsheet Server?

Extracting data from ERP or relational database
72%
Month-end close & Management / Board Reporting Package
69%
Automated distribution of reports to management, other departments
41%
Budgeting / Forecasting processes
38%
Audit and Tax schedules
18%
Reporting outside the General Ledger, Inventory, Manufacturing, Sales, Purchasing, Projects, etc.
13%

InsightSoftware Customer Testimonial

InsightSoftware’s Spreadsheet Server is an excellent and affordable tool that satisfied our reporting and basic consolidation needs, instead of buying expensive systems or modules from our ERP provider. ( J.D. Edwards )

Jamil Khoury, Financial Reporting Manager / Financial Controller, Beirut Hospitality Company Holding

insightsoftware Customer Research

How would you rate your overall satisfaction with the Hubble product?

Very satisfied
50%
Satisfied
43%
Neutral
5%
Dissatisfied
1%
Very dissatisfied
0%

InsightSoftware Customer Testimonial

[Spreadsheet Server] automated manual reports and analytical projects. Processes streamlined included monthly, annual, and budgetary report preparation and distribution.

Mary Nelson, Chief Financial Officer, Port of Grays Harbor



More to Explore



About insightsoftware

insightsoftware turns financial and operational data into better business outcomes that drive growth and ROI. Through turnkey reporting and performance management solutions, insightsoftware provides real-time access to data-driven insights in an efficient, cost-effective, and secure manner via integration with 130+ ERP systems and Microsoft Excel.

insightsoftware Website   insightsoftware Website