Sitting alone within the workplace with 54 spreadsheets open? Manually collating the funds shared by different capabilities right into a grasp sheet? Boggled by scores of stories it is advisable create on Excel? You aren’t alone. A research by the Affiliation of Finance Professionals (AFP) discovered 96% and 93% of practitioners utilizing spreadsheets for planning and reporting functions, respectively.
A New Problem
Spreadsheets stay a staple in planning, shut, and disclosure processes—however they’re now not the one instrument in play. In line with the 2025 AFP FP&A Benchmarking Survey Report: Expertise & Knowledge, 71% of finance professionals additionally depend on bought, purpose-built EPM options. The important thing perception? Finance leaders should strike the proper steadiness between conventional spreadsheets and fashionable EPM instruments. The problem isn’t whether or not to evolve—it’s selecting the best answer to enhance what already works.
Remodel Your Monetary Shut & Consolidation Course of with Subsequent-Technology EPM
A Technological Mess
In the present day’s finance groups have extra EPM options at their fingertips than ever earlier than. However with abundance comes complexity. In line with the AFP, over half of FP&A professionals use greater than eight instruments for planning and over ten for reporting—resulting in a tangled net of methods and scattered information. The end result? A technological overload that hinders effectivity and readability.
Challenges Posed by the Present Expertise Panorama
Clear communication is important—not simply amongst groups and leaders, however between the monetary methods they depend on. When finance groups juggle a number of instruments for planning, reporting, information storage, and spreadsheets, they typically face a scarcity of integration. These disconnected methods result in siloed information, fragmented processes, and finally, poor decision-making.
The results are vital: restricted visibility into real-time information, inaccurate forecasts, restricted reporting capabilities, and unreliable dashboards. Handbook information dealing with turns into the norm, growing the chance of errors, information governance points, lack of audit trails, and potential non-compliance. The query now could be: how can finance groups minimize by means of the noise and overcome the chaos of disjointed EPM methods?
Unified Complete Cloud-Native Options
Finance groups right now are beneath fixed strain to ship correct forecasts, sooner shut cycles, and insightful reporting. However with information scattered throughout spreadsheets, legacy instruments, and siloed methods, the method turns into fragmented and inefficient. Disconnected platforms decelerate workflows, enhance the chance of errors, and restrict visibility into real-time efficiency. The end result? Inaccurate forecasts, inconsistent reporting, and delayed decision-making—all of which hinder agility and confidence in monetary technique.
To beat these challenges, finance wants an answer that seamlessly bridges the hole between methods and information. Cloud-native EPM platforms combine with a number of information sources to eradicate silos and allow easy, real-time information move throughout planning, shut, and disclosure processes. With a single, unified platform, finance groups can collaborate in actual time, streamline shut and reporting cycles, and make data-driven choices sooner. Intuitive interfaces scale back coaching time and reliance on IT, whereas pre-built content material accelerates time to worth—serving to finance keep centered on technique, not methods.
Future-Proof Finance – How EPM Powers Agility and Efficiency
Your One Cease for Every little thing EPM
The Cloud Platform from insightsoftware is your all-in-one answer for planning, shut, reporting, analytics, and efficiency administration—designed to assist finance groups function with better agility, predictability, and confidence. By consolidating fragmented instruments right into a single, related platform, it eliminates information silos and delivers a seamless person expertise with centralized oversight throughout your whole EPM ecosystem.
- Speed up time to worth with 200+ pre-built connectors and packaged use instances.
- Get rid of silos and scale back IT reliance by means of a unified platform with an intuitive, self-service interface.
- Enhance productiveness and agility with automated workflows and real-time collaboration instruments.
With over 200 pre-built connectors, the platform integrates quickly together with your current ERPs, BI instruments, and databases—streamlining implementation and lowering IT burden. Pre-built content material and industry-specific use instances speed up time to worth, empowering your staff to shift focus from guide duties to strategic impression. The intuitive interface allows self-service evaluation, whereas automated workflows improve productiveness, mitigate ability gaps, and permit your group to reply sooner to altering enterprise calls for.
With a variety of merchandise in its EPM suite, insightsoftware can handle any fashionable EPM problem confronted by finance groups. Be essentially the most agile, sensible, and revolutionary finance staff with insightsoftware. Take a look at our free demo right now.
