Financial Reporting Resource Center
As a finance and accounting professional, you are likely under tremendous pressure to adapt quickly to a rapidly evolving situation. While there is a lot of uncertainty, use these resources to help steer a course through these times.
How We're Helping
At insightsoftware, our focus during the COVID-19 crisis is to protect the health of our employees and continue to meet the needs of our customers. To those ends, all of our global teams are working remotely in accordance with guidelines from international, national, state, and local authorities. Despite being away from the office, however, we continue to conduct business as usual on behalf of current and future customers. We’re proud that our software empowers teams to work through these challenges.
Working Capital Management During Times of Economic Turbulence
Businesses rarely fail because they are unprofitable. More often than not, failure is due to poor cash flow or inadequate working capital. The risk is real for every business from entrepreneur to established. And it’s magnified during recessions or a sudden economic shock, but reducing this risk is possible.
Download this free whitepaper to learn more about the four main levers you can use to manage working capital, and how and when is the right time to use each of them:
- Tightening cash flow management discipline
- Reducing working capital requirements
- Bolstering cash position
- Exploiting short-term revenue opportunities
Resources to Help
Increased agility
In times of uncertainty, clear and consistent communication matters more than ever—between teams, departments, and executives—while also flowing outward to investors and customers. Make sure that all the information involved is complete, accurate, and instructive. Use these resources to help:
Enhanced visibility
New questions will continue to arise each week, demanding answers that finance teams must supply. Get a handle on costs, monitor shifting forecasts, and provide quick answers. Get started with some of our free downloadable templates or browse our repository of over 300 sample reports & dashboards.
Remote productivity
With experts recommending “social distancing” and shut-down orders in effect across the country, most offices have started working remotely—whether they’re experienced with it or not. Use these resources to keep everyone coordinated and productive:
CARES Act: Tax Checklist
The passage of the Coronavirus Aid, Relief and Economic Security Act (CARES) could have a material financial impact to your business, especially in the area of direct tax. Can your organization take advantage of changes in the treatment of NOL’s and the ability to employ carrybacks to pre TCJA statutory rates?
Download our CARES Act checklist below which outlines questions CFO’s should consider when analyzing the relevant tax changes.
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The world is undergoing rapid change. Now more than ever, Finance teams need to stay agile and adapt to rapidly changing business conditions. At the same time, they need to remain robust and fully in control of their figures. How do you use your financial planning and reporting tools to maximize performance during uncertain times?
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