insightsoftware Reveals Finance Teams Struggle with Data Management Amid Economic Pressures

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insightsoftware, a leader in financial solutions for the Office of the CFO, has released a report titled ‘Finance Under Pressure: How Leading Teams Are Navigating Uncertainty,’ highlighting significant challenges faced by finance teams. The report, based on a survey conducted with 365 finance decision-makers across major economies, reveals that 93% of finance teams are grappling with poor data management. This issue is exacerbated by ongoing economic uncertainties, including supply chain disruptions and global tariffs, which are prompting organizations to adopt more strategic and agile operations.

Josh Schauer, CFO at insightsoftware, emphasizes the need for a unified approach to data management, as finance teams increasingly handle responsibilities in financial planning, reporting, compliance, and operational decision-making. The report indicates that the average finance team uses over four separate tools for data management, leading to inefficiencies and data quality issues. As businesses look towards 2026, the integration of technology solutions will be crucial for improving operational efficiency. insightsoftware’s findings underscore the importance of optimizing tech stacks to enhance strategic analysis and planning, positioning finance teams to better navigate future challenges.