Insight Software buys cloud reporting platform

Insightsoftware, a corporate accounting solutions provider, announced it has acquired JustPerform, a cloud-native planning, consolidation, and reporting platform in order to add its  enterprise performance management (EPM) capabilities to insightsoftware’s portfolio.

“insightsoftware remains committed to delivering powerful, user-friendly solutions that enable finance teams to do more with fewer resources. Our acquisition of JustPerform supports this strategy, as the company’s modern, scalable, cloud-native platform empowers organizations to unify EPM processes,” said Monica Boydston, general manager for enterprise performance management and controllership at insightsoftware. “JustPerform’s modern architecture and integrated platform complement and extend the power of our existing suite of financial planning, consolidation, and reporting solutions, providing organizations across the globe with a comprehensive solution that streamlines the journey from planning to disclosure.”

JustPerform is touted as a cloud-native intelligent platform and a unified solution for your enterprise to plan, consolidate, report, and analyse. It sports a visual process designer for planning, close, and reporting process definition; an in-built financial intelligence solution to provide relevant expertise in planning, close, and reporting; guided process flow and workflows to execute planning and financial close processes; a familiar Excel-like interface to reduce learning curves; a single source of truth and transparent process flows which enables updates to budgets, forecasts, and consolidated results; and fine grain authorisations give users precise and secure control. 

Users can also structure data by leveraging multi-dimensional highly scalable models; access flexible automated analytics and conversational reporting; use a purpose built Excel connector compatible with any device both online and offline; get readily available financial intelligence based on industry best practices; have security features like role-based user access, centralised access control, and SOC2 compliance; and select  private cloud or public cloud deployment options, both offering the same high levels of security and reliability.

“We built JustPerform with financial professionals in mind, aiming to resolve the pain points that legacy systems often fail to address. Our strong results in Gartner’s Voice of the Customer reports show how much our users value the experience and results our platform delivers,” said Shameek Bhushan, chief growth officer at JustPerform. “Joining insightsoftware allows us to expand this mission and reach more organizations that want to unify and modernize their EPM processes. Together, we’re creating a future of intelligent, centralized, and collaborative performance management.”

In the last six years, insightsoftware has acquired 29 companies, including recent acquisitions of JustPerform, LeaseAccelerator, FXLoader, and Fiplana.