insightsoftware Research Reveals Nearly Half of Finance Teams Questioning Tariff Preparedness

Modern financial tools for forecasting and analyzing emerge as key to navigating economic uncertainty

RALEIGH, N.C., July 07, 2025 (GLOBE NEWSWIRE) -- insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today released new research showing that 43% of finance professionals are uncertain about their organization's readiness to navigate tariff impacts. The study reveals that access to modern forecasting tools and real-time data creates a decisive advantage in navigating economic uncertainty.

Learn how to build tariff-ready finance operations at insightsoftware's Global Tariff Management Resource Center and discover how AI-powered solutions help bridge the gap between traditional financial planning and modern, insight-driven decision making.

Among finance professionals confident in their organization’s readiness, 59% credit their success to having adequate forecasting and modeling tools. Organizations with streamlined data access perform significantly better—79% of respondents who can easily access data without IT blockers felt prepared for tariffs. The findings also reveal an untapped AI opportunity––32% of unprepared teams blame their lack of AI capabilities for their uncertainty.

"The research confirms what we see across the market—finance teams with the right technology foundation are thriving while those stuck with outdated tools are struggling," said Josh Schauer, Chief Financial Officer at insightsoftware. "The gap between prepared and unprepared teams is widening, and it's directly tied to the ability to quickly access, analyze, and act on financial data. This isn't just about tariffs—it's about building resilient and agile finance operations that can adapt to any economic challenge."

The study found that smaller companies demonstrate superior preparedness. Companies with 500-999 employees show 65% readiness and those with 1,000-4,999 employees report 64% preparedness, compared to only 46% of companies with 10,000+ employees. This suggests organizational agility and decision-making speed provide competitive advantages during uncertain times. Millennial finance professionals show the highest readiness rates at 68%, outpacing Gen X (47%) and Baby Boomers (51%).

The results in this report are from an online survey of 439 finance professionals in firms with 500 or more employees. The survey was fielded from May 9 to June 2, 2025, by Researchscape.

About insightsoftware

insightsoftware is a global provider of comprehensive solutions for the Office of the CFO.

We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FPCA), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

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