As the world is heading towards an uncertain future, businesses can expect some unexpected events along the way. Therefore, agility needs to be embedded in every business process, including corporate financial planning.
Recent TRG blog posts
Revamping Corporate Financial Planning: 8 Points to Remember
Posted by Thai Pham on Sun, Aug 12, 2018
Blog Topics: CFOs, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software
The True Value of Corporate Budgeting
Posted by Rick Yvanovich on Sat, Jun 23, 2018
Budgeting is one of the most fundamental business processes. However, there have been controversial views regarding to the true value of budgeting, or what it actually brings to companies in terms of ROI. Some people say that the process can be skipped, some say it plays a considerable role, while others remain sceptical about an objective way to measure the ROI of budgeting.
Blog Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software
A General Look at Infor EPM for Hospitality
Posted by Thai Pham on Tue, Jun 5, 2018
Infor is a leading provider of business application software with more than 73,000 customers, recognised for providing specific functionality to the hospitality industry, speeding up deployment through built-in reports, graphs and key performance indicators (KPIs). At HITEC 2015, this business application giant announced the great effort and plans for its hospitality division.
In particular, Infor EPM for Hospitality is designed with advanced functionality to help implement and facilitate analysis. Another great feature is Office Plus which integrates directly with Microsoft Excel.
Blog Topics: Hospitality solutions, CFOs, Enterprise Performance Management (EPM), Business Intelligence
OLAP Technology: Handling Big Data in the Hotel Industry
Posted by Nhat Nguyen on Fri, Mar 9, 2018
The hospitality sector serves millions of customers every day. Each of them checks in and out with his or her own expectation. Some only need to have a room to stay during a business trip but some other customers also demand other services and spend thousands of dollars on restaurants, dining, entertainment, sports, and spa treatments.
Blog Topics: Hospitality solutions, Enterprise Performance Management (EPM), Business Intelligence, Analytics
Infor - the Enterprise Software Giant from New York City
Posted by Ho Nguyen on Wed, Jan 17, 2018
Though lesser known among other software giants like SAP, Oracle and Microsoft, Infor has gained tremendous popularity by offering deep industry-specific applications and suites, cloud deployment and extremely user-friendly interfaces.
Blog Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software, Cloud Computing, Analytics, Enterprise Resource Planning ERP
The Role of Technology in Strategic Performance Management
Posted by Rick Yvanovich on Fri, Jan 5, 2018
Not long ago, we discussed about the gap between strategy and execution as well as ways to bridge the gap with the Balanced Scorecard. Technology plays an important role in facilitating strategic performance management.
Blog Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software, Technology trends
7 Worst Financial Fiascos caused by Excel errors (Part 2)
Posted by Rick Yvanovich on Sun, Dec 10, 2017
In the previous post, we examined the first three biggest Excel spreadsheet failures. In this post, we will go through the remaining four examples of why spreadsheets can become a finance professional’s worst nightmare.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
How has Dana-Farber shortened their budget cycle by 40 per cent?
Posted by Rick Yvanovich on Fri, Oct 27, 2017
Dana-Farber Cancer Institute has been able to slash the time required to complete their budget process by 40 per cent. And this is just one of the many benefits of an Enterprise Performance Management system.
Blog Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software
7 Worst Financial Fiascos caused by Excel errors
Posted by Rick Yvanovich on Fri, Jun 16, 2017
Spreadsheet software like Microsoft Excel has long been indispensable to organisations thanks to its ubiquity, versatility, and ease of use. Such attributes, however, also make spreadsheets particularly susceptible to human errors, as demonstrated by the following cases.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
How Data Analytics Can Transform the Real Estate Industry
Posted by Rick Yvanovich on Fri, Mar 11, 2016
The real estate industry, for the most part, has not been well known for being technology intensive. This nature may soon disappear, however. Data analytics is transforming how real estate companies, customers, and financial institutions do business in this industry.
Blog Topics: Enterprise Performance Management (EPM), Business Intelligence