<img src="https://d5nxst8fruw4z.cloudfront.net/atrk.gif?account=53pUm1a4KM+2vg" style="display:none" height="1" width="1" alt="" />
TRG Blog

Four Evolving Roles of CFOs in The New Era

Posted by Rick Yvanovich on

Chief Financial Officers, or CFOs, have been commonly known as a corporate officer who’s responsible for managing the organisation’s financial risk, financial planning and reporting to higher management board. However, in this new era, the role of CFO is no longer limited to the tasks above. As stated in a recent study by Accenture, 70% of correlation is found between high-performing financial departments and high-performing companies. This means the CFOs’ responsibility has evolved. Additional research also indicated that CFOs’ responsibilities have been changed from being a rear-view mirror perspective provider to a strategic advisor who navigates the business through hard times and shapes the company’s direction.

Read More…

Topics: CFOs, Financial Accounting Management Software, Technology trends

How companies can improve their corporate financial report

Posted by Rick Yvanovich on

In two previous posts, we have discussed some issues with annual reports and financial reviews of companies in Vietnam. What can be done to improve them? Preparing a financial report is an art that requires authenticity rather than a motive to polish a company’s image.

Read More…

Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software

3 key features of any financial management software

Posted by Rick Yvanovich on

Financial management software is becoming an increasingly important part of every organisation. It helps companies to manage and understand their business deeper from accounting to project management and strategic planning. When the financial management system malfunctions, the consequences will negatively affect the profitability and the success of the organisation.

Read More…

Topics: Financial Accounting Management Software

How to successfully adopt Accounts Payable automation

Posted by Rick Yvanovich on

Accounts payable automation, workflow, and e-invoicing have for long been a solution for common AP problems due to human errors. Despite the fact that AP automation can improve accounts payable and financial management significantly, many companies are still applying manual entry.

Read More…

Topics: Financial Accounting Management Software

Benefits of accounts payable automation in financial management

Posted by Rick Yvanovich on

Many companies, especially ones in retailing industry—where accounts payable (AP) transactions with sellers and suppliers are significantly critical to business—have been investing in e-invoicing and accounts payable automation as an proactive approach to address those AP problems caused by traditional manual entry.

Read More…

Topics: Financial Accounting Management Software

Rethinking the real value of annual financial reports in Vietnam

Posted by Rick Yvanovich on

Annual report – As sad as it may seem, the concept of preparing/using the document is still a grey area in Vietnam. According to the Ministry of Finance, to date there are 1,690 public companies in Vietnam, 704 of which are listed in 2 stock markets. However, in 2011, only 21 out of 695 listed companies sufficiently met mandatory regulations regarding information disclosure.

Read More…

Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software

Financial leadership: Financial management essentials

Posted by Rick Yvanovich on

Research shows that globalisation trend is growing. With all the technologies, internet and the vehicles they empower from e-commerce to social media, the world continues to be smaller since information now is more accessible, and business opportunities follow it become broader to catch.

Read More…

Topics: Financial Accounting Management Software

Staying competitive by optimising existing processes and technology investment

Posted by Rick Yvanovich on

In the previous posts of this “Managing your business in a volatile climate” blog series, we discussed about a renewed focus on risk management, business forecasting and new technologies that businesses can leverage to stay competitive in a volatile market. In this articles, the last post of this series, we will discuss about improvement of businesses responsiveness to volatility by capitalising on core processes and technology investment.

Read More…

Topics: Financial Accounting Management Software, Global finance system, Infor SunSystems

What to look for in a global finance system

Posted by Thuy Tien Tran on

In the increasingly volatile and regulation-filled business world, the ability to adapt is of utmost importance. But handling change and complexity is a challenge for companies, especially when they try to step out of the domestic environment and into the global zone.

Read More…

Topics: Financial Accounting Management Software, Global finance system, Infor SunSystems

Financial management solutions: 3 functionalities to consider when evaluating a financial management software

Posted by Minh Nguyen Quang on

Financial management
software
is the crucial part of every organisation. It helps them manage
and understand every aspects of their business from accounting to project
management and strategic planning. When the financial management system cannot
work in a jointed way, it is likely that the consequences will affect the
profitability and the success of the organisation.

Read More…

Topics: Financial Accounting Management Software, Financial management solutions

Subscribe to TRG Blog

Follow Us

Subscribe to TRG Blog

Our Editorial Mission

rick yvanovich resized 174

 Rick Yvanovich
 /Founder & CEO/

With TRG International Blogs, it is our mission to be your preferred partner providing solutions that work and we will make sure to guide your business to greatness every day.

Upcoming Events

Posts by Topic

see all