TRG Blog

Survive or Thrive: Oil Companies Adapting to the New Normal of Low Prices

Posted by Rick Yvanovich on

Depressed demand and increased supply have caused oil prices to fall from over US$100 per barrel in July 2014 to $30 in February 2016. Even though prices have increased somewhat since then, with Brent reaching a five-month high of US$55.99 per barrel on September 15, many experts remain sceptical about the outlook of oil’s US$50-plus status1. Oil and gas companies, therefore, are bracing for an extended period of low oil prices.

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Topics: Financial Accounting Management Software, Financial strategies

Why keeping a tight control of SG&A expenses may backfire

Posted by Thai Pham on

Companies that are constantly trying to cut down on selling, general and administrative expenses (SG&A) may actually hurt their long-term competitive position. This perspective is highlighted in a recent study by the consulting firm CEB.

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Topics: Financial Accounting Management Software, Financial strategies, Expense management

What ‘Transformers’ Can Teach Us about Enterprise IT Security

Posted by Ho Nguyen on

According to the Microsoft Security Intelligence Report for Second Half 2013, email was the fourth most commonly used transmission vector by malicious infection attempts on Microsoft computers during that period. This includes malware-infected emails and phishing emails.

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Topics: Data security, Financial Accounting Management Software, Cyber security

7 Worst Financial Fiascos caused by Excel errors

Posted by Rick Yvanovich on

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.  

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Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software

Automating financial forecasting for hotels with cloud-based systems

Posted by Rick Yvanovich on

How can a hotel chain whose properties are located in many different countries reliably provide its financial professionals with advanced forecasting and reporting capabilities around the clock and across multiple devices? Find out how Kempinski Hotels - the Europe’s oldest luxury hotel group – achieved such a feat.

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Topics: Hospitality solutions, CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software

Why CFOs should be looking to the Cloud

Posted by Thai Pham on

For many organisations, cloud computing really is the question of “when” not “if”. There are significant advantages of the transition to the cloud, and not just from an IT perspective. The finance functions should be able to reap rewards from this trend as well.

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Topics: Financial Accounting Management Software, Cloud Computing, Financial management solutions, Financial strategies

How a Financial Shared Services Centre benefits from analytics software

Posted by Rick Yvanovich on

The adoption of Financial Shared Services Centre has revolutionised the strategic roles of the finance function in global corporations by delivering more added value to other functions and processes via their analytics and decision-making capabilities. Such centres have evolved to not only focus on traditional tasks, such as costs reduction but also enhance organisations’ effectiveness and efficiency in many ways.

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Topics: Financial Accounting Management Software, Financial management solutions, Business Intelligence, Analytics

[Infographic] - Top 5 risks for CFOs in 2017

Posted by Rick Yvanovich on

The consulting firm Protiviti and North Carolina State University’s Poole College of Management collected responses from 735 board members & finance executives about 30 risk issues that will likely have an impact on their companies in 2017.

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Topics: CFOs, Financial Accounting Management Software, Financial management solutions, Financial strategies

An overview of Infor SunSystems 6.3

Posted by Rick Yvanovich on

Infor SunSystems 6.3 is now available. The latest release of this comprehensive financial management system is particularly significant because it not only delivers plenty of new features and enhancements but also runs on Infor Xi, the latest and most innovative enterprise technology platform from Infor.
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Topics: Financial Accounting Management Software, Infor SunSystems, Financial management solutions

SunSystems Cloud – The future finance management solution

Posted by Quoc Nguyen on

Infor SunSystems is a comprehensive financial management solution combining technological innovations and usability with a depth of functionality achieved through decades of practical application. Not only does it deliver real-time financial and operational reporting and analysis; but it also helps businesses make better decisions and react quickly to potential issues with proactive alerting capabilities.

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Topics: Financial Accounting Management Software, Infor SunSystems, Financial management solutions

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 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.

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