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TRG Blog

How SunSystems is localised for the Vietnam market

Posted by Rick Yvanovich on

No sooner had the US software publishers started venturing out into the international markets in the early 1980s than the need for software localisation arose. Microsoft, for example, opened its office in Japan in 1978 and expanded their business into Europe in 1979. Unsurprisingly, the significance of localisation at that time was not fully appreciated. When Microsoft introduced Multiplan (predecessor of Excel) to the Japanese market, they asked their distributor to localise the software into Japanese. According to a Microsoft executive, all they did was to “…turn over the source code library to the folks in Japan, wish them luck and go on vacation.”1 As it turns out, localisation has become indispensable for any software publisher’s commercial success. Sometimes, however, it is the initiative of the distributor that makes localisation possible, as in the case of Infor SunSystems in the Vietnam market.

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

A Vision For The Future

Posted by Glenn Murphy on

By using the most current technology and keeping their skills up to date, management accountants can enhance their careers and their organizations.

In the July 2015 column, the IMA® Technology Solutions & Practices (TS&P) Committee discussed its list of “Key Technology Trends for Management Accountants.” While understanding and tracking the trends is critical, it’s even more important to prepare yourself and your team to identify, analyse, recommend, and implement the technologies that will bring your organization (and your career) to the next level. In a short video on the Competency Crisis website (www.CompetencyCrisis.org), IMA President and CEO Jeff Thompson rallies our profession to meet the challenges of rapid technological and regulatory change and to lead our organizations to this next level as management accountants have always done.

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Topics: Data security, Financial Accounting Management Software, Cloud Computing, Infor SunSystems, Financial management solutions

Top 10 Reasons Companies Should Automate Expense Management (part 2)

Posted by Binh Pham on

In Part 1 of this article, you heard the first 5 reasons why you should automate (and update / upgrade) your expense management system, here are the remaining 5.

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Topics: Financial Accounting Management Software, Expense management

Top 10 Reasons Why Companies Should Automate Expense Management (part 1)

Posted by Binh Pham on

Still claiming expenses via paper, spreadsheet, out-dated legacy or in-house system? Isn’t it time to look back on such traditional ways with nostalgia because here are 10 reasons why expense management should be automated right away, you don’t need to even be that big a corporation as the benefits are hard to ignore. 

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Topics: Financial Accounting Management Software, Expense management

Expense Management Or Effective Cutting?

Posted by Thai Pham on

Expense management plays an essential role in building a business strategy. There are many methods to manage expense of which effective cost cutting appears to be very simple and popular.

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

6 ways to use technology to help shape up financial strategies (part 2)

Posted by Binh Nguyen on

McKinsey in a recent research reports that while 75 million people cannot have a job, yet many businesses have vacancies that cannot be filled, and that there is a gap between the current workforce’s skills and what employers want from employees. Especially in the finance and accounting world, where people need accuracy, concentration and speed, it is even harder for organisation to recruit and retain talents.

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Topics: Performance management., Financial Accounting Management Software, Financial strategies

6 ways to use technology to help shape up financial strategies (part 1)

Posted by Uyen Vu on

Having a comprehensive system will enable top managers to manage human resources especially in financial and accounting aspects more effectively in the most effective way to compete globally. Today, we’ll discuss further on 3 among 6 basic ways to use technology to shape up financial strategies and increase financial performance.

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Topics: Performance management., Financial Accounting Management Software, Financial strategies

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.

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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.

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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.

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Topics: Financial Accounting Management Software

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 Rick Yvanovich
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