Recent TRG blog posts

Common Accounts Payable Problems & Its Changing Role

Posted by Rick Yvanovich on

Our previous article has emphasised the impacts of Accounts Payable (AP) on vendor relationships, and a well-managed AP can enable companies to take advantage of vendor payments.

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

Advantages and Disadvantages of Traditional Budgeting Approach

Posted by Rick Yvanovich on

Budgeting is a cornerstone of financial planning in businesses. The traditional budgeting approach, with its roots in historical accounting practices, has been a mainstay in the corporate world. However, this method has faced criticism, particularly from proponents of more dynamic budgeting methods like Beyond Budgeting.

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Blog Topics: Planning and Budgeting, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software

Financial consolidation: Dealing with intercompany transactions

Posted by Rick Yvanovich on

Tracking intercompany transactions is perceived as one of the most common problems with financial consolidation. Intercompany transactions are transactions that happen between two entities of the same company. Not adjusting intercompany transactions results in consolidated financial statements that do not offer a true and fair view of the group’s financial situation.

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Blog Topics: Financial consolidation, planning and reporting

The Use of Spreadsheets and Modern Cloud Adoption in Businesses

Posted by Rick Yvanovich on

Data plays a vital role in empowering leaders to not only stay informed about their current financial performance but also contribute to financial planning and analysis, as well as ensure businesses maintain compliance.

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Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software, Technology trends, Cloud Computing, Analytics, Digital Transformation

Overcome Reporting Challenges of On-Premises Systems for the C-Suite

Posted by Rick Yvanovich on

In today's digital age, relying on manual and traditional methods of generating reports using on-premises financial management solutions can significantly hinder the efficiency of the finance department. 

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

From On-Premises to Cloud: Strategy for a Successful Financial Management Transformation

Posted by Rick Yvanovich on

Migrating your business data from on-premises infrastructure to the cloud is a big decision that needs serious consideration and a meticulous strategy to avoid interruptions and pitfalls.

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Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software, Cloud Computing

Solving 5 Common Accounts Payable Issues with Automation

Posted by Rick Yvanovich on

Accounts payable, undoubtedly, plays a crucial role in the financial system of every company, making proper management essential for maintaining financial health. However, as businesses grow and thrive, manual AP procedures bring forth their fair share of challenges.

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Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software, Digital Transformation

Exploring Financial Management Solutions: An Overview of 6 Leading Software

Posted by Rick Yvanovich on

Effective financial management plays a critical role in the success and long-term viability of organisations, regardless of their size or industry. The availability of advanced financial management software solutions has revolutionised the way businesses handle their financial operations, offering enhanced automation, real-time insights, and improved decision-making capabilities.

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Blog Topics: Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software, Infor SunSystems

10 Key Questions for CEOs to Ensure Financial Management Implementation Success

Posted by Rick Yvanovich on

A reliable financial management system will empower your business with accurate and timely information in one place. It will help you make informed decisions, develop effective financial plans, and stay compliant with regulations.

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Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software, Infor SunSystems

8 Strategies to Sidestep Financial Software Implementation Pitfalls (Pt.2)

Posted by Rick Yvanovich on

In our previous blog post, we explored four strategies businesses should implement to avoid common mistakes in financial management software implementation. Today, we will uncover four additional strategies to help you and your business prepare effectively before embarking on your implementation journey.

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

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Rick Yvanovich

 Rick Yvanovich
 /Founder & CEO/

With TRG International Blog, 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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