TRG Blog

How financial data is protected on Sunsystems Cloud

Posted by Quoc Nguyen on

Financial Data must be protected from unauthorised access to safeguard the privacy and cyber security of an individual or organisation. Therefore, this is one of the biggest concern of companies wanting to protect their financial information. For businesses who are using SunSystems Cloud, TRG has already provided the optimal solutions in order to keep financial data safe from theft or data leakage. So what are those solutions that TRG has deployed?

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

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

Intangible assets: a new financial management challenge

Posted by Rick Yvanovich on

Companies used to rely on tangible, physical assets like factories, estates, and equipment to create value. In today’s globalised business, intangible assets such as brand values, intellectual properties, data, human capital, and customer capital have become the key value drivers for businesses. Finance professionals, however, still find it difficult to manage such assets.

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Topics: Infor SunSystems, Financial management solutions, Financial strategies

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

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

3 vital functionalities to any 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.

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Topics: Financial management solutions, integration, flexibility, profitability, Data Mining

3 vital functionalities to any 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 Software Vietnam, Financial management solutions

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

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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Topics: Consolidated financial statement, Financial consolidation, planning and reporting, Intercompany transactions, Financial management solutions, Financial strategies

Financial consolidation: Dealing with minority interest

Posted by Rick Yvanovich on

In this article, the relationship between a subsidiary and a parent company will be viewed in detail to address issues relating to minority interest and how they pertain to financial consolidation.

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Topics: Consolidated financial statement, Financial Accounting Management Software, Financial management solutions

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 Rick Yvanovich
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