TRG Blog

What is HR Analytics and Why Do You Need to Be Aware of It?

Posted by Khoa Tran on

Today, all business functions have to face the outrageous volume of data on a day-to-day basis. With the abundant amount of data comes the need to compile, dissect, and analyse them all. Thus, analytics was born. It encompasses how the data can be discovered, interpreted, and conveyed in a meaningful manner.  

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Topics: Talent Management

[Infographic] 3 Key Differences Between Training and Development

Posted by Khoa Tran on

Training and Development are two indispensable elements of every organisation’s talent management strategy. Often times, these two terms are used hand in hand, and their general purpose is to enhance the performance and productivity of all employees. Having said that, there are also several differences between them. 

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Topics: Talent Management

Agile Recruitment: Is it Better than the Traditional Approach?

Posted by Khoa Tran on

An effective recruitment approach will act as a foundation for your company to build teams of high performers. Many companies still prefer the traditional way of recruiting which, in some cases, is no longer viable in today’s VUCA environment. As a result, the organisations need an approach which can help them choose the right people faster and does not break the bank. This is where Agile recruitment comes in.  

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Topics: Talent Management

What is Candidate Relationship Management and How Does It Help?

Posted by Khoa Tran on

To ensure the success of recruitment, attracting candidates towards your brand is not enough, you also need a pipeline to build pools of highly interested candidates. Additionally, a platform is required to continue nurturing the relationship with the candidates outside of the hiring process. All of them can be tackled by Candidate Relationship Management.  

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Topics: Talent Management

Communicating the Value of Intangible Assets

Posted by Rick Yvanovich on

In addition to being difficult to manage, intangible assets have traditionally been a challenge in terms of communicating their value. Financial reporting has not evolved fast enough to adequately capture the true value of the organisation’s intangible assets and to address the needs of business decision makers.

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Topics: CFOs, Financial Accounting Management Software

What are the Functions of a Hotel's Finance Team?

Posted by Rick Yvanovich on

There are several functions in the finance team of hotels, each serving a different purpose in hotel financial management. Whilst some of these may overlap, they include: financial accounting, cost accounting, tax accounting, auditing and managerial accounting. With the advent of technology, hotel accounting software has gained a significant role in helping these finance function of hotels.

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

What does Unified Ledger Accounting Mean to Accountants?

Posted by Rick Yvanovich on

Ledgers are the backbone of any accounting system. They are the central repository for all accounting data of an organisation and are pivotal to financial reporting. An organisation’s financial statements are derived from ledgers.

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Topics: CFOs, Financial Accounting Management Software

8 Best Practices in Strategic Planning

Posted by Rick Yvanovich on

Most organisations have plans. There is, however, a huge difference between a good plan and a bad plan. A bad plan, for example, is one that consists only of costs and revenues. This plan provides no guidance for the organisation regarding how it is to achieve the revenue targets. There is no linkage between the high level goals and the day-to-day activities necessary to achieve them.

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

3 Common Employee Development Challenges and How to Overcome Them

Posted by Khoa Tran on

Employees are inarguably the most valuable assets of every organisation. They are in their own ways contribute to the success of the company and the employers must try their best to nurture, develop and retain them so they become indispensable resources later on.

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Topics: Talent Management

Employee Training & Development - Did You Do It Right?

Posted by Khoa Tran on

Whether your organisation is already well-established, internationally recognised, or you're just a small start-up, one thing for sure you cannot ignore the tremendous benefits of a properly trained and developed workforce can bring.

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Topics: Talent Management

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 Rick Yvanovich
 /Founder & CEO/

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