With travellers increasingly seeking out eco-friendly options, the hospitality industry is under pressure to adapt to a world where sustainability is not just preferred but required, but before jumping onto the green bandwagon, there are things hotel executives need to consider.
Recent TRG blog posts
Rick Yvanovich
Recent TRG Blog Posts
Sustainable Hospitality: Why Going Green Is Not That Straightforward
Posted by Rick Yvanovich on Thu, Aug 15, 2024
Blog Topics: Hospitality solutions, Digital Transformation
The TCO Dilemma: When Cloud May Actually Cost More than On-Premises
Posted by Rick Yvanovich on Tue, Aug 13, 2024
The allure of cloud computing, particularly in the SaaS model, has been undeniable. However, the notion that cloud solutions always equate to lower Total Cost of Ownership (TCO) is a simplification. A nuanced understanding of the factors influencing TCO is essential for IT leaders making critical infrastructure decisions.
Blog Topics: Cloud Computing, Digital Transformation
A Comprehensive Comparison of Financial Consolidation Tools
Posted by Rick Yvanovich on Mon, Aug 12, 2024
With the increasing complexity of business operations, manual consolidation is becoming less feasible and more error-prone. This is where technology comes in. Here, we compare various financial consolidation tools and offer guidance on choosing the right solution for your organisation.
Blog Topics: CFOs, Financial consolidation, planning and reporting, Financial Accounting Management Software
5 Questions for CIOs Following the Wake of the CrowdStrike Incident
Posted by Rick Yvanovich on Fri, Aug 9, 2024
The recent CrowdStrike global outage, dubbed the largest in IT history by the media, has sent shockwaves through the IT community, forcing CIOs to re-evaluate their current cloud strategies and how they can ensure business continuity in the as-a-service era.
Blog Topics: Technology trends, Digital Transformation
The Role of Accounts Payable Automation Across Sectors
Posted by Rick Yvanovich on Fri, Aug 9, 2024
Accounts payable (AP) automation is revolutionising finance processes for organisations across various industries, from manufacturing to healthcare, financial services, and more.
As automation increasingly digitises AP teams, the roles and skills of finance professionals are also evolving. Where they once spent time on manual tasks, staff can now take on more strategic duties.
This blog will explore in more depth how various sectors can leverage AP automation, the impact on finance roles, and strategies for successful workforce adaptation. Let’s begin our discussion on maximising process efficiencies through innovative new solutions.
Blog Topics: Financial consolidation, planning and reporting, Technology trends
Exploring the Present State of Accounts Payable Automation
Posted by Rick Yvanovich on Wed, Aug 7, 2024
Automating accounts payable processes can significantly boost efficiency. A recent report by our partner, Yooz, found that companies using automated systems can process invoices up to 27 hours faster1.
Blog Topics: Financial consolidation, planning and reporting, Technology trends
IFRS 17’s Impacts on Insurers: A Comprehensive Analysis
Posted by Rick Yvanovich on Tue, Aug 6, 2024
The implementation of IFRS 17 has ushered in a new era for the insurance industry. This comprehensive analysis explores the impacts of IFRS 17 on insurers, focusing on general industry views, product pricing and design, key performance indicators (KPIs), and revenue recognition.
Blog Topics: CFOs, Financial Accounting Management Software
CrowdStrike Incident: What Went Wrong and Lessons Learned
Posted by Rick Yvanovich on Fri, Aug 2, 2024
CrowdStrike, a leading cybersecurity company, recently experienced the biggest technical slip-up of the century. This hiccup did not just affect CrowdStrike. It unfortunately sent ripples through the whole security scene, making folks wonder about the safety of their digital fortresses.
Blog Topics: Technology trends, News
IFRS 18 Explained: A Quick Guide in Under 900 Words
Posted by Rick Yvanovich on Thu, Aug 1, 2024
A new accounting standard, IFRS 18, is changing the rules for how companies report their finances. In short, it will change how businesses communicate their financial health to investors, regulators, and other stakeholders.
Blog Topics: Financial consolidation, planning and reporting, IFRS
Top Common Accounts Payable Automation Myths Debunked
Posted by Rick Yvanovich on Mon, Jul 29, 2024
In the rapidly evolving world of finance, the integration of automation into accounts payable (AP) processes stands as a beacon of efficiency and innovation. Despite this, misconceptions and myths about automation's role and utility continue to circulate, often clouding the true picture of its capabilities and benefits.
Blog Topics: Financial Accounting Management Software, Digital Transformation