Here is a quick summary of articles on TRG International blog this week!
Hurdles to a fast, effective financial consolidation process
Pressures from both within and outside of organisations are preventing them from achieving an efficient financial close. |
What to look for in a global finance system (part 3)
Organisations that seek globalisation inherently face the challenge of managing their business operations in various locations. Hence, visibility into overall financial data and performance is of utmost importance. |
Traditional budgeting approach: advantages and disadvantages
Among the most fervent opponents of a traditional budgeting approach are supporters of the Beyond Budgeting movement, who have listed several drawbacks of traditional budgeting. |
The link between sustainability management and business financial management
More and more companies are coming to realise that sustainability performance management (SPM) can create and protect their businesses’ long-term value. Thus, defining the link between sustainability and business performance becomes critical in business management, especially in financial aspects. Sustainability can boost both top and bottom line performance and strengthen the balance sheet. |