ERP accounts for the largest share of enterprise software spending. According to Gartner's Market Share, ERP software revenue increased globally by 11% from 2020 to 2021, reaching a total of $44.4 billion.
Recent TRG blog posts
Gartner Rankings of Cloud ERP for Product-centric Enterprises in 2022
Posted by Thao Chau on Mon, Oct 17, 2022
Blog Topics: Enterprise Resource Planning ERP
How Infor SunSystems Hospitality Empowers Hotel Businesses
Posted by Rick Yvanovich on Fri, Sep 23, 2022
There are reasons why Infor SunSystems is the chosen financial management solution of more than 2,200 hospitality companies worldwide. The system is designed to transform the way you collect, analyse, manage, and report financial information. More important, it can help your hotel business drive the bottom line and improve guest experience through timely and actionable insights.
Blog Topics: Hospitality solutions, Financial Accounting Management Software
What Is JIC (Just-in-Case)? And Why Is It Gaining Popularity?
Posted by Rick Yvanovich on Mon, Sep 12, 2022
There are two opposite ends of the inventory philosophy spectrum: Just-in-time (JIT) and Just-in-case (JIC). In this article, we will only focus on the JIC method and explain what it is and its application.
Contents
- What Is JIC (Just-in-case)?
- Advantages of JIC
- Disadvantages of JIC
- What type of companies should use JIC?
- How can businesses succeed with this model?
Read more: Impacts of COVID-19 on Manufacturing Supply Chain (Part 1)
Blog Topics: Enterprise Resource Planning ERP, Digital Transformation
The Outlook of Leading Enterprise ERP in 2022
Posted by Rick Yvanovich on Wed, Aug 24, 2022
The ERP Value Matrix is a well-known ERP ranking and evaluation report published annually by none other than the equally famous, market-leading technology research and analysis firm, Nucleus Research.
Blog Topics: Enterprise Resource Planning ERP
[Video] CIO of Ferrari talks about their ERP implementation
Posted by Rick Yvanovich on Mon, Aug 22, 2022
Ferrari is a luxury carmaker company that sought to enhance the sophistication of its IT systems to better manage its internal processes and improve efficiency. The huge re-engineering of Ferrari’s processes required the right enterprise software, and Ferrari chose Infor.
Blog Topics: Enterprise Resource Planning ERP
How Finance Professionals Can Weather the New Economic Landscape
Posted by Rick Yvanovich on Thu, Aug 18, 2022
After the 2008 Great Recession, the role of finance professionals within organisations has been in the spotlight. Companies need more finance leaders with core financial skills to manage risk, cash flow, and cost control.
Blog Topics: Financial Accounting Management Software
IFRS 17 Overview: What Is It For? Who Is Affected? Why Should You Care?
Posted by Rick Yvanovich on Tue, Aug 16, 2022
International Financial Reporting Standard IFRS 17 was issued on 18 May 2017 by the International Accounting Standards Board.
Blog Topics: Financial consolidation, planning and reporting, Business Intelligence, Analytics
How Data Analytics Makes Life Easier for C-level Executives
Posted by Rick Yvanovich on Mon, Aug 8, 2022
Most organisations understand the need to harness data and extract value from it. But many still do not fully appreciate how data analytics can revolutionise the way the C-suite performs its duty.
Blog Topics: Business Intelligence, Analytics
Blurring Your Employee’s Skill Gaps and Unlock Their Potential
Posted by Mai Hoai Thu on Thu, Aug 4, 2022
Skill gaps appear when your employees lack the skills needed to achieve a specific goal, preventing them from succeeding. In other words, the term stands for when the employees cannot fulfil the needs/requirements of their employers because they don’t have the right knowledge, skills, or abilities.
Blog Topics: Talent Management
5 Ways Cloud Solutions Power Business Agility
Posted by Thanh Nguyen on Sun, Jul 24, 2022
Understanding of cloud computing within the general business community has been an evolutionary process; however, the picture of what it is, how it works, and what it means has become crystal clear. Increasingly, cloud technology is being seen as an essential tool for turning change from a threat into an opportunity.
Blog Topics: Cloud Computing