According to IHS Markit1, inflation will remain high in 2022, hovering around 5%, before falling to 2.8% in 2023.
Recent TRG blog posts
What Are the Effects of Global Inflation on the Hospitality Industry?
Posted by Rick Yvanovich on Thu, Mar 24, 2022
Blog Topics: Hospitality solutions
4 Must-haves for Oil and Gas Accounting Software
Posted by Rick Yvanovich on Thu, Mar 24, 2022
As the risk of recession is rising across the globe, oil and gas businesses are facing a pressing need to streamline their operations. And their financial management systems lie at the core of this effort. TRG has identified four criteria of advanced accounting systems for upstream oil companies.
Blog Topics: Financial Accounting Management Software
How to Know If Your Job Will Be Stolen by Robots
Posted by Yen Phuong Nguyen on Wed, Mar 16, 2022
A key tenet of the Fourth Industrial Revolution (Industry 4.0) is the rise of automation, robotics, and A.I. There will be fewer jobs for humans. Who will most likely be affected? Which skill sets will employees need to develop between now and 2030 in order to stay relevant in this new world? A recent report from the McKinsey Global Institute has attempted to answer these questions.
Blog Topics: Talent Management, Technology trends
Data Protection: A Security Key for Every Business
Posted by Rick Yvanovich on Mon, Mar 14, 2022
Data protection aims to ensure both personal information and business information are safe and secure. It is an aspect that requires a lot of resources and dedicated attention as the data volume and the need to store all of the amounts generated increase multi-folds day by day.
Blog Topics: Technology trends, cybersecurity
What is Cybersecurity? Everything You Need to Know
Posted by Rick Yvanovich on Tue, Mar 8, 2022
Cyber attacks typically involve illegally accessing, altering, or deleting sensitive information to extort money from users or disrupt corporate activities. Nowadays, these attacks are increasing many folds and are becoming cleverer, making them even more challenging to detect.
Blog Topics: Technology trends, Cloud Computing, Digital Transformation, cybersecurity
Inforum 2022 - We Speak Your Language
Posted by Rick Yvanovich on Mon, Mar 7, 2022
Inforum is an annual customer event organised by Infor, one of the leading providers of industry-specific enterprise software, serving a multitude of organisations in manufacturing, distribution, healthcare, automotive, aerospace and defence, public sector and more.
Blog Topics: Technology trends, Cloud Computing, Digital Transformation
Spear-phishing vs Phishing - What Are They & How to Avoid Them?
Posted by Thao Chau on Fri, Mar 4, 2022
Internet scams are an ever-present threat that no one is immune to. Scammers never miss a chance to attack both individuals and businesses, so you are always in danger of losing money, assets, and private information. Phishing scams started in the 90s and became a prominent issue at the beginning of the 2000s. While they are not new, these scams have become increasingly sophisticated and pose a serious threat to many businesses.
Blog Topics: Digital Transformation, cybersecurity
Financial Forecasting Software: What Is It and Why Does It Matter?
Posted by Rick Yvanovich on Tue, Mar 1, 2022
Predicting your business’ financial future may not be at the top of your to-do list if you're so caught up in day-to-day operations. Fortunately, modern enterprise software has matured enough to make financial forecasting much faster and more accurate. So, what is financial forecasting software?
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
Here's How You Can Measure Emotional Intelligence With Science
Posted by Mai Hoai Thu on Mon, Feb 28, 2022
For years, emotional intelligence has been the subject of countless studies, best-selling books, talk shows, and press articles. Unsurprisingly, it has also attracted a fair amount of criticism and controversy.
Blog Topics: Talent Management
Data Management vs Information Management - What You Need to Know
Posted by Rick Yvanovich on Tue, Feb 22, 2022
In today’s digital economy, companies have access to more data than ever before. This information serves as a foundation for making key business decisions. Companies must invest in data management systems that increase visibility, reliability, and security to ensure that employees have the necessary data for decision-making.
Blog Topics: Business Intelligence, Analytics