In today’s highly competitive market, it is vital for hotel owners and operators to implement new and effective strategies in order to stay relevant and safeguard their bottom line.
Recent TRG blog posts
[Infographic] 5 Hospitality Trends To Pay Attention To in 2019
Posted by Thai Pham on Sun, Nov 11, 2018
Blog Topics: Hospitality solutions
How Does the Integration between ERP and EPM Software Work?
Posted by Ho Nguyen on Sat, Nov 10, 2018
Integrating your ERP system with an EPM solution provides unparalleled benefits to your business. So how does this integration work? How can you consolidate your ERP system data with Infor EPM?
Blog Topics: CFOs, Enterprise Performance Management (EPM), Enterprise Resource Planning ERP
Foreign Managers’ Underperformance: Reasons and Solutions
Posted by Khoa Tran on Fri, Nov 9, 2018
You hire a foreign manager, in your opinion, who has the right skills and experience. Your expectation is that the new manager will drive the company in the right track and double profit. However, for some reason, the manager doesn’t perform well or meet your expectations. The question here is do you attempt to work out the problem with the new manager or do you fire them?
Read more: 3 Evolving Aspects of Leadership & Management in the Digital Age
Blog Topics: Talent Management
A Primer of Next-Generation Revenue Management
Posted by Thai Pham on Thu, Nov 8, 2018
Today, most hotel operators view the need to progressively improve their revenue management capabilities as a strategic imperative worthy of garnering ever-increasing amounts of attention and resources, given the opportunity to improve financial performance in highly predictable ways.
Blog Topics: Hospitality solutions
Why Your ERP Needs a Performance Boost from EPM Software
Posted by Ho Nguyen on Wed, Nov 7, 2018
In today’s self-service business environment, enterprise resource planning (ERP) solutions are invaluable for consolidating data in a single place—but that’s only half the story. Optimised for back-office transaction processing and operational process support, ERP systems lack the agility to support complex financial processes.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Enterprise Resource Planning ERP
Most Singaporean CFOs Made Bad Hires and Here's Why
Posted by Khoa Tran on Tue, Nov 6, 2018
Robert Haft, an American HR consulting firm, has conducted a survey on 150 Singaporean CFOs to collect the results and the accuracy of their hiring decisions. Surprisingly, the majority of the surveyed CFOs (98%) admitted having made the wrong decision when hiring new employees. With 24% (one in four) of them took only two weeks to realise that they have hired the wrong person.
Blog Topics: Talent Management
How Infor EPM Benefits CFOs
Posted by Thai Pham on Sun, Nov 4, 2018
If your business is in need of full-fledged reporting and financial performance management software with built-in deep analytics, business intelligence, plus the capability to help you gain a holistic real-time view of the entire business performance, Infor EPM might be the one that you’ve been looking for.
Blog Topics: CFOs, Financial Accounting Management Software, Business Intelligence
Building a Healthy Data Culture: 7 Factors to Consider (Part 2)
Posted by Thai Pham on Sat, Nov 3, 2018
Company culture can dictate how data-ready is your organisation. To increase the success rate of analytic application, speed up the adoption and guide the company away from technological pitfalls, you need to build a strong, healthy data culture.
Blog Topics: Technology trends, Analytics
Leadership Development: What Can We Learn from Toys-R-Us Failure?
Posted by Khoa Tran on Fri, Nov 2, 2018
Through various ups and downs, Toys-R-Us declared bankruptcy and completely shut down in June of 2018. Back in its glory days, it was the place that sparked joy for many kids, and its success was envied by many retailers.
Blog Topics: Talent Management
Financial Management for Nonprofits: a World Vision's Case Study
Posted by Thai Pham on Thu, Nov 1, 2018
World Vision, based in Monrovia, California, is a global relief organisation committed to improving the well-being of people around the world, particularly children. With the aims to help poor children and their families build a sustainable future, World Vision’ responsibility is to assure that the resources they spent are used according to their mission. Acknowledging the situation, World Vision realised that they need support in managing their complex financial consolidation and reporting processes.
Blog Topics: CFOs, Financial Accounting Management Software, Infor SunSystems