Recent TRG blog posts

The Hospitality industry increasingly appreciates the significance of personalisation in improving customer satisfaction and loyalty. As guests today are getting bombarded with information and offers from both hotels and online travel agencies (OTAs), personalised services could well be the ultimate goal that every Hotel aims to achieve.

This is a long and challenging journey; but hoteliers can start by understanding the fundamental principles and practices, as well as associated legal and ethical implications of hospitality personalisation.

To cloud, or not to cloud, that is the question. For enterprise applications, “cloud” is no longer a buzzword but increasingly becoming a prominent trend. Businesses can achieve significant advantages over other legacy on-premise solutions, which are locally installed on companies’ servers and computers, with ERP software in the cloud.

The role of modern CFOs in today’s business is much broader than it used to be. They are expected to use technology and their “number-crunching” capability to give other functions as well as the whole business better information to make decisions and move ahead. One key area in particular where CFOs should get involved more is sales forecasting.

Companies are adopting innovative enterprise solutions to help them stay ahead of their competitors. Nevertheless, many still rely on spreadsheets to perform vital financial functions. It is not a promising way for companies to remain relevant in this new digital economy. An EPM (Enterprise Performance Management) application could be the ultimate alternative to using spreadsheets.

It is evident that cloud-based technology is the future of ERP (Enterprise Resource Planning) when almost all major vendors have decided to aggressively move to the cloud, replacing on-premise systems with subscription-based, Software-as-a-Service (SaaS) solutions. In comparison with legacy on-premise ERP solutions, cloud ERP solutions offer numerous significant advantages in terms of costs, deployment time, and scalability.

What are CFOs’ top priorities for 2016? Consulting firm Protiviti tries to answer this question in its 2016 Finance Priorities Survey. Collecting responses from 650 CFOs, vice presidents of finance, corporate controllers, and other financial management professionals, the survey ranks the priorities using five categories: process capabilities (financial transactions); process capabilities (financial analysis); emerging issues; technical capabilities. The infographic below shows these five main findings.

TRG like most companies in Viet Nam and the region, relies on the content of CVs where unfortunately research shows that 40-50% of the information is inaccurate and deliberately misleading. CVs are typically scanned and marked-up to highlight candidates which match using the criteria of certifications, qualifications, and experience, However TRG believed that there has to be a better way and in 2007 started to apply a new state-of-the-art approach to hiring and developing people using assessments from Profiles International.

Enterprise resource planning system, also known as ERP, has recently become a buzzword in Vietnam. Overall this is an inevitable trend as businesses began to expand the operation scale. However deployment of the ERP system for business always requires serious investment of time, effort and money.

It’s that time again to highlight the most popular (views and social shares) blog posts by TRG International during 2015. Thank you to our subscribers, bloggers, and guest bloggers for another wonderful year.

Starbucks, Amazon and Zara are undoubtedly global market leaders in the retail industry. Although their products differ from one another, the success they gained in 2015 teaches us some lessons. Knowing and understanding the factors behind these successes gives us the opportunity to learn and apply them, and maybe, someday it’s time for your business to shine.