Recent TRG blog posts

Digital Transformation in Finance and The Changing Role of CFOs

Posted by Rick Yvanovich on

The role of CFOs today has evolved significantly, becoming more dynamic and responsive to changing demands from internal stakeholders and external customers. The modern CFO is now involved in strategy creation and business transformation initiatives, acting as a strategic advisor to the CEO and the rest of the C-suite.

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Blog Topics: CFOs, Financial Accounting Management Software, Technology trends, Cloud Computing, Infor SunSystems, Digital Transformation

What You Need to Know About the Sarbanes-Oxley Act (SOX)

Posted by Rick Yvanovich on

The Sarbanes-Oxley Act of 2002 (or SOX) is a federal law that established stringent auditing and financial regulations for publicly traded corporations.

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Blog Topics: CFOs, Financial Accounting Management Software

Why CFOs should be looking to the Cloud

Posted by Thai Pham on

For many organisations, cloud computing really is the question of “when” not “if”. There are significant advantages of the transition to the cloud, and not just from an IT perspective. The finance functions should be able to reap rewards from this trend as well.

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Blog Topics: CFOs, Financial Accounting Management Software, Cloud Computing

Automating Financial Forecast for Hotels with Cloud Systems

Posted by Rick Yvanovich on

How can a hotel chain whose properties are located in many different countries reliably provide its financial professionals with advanced forecasting and reporting capabilities around the clock and across multiple devices? Find out how forcasting in the hospitality industry works with the case of Kempinski Hotels - the Europe’s oldest luxury hotel group.

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Blog Topics: Hospitality solutions, CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software

What is Zero-based Budgeting?

Posted by Thai Pham on

It is safe to say most businesses would resort to cost cutting initiatives in a time of tight margins and high risksHowever, a research by McKinsey shows that only 26% of those cost-reduction programs, still yield effective results after four years. CFOs, therefore, are increasingly turning to zero-based budgeting, ZBB, as a more sustainable approach to cost reduction.  

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Blog Topics: Planning and Budgeting, CFOs, Financial Accounting Management Software

Financial Planning vs Budgeting vs Forecasting: A Quick Comparison

Posted by Rick Yvanovich on

Planning, Budgeting, and Forecasting (PB&F) is one of the three management processes that constitute Enterprise Performance Management (EPM). We have presented the basic principles of EPM and its other two components in a previous post. In this article, we will dive deeper into the PB&F process and discuss the similarities and differences among financial planning, budgeting, and forecasting.

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Blog Topics: Planning and Budgeting, CFOs, Financial consolidation, planning and reporting

Will Smart Technologies Replace CFOs?

Posted by Thai Pham on

From cloud computing and robotic process automation to analytics, AI, and machine learning,  a new class of digital disruptors is transforming the role of finance. Will all the automation and technology that CFOs have at their fingertips ultimately replace the need for a traditional finance chief, or will CFOs be able to harness that technology to improve their bottom lines?

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Blog Topics: CFOs, Technology trends

5 Elements of an Integrated Business Planning Framework

Posted by Thai Pham on

Integrated Business Planning (IBP) has delivered significant benefits to practicing businesses. According to a recent study conducted by Aberdeen Research, companies with a well-structured IBP process achieved the following benefits over a two-year period post IBP implementation:

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Blog Topics: CFOs, Technology trends

Why Integrated Business Planning Should Be Your Next Focus

Posted by Thai Pham on

Integrated business planning (IBP) is a business-focused evolution of traditional sales and operations planning (S&OP) that aligns sales, business strategy, and operations with enterprise-wide financial performance.

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Blog Topics: CFOs, Technology trends

How Does the Integration between ERP and EPM Software Work?

Posted by Ho Nguyen on

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?

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Blog Topics: CFOs, Enterprise Performance Management (EPM), Enterprise Resource Planning ERP

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Rick Yvanovich

 Rick Yvanovich
 /Founder & CEO/

With TRG International Blog, it is our mission to be your preferred partner providing solutions that work and we will make sure to guide your business to greatness every day.

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