---
title: TRG Blog | CFOs (2)
description: CFOs | TRG Blog - be updated with the latest trends, advice and ideas in accounting, hospitality, financial management and technology enterprises. (2)
---

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# Recent TRG blog posts

## [Automating Financial Forecast for Hotels with Cloud Systems](https://blog.trginternational.com/improving-financial-forecasting-for-hotels-with-cloud-based-systems)

 Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Tue, Apr 12, 2022

- [Tweet](https://twitter.com/share)

[![Automating Financial Forecast for Hotels with Cloud Systems](https://blog.trginternational.com/hubfs/images/Kempinski-Hotels-En.jpg) ](https://blog.trginternational.com/improving-financial-forecasting-for-hotels-with-cloud-based-systems)

How can a [hotel chain](https://trginternational.com/solutions/hospitality/) 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](https://blog.trginternational.com/hospitality-resource-portal) industry works with the case of Kempinski Hotels - the Europe’s oldest luxury hotel group.

[Read More…](https://blog.trginternational.com/improving-financial-forecasting-for-hotels-with-cloud-based-systems)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/improving-financial-forecasting-for-hotels-with-cloud-based-systems#comments-listing)

Blog Topics: [Hospitality solutions](https://blog.trginternational.com/topic/hospitality-solutions), [CFOs](https://blog.trginternational.com/topic/cfos), [Enterprise Performance Management (EPM)](https://blog.trginternational.com/topic/enterprise-performance-management-epm), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software)

## [What is Zero-based Budgeting?](https://blog.trginternational.com/zero-based-budgeting-and-how-it-helps-organizations-to-fuel-growth)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Fri, Jul 26, 2019

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[![What is Zero-based Budgeting?](https://blog.trginternational.com/hubfs/Finance.jpg) ](https://blog.trginternational.com/zero-based-budgeting-and-how-it-helps-organizations-to-fuel-growth)

It is safe to say most businesses would resort to cost cutting initiatives in a time of tight margins and high risks. However, [a research](https://www.mckinsey.com/business-functions/operations/our-insights/how-absolute-zero-based-budgeting-can-heat-up-growth)[ by McKinsey](https://www.mckinsey.com/business-functions/operations/our-insights/how-absolute-zero-based-budgeting-can-heat-up-growth) 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.  

[Read More…](https://blog.trginternational.com/zero-based-budgeting-and-how-it-helps-organizations-to-fuel-growth)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/zero-based-budgeting-and-how-it-helps-organizations-to-fuel-growth#comments-listing)

Blog Topics: [Planning and Budgeting](https://blog.trginternational.com/topic/planning-and-budgeting), [CFOs](https://blog.trginternational.com/topic/cfos), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software)

## [Will Smart Technologies Replace CFOs?](https://blog.trginternational.com/will-smart-technologies-replace-cfos)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Wed, Nov 21, 2018

- [Tweet](https://twitter.com/share)

[![Will Smart Technologies Replace CFOs?](https://blog.trginternational.com/hubfs/CFOs%20%26%20Tech.png) ](https://blog.trginternational.com/will-smart-technologies-replace-cfos)

From [cloud computing](https://blog.trginternational.com/7-common-uses-of-cloud-computing) and [robotic process automation](https://blog.trginternational.com/rise-of-robots-will-you-be-replaced) to [analytics, AI, and machine learning](https://blog.trginternational.com/providing-personalised-experience-for-hotel-guests-by-leveraging-ai),  a new class of digital disruptors is [transforming the role of finance](https://blog.trginternational.com/the-changing-role-of-cfos-in-digital-transformation). 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?

[Read More…](https://blog.trginternational.com/will-smart-technologies-replace-cfos)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/will-smart-technologies-replace-cfos#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Technology trends](https://blog.trginternational.com/topic/technology-trends)

## [5 Elements of an Integrated Business Planning Framework](https://blog.trginternational.com/5-elements-of-an-integrated-business-planning-framework)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Sun, Nov 18, 2018

- [Tweet](https://twitter.com/share)

[![5 Elements of an Integrated Business Planning Framework](https://blog.trginternational.com/hubfs/IBP%20elements.png) ](https://blog.trginternational.com/5-elements-of-an-integrated-business-planning-framework)

[Integrated Business Planning (IBP) has delivered significant benefits](https://blog.trginternational.com/why-integrated-business-planning-should-be-your-next-focus) 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:

[Read More…](https://blog.trginternational.com/5-elements-of-an-integrated-business-planning-framework)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/5-elements-of-an-integrated-business-planning-framework#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Technology trends](https://blog.trginternational.com/topic/technology-trends)

## [Why Integrated Business Planning Should Be Your Next Focus](https://blog.trginternational.com/why-integrated-business-planning-should-be-your-next-focus)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Sun, Nov 18, 2018

- [Tweet](https://twitter.com/share)

[![Why Integrated Business Planning Should Be Your Next Focus](https://blog.trginternational.com/hubfs/IBP.png) ](https://blog.trginternational.com/why-integrated-business-planning-should-be-your-next-focus)

**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.

[Read More…](https://blog.trginternational.com/why-integrated-business-planning-should-be-your-next-focus)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/why-integrated-business-planning-should-be-your-next-focus#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Technology trends](https://blog.trginternational.com/topic/technology-trends)

## [How Does the Integration between ERP and EPM Software Work?](https://blog.trginternational.com/how-does-the-integration-between-erp-and-epm-software-work)

 Posted by [Ho Nguyen](https://blog.trginternational.com/author/ho-nguyen) on Sat, Nov 10, 2018

- [Tweet](https://twitter.com/share)

[![How Does the Integration between ERP and EPM Software Work?](https://blog.trginternational.com/hubfs/ERP%20integrating.png) ](https://blog.trginternational.com/how-does-the-integration-between-erp-and-epm-software-work)

Integrating your ERP system with an EPM solution [provides unparalleled benefits](https://blog.trginternational.com/why-your-erp-needs-a-boost-from-epm-software) to your business. So how does this integration work? How can you consolidate your ERP system data with** Infor EPM**?

[Read More…](https://blog.trginternational.com/how-does-the-integration-between-erp-and-epm-software-work)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/how-does-the-integration-between-erp-and-epm-software-work#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Enterprise Performance Management (EPM)](https://blog.trginternational.com/topic/enterprise-performance-management-epm), [Enterprise Resource Planning ERP](https://blog.trginternational.com/topic/enterprise-resource-planning-erp)

## [Why Your ERP Needs a Performance Boost from EPM Software](https://blog.trginternational.com/why-your-erp-needs-a-boost-from-epm-software)

 Posted by [Ho Nguyen](https://blog.trginternational.com/author/ho-nguyen) on Wed, Nov 7, 2018

- [Tweet](https://twitter.com/share)

[![Why Your ERP Needs a Performance Boost from EPM Software](https://blog.trginternational.com/hubfs/EPM-1.png) ](https://blog.trginternational.com/why-your-erp-needs-a-boost-from-epm-software)

In today’s self-service business environment, [enterprise resource planning (ERP)](https://blog.trginternational.com/what-is-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.

[Read More…](https://blog.trginternational.com/why-your-erp-needs-a-boost-from-epm-software)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/why-your-erp-needs-a-boost-from-epm-software#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Enterprise Performance Management (EPM)](https://blog.trginternational.com/topic/enterprise-performance-management-epm), [Enterprise Resource Planning ERP](https://blog.trginternational.com/topic/enterprise-resource-planning-erp)

## [How Infor EPM Benefits CFOs](https://blog.trginternational.com/infor-depm-in-discrete-manufacturing)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Sun, Nov 4, 2018

- [Tweet](https://twitter.com/share)

[![How Infor EPM Benefits CFOs](https://blog.trginternational.com/hubfs/Infor%20d_EPM.png) ](https://blog.trginternational.com/infor-depm-in-discrete-manufacturing)

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](https://blog.trginternational.com/everything-about-infor-depm) might be the one that you’ve been looking for. 

[Read More…](https://blog.trginternational.com/infor-depm-in-discrete-manufacturing)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/infor-depm-in-discrete-manufacturing#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Business Intelligence](https://blog.trginternational.com/topic/business-intelligence)

## [Financial Management for Nonprofits: a World Vision's Case Study](https://blog.trginternational.com/going-beyond-infor-sunsystems-consolidate-two-systems-for-breakthrough-results)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Thu, Nov 1, 2018

- [Tweet](https://twitter.com/share)

[![Financial Management for Nonprofits: a World Vision's Case Study](https://blog.trginternational.com/hubfs/financial%20management%281%29.png) ](https://blog.trginternational.com/going-beyond-infor-sunsystems-consolidate-two-systems-for-breakthrough-results)

**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.

[Read More…](https://blog.trginternational.com/going-beyond-infor-sunsystems-consolidate-two-systems-for-breakthrough-results)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/going-beyond-infor-sunsystems-consolidate-two-systems-for-breakthrough-results#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software), [Infor SunSystems](https://blog.trginternational.com/topic/infor-sunsystems)

## [Automating Reporting in the Financial Services Sector: a Case Study](https://blog.trginternational.com/increasing-reporting-efficiency-and-speed-with-infor-sunsystems)

 Posted by [Thai Pham](https://blog.trginternational.com/author/thai-pham) on Thu, Sep 20, 2018

- [Tweet](https://twitter.com/share)

[![Automating Reporting in the Financial Services Sector: a Case Study](https://blog.trginternational.com/hubfs/images/finance-cash-notepad-report.jpg) ](https://blog.trginternational.com/increasing-reporting-efficiency-and-speed-with-infor-sunsystems)

In order to improve the efficiency of its [accounting and reporting systems](https://blog.trginternational.com/topic/financial-accounting-management-software), Astra Life upgraded its enterprise **financial management solution**. The results include a 6-day reduction in the month-end closing process, a **75% reduction** in reporting time, and a **72% reduction** in accounts payable transaction time. How did they achieve such impressive figures?

[Read More…](https://blog.trginternational.com/increasing-reporting-efficiency-and-speed-with-infor-sunsystems)

 0 Comments [Click here to read/write comments](https://blog.trginternational.com/increasing-reporting-efficiency-and-speed-with-infor-sunsystems#comments-listing)

Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software)

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