Hotels and resorts are laying the groundwork for how they will do business in a new decade and beyond, in an effort to stay competitive, profitable, and ready to meet new challenges. Industry leaders are examining the workflows and mechanics of technology-driven processes, like data infrastructure, reservations, event planning, inventory control, competitive price setting, and revenue forecasting—and seeking out ways to tie them all together to better serve operations, revenue management, and brand strategy.
Recent TRG blog posts
8 Ways Technology Can Help Hotels Succeed In the Next Decade (Pt.2)
Posted by Andrew Turton on Fri, Mar 29, 2024
Blog Topics: Hospitality solutions, Cloud Computing, Business Intelligence, Analytics
5 Technology Inventions that Changed the Hospitality Industry
Posted by Andrew Turton on Fri, Mar 8, 2024
The rapid development of technology continues to reshape the hospitality industry, with innovations like cloud-based software and mobile apps driving a new era of hyperautomation and hyperpersonalisation.
Blog Topics: Hospitality solutions, Cloud Computing, Digital Transformation
Infor Earns Prestigious Recognitions on Constellation ShortList 2024
Posted by Rick Yvanovich on Tue, Feb 27, 2024
Infor has just been listed on the prestigious Constellation Research ShortList, securing not one, not two, but three coveted spots, which are for Services-Centric Cloud ERP, Configure-Price-Quote (CPQ), and Enterprise Application Platforms (EAP).
Blog Topics: Cloud Computing, ERP, Digital Transformation
Best Practices for Implementing Cloud Financial Management in Hotels
Posted by Rick Yvanovich on Thu, Feb 8, 2024
Implementing new software can be a daunting task, especially when it comes to financial management in hotel businesses. However, with the right precautions and strategies in place, the process does not have to be overwhelming.
Blog Topics: Hospitality solutions, Financial Accounting Management Software, Cloud Computing
The Use of Spreadsheets and Modern Cloud Adoption in Businesses
Posted by Rick Yvanovich on Mon, Jan 22, 2024
Data plays a vital role in empowering leaders to not only stay informed about their current financial performance but also contribute to financial planning and analysis, as well as ensure businesses maintain compliance.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software, Technology trends, Cloud Computing, Analytics, Digital Transformation
Cloud Operating Platform – What Is It and Does Your Company Need One?
Posted by Rick Yvanovich on Thu, Jan 4, 2024
Cloud computing has revolutionised the way businesses operate, and at the heart of this transformation is the cloud operating platform. Often referred to as a virtual operating system, a cloud operating platform provides a sophisticated approach to navigating the complexities of cloud-based computing.
Blog Topics: Technology trends, Cloud Computing, Digital Transformation
How Infor Partners with AWS to Drive Innovations
Posted by Rick Yvanovich on Tue, Jan 2, 2024
What motivates Infor to partner with Amazon Web Services (AWS)? How do both parties benefit from this collaboration, and what groundbreaking innovations are they able to achieve? Discover the efforts invested in strengthening the enduring relationship between these two influential technology giants in this article.
Blog Topics: Cloud Computing, Infor SunSystems, Digital Transformation
Digital Transformation in Finance and The Changing Role of CFOs
Posted by Rick Yvanovich on Mon, Nov 13, 2023
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.
Blog Topics: CFOs, Financial Accounting Management Software, Technology trends, Cloud Computing, Infor SunSystems, Digital Transformation
Reaching Success with SaaS Accounting Software for Hospitality
Posted by Rick Yvanovich on Thu, Oct 12, 2023
As hotels grow, the volume and complexity of financial data increase significantly. Typical spreadsheets or basic accounting systems cannot handle the scale and complexity of a growing hotel, leading to inefficiencies, errors, and reporting challenges.
Blog Topics: Hospitality solutions, Financial Accounting Management Software, Cloud Computing, Digital Transformation
Can Your Bank Reconciliation Process Be More Efficient?
Posted by Rick Yvanovich on Thu, Oct 5, 2023
Bank reconciliation is a vital aspect of financial management for any business, and it involves comparing the balances and recorded transactions of a company's external bank statements to the cash balances and transactions recorded in their general ledger.
Blog Topics: Financial Accounting Management Software, Cloud Computing