TRG Blog

Fixed Forecasting vs. Rolling Forecasting: Which One Is Right for You?

Posted by Rick Yvanovich on

In a global survey conducted by KPMG1 in 2016, over two-thirds of respondents, who are all senior executives, said they have some forms of rolling forecast in place. In order to thrive in this VUCA world, accurate forecasting seems more imperative than ever. Rolling forecasting, as a means to achieve that, is now a universal practice thanks to its proven capabilities. 

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Topics: Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Enterprise Resource Planning ERP

A Primer of Budgeting

Posted by Rick Yvanovich on

Budgeting plays a vital part in any organisation regardless of size. For some, the process of building a budget is downright tedious, time-consuming, and challenging. What's more, businesses have to worry about not only short-term budgets but also long-term ones. 

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Topics: Planning and Budgeting, Enterprise Performance Management (EPM), Financial Accounting Management Software

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 d/EPM?

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

Why Your ERP Needs a Performance Boost from EPM Software

Posted by Ho Nguyen on

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.

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

8 Best Practices in Strategic Planning

Posted by Rick Yvanovich on

Most organisations have plans. There is, however, a huge difference between a good plan and a bad plan. A bad plan, for example, is one that consists only of costs and revenues. This plan provides no guidance for the organisation regarding how it is to achieve the revenue targets. There is no linkage between the high level goals and the day-to-day activities necessary to achieve them.

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Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software

How to Turn Budgeting into a Value-Adding Process

Posted by Rick Yvanovich on

In today’s complex and rapidly changing business climate, there is an increased demand for top management to better observe, measure, and manage their business. Planning and budgeting plays an important role in enterprise performance management. However, in many organisations, planning and budgeting is not seen as adding value since:

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Topics: Planning and Budgeting, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software

Revamping Corporate Financial Planning: 8 Points to Remember

Posted by Thai Pham on

As the world is heading towards an uncertain future, businesses can expect some unexpected events along the way. Therefore, agility needs to be embedded in every business process, including corporate financial planning.

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Topics: CFOs, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software

The True Value of Corporate Budgeting

Posted by Rick Yvanovich on

Budgeting is one of the most fundamental business processes. However, there have been controversial views regarding to the true value of budgeting, or what it actually brings to companies in terms of ROI. Some people say that the process can be skipped, some say it plays a considerable role, while others remain sceptical about an objective way to measure the ROI of budgeting.

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Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software

A General Look at Infor d/EPM Hospitality

Posted by Thai Pham on

Infor is a leading provider of business application software with more than 73,000 customers, recognised for providing specific functionality to the hospitality industry, speeding up deployment through built-in reports, graphs and key performance indicators (KPIs). At HITEC 2015, this business application giant announced the great effort and plans for its hospitality division.

In particular, Infor d/EPM for Hospitality is designed with the advanced functionality to help implement and facilitate analysis. Another great feature is Office Plus which integrates directly with Microsoft Excel.

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Topics: Hospitality solutions, CFOs, Enterprise Performance Management (EPM), Business Intelligence

OLAP Technology: Handling Big Data in the Hospitality Industry

Posted by Nhat Nguyen on

The hospitality sector serves millions of customers every day. Each of them checks in and out with his or her own expectation. Some only need to have a room to stay during a business trip but some other customers also demand other services and spend thousands of dollars on restaurants, dining, entertainment, sports, and spa treatments.

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Topics: Hospitality solutions, Enterprise Performance Management (EPM), Business Intelligence, Analytics

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 Rick Yvanovich
 /Founder & CEO/

With TRG International Blogs, 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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