Businesses across all industries have two things in common: they utilise documents and they create a lot of them. Documents are used for everything from sales reports to product development and end up being stored in all sorts of places, both digitally and physically.
Recent TRG blog posts
How to Tell If Your Enterprise Needs a Document Management System
Posted by Rick Yvanovich on Thu, Sep 26, 2019
Blog Topics: Enterprise Performance Management (EPM), Business Intelligence, Analytics
Get Productive with These 7 Tips for Document Management
Posted by Rick Yvanovich on Wed, Sep 25, 2019
Document management is often an overlooked practice in your business, but did you know that according to research your employees can spend up to 20% of their time at work searching for information about the task they are currently doing?
Blog Topics: Enterprise Performance Management (EPM), Business Intelligence, Analytics
An Overview of Infor EPM (Dynamic Enterprise Performance Management)
Posted by Rick Yvanovich on Wed, Sep 11, 2019
Infor EPM is a fully integrated solution suite that is capable of automating your business’ financial management process, thereby eliminating the use of spreadsheets. It layers world-class in-context business intelligence, financial performance management, and risk and compliance monitoring, empowering you to drive your business performance more effectively.
Blog Topics: Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software
How to Budget: A Step-by-step Guide to Developing & Managing a Budget
Posted by Rick Yvanovich on Wed, Aug 7, 2019
A budget is a quantified version of your strategic goals. Therefore, having a sound budget in place is instrumental in driving your profitability and also in averting any number of adverse consequences that may arise as your business grows.
Blog Topics: Planning and Budgeting, Enterprise Performance Management (EPM), Financial Accounting Management Software
Fixed Forecasting vs. Rolling Forecasting: Which One Is Right for You?
Posted by Rick Yvanovich on Fri, Jul 19, 2019
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.
Blog Topics: Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Enterprise Resource Planning ERP
A Primer on Budgeting: What is a budget and more
Posted by Rick Yvanovich on Tue, Jul 16, 2019
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.
Blog 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 Sat, Nov 10, 2018
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?
Blog 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 Wed, Nov 7, 2018
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.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Enterprise Resource Planning ERP
8 Best Practices in Strategic Planning
Posted by Rick Yvanovich on Sat, Sep 8, 2018
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.
Blog Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software
How to Turn Budgeting into a Value-Adding Process
Posted by Rick Yvanovich on Wed, Sep 5, 2018
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:
Blog Topics: Planning and Budgeting, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software