Recent TRG blog posts

Intercompany Reconciliation: 3 Ways to Overcome the Challenges

Posted by Rick Yvanovich on

Intercompany Accounting has always been a highly important process for the parent company to get done right. Though expanding the business is seen as a success, managing the accounting and finance side is not an easy job. Companies have always found the work to be significantly challenging and risky, and Intercompany Accounting is one of the top struggles. If done wrong, the company can deal with serious issues and errors in their final financial statements.

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

The How-To Guide to Choosing Accounting Software for Startups

Posted by Rick Yvanovich on

Operating a startup is challenging. As a startup owner, you have to wear multiple hats, and the last thing you want to worry about is keeping track of every single receipt. Thus, it is understandable to overlook the accounting function as you are trying to balance your time as much as possible. 

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Blog Topics: Financial Accounting Management Software

Infor SunSystems for Financial Services

Posted by Rick Yvanovich on

Financial services firms today still face the lingering effects of the latest global financial crisis. What's more, regulatory reform, complex reporting requirements, low interest rates on top of disruptive technologies have forced financial institutions to quickly adopt agile strategies and solutions to stay competitive.

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Blog Topics: Financial Accounting Management Software, Infor SunSystems

3 Cost Cutting Mistakes to Avoid During a Recession

Posted by Thai Pham on

Cost cutting has always been a indispensable tool for businesses during a recession. However, many cut-down programs merely lead to temporary results: the company may gain its targeted cost reduction, but rarely will they gain sustainable growth. There are 3 cost cutting mistakes you need to avoid so your business can grow again when the recession passes. 

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Blog Topics: Financial Accounting Management Software

Must-have Features of E-invoicing Software

Posted by Rick Yvanovich on

In countries like Korea, Taiwan, and Singapore, e-invoices have been implemented since the late 2000s. The process of transitioning from paper-based invoices to digital ones certainly is complex due to complicated tax laws and regulations. However, they offer a multitude of benefits to both suppliers and buyers, ranging from eliminating human errors to reducing illegal/ invalid transactions, speeding up the approval process, and maintaining compliance.

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Blog Topics: Financial Accounting Management Software

An Overview of Infor Expense Management

Posted by Thai Pham on

Infor Expense Management is a travel and entertainment expense management solution. It is a suite of four integrated applications (Expense Reports, Travel Plans, Payment Request, Timesheets), which we will discuss in-depth further in the blog. Infor Expense Management helps eliminate manual processes since supporting mobile usage and social collaboration and becoming available for both in the cloud or on-premise.

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Blog Topics: Financial Accounting Management Software

Best Practices for E-commerce Accounting

Posted by Rick Yvanovich on

E-commerce has experienced a tremendous boost during the pandemic as physical stores are forced to stay closed. However, this also poses a challenge to e-commerce businesses because critical back-office functions, like accounting, may not be able to keep up with that immense increase in business volume.   

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Blog Topics: Financial Accounting Management Software

Lean Accounting Best Practices for a Lean Manufacturing Business

Posted by Rick Yvanovich on

The recent global pandemic has caused traumatic financial impacts on all industry, and manufacturing is not an exemption. According to a recent survey conducted by the National Association of Manufacturers, 78.3% of manufacturers expect disruptions in both their financial and operational performance. This is a significantly higher percentage compared to the 48% of cross-industry companies concerning the same issue.

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Blog Topics: Financial Accounting Management Software, Enterprise Resource Planning ERP

ERP Accounting Module vs Accounting Software for Manufacturing

Posted by Rick Yvanovich on

Every business can leverage the benefits of the right accounting software, and manufacturing businesses are no exception.

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Blog Topics: Financial Accounting Management Software, ERP

Accounting Best Practices for Logistics and Transportation Companies

Posted by Rick Yvanovich on

Companies operating in the logistics and transportation industry such as airlines, cruise liners, railways and shipping/trucking firms face several accounting and operational challenges that can impact their net earnings. That is why it is critical that good accounting practices are followed to manage their cash flow and liquidity. 

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Blog Topics: Financial Accounting Management Software

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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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