Recent TRG blog posts

If you are into invoice processing automation, you need to know about OCR. 

Enterprise resource planning (ERP) is a powerful solution with sophisticated modules, features, and functions. It connects various aspects of a business into a unified platform to provide a holistic view of its operations and performance. What you might not know is the solution can be integrated with additional systems like Accounts Payable Automation to expand its capabilities further. 

86% of accounts payable teams rely on manual invoice processing¹. This can cause businesses to lose money and human resources that could be used in more strategic areas.

Effective cash and treasury management stands as a cornerstone of corporate financial health. For finance executives, optimising these functions can significantly impact an organisation's liquidity, risk management, and overall financial performance.

As digital currencies move from niche to mainstream finance, treasury teams face new opportunities and challenges. Beyond traditional tasks like managing liquidity and optimizing cash flow, treasurers must now consider these emerging assets. To succeed, they need to understand digital currencies and their impact on treasury operations.

Choosing the right software solution can make your treasury department run like a well-oiled machine. With countless options available, how do you find the perfect fit for your business? This article explores the key features and considerations when selecting a treasury management solution. 

Autogrill VFS F&B, a leading player in the food and beverage industry in Vietnam, faced challenges with its legacy accounting system, Infor SunSystems 6.3, stemming from an incompatibility issue. The incompatibility limited the finance team's ability to integrate and streamline processes. 

Many view budgeting as a daunting task. However, if implemented effectively, the process can serve as a robust instrument in converting expectations into a well-defined pathway for success. 

The unique nature of insurance contracts, with their long-term liabilities and inherent risks, presents specific challenges for accountants. This blog post will explore key best practices that can help insurance professionals navigate these challenges and ensure accurate, reliable, and compliant financial reporting.

Financial forecasting for insurance businesses presents unique challenges - from regulatory changes and market volatility to evolving risk landscapes and shifting consumer behaviours. By following the best practices outlined in this article, finance executives in the sector can greatly improve theirpredictive capabilities and drive informed decision-making.