Recent TRG blog posts

Traditional budgeting is argued to have begun about a century ago as a method of managing costs and cash flows. Typically, the process’s steps are as follow:

Blog Topics: Planning and Budgeting, Talent Management, Financial consolidation, planning and reporting, Financial Accounting Management Software

Traditional budgeting is argued to have begun about a century ago as a method of managing costs and cash flows. Typically, the process’s steps are as follow:

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

The finance department is facing mounting pressures to not only increase process efficiency but also rise to a more strategic level. A finance transformation is even more urgent when it comes to international expansion. In fact, a study by Aberdeen Group in 2012 indicated that the need for agility to account for market volatility is the top pressure impeding global expansion.

Blog Topics: Financial Accounting Management Software, Infor SunSystems

One of the steps in an effective IFRS implementation strategy is to assess the impacts of IFRS on the whole organisation. Reporting and disclosure (e.g., financial statements) are likely to be at the forefront of major changes.

Read more: A complete guide to financial consolidation

Blog Topics: Financial Accounting Management Software, Infor SunSystems

By Brian Hughes, senior business consultant, Infor Financials Brian Hughes

Blog Topics: Financial Accounting Management Software, Infor SunSystems

In the increasingly volatile and regulation-filled business world, the ability to adapt is of utmost importance. But handling change and complexity is a challenge for companies, especially when they try to step out of the domestic environment and into the global zone.

Blog Topics: Financial Accounting Management Software, Infor SunSystems

There are several functions in the finance team of hotels, each serving a different purpose in hotel financial management. Whilst some of these may overlap, they include: financial accounting, cost accounting, tax accounting, auditing and managerial accounting. With the advent of technology, hotel accounting software has gained a significant role in helping these finance function of hotels.

Blog Topics: Financial Accounting Management Software, Infor SunSystems

After studying the IFRS compliance reasons and IFRS implementation strategy, companies should note that the success of conversion is determined by 3 factors: internal training of personnel, systems upgrades and costs (PwC, 2009).

Blog Topics: IFRS, Financial Accounting Management Software, Infor SunSystems

Is your Planning & Budgeting process bringing you more headache than results? Here is your chance to fix it.

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

In today’s modern business environment, accounting is not solely about getting the numbers right anymore. It is how the data generated from accounting can contribute to decision-making, and thus drive growth. The same applies to accounting for hotels.

Blog Topics: Financial Accounting Management Software, Infor SunSystems