Recent TRG blog posts

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

The healthcare industry has recently found itself sandwiched between the worst pandemic in living memory and profound disruptions such as smart systems to standardise front and back-office operations, and value-based payment models to enable providers, payers, and patients to achieve the best possible treatment outcomes at the lowest costs. 

Accounting for manufacturing businesses is complex as it has a lot to deal with inventory valuation and costs of goods sold to determine the most appropriate value of the finished items. 

In a post-pandemic world, logistics companies need to ensure they are giving their best performance by leveraging state-of-the-art IT solutions that allow them to automate and optimise every step of their operations. This also applies to the accounting function.

E-commerce businesses have experienced tremendous growth during COVID-19, which is expected as non-essential brick-and-mortar retailers have had to go into shutdown. 

The top priority for healthcare organisations is to deliver effective treatment at optimal costs. As such, medical practitioners and the finance team must collaborate to alleviate the patient's physical and financial pains. 

Intercompany accounting is an all-important process that any parent company must get right. If not done correctly, it can gravely hinder the preparation of the company's consolidated financial statements. The following best practices for intercompany accounting will make this process much more straighforward and hassle-free. 

Read more: Why does your company need an accounting software?

Our digital world is growing at an alarming rate. It is estimated that, by 2020, there will be 44 trillion gigabytes of data¹ created and copied annually.  However, data remains one of the most underutilised assets of any organisation. Enterprise data management is supposed to fix this paradox. Here's what you need to know about enterprise data and how to manage it. 

The financial services industry in the post-crisis era is still rife with challenges, both old and new, including extensive regulatory changes, technology disruptions, and a greater demand for trust and transparency. Financial services firms operating in such a contested environment need an accounting software solution that can deliver top-notch industry-specific capabilities.  

Infor SunSystems has a well-established reputation as a world-class integrated financial management solution designed to meet the complex financial operations in multinational enterprises and fast-growing companies. In today's article, we will take a look at a specific function that is vital to any accounting function - Order Fulfilment Management.