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.
Recent TRG blog posts
You're Losing Money on Manual Invoice Processing! Here's A Solution
Posted by Rick Yvanovich on Tue, Dec 3, 2024
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
Cash & Treasury Management Best Practices: A Comprehensive Guide for Finance Executives
Posted by Rick Yvanovich on Fri, Nov 29, 2024
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.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
Treasury Management in the Era of Digital Currencies
Posted by Rick Yvanovich on Thu, Nov 28, 2024
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.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
What to Look for in a Treasury Management Solution
Posted by Rick Yvanovich on Wed, Nov 27, 2024
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.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
Long-term Financial Planning: How to Stay At Least 2 Steps Ahead
Posted by Rick Yvanovich on Fri, Nov 22, 2024
Anyone who plays chess knows a good player is not just thinking about their next move - they are planning several moves ahead. That is exactly what long-term financial planning is all about. It's not just about keeping the lights on today; it's about making sure your business is thriving three, five, or even ten years down the road.
Blog Topics: Financial consolidation, planning and reporting
Looking Beyond the Fiscal Year: How to Transition to Strategic Budgeting
Posted by Rick Yvanovich on Thu, Nov 21, 2024
An increasing number of businesses are looking beyond the fiscal year when it comes to budgeting, instead opting for strategic budgeting for good reasons. This article will explore these reasons and, more importantly, how your business can transition from traditional annual budgeting to strategic budgeting.
Blog Topics: Financial consolidation, planning and reporting
Hotel Budgeting: Tips to Stay in Control
Posted by Rick Yvanovich on Tue, Nov 12, 2024
It must be high time for budgeting at your business, which is why you are reading this article. Feeling overwhelmed? But seriously, why can’t companies just minimise spending and cut back on all unnecessary expenses? Who needs pizza days anyway?
Blog Topics: Hospitality solutions, Financial consolidation, planning and reporting
How to Conduct a PESTLE Analysis: A Practical Guide
Posted by Rick Yvanovich on Sun, Nov 10, 2024
One of the direst mistakes you can make when it comes to strategic planning and forecasting is to overlook external factors. One tool you can use for this is PESTLE analysis. In today’s article, we will explain everything you need to know about conducting a PESTLE analysis.
Blog Topics: Planning and Budgeting, Financial consolidation, planning and reporting
Why Finance Professionals Only Have 5 Years to Reinvent Themselves & How to Do It
Posted by Rick Yvanovich on Tue, Oct 29, 2024
Let's face it: the days of finance professionals focusing on retrospective activities - bookkeeping, financial reporting, and compliance - are numbered. If you work in finance and you're still spending most of your time crunching numbers and preparing reports, you might want to sit down for this: you've got about five years to completely reinvent yourself.
Blog Topics: Financial consolidation, planning and reporting, Technology trends
Vietnam's Journey to IFRS: What Financial Leaders Need to Know
Posted by Rick Yvanovich on Fri, Oct 25, 2024
Vietnam's financial landscape is undergoing a significant transformation with the adoption of International Financial Reporting Standards (IFRS). This shift has had a profound impact on the way businesses report their financial information, bringing Vietnam's accounting practices in line with global standards.
Blog Topics: Financial consolidation, planning and reporting, Technology trends