--- title: TRG Blog | Financial consolidation, planning and reporting (2) description: Financial consolidation, planning and reporting | TRG Blog - be updated with the latest trends, advice and ideas in accounting, hospitality, financial management and technology enterprises. (2) --- [![trg logo](https://d1cavipgdpnjin.cloudfront.net/wp-content/uploads/2022/05/cropped-icon-1.png)](https://www.trginternational.com/) Helping you and your business shine  [![English flag](https://blog.trginternational.com/hubfs/images/en-flag.jpg "en-flag") English   ](https://blog.trginternational.com/) [![Vietnamese flag](https://blog.trginternational.com/hubfs/images/vi1.jpg "vi1") Vietnamese ](https://blog.trginternational.com/vi) - [Home](https://blog.trginternational.com/) - [Solutions](https://www.trginternational.com/solutions/) - [Industries](https://www.trginternational.com/industries/) - [Resources](https://www.trginternational.com/resources/) - [Events](https://www.trginternational.com/events/list/) - [About us](https://www.trginternational.com/about-us/overview/) - [Careers](https://careers.trginternational.com/) - [![English Flag](https://blog.trginternational.com/hubfs/images/en-flag.jpg "en-flag")](https://blog.trginternational.com/) - [![Vietnamese Flag](https://blog.trginternational.com/hubfs/images/vi1.jpg "vi1")](https://blog.trginternational.com/vi) [☰](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting/page/2#) [Get SunSystems Help →](https://www.trginternational.com/it/what-we-do/infor-sunsystems/get-sunsystems-help/) # Recent TRG blog posts ## [Long-term Financial Planning: How to Stay At Least 2 Steps Ahead](https://blog.trginternational.com/long-term-financial-planning-stay-ahead) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Fri, Nov 22, 2024 - [Tweet](https://twitter.com/share) [![Long-term Financial Planning: How to Stay At Least 2 Steps Ahead](https://blog.trginternational.com/hubfs/AI-Generated%20Media/Images/steps-stairs-winding-.jpg) ](https://blog.trginternational.com/long-term-financial-planning-stay-ahead) 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](https://blog.trginternational.com/download-whitepaper-financial-planning-budgeting-and-forecasting-for-the-vuca-world) 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. [Read More…](https://blog.trginternational.com/long-term-financial-planning-stay-ahead) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/long-term-financial-planning-stay-ahead#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) ## [Looking Beyond the Fiscal Year: How to Transition to Strategic Budgeting](https://blog.trginternational.com/strategic-budgeting-how-to-transition) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Thu, Nov 21, 2024 - [Tweet](https://twitter.com/share) [![Looking Beyond the Fiscal Year: How to Transition to Strategic Budgeting](https://blog.trginternational.com/hubfs/Budgeting.jpeg) ](https://blog.trginternational.com/strategic-budgeting-how-to-transition) An increasing number of businesses are looking [beyond the fiscal year](https://blog.trginternational.com/what-is-beyond-budgeting) 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. [Read More…](https://blog.trginternational.com/strategic-budgeting-how-to-transition) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/strategic-budgeting-how-to-transition#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) ## [Hotel Budgeting: Tips to Stay in Control](https://blog.trginternational.com/hotel-budgeting-tips) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Tue, Nov 12, 2024 - [Tweet](https://twitter.com/share) [![Hotel Budgeting: Tips to Stay in Control](https://blog.trginternational.com/hubfs/traditional%20budgeting.jpg) ](https://blog.trginternational.com/hotel-budgeting-tips) It must be high time for [budgeting](https://blog.trginternational.com/budgeting-best-practices) 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?  [Read More…](https://blog.trginternational.com/hotel-budgeting-tips) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/hotel-budgeting-tips#comments-listing) Blog Topics: [Hospitality solutions](https://blog.trginternational.com/topic/hospitality-solutions), [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) ## [How to Conduct a PESTLE Analysis: A Practical Guide](https://blog.trginternational.com/pestle-analysis-practical-guide) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Sun, Nov 10, 2024 - [Tweet](https://twitter.com/share) [![How to Conduct a PESTLE Analysis: A Practical Guide](https://blog.trginternational.com/hubfs/images/evaluation-planning-revise-dashboard.jpg) ](https://blog.trginternational.com/pestle-analysis-practical-guide) 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. [Read More…](https://blog.trginternational.com/pestle-analysis-practical-guide) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/pestle-analysis-practical-guide#comments-listing) Blog Topics: [Planning and Budgeting](https://blog.trginternational.com/topic/planning-and-budgeting), [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) ## [Why Finance Professionals Only Have 5 Years to Reinvent Themselves & How to Do It](https://blog.trginternational.com/finance-professionals-5-years-reinvent) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Tue, Oct 29, 2024 - [Tweet](https://twitter.com/share) [![Why Finance Professionals Only Have 5 Years to Reinvent Themselves & How to Do It](https://blog.trginternational.com/hubfs/social-suggested-images/waste-time.jpeg) ](https://blog.trginternational.com/finance-professionals-5-years-reinvent) Let's face it: the days of [finance professionals](https://blog.trginternational.com/topic/cfos) 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.  [Read More…](https://blog.trginternational.com/finance-professionals-5-years-reinvent) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/finance-professionals-5-years-reinvent#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [Technology trends](https://blog.trginternational.com/topic/technology-trends) ## [Vietnam's Journey to IFRS: What Financial Leaders Need to Know](https://blog.trginternational.com/vietnams-ifrs-journey) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Fri, Oct 25, 2024 - [Tweet](https://twitter.com/share) [![Vietnam's Journey to IFRS: What Financial Leaders Need to Know](https://blog.trginternational.com/hubfs/images/ifrs_world.jpg) ](https://blog.trginternational.com/vietnams-ifrs-journey) Vietnam's financial landscape is undergoing a significant transformation with the adoption of [International Financial Reporting Standards (IFRS)](https://blog.trginternational.com/introduction-to-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.   [Read More…](https://blog.trginternational.com/vietnams-ifrs-journey) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/vietnams-ifrs-journey#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [Technology trends](https://blog.trginternational.com/topic/technology-trends) ## [Budgeting Takes Too Long? Vital Signs You Need A Dedicated Solution](https://blog.trginternational.com/signs-you-need-budgeting-solution) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Tue, Oct 22, 2024 - [Tweet](https://twitter.com/share) [![Budgeting Takes Too Long? Vital Signs You Need A Dedicated Solution](https://blog.trginternational.com/hubfs/budgeting-start-here%281%29.jpg) ](https://blog.trginternational.com/signs-you-need-budgeting-solution) Many view [budgeting](https://blog.trginternational.com/budgeting-best-practices) 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.  [Read More…](https://blog.trginternational.com/signs-you-need-budgeting-solution) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/signs-you-need-budgeting-solution#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software) ## [Examples of a Successful Operational CFO and How to Become One](https://blog.trginternational.com/successful-operational-cfo-examples) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Tue, Oct 8, 2024 - [Tweet](https://twitter.com/share) [![Examples of a Successful Operational CFO and How to Become One](https://blog.trginternational.com/hubfs/close-up-businessman-hand-holding-pen-and-pointing-at-financial-paperwork-with-financial-network-diagram--875087884-e404a4e509ac4310a88ce951f0343e55.jpeg) ](https://blog.trginternational.com/successful-operational-cfo-examples) In our previous post, we explored the emerging role of the [operational CFO](https://blog.trginternational.com/operational-cfo-vs-coo) and how it's reshaping the landscape of corporate leadership. In today’s article, we will explore specific examples of how an operational CFO can get involved in non-financial aspects of a business, and what it takes to become an operational CFO. [Read More…](https://blog.trginternational.com/successful-operational-cfo-examples) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/successful-operational-cfo-examples#comments-listing) Blog Topics: [CFOs](https://blog.trginternational.com/topic/cfos), [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) ## [7 Accounting Best Practices for Insurance Businesses](https://blog.trginternational.com/7-insurance-accounting-best-practices) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Mon, Sep 30, 2024 - [Tweet](https://twitter.com/share) [![7 Accounting Best Practices for Insurance Businesses](https://blog.trginternational.com/hubfs/commercial-insurance.jpg) ](https://blog.trginternational.com/7-insurance-accounting-best-practices) 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. [Read More…](https://blog.trginternational.com/7-insurance-accounting-best-practices) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/7-insurance-accounting-best-practices#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software) ## [Best Practices for Financial Forecasting in the Insurance Industry](https://blog.trginternational.com/insurance-financial-forecasting-best-practices) Posted by [Rick Yvanovich](https://blog.trginternational.com/author/rick-yvanovich) on Sat, Sep 28, 2024 - [Tweet](https://twitter.com/share) [![Best Practices for Financial Forecasting in the Insurance Industry](https://blog.trginternational.com/hubfs/images/insurance-cover-laptop-technology.jpg) ](https://blog.trginternational.com/insurance-financial-forecasting-best-practices) [Financial forecasting for insurance businesses](https://blog.trginternational.com/save-time-money-financial-forecasting-software) 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. [Read More…](https://blog.trginternational.com/insurance-financial-forecasting-best-practices) 0 Comments [Click here to read/write comments](https://blog.trginternational.com/insurance-financial-forecasting-best-practices#comments-listing) Blog Topics: [Financial consolidation, planning and reporting](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting), [Financial Accounting Management Software](https://blog.trginternational.com/topic/financial-accounting-management-software) [Previous](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting/page/1) [All TRG blog posts](https://blog.trginternational.com/all) [Next](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting/page/3) ### Subscribe to TRG Blog Search this blog Search ### Posts by Topic - [Analytics (69)](https://blog.trginternational.com/topic/analytics) - [Business Intelligence (75)](https://blog.trginternational.com/topic/business-intelligence) - [Careers (1)](https://blog.trginternational.com/topic/careers) - [CFOs (80)](https://blog.trginternational.com/topic/cfos) - [Cloud Computing (112)](https://blog.trginternational.com/topic/cloud-computing) - [CSR activities (1)](https://blog.trginternational.com/topic/csr-activities) - [cybersecurity (8)](https://blog.trginternational.com/topic/cybersecurity) - [Digital Transformation (80)](https://blog.trginternational.com/topic/digital-transformation) - [digital workplace (2)](https://blog.trginternational.com/topic/digital-workplace) - [Enterprise Performance Management (EPM) (115)](https://blog.trginternational.com/topic/enterprise-performance-management-epm) - [Enterprise Resource Planning ERP (147)](https://blog.trginternational.com/topic/enterprise-resource-planning-erp) - [ERP (1)](https://blog.trginternational.com/topic/erp) - [Financial Accounting Management Software (319)](https://blog.trginternational.com/topic/financial-accounting-management-software) - [Financial consolidation, planning and reporting (143)](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting) - [Hospitality solutions (128)](https://blog.trginternational.com/topic/hospitality-solutions) - [IFRS (23)](https://blog.trginternational.com/topic/ifrs) - [Inbound marketing (4)](https://blog.trginternational.com/topic/inbound-marketing) - [Infor SunSystems (97)](https://blog.trginternational.com/topic/infor-sunsystems) - [News (9)](https://blog.trginternational.com/topic/news) - [Planning and Budgeting (69)](https://blog.trginternational.com/topic/planning-and-budgeting) - [project management (1)](https://blog.trginternational.com/topic/project-management) - [Retail Management System (130)](https://blog.trginternational.com/topic/retail-management-system) - [Rick Yvanovich (1)](https://blog.trginternational.com/topic/rick-yvanovich) - [Talent Management (355)](https://blog.trginternational.com/topic/talent-management) - [Technology trends (136)](https://blog.trginternational.com/topic/technology-trends) - [TRG (8)](https://blog.trginternational.com/topic/trg) [see all](https://blog.trginternational.com/topic/financial-consolidation-planning-and-reporting/page/2#) Upcoming TRG Events ### Latest Posts ### Most Viewed Posts ### Our Editorial Mission ![Rick Yvanovich](https://blog.trginternational.com/hs-fs/hubfs/RY%20-%20profile%20picture-1.jpg?width=87&name=RY%20-%20profile%20picture-1.jpg)*** ***** 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. ### Subscribe to TRG Blog ### Follow TRG Blog TRG International Blog (footer) ![TRG Logo](https://d1cavipgdpnjin.cloudfront.net/wp-content/uploads/2022/05/cropped-icon-1.png) International IT, Talent and F&B - we think it's a great combination. 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