In our previous blog post, we explored four strategies businesses should implement to avoid common mistakes in financial management software implementation. Today, we will uncover four additional strategies to help you and your business prepare effectively before embarking on your implementation journey.
Recent TRG blog posts
8 Strategies to Sidestep Financial Software Implementation Pitfalls (Pt.2)
Posted by Rick Yvanovich on Fri, Jun 9, 2023
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
8 Strategies to Sidestep Financial Software Implementation Pitfalls (Pt.1)
Posted by Rick Yvanovich on Wed, Jun 7, 2023
Implementing a new financial management software system can be a game-changer for businesses, offering increased productivity, streamlined processes, and enhanced data accuracy and security. However, the road to successful implementation is not without its challenges and, if managed poorly, an implementation project may do more harm than good.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
The Role of Financial Planning in Recession-Proofing Your Business
Posted by Rick Yvanovich on Sat, Jun 3, 2023
In recent years, we have seen a whirlwind of unexpected changes, such as the fluctuation of cryptocurrency, the implementation of GDPR, the Brexit saga, and the China-US trade war. Adding to this, the recent pandemic has led to a global recession, making the world more volatile, uncertain, complex, and ambiguous than ever before.
Blog Topics: Financial consolidation, planning and reporting
An Overview of Key Features of Infor SunSystems Cloud
Posted by Rick Yvanovich on Wed, May 17, 2023
Your financial management system must have the ability to transcend borders, languages, and currencies at the same time. Access to critical real-time information whenever needed to make informed business decisions.
Blog Topics: Financial consolidation, planning and reporting, Infor SunSystems
Newsflash: Financial skills aren’t enough for a finance professional
Posted by Rick Yvanovich on Thu, Oct 27, 2022
After the severe pandemic and its subsequent economic meltdown, the role of finance professionals within organisations has been in the spotlight. Companies need more finance leaders with core financial skills to manage risk, cash flow and cost control.
Blog Topics: Talent Management, Financial consolidation, planning and reporting, Digital Transformation
IFRS 17 Overview: What Is It For? Who Is Affected? Why Should You Care?
Posted by Rick Yvanovich on Tue, Aug 16, 2022
International Financial Reporting Standard IFRS 17 was issued on 18 May 2017 by the International Accounting Standards Board.
Blog Topics: Financial consolidation, planning and reporting, Business Intelligence, Analytics
Budgeting Challenges Facing the Oil and Gas Industry
Posted by Rick Yvanovich on Fri, Jul 1, 2022
As the world continues to move towards renewable energy, the oil and gas industry will face increasingly steeper technical, operational, and organisational challenges. Having a streamlined budgeting process is among the most daunting ones.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
Ready to Rebound: Accor Poised for Recovery with Infor SunSystems SaaS
Posted by Rick Yvanovich on Sat, Jun 11, 2022
As the region’s hospitality and tourism sector is poised to rebound post-COVID, Accor IMEA is bringing their accounting systems to the cloud by adopting SunSystems, a SaaS-delivered financial management solution from Infor.
Blog Topics: Hospitality solutions, Financial consolidation, planning and reporting, Financial Accounting Management Software, Cloud Computing, Infor SunSystems
Financial Forecasting Software: What Is It and Why Does It Matter?
Posted by Rick Yvanovich on Tue, Mar 1, 2022
Predicting your business’ financial future may not be at the top of your to-do list if you're so caught up in day-to-day operations. Fortunately, modern enterprise software has matured enough to make financial forecasting much faster and more accurate. So, what is financial forecasting software?
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
How to Choose the Right Financial Consolidation Software?
Posted by Rick Yvanovich on Tue, Jun 8, 2021
Manual financial consolidation is time-consuming and labour intensive. Many companies find that manual processes are no longer sufficient and can lead to serious delays and inaccuracies in the year-end financial close process.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software