Streamlining statutory reporting: Benefits, challenges and success planning
Discover how a leading multinational corporation is enhancing strategic value, navigating compliance, and improving statutory reporting accuracy. As shared service centres grow, their process scope widens, focusing on record-to-report. According to SSON Research & Analytics, nearly 70% of organisations already use some form of centralised reporting, with 20% planning to adopt it soon.
Centralising statutory reporting offers enhanced accuracy, compliance, risk mitigation, efficiency, and cost savings. It also enables global business services to provide critical strategic insights to the C-suite. In this webinar, we'll explore the prerequisites for centralisation, the technologies that support it, and the factors for successful implementation.
Receive these insights:
- Learn from a multinational corporation's journey in centralising statutory reporting.
- Understand the challenges and strategies for overcoming them.
- Explore the role of technology and automation in successful implementation.
- Discover how to balance global and local reporting requirements.
- Gain insights into risk mitigation and cost-saving opportunities.