This report reflects the experience, plans and opinions of global finance leaders from across the globe, along with recommendations from technology experts for centralised statutory reporting, tax admin, and other key functions.

The pandemic created a burning platform that pushed enterprises into adopting not just digitised front-end operations, but also digitised back end support. This applies equally to so-called “last mile” activities within record-to-report, like statutory reporting and tax administration.

The experience of the past year and a half have only served to reinforce the recognition that standardisation, centralisation and automation reduce risk, drive efficiency, and free up employees to deliver the additional insights businesses require to survive in uncertain environments. This has highlighted the benefits of the shared services model, which proved its value many times over in the past 18 months, and is poised for more growth.

Statutory reporting is well-positioned to benefit from this trend. This report reflects the experience, plans and opinions of global finance leaders from across the globe, along with insights from technology experts who translate this research into clear recommendations for centralised statutory reporting, tax admin, and other key functions.