Digitising the back end
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.
Statutory reporting is, indeed, well primed to benefit from this trend.
One thing is certain: technology and the connectivity offered by the cloud are a must for success; in fact, will define success.
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