Centralising Statutory Reporting: A Practical Guide to the Benefits, Challenges and Next-Steps
Learn how to drive strategic value, navigate choppy compliance waters and improve accuracy in statutory reporting
Join SSON's webinar with Thomson Reuters on Centralising Statutory Reporting: A Practical Guide to the Benefits, Challenges and Next-Steps
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As the numbers of shared service centres continue to expand, so does the scope of their processes (77% of SSO/GBS planning to expand their scope next year), with record-to-report in the top three processes most commonly covered. In a recent survey with SSON Research & Analytics, nearly 70% of respondents were already managing some form of reporting through a centralised approach and another 20% plan to move that way in the future.
The benefits to centralizing statutory reporting are vast. They include improved accuracy and consistency, enhanced compliance, risk mitigation, increased efficiency and of course cost-savings. Centralising statutory reporting also allows GBS to provide unheard of strategic insight, positioning themselves as crucial insight engines to the C-Suite. However, the journey is not without challenges. In this webinar we’ll break down the pre-requisites for centralising reporting, the technology that can help and the factors which make implementation a success.
Attendees to this webinar will learn more about:
- A case-study on a large MNC’s journey to centralising statutory reporting
- The effort needed and specific challenges of centralising statutory reporting (and how to overcome them)
- Resourcing explained: Competencies, activities and scope-of work
- Balancing global and local requirements: When do you flex?
- Risks: The risks associated with centralizing statutory reporting that you must be aware of
- The role of technology and automation
Speakers
Briony Kempton
Senior Product Marketing Manager, Statutory Reporting and Indirect Tax
Thomson Reuters
Briony is the proposition lead for ONESOURCE Statutory Reporting and our Direct Tax suite of products, working closely with internal teams and our customers to define and deliver the future strategy and roadmap. Our internal customer champion, ensuring core functionality is developed in alignment to our clients’ changing needs. Before coming to Thomson Reuters, Briony was an Audit Director at EY.
Sally Fletcher
Head of Editorial
SSON Digital
Sally Fletcher is the head of editorial for SSON Digital. Her role is to research, execute and host exciting online conferences, webinars and roundtables for the SSON community around the world. She also manages and contributes to SSON's written content such as market reports and articles. Previously she spent 8 years producing large-scale summits and smaller conferences on topics such as shared services, AI, robotics, capital markets, HR, customer experience and leadership in Asia, Europe and North America. In addition, Sally hosts SSON's Podcast, SSO Next.
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