Streamlining Statutory Reporting: Unlocking Benefits, Overcoming Challenges, and Planning for Success
Enhance reporting accuracy, compliance and uncover critical strategic insights
RegisterJoin us to 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, with record-to-report being a top focus. According to SSON Research & Analytics, nearly 70% of organisations so some kind 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. Hear from a multinational corporation on their centralisation journey, including securing buy-in, transformation steps, and the role of technology.
Webinar attendees will gain insights into:
- The multinational corporation's experience in centralising statutory reporting, managing global reporting, and the lessons learned during the transformation.
- The effort required and specific challenges of centralising statutory reporting, with strategies to overcome them.
- Resourcing explained: Competencies, activities, and scope of work.
- Balancing global and local requirements: When to adapt.
- Risks: The risks associated with centralising statutory reporting that you must be aware of.
- The role of technology and automation and how to set yourself up for implementation success.
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