Despite the pandemic’s impact and increased remote work, many organizations still lack the capacity, transparency, automation, and standardization around global statutory reporting.
In this GSR Automation Trends Report, Workiva conducted a survey to gain a refreshed market perspective on multinationals' view of global statutory reporting, including automation efforts, implementation obstacles and related transformation.
It is found that only 16% of multinationals’ statutory reporting processes are fully automated, while nearly 50% are partially automated. Partial automation can create increased cost, operational inefficiencies and inadvertent risks.
Explore more results and insights from this survey conducted by Deloitte and Workiva experts, and learn how continued efforts toward a more automated and centralized reporting platform such as the Workiva platform can bring long-term benefits to your organization.
Download the GSR Automation Trends Report for these key highlights:
- Perspectives on automated reporting trends and priorities among multinational enterprises and challenges in optimizing statutory reporting ecosystems
- Insights into successful reporting guidance to enable your organization to accelerate and be ahead of your reporting cycle
- Simplify global statutory reporting by enabling data from multiple sources into a single platform, reporting on trusted data
- Empower your finance teams with a cloud-based platform that connects data, documents and teams