When it comes to maintaining financial compliance, legacy statutory reporting processes and software is not a viable option. The potential risks include penalties for late filing, inefficiencies, reputational damage, costly audits and downstream impacts for tax teams.

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Unlock the latest insights and trends in the shared services industry with the Pulse Survey Update: State of Asia Shared Services report. In partnership with Thomson Reuters, we conducted interviews with top Asia-based shared services leaders to bring you valuable information on the benefits and challenges of shared services in large organizations.

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Faced with expanding workloads, GCCs are increasingly leveraging automation-enabled financial compliance tools to meet ongoing expectations of delivering cost and process efficiencies. Many are also harmonising end-to-end processes through content-driven cloud-based technology.

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