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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Statutory Reporting Posts
Measuring the ROI of ONESOURCE Statutory Reporting: 2023 Forrester Consulting Study
The independent research findings provide a clear business case for implementing OSR. The Forrester Consulting study demonstrated an 84%
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Why Global Capability Centres Are Integral To Transforming Business Operations
In this whitepaper, we look at how GCCs are harnessing cloud-based, content-enabled technology to conquer perceived challenges and generate more strategic benefits.
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The 2022 State of the Corporate Tax Department Report
Corporate tax departments are feeling the strain, from the ever-evolving regulatory environment to the internal demands on doing more with less.
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3 reasons to go faster and adopt shared services software
With a focus on statutory reporting software, Steve Smith outlines why shared services should adopt sooner.
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Statutory Financial Reporting in Shared Services: Best Practices from Capgemini to Centralise, Standardise and Automate the Process
“In today’s world, zero non-compliance is the norm,” warns Vishal Parekh, Regional Head, South Asia and South-East Asia at Thomson Reuters. “No one wants to be in that bucket of…
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Streamlining Multi-Country Statutory Financial Reporting
5 Key Benefits of Automation The Finance function has always been expected to operate with efficiency targets, deliver more with less, drive transparency and reduce costs. This expectation has only…
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Statutory Reporting in India and South East Asia: Key Points for Consideration
As the COVID-19 pandemic continues to upend supply chains and disrupt operations globally, corporations across India and South East Asia are adapting their processes and systems to the ‘new normal’. …
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Thomson Reuters On-Demand Webinar – Managing Statutory Reporting in Shared Service Centers
Webinar Overview Professionals who manage Finance Shared service centers are tasked with being profit centres, not just cost-centres. For companies that do business in many different jurisdictions or have uniquely…
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Best Practices: Harmonising the Four Elements of Statutory Reporting
Many multinationals today are undergoing finance, tax or IT transformation projects to drive efficiency and reduce costs. These often include technology use to automate and centralize processes, like statutory reporting.…
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