Mark serves as a Client Advisory & Strategy Consultant for Thomson Reuters. In his previous role at GE he spent 5 years as a Finance Systems specialist, covering accounting, consolidation, planning and reporting needs of over 40 Consumer and Commercial banks. Then 3 years as programme leader of a Global Finance Transformation focused on end-to-end accounting standard process and tool-set for statutory reporting, to enable migration to a shared service environment. A very large project; 120 countries and 1,200 legal entities – a great example of standardisation on a global scale. Mark now works on client advisory and strategy at Thomson Reuters in London working with Global MNCs on similar transformational centralisation journeys.
Many business are looking to drive efficiency and reduce cost in their statutory reporting process through centralisation and standardisation. However, there are major challenges to overcome including a lack of country specific knowledge and local language requirements. Join us to hear first-hand how these challenges were overcome by a large MNC in their global business. Mark Boakes, former Program Manager, Statutory Consolidation & Reporting at GE will talk you through how the successful deployment of ONESOURCE Statutory Reporting across 46 countries enabled the successful filing of over 500 entities in the first year, driving cost savings through the business. In this interactive session, come and discuss your challenges with the experts from Thomson Reuters, network with your peers and get the latest information on what we are hearing from the market about the drivers for transformation.