Centralising Statutory Reporting: Solving Compliance Complexity and Unlocking Efficiency
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Finance and tax leaders today face a common challenge: statutory reporting is more complex, costly, and risky than ever before. Disconnected local processes, increasing global compliance demands, manual workloads, and rising penalties are stretching teams thin, while shared service centres are under pressure to do more with less.
According to SSON Research & Analytics, 70% of organisations already centralise reporting, with another 20% planning to do so soon. Decentralised approaches are proving unsustainable, causing errors, fines, and wasted resources that could be used for strategic work.
This webinar will address the growing challenge of managing statutory reporting across decentralised, manual, and inconsistent processes, which leads to compliance risks, inefficiencies, and rising costs. Hear from a leading multinational corporation on how they built the case for change, overcame centralisation challenges, and used technology to improve accuracy, cut risk, and reduce costs.
Key takeaways will include:
- Real-world pain points that make statutory reporting unsustainable when managed locally
- How centralisation reduces complexity, improves compliance, and controls cost, with independent research findings from Forrester (commissioned by Thomson Reuters) reporting 68% efficiency gains and 84% ROI
- Lessons from a multinational’s journey: gaining buy-in, transformation steps, and technology enablement
- How to balance global consistency with local requirements
- Risks to watch out for and how to mitigate them effectively
Save your spot and discover practical strategies to streamline statutory reporting.
Speaker
Briony Kempton
Senior Product Marketing Manager, Statutory Reporting and Direct Tax
Thomson Reuters
Briony Kempton is the product marketing lead for Direct Tax at Thomson Reuters, working closely with our customers and internal teams to define and deliver the future strategy and roadmap. Our internal customer champion, Briony ensures core ONESOURCE functionality is developed in alignment to our clients’ changing needs. Before coming to Thomson Reuters, Briony was an Audit Director at EY.
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