Streamlining Statutory Reporting: Unlocking Benefits, Overcoming Challenges, and Planning for Success
Enhance reporting accuracy, compliance and uncover critical strategic insights
Join us to discover how a leading multinational corporation is enhancing strategic value, navigating compliance, and improving statutory reporting accuracy. As shared service centres grow, their process scope widens, with record-to-report being a top focus. According to SSON Research & Analytics, nearly 70% of organisations so some kind of centralised reporting, with 20% planning to adopt it soon.
Centralising statutory reporting offers enhanced accuracy, compliance, risk mitigation, efficiency, and cost savings. It also enables Global Business Services to provide critical strategic insights to the C-Suite. In this webinar, we'll explore the prerequisites for centralisation, the technologies that support it, and the factors for successful implementation. Hear from a multinational corporation on their centralisation journey, including securing buy-in, transformation steps, and the role of technology.
Webinar attendees will gain insights into:
- The multinational corporation's experience in centralising statutory reporting, managing global reporting, and the lessons learned during the transformation.
- The effort required and specific challenges of centralising statutory reporting, with strategies to overcome them.
- Resourcing explained: Competencies, activities, and scope of work.
- Balancing global and local requirements: When to adapt.
- Risks: The risks associated with centralising statutory reporting that you must be aware of.
- The role of technology and automation and how to set yourself up for implementation success.
Speakers
Stefan Markov
Head of Global Finance Services, Bulgaria
Experian
Stefan Markov is a seasoned finance executive with a proven track record in overseeing diverse multinational corporations. Renowned for his proficiency in establishing and enhancing shared services centers, he is adept at fostering leadership capabilities within teams. With notable tenures at Coca-Cola, Ingram Micro, and Cargotec, Stefan has led the forefront of Financial Planning & Analysis (FP&A) functions. Presently, he spearheads the Global Finance Services division at Experian, focusing on EMEA/UK operations. In his current capacity, Stefan aspires to position Experian as the premier global finance shared service provider, emphasizing unparalleled quality and value delivery through advanced analytics and insights. He is dedicated to enhancing customer experiences by expanding service offerings across the value chain. Committed to fostering diversity, equity, and inclusion (DEI) initiatives, Stefan champions employee well-being.
Eric O'Connor
Global Process Lead for Tax & Statutory Reporting Processes, Record to Report
Sanofi
Eric is an experienced finance professional with significant Accounting, both IFRS & Local GAAP, Tax and Project Management experience working for large multinational pharmaceutical companies, with a proven ability to manage & execute complex, cross-functional projects within the Record to Report Service Line. He is currently the Global Process Lead for Tax & Statutory Reporting Processes in Record to Report at Sanofi and is based in Ireland.
Briony Kempton
Senior Product Marketing Manager, Statutory Reporting and Direct Tax
Thomson Reuters
Briony is the proposition lead for ONESOURCE Statutory Reporting and our Direct Tax suite of products, working closely with internal teams and our customers to define and deliver the future strategy and roadmap. Our internal customer champion, ensuring core functionality is developed in alignment to our clients’ changing needs. Before coming to Thomson Reuters, Briony was an Audit Director at EY.
Sally Fletcher
Head of SSON Digital
SSON
Sally Fletcher is the head of editorial at SSON Digital. Her role is to research, execute and host exciting online conferences, reports and webinars for the SSON community around the world. Previously she spent 8 years producing large-scale summits and smaller conferences on topics such as AI, robotics, capital markets, HR, customer experience and leadership in Asia, Europe and North America.
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