Statutory Financial Reporting is increasingly being integrated into a centralized delivery model, with nearly three-quarters having already centralized this function or planning to centralize it within the next three years (APAC Survey by Thomson Reuters and the SSON). Centralization, however, is only a part of the story and much of this activity could still be manual driven.
The real game-changer is when centralization, standardization and automation merge to deliver services. For 90% of the Top 20 Most Admired Shared Service Organizations, automation is a key enabler to help adapt their service delivery model to the current business climate (SSON Analysis).
So, how can automation help overcome barriers like ‘Requirement for country/jurisdiction specific knowledge’ and ‘local language’ which are the topmost concerns for complex Statutory Financial Reporting?
Join Thomson Reuters and your finance and accounting peers for an interactive, uninterrupted small-group discussion and hear from Ramarathnam Varadadesikan, Director- Global Statutory Reporting,
Caterpillar India as we deep-dive into the process challenges in preparation of Statutory Financial Reports and how technology can solve for these.
Key reasons to participate
- Network, learn and share experiences, current best practices and market insights with your peers
- Hear first-hand the process challenges Caterpillar faced and how they deployed technology to solve for these
Takeaway from the roundtable