Tax & Tech Talks: How to achieve global statutory financial compliance
How can automation technology assist finance departments and Shared Service Centers with standardization and centralization of their global reports?
Filing financial statements is a legal obligation in most countries worldwide, but each jurisdiction has its specific reporting requirements and, therefore often remains retained with an in-country finance team. The impact on how businesses operate and the future of work have been brought to the fore now more than ever. Organizations are looking to automate, not just to drive efficiency and avoid human error, but to leverage human skills at the higher value end of a process – to help provide businesses with the information they need to make the right decisions.
In our latest episode, our host Briony Kempton talks to customer TMF Global’s Pavlo Boyko on how automation technology can assist finance departments and Shared Service Centers with standardization and centralization of their global reports.
Here, they discuss and give critical takeaways on how technology solutions can offer both standardized delivery of statutory reporting processes and assure that content-based knowledge and translation facilities address any localization concerns.