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Home Operations Audit and Compliance

Why top CFOs are transforming statutory reporting with technology

FutureCFO Editors by FutureCFO Editors
February 6, 2020
Why top CFOs are transforming statutory reporting with technology

Why top CFOs are transforming statutory reporting with technology

With new and evolving statutory reporting requirements as well as intense scrutiny on tax practices, forward-thinking organisations are realising the importance of empowering their accounting, finance and tax departments with the tools they need to not only maintain compliance in a complex environment, but to also develop a global strategy focused on minimising risk in response to changes in regulations, accounting standards and tax law, and driving better business decisions.

Whether your tax, accounting and finance operations are locally-based, centralised or otherwise, investing in the right tools and resources optimises your company’s ability to meet evolving regulatory requirements and gives your team the time it needs to focus on planning, strategy and analysis.

It’s this shift in focus that results in better insight for you, better business decisions for your company, and greater returns for your shareholders.

As a CFO, if you haven’t yet made updating your global strategy a priority, the time is now.

Click here to download this Thomson Reuters whitepaper to understand the challenges, identify the right tools and resources, and realise the benefits.

Other Thomson Reuters whitepapers available for your perusal are:

Advanced corporate income tax tech is the centrepiece of a high-performing tax department

Tools and best practices for informed compliance

Related:  ACCA: Pandemic’s domino effect adds more operational challenges
Tags: statutory reportingThomson Reuters
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