HomeStatutory ReportingThomson Reuters On-Demand Webinar – Managing Statutory Reporting in Shared Service Centers Statutory Reporting Thomson Reuters On-Demand Webinar – Managing Statutory Reporting in Shared Service Centers Thomson Reuters | June 7, 2020 Webinar Overview Professionals who manage Finance Shared service centers are tasked with being profit centres, not just cost-centres. For companies that do business in many different jurisdictions or have uniquely complex regulatory reporting responsibilities, have a huge opportunity to leverage current investment and deliver an improved bottom line to the business. Local statutory financial reporting can be a real headache for multinationals, often requiring reports to be created for hundreds of legal entities across dozens of jurisdictions all with different formats and reporting deadlines. How can you drive efficiency and reduce cost in your statutory reporting process, by overcoming challenges such as – lack of country-specific knowledge and local language requirements? Mark Boakes, Former Program Manager of Statutory Consolidation and Reporting at General Electric (GE) will share the challenges GE faced with statutory reporting across 1500 legal entities and how centralizing the process using technology resulted in reduced outsourcing costs and increased control over their reporting process. The webinar will cover the following: Effectively manage statutory reporting across multiple jurisdictionsReduce risk of delayed or inaccurate statutory report filingsReduce outsourced reporting costFree up local finance teams from low-value compliance workGet more value from existing financial shared service centers Watch Now On Demand