Case Study
Tech Supplier Takes Control of Statutory Reporting
Tech Supplier Takes Control of Statutory ReportingThe European company once managed its statutory reporting process with Microsoft Excel ® and Word ® files that were not stored in a central location. "We had Excel sheets everywhere," a senior financial specialist said. "For certain entities in our home country, we need to know the adjustments made in every other entity that we have. So that meant trying to track down the final version of every entity's Excel trial balance file and report their statutory report or their tax reporting." That could take a lot of time. And sending emails. And waiting for colleagues to check email. Then waiting for a reply. All that back-and-forth could be frustrating, to say the least. "There's a lot of waiting and chasing," the senior financi