Key Takeaways
How advanced is your global statutory reporting cycle? Use this maturity model to assess current capabilities and conceptualize the stages along the way to getting to the ideal state.
- A maturity model can help teams assess capabilities and envision the stages along the way to the ideal state
- The maturity of a team's global statutory reporting process can be measured by the connectivity of its people, processes, data, and technology
- An advanced statutory reporting process connects data, compliance, regulations, and updates to accounting standards across the enterprise