HIGHLIGHTS FROM OUR SURVEY
Companies are facing increased challenges as a result of the constantly changing regulatory complexities and compliance requirements they encounter
of companies indicated that changes in regulatory requirements will import significant challenges on their compliance processes.
of companies consider the use of outside providers as an effective means of accessing local expertise.
of companies indicated they have recently completed or will soon complete a finance transformation.
Lack of adequate knowledge to manage legal, tax and regulatory requirements
Resource constraints or quality issues with existing resource
Significant time spent by senior management on non-core, low-value activities
Absence of back office resources, causing increased reliance on external providers
Challenges with existing service providers who lack depth of expertise or appropriate experience
No longer cost-effective to employ multidisciplinary back office team
Critical to stay focussed on commercial imperatives
Cyclical nature of reporting and consolidation
requirements makes it difficult to resource efficiently
Increased complexity in the compliance and regulatory environment
Growing into a mature business »
Mature business »
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