Each year, finance leaders face more e-invoicing mandates and real-time reporting requirements than the year before. This “new normal” is actually not so new, but many companies have delayed their development of a strategic approach to this challenge. These same companies have had to implement expensive and complex workarounds to remain compliant.
Together with Tungsten Network, a Kofax company, sharedserviceslink surveyed more than 100 global companies to assess compliance perceptions and
practices. Below, we share what we learned about the biggest concerns and obstacles to compliance readiness across the enterprise.
Based on the answers, we share 8 guiding principles business leaders can follow to increase compliance readiness while using the explosion of mandates as a
way to drive best practice across the organization.
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