Multilingual financial reporting: building a workflow that reduces costs and time every year
An annual report follows a fixed cycle and a largely predictable structure. Accounting policies, governance descriptions, risk factors and defined terms change far less from year to year than the figures around them. This makes it a great candidate for workflow optimisation, focusing on the dynamic elements and updating content within a template over the course of the year (as and when policies and procedures change). This approach greatly reduces formatting costs while also easing the burden and time pressure often associated with deadlines, particularly in multilingual financial reporting.
