With the rising cost of living, growing inflation rates and threat of recession, combined with recruitment and retention challenges, many financial services firms are tackling a new tranche of macro-economic and geopolitical unsettlement.
By taking a more holistic view of the demands that they are being presented with and a smarter use of technology, GRC teams can not only reduce costs but also improve efficiency. This in turn provides opportunities for people with real expertise to focus on high value-added issues, such as staff development, retention, and risk mitigation.
After the impacts of the pandemic, and the ongoing climate crisis highlighted by COP26 in Glasgow, the next challenge for organisations will be to rethink their reporting processes with a greater focus on environmental, social and governmental (ESG) guidelines.
Read the report to benchmark where your organisation is on the ‘agility dial’ and get clear pointers on how to improve the performance of your financial reporting process.
In this whitepaper, we break down five critical focus areas that helped these organisations pivot through this crisis and prepared them to be ready for the ever-evolving future.