KPMG's Tax Technology and Innovation Group helps automate tax processes to free-up tax department resources for value added activities.
KPMG's Tax Technology and Innovation Group helps automate tax processes for efficiency.
Organisations are looking for more efficient and cost effective ways to manage tax processes, and harnessing tax data is a key way to achieve this.
KPMG's Tax Technology and Innovation Group includes professionals dedicated to automating tax processes to free-up tax department resources for value added activities in addition to turning data into value through analytical tools. We have developed a number of tax technology tools – stand alone and integrated approaches.
We go beyond the data and through the use of advanced analytic techniques, we can help you unlock tax and transaction data to add value to your business. You’ll gain deeper insights into your business. You could uncover unexpected advantages – from optimising supply chain, gaining competitive advantage to improving customer relationships to name a few. We can transform your data and knowledge into value through our comprehensive data analytics offerings.
Tax technology has many benefits including cost reduction through improved processes and controls and efficient working practices, better cash flow thanks to improved visibility, automated reporting and proactive management, and a reduced tax risk profile and transparent audit trail. Better reporting can also be achieved due to appropriate systems and process documentation with flexible reporting functionality.