Generative AI is revolutionizing the tax industry by automating processes, enhancing efficiency, and ensuring compliance. KPMG's Digital Gateway GenAI is at the forefront of this transformation, offering a robust, secure, and customizable AI solution for tax departments.
Key Features
Benefits of DG Gen AI
DG GenAI is designed to enhance efficiency, security, and collaboration in tax operations. With advanced AI-driven capabilities, it simplifies complex tax tasks, ensures compliance, and seamlessly integrates into your existing workflows. Here’s how DG GenAI can benefit your organization.
● Enhanced Data Security
Operating within a secure Microsoft Azure environment, DG GenAI adheres to the highest standards of data protection. It ensures that all sensitive tax information is safeguarded, offering peace of mind to clients regarding compliance and privacy.
● AI Personas and Document Handling
DG GenAI goes beyond general AI capabilities by allowing specialized AI personas tailored to specific tax tasks, such as reviewing tax assessments, analyzing contracts and case law and preparing transfer pricing documentation. These personas can be easily shared among team members, facilitating collaboration and ensuring consistency in tax operations.
● Document Management
The platform is equipped to handle a vast number of documents, streamlining the process of uploading, extracting data, and organizing information efficiently.
● Integrated
Seamlessly integrates into the core functionalities of Digital Gateway, including DG Documents.
How can DG GenAI help in daily operations?
Document Processing
• Various Summaries: DG GenAI automates the extraction, organization, and review of long documents such as contracts, case law, tax authority decisions.
• Updating of data for transfer pricing documentation.
• Analyses: Utilizing AI personas for specific tasks such as reviewing tax assessments, identifying key areas in long documents, identification of potential risks, identification of deviations from standardized documentation (e.g. template contracts).
• Keeping up-to-date: Utilizing AI personas for monitoring legislative changes and analyses of the latest case law and tax authorities’ guidance.
Process Automation
• Processes: DG GenAI allows streamlining end-to-end processes like the preparation of local files, updating internal documentation.
• Tax calculations and compliance: DG GenAI finds a use also in tax calculations and tax return preparation.
• Monitoring: AI personas enable the tracking of legislative changes and their integration into tax processes.
Document Creation
• (Tax) Document Preparation: DG GenAI enables the creation of high-quality tax documents with a minimal risk of errors. Useful assistance in drafting various types of documents from e-mails to robust transfer pricing documentation.
• Form Standardization: Assists in preparing uniform forms and templates to ensure consistency.
Data Handling
• Data Extraction: Automates the process of extracting data from a large volume of documents, enhancing efficiency.
• Information Organization: Facilitates the organization and categorization of data, which is advantageous when handling large volumes of documentation.
Try DG GenAI with Our Free Trial!
We understand that adopting new technology is a big decision. That’s why we’re offering a 90-day free trial to let you experience all the features of DG GenAI risk-free. This trial period will give you the opportunity to explore how our solution fits into your organization and unlock its full potential.
Here's what you'll get:
Contact us
Interested in learning more about how KPMG Digital Gateway GenAI can transform your tax operations?
Contact us today to schedule a demo or discuss your specific needs.
