Global Compliance Management

From the outset of an engagement, the compliance services framework establishes a core team to provide a single point of contact and manage the overall relationship and services.

Trained in industry best practices for compliance services, project management and reengineering methodologies, we provide a clear, logical approach to help companies design, implement and manage an outsourcing structure that encompasses the specific needs of the organization.

Efficiency and accuracy in financial reporting are crucial. Our service automates statutory financial statement creation by leveraging data analytics and automation technology. This streamlines the process, reducing time and effort while enhancing accuracy, allowing your finance team to focus on strategic growth initiatives.

Our service offers flexibility and control over your financial reporting. You can backsource the process by licensing KPMG's advanced tools, empowering your team to manage financial statement creation in-house. Alternatively, KPMG can manage the entire service, ensuring deadlines and requirements are met with precision. Whether you prefer to retain control or leverage KPMG's expertise, our service adapts to your unique needs.

This versatile service functions as a stand-alone solution or as an add-on to KPMG Data Factory. As a stand-alone, it enhances your financial reporting processes. Integrated with KPMG Data Factory, it offers a holistic approach to financial management. This flexibility ensures you can tailor the service to fit your infrastructure, maximizing automation and data analytics benefits.

Additionally, our service can assists in creating PBC (Prepared by Client) list materials for audit and tax calculations. By streamlining these documents, we enhance audit and tax process efficiency and compliance. Our solution reduces errors and improves collaboration with auditors, ensuring a smoother audit experience.

Navigating VAT, Customs and Excise Duties compliance is challenging, with complex regulations and evolving processes such e-Invoicing or SAF-T requirements. Ensuring accuracy and streamlining operations are crucial to minimizing risks and enhancing efficiency. With expert guidance, these challenges can be transformed into opportunities for improvement.

We leverage advanced technology to transform the compliance management of VAT, Customs and Excise Duties. We streamline the determination through third-party tax engines, ERP transformation and data management to provide precise tax calculations. Our tailored VAT reporting solutions help you choose the right model, whether outsourcing or insourcing, to enhance efficiency. We conduct thorough digital VAT reviews focusing on VAT treatment, master data and automated controls, ensuring compliance and accuracy.

Our business-led approach to technology empowers you to select, implement, and manage the right tools to meet your unique needs. Talk to us about how we can help you achieve demonstrable gains in VAT, Customs and Excise Duties compliance management.

The global corporate tax landscape is increasingly complex. This presents corporate tax functions with the challenge of efficiently handling growing compliance burdens such as Pillar 2, meeting expectations for responsible tax practices, and managing both risks and opportunities arising from rapid technological developments—all while prioritizing limited resources.

Successfully navigating these challenges requires tax functions to develop their operating model and apply specialist expertise where and when it is relevant. With a trusted partner like KPMG ACOR TAX as a force multiplier, transforming your tax compliance processes will allow you to handle increasing demands and improve outcomes.

KPMG Acor Tax approaches the transformation of compliance processes from an end-to-end perspective, considering how to leverage best practices. This includes technology enablers within data gathering, validation, and visualization, such as KPMG Data Factory, as well as automation of data gathering, processing, analysis, calculations, and controls.

We combine the technology-based approach with deep industry expertise and access to a global network of subject matter experts who take a business-centric approach to streamlining corporate tax compliance, including adapting to the intricacies of Pillar 2.

With the advent of Pillar 2, KPMG offers comprehensive support to help you understand and implement the new global tax rules. Our teams guide you through the complexities, ensuring that your organization is prepared to meet these requirements efficiently and effectively by putting in place robust data gathering and compliance processes supported by the KBAT calculation and compliance engine powered by Digital Gateway.

Discover how KPMG can assist in transforming your corporate tax compliance processes, enabling you to navigate the challenges of corporate tax compliance, Pillar 2, and beyond. Let us help you achieve demonstrable gains and secure your organization's future in the global tax landscape.

The burden of transfer pricing compliance places high demands on businesses to document how they ensure arm’s length pricing when trading across borders, which often entails complex data handling processes and validating information across entities or systems. Ensuring that regulatory reporting requirements align with the complexities of real-world business operations presents an ongoing challenge for organisations.

We work with our clients to automate transfer pricing processes and to increase accuracy in price setting, profitability testing, monitoring, adjustments and planning. Our data-driven approach is designed to provide a full audit trail with transparency on journal entry level from initial extraction to adjustments to final output.

KPMG’s digital solution, Data Factory, includes a sophisticated approach to transactional data, enabling interconnectivity between transactional data and the creation of local files.

KPMG Digital Gateway powered by Microsoft

KPMG’s Digital Gateway is a cloud and web-based solution powered by Microsoft that helps asset management and other organizations prepare for the future of tax. Digital Gateway provides deeper insights and transparency into tax compliance, investor reporting, and data and analytics across a multitude of asset classes. This innovative tool streamlines data collection and calculation, and features analytics, workflow management, and reporting capabilities that are critical to asset management companies. 

KPMG Data Factory powered by Microsoft