Tax Intelligence Solution is KPMG’s data analytical solution using transactional data from GST returns and the ERP provides insights that enable businesses to improve underlying processes, find potential savings and detect errors and anomalies in data. The solution can look to transform data into insights in order to facilitate informed decision-making for business operations and acts like a digital health check from GST perspective.
Tax Intelligence Solution will help analyse and report several purchase and sales exceptions from ERP and GST data such as:
Since it is developed using a ‘common data set’, it helps ensure that the data can be extracted from most ERP systems in India.
Tax Intelligence Solution (TIS) for GST
KPMG's view point on tax intelligence solution for gst
TIS
Value Add
Mitigate leakages and identify risk and opportunities
Process improvements to build efficiencies
Enhance accuracy, identify cash savings
Feature
Ability to drill down to transaction/invoice level data
Data analytics on key aspects leading to improved governance
Exception reports and dashboards
Key Contacts
