Using technology to transform the future of the tax department
The future of tax is at a tipping point, with multinational organizations around the world striving to keep pace with a rapidly changing tax landscape. Dramatic shifts in tax policy, heightened compliance and reporting requirements, cross-border complexities, the need to do more with less, and the untapped potential of turning data into insights for the organization are top-of-mind for tax leaders.
To help multinational organizations cope with this rapid change, KPMG and Microsoft have come together to change tax leaders’ lives for the better, transforming tax departments from cost-centers to value centers. Through leading technology solutions and Tax Reimagined, the world-renowned, customized approach to creating the uniquely optimal target operating model for the organization, elevating the value that tax departments deliver to their organizations and societies they serve.
Our vision combines KPMG’s deep experience in compliance transformation, process optimization and global insights with the leading technology capabilities of Microsoft, as we work together to empower organizations to chart their Tax Reimagined journey. Together, we are positioned to help tax departments reimagine their purpose, all while prioritizing continuous improvement and allowing for the agility necessary to evolve over time.
How can KPMG and Microsoft help tax departments transform?
Insights from KPMG and Microsoft
Where do tax departments stand today on their tax transformation journey?
Here's what participants at the recent Future of Tax & Legal Technology and Innovation Event had to say:
Our investment in tax technology
As part of this collaboration, KPMG is investing US$5 billion over five years in technology, people and innovation to accelerate the digital transformation of KPMG firms and clients, and more than US$1billion in tax and legal technology, specifically. This deep investments in technology and innovation includes KPMG Digital Gateway—our one-stop platform for tax technologies built on Microsoft Azure—which enables us to deliver a range of digital solutions to meet the demands tax leaders face all in one place, with new features and solutions added in real-time.
