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乐鱼(Leyu)体育官网 and Microsoft collaborate to help C-suites predict tax outcomes

New cloud technologies designed to help organizations set business strategy.

  • Investment in new technology creates value for businesses in more than 140 jurisdictions globally
  • 乐鱼(Leyu)体育官网 Digital Gateway, enabled by Microsoft Azure, is designed to provide real-time holistic view of tax and finance data necessary for making better business decisions
  • Three new Digital Gateway applications, Tax Advance, Data Factory and Connected Modeling help transform tax and finance functions
New York, June 21,听2022 鈥撎齌he future of tax is at a tipping point as organizations work to keep pace with a rapidly changing business landscape, shifts in tax policy, heightened compliance and reporting requirements, workforce challenges, and the untapped potential of data. As part of their multi-billion-dollar global alliance, 乐鱼(Leyu)体育官网 and Microsoft are making significant investments to deliver advanced cloud-based tax technologies that are designed to help companies transform and lead amid continued market disruption.

乐鱼(Leyu)体育官网 and Microsoft are helping companies to enable their operations to be future-ready through AI, machine learning, automation and data & analytics applications on the 乐鱼(Leyu)体育官网 proprietary Digital Gateway platform, enabled by the Microsoft Azure cloud. The collaboration is resulting in a wealth of new technology capabilities for tax and finance leaders in more than 140 jurisdictions globally through the 乐鱼(Leyu)体育官网 Tax Reimagined service offering.

乐鱼(Leyu)体育官网 Digital Gateway is built with the C-suite in mind. It puts easy-to-use technology in the hands of non-technologists, so that business leaders can leverage insights to help predict what鈥檚 ahead. Digital Gateway offers a holistic view of a company鈥檚 total tax and finance data, in real time, and within a single platform. Business leaders use Digital Gateway鈥檚 data-driven applications, powerful modeling tools and interactive visualizations to help inform strategy, forecast outcomes, plan tax requirements, minimize risk, generate cost savings, and, ultimately, drive tangible business results.
乐鱼(Leyu)体育官网 and Microsoft have augmented the Digital Gateway platform with three new applications 鈥� Tax Advance, Data Factory and Connected Modeling. The latter two process, synthesize and visualize data from an organization鈥檚 ERP system, while Tax Advance is a cloud-based collaboration tool that uses Microsoft technology to connect and optimize an organization鈥檚 existing document management, process and workflow approaches within the tax and finance functions.

More about 乐鱼(Leyu)体育官网 Digital Gateway enabled by Microsoft

  • Provides a single point of entry for a company鈥檚 entire suite of tax data
  • Translates unstructured data into actionable insights
  • Allows non-technology professionals to easily use the tool
  • Leverages AI and machine learning to reduce data redundancies across applications
  • Syncs with a suite of third-party tools
  • Equips C-suite with a Control Tower home screen, which features a suite of applications that process data, generate powerful visualizations and more

As part of 乐鱼(Leyu)体育官网鈥檚 US$5 billion investment in technology, people and innovation to accelerate digital transformation, and more than US$1billion in tax and legal technology, specifically, 乐鱼(Leyu)体育官网 is utilizing Microsoft Azure and Azure AI as the backbone for a common, global cloud-based platform that helps to strengthen its range of digital offerings with new innovations in cloud-based audit capabilities, tax solutions and risk management.

乐鱼(Leyu)体育官网 and Microsoft hosted a June 1 virtual event on the transformation of tax and how technology and data can unlock value to drive business growth. The event was tailored to Chief Financial, Chief Tax and Chief Executive officers. Register to access the replay for the event by emailing tax@kpmg.com, and follow the conversation on and , #乐鱼(Leyu)体育官网TaxReImagined.

C-suites are being challenged by tremendous disruption and uncertainty. Whether it鈥檚 preparing for potential changes to U.S. tax policies, implementing the OECD global tax policies, addressing the rising pressure to consider ESG in their total tax stories, or determining how to do more with less, many leaders are struggling with how to prepare and respond. The 乐鱼(Leyu)体育官网 Digital Gateway was built to equip executives with a single access point to their entire suite of tax and finance data so that they can see around the corner and make smart business decisions even amid a time of great uncertainty.

Greg Engel

Vice Chair 鈥� Tax,

乐鱼(Leyu)体育官网 in the US

Greg Engel
Together, 乐鱼(Leyu)体育官网 and Microsoft are on a multi-year journey to change tax and finance leaders鈥� lives for the better and transform tax departments from a cost-center to a value center. The relationship with 乐鱼(Leyu)体育官网 Tax is in direct response to the tremendous disruptions that companies are being faced with and the need to help them grapple with it. 乐鱼(Leyu)体育官网 is helping Microsoft push the envelope on our technology to meet these executives鈥� needs.

Jacky Wright

Chief Digital Officer,

Microsoft

An organization鈥檚 data is both vast and complex and in order to generate real value from it, the right technology is critical. Digital Gateway is intended to be an organization鈥檚 single source of truth for all its tax and finance information. Our relationship with Microsoft is a testament to our investment in tax technology built to help the C-suite make sense of their data so that they can ultimately drive value and benefit the bottom line.

Brad Brown

Global Head of Tax Technology & Innovation,

乐鱼(Leyu)体育官网 International

Brad Brown
Brad Brown

Global Head of Tax Technology & Innovation

乐鱼(Leyu)体育官网 in the U.S.

For media queries, please contact:

Daniel Caines
Senior Manager, Global External Communications
E:听Daniel.Caines@kpmg.co.uk听

Taylor Ovalle
Director, Corporate Communications
E:听tovalle@kpmg.com

About 乐鱼(Leyu)体育官网 International

乐鱼(Leyu)体育官网 is a global organization of independent professional services firms providing Audit, Tax and Advisory services. 乐鱼(Leyu)体育官网 is the brand under which the member firms of 乐鱼(Leyu)体育官网 International Limited (鈥溊钟悖↙eyu)体育官网 International鈥�) operate and provide professional services.

鈥溊钟悖↙eyu)体育官网鈥� is used to refer to individual member firms within the 乐鱼(Leyu)体育官网 organization or to one or more member firms collectively.

乐鱼(Leyu)体育官网 firms operate in 144 countries and territories with more than 236,000 partners and employees working in member firms around the world. Each 乐鱼(Leyu)体育官网 firm is a legally distinct and separate entity and describes itself as such. Each 乐鱼(Leyu)体育官网 member firm is responsible for its own obligations and liabilities.

乐鱼(Leyu)体育官网 International Limited is a private English company limited by guarantee. 乐鱼(Leyu)体育官网 International Limited and its related entities do not provide services to clients.

For more detail about our structure, please visit kpmg.com/governance.

1 Throughout this release, 鈥溊钟悖↙eyu)体育官网鈥�, 鈥渨e,鈥� 鈥渦s鈥� and 鈥渙ur鈥� refer to the network of independent member firms comprising the 乐鱼(Leyu)体育官网 organization, operating under the 乐鱼(Leyu)体育官网 name and affiliated with 乐鱼(Leyu)体育官网 International or to one or more of these firms or to 乐鱼(Leyu)体育官网 International.