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      MAKE UNCERTAINTY TRUSTWORTHY

      How artificial intelligence is fully automating a highly regulated transfer pricing process for the first time anywhere in the world. Working with a multinational company, KPMG has reimagined the annual transfer pricing documentation process from start to finish – making it scalable, efficient and compliant with the law. The result: 95% automation, higher quality and full control through a Trusted AI approach with human-in-the-loop.

      First

      global implementation of fully automated TP documentation using AI

      95 %

      higher level of automation combined with improved quality

      Trusted AI

      Framework with human-in-the-loop

      Client
      Multinational company

      Sector
      Industry / Group environment

      Project goal
      End-to-end TP automation

      Technology
      Trusted AI Framework

      Video: Magdalena Bonna & Robert Regendantz explain how KPMG combines tax expertise with AI.

      The path to customer transformation

      Can AI take over the entire TP process?

      The CFO and the Head of Tax posed a key question for the future: Is artificial intelligence already capable of fully automating a highly regulated, complex end-to-end process such as the annual transfer pricing documentation - in a scalable, reliable and compliant manner?

      Pioneering work in three steps

      KPMG developed an innovative solution based on micro-experiments to identify all relevant technologies. Based on this, it was clearly defined where conventional technologies are used and where AI provides real added value. An intelligent user interface ensures that the human remains in control at all times and safeguards the quality of the results.

      Efficiency, trust and new freedom

      Thanks to the AI-supported approach, a degree of automation of 95% was achieved - while at the same time increasing the quality of the documentation. The tax team gained valuable time for strategic and value-adding tasks. In addition, the company positioned itself internally as an innovation pioneer in the use of AI.

      How we make the difference

      For the first time, a highly regulated transfer pricing process was fully automated end-to-end with AI and simultaneously quality-assured. Humans remained in control at all times thanks to a trusted AI architecture, while efficiency and scalability were significantly increased. The result is a solution that brings together innovation, compliance and trust.

      KPMG. Make the Difference.

      Your contacts

      KPMG employees can make the difference on your transformation journey, because when technology is placed in the right hands, great things can happen.

      Through the personal insights, success stories and technology solutions of our consultants, discover how KPMG can help your organisation increase agility and resilience, laying the foundation for holistic growth.

      KPMG. Make the Difference.