Does your service provider unlock the power of technology in your tax function?

Does your organization’s tax function lack resources and tools to meet expanding demands while keeping costs and risks under control? Like you, many tax and finance executives are exploring managed service alliances to redefine their tax operating model for today’s high-pressure tax landscape.

Managed services alliances are significant and long-term investments. You need to feel confident the service provider you select can deliver the key capabilities your tax function needs to fully realize benefits and maximize the value of the relationship.

The provider’s technology stack is undoubtedly one of the most critical capabilities to evaluate. Gaining access to cutting-edge innovations that are beyond the resources of most companies is a key benefit of a managed services model.

Leading managed services providers invest a tremendous amount on deploying new technologies and innovating efficient processes that can be scaled up or down for your tax function. As a market leader, KPMG is investing $5 billion over five years to accelerate the digital transformation, with more than $1 billion focused specifically on tax technology. This includes our Digital Gateway platform, a suite of modern technology solutions supporting the full range of tax operations with data, analytics insights, reporting and risk management.

So how can you be sure a tax managed services provider has the robust technology tools and capabilities to seamlessly integrate into your tax operations and ensure future success? Here are three key components to look for when evaluating a potential provider’s technological capabilities.

The ability to optimize collaboration and control: A successful tax managed services alliance hinges on shared goals, strong alignment, and seamless teamwork, where the provider team becomes a true extension of your internal tax team. Powerful technology should support the tight collaboration and control required to effectively align tax operations to shifting priorities and manage tax data and activities cost-effectively. Look for platforms that offer you personalized integration, access to the provider’s services and solutions, seamless progress tracking, and direct connectivity with the teams behind the solutions.
The ability to track news and updates: The tax world is in a state of constant change and disruption. Your provider’s platform must make it easy for you to stay informed on news, developments, and insights that impact your business across jurisdictions in a way that is integrated, easy to digest, and actionable when appropriate.
The ability to turn data into value: Technology and tax should generate real business value. Your provider’s technology platform should seamlessly consolidate data across multiple jurisdictions, generating powerful insights that address a range of business challenges.

The ability to optimize collaboration and control

A successful tax managed services alliance hinges on shared goals, strong alignment, and seamless teamwork, where the provider team becomes a true extension of your internal tax team. Powerful technology should support the tight collaboration and control required to effectively align tax operations to shifting priorities and manage tax data and activities cost-effectively. Look for platforms that offer you personalized integration, access to the provider’s services and solutions, seamless progress tracking, and direct connectivity with the teams behind the solutions.

The ability to track news and updates

The tax world is in a state of constant change and disruption. Your provider’s platform must make it easy for you to stay informed on news, developments, and insights that impact your business across jurisdictions in a way that is integrated, easy to digest, and actionable when appropriate.

The ability to turn data into value

Technology and tax should generate real business value. Your provider’s technology platform should seamlessly consolidate data across multiple jurisdictions, generating powerful insights that address a range of business challenges.

Service

Digital Gateway GenAI. Expect More.

Harnessing the power of GenAI to transform tax

Our tax managed services offering integrates these key components as central features of our platform. Powered by strategic alliances with Microsoft and SAP, KPMG Digital Gateway is an integrated platform built to support your needs by combining the expertise of KPMG’s global network of professionals, our alliances, and our full suite of tax technologies. It offers a wealth of tools to help you navigate regulatory change, extract value from data, and streamline compliance and planning while enabling seamless collaboration across tax, finance, and beyond.

Digital Gateway serves as a portal for all our tax clients, offering access to the latest KPMG technologies, services, industry news, and insights. Bringing together our investments in machine learning, data analytics, advanced visualizations, and artificial intelligence, all powered by the rich data you already have on hand, Digital Gateway is where our employees work and our clients learn.

Key Capabilities:

One-stop access to KPMG’s full suite of tax technologies, personalized for you and your team.
Manage planning processes, workflow, and documentation across borders.
Enhance project and document management, workflows, and planning.
Transform cross-border tax compliance and reporting.
Identify and mitigate risks through modeling and scenario planning tools.

Key Benefits:

Spend less time working on your data and more having it work for you, transforming data into value.
Connect and operate efficiently on a global basis
Enhance your business activities, technologies, and data management
Balance responses to fast-moving regulatory changes with scenario-planning for future needs
Transform your business through innovative technology and a data-driven approach

Digital Gateway powers the KPMG Tax Managed Services delivery team, enhancing our speed, efficiency, and ability to stay ahead of market disruptions, technological changes, and regulatory uncertainties. When you consider the size, scope and scale of a managed services alliance, it is imperative that both the service provider and client are working together, in the same platform, to operate the tax function. Digital Gateway is that platform and serves as your personalized doorway to a world of technology solutions designed to help address today’s most challenging tax, data analytics, and business challenges. It allows you to scale with us, leverage our $5 billion investment journey in technology, people and innovation, and accelerate your digital transformation.

With tax managed services, our team becomes an extension of your tax department and our technology capabilities can be your vehicle for staying ahead of future needs. When evaluating any tax managed services provider, you should expect nothing less.