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KPMG's New Tax Data Reader Tool Automates Analysis Of Financial Data, Simplifying Tax Filing Season


KPMG s New Tax Data Reader Tool Automates Analysis Of Financial Data, Simplifying Tax Filing Season
Firm receives patent on natural language processing and character recognition technology
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NEW YORK, April 1, 2021 /PRNewswire/ As companies continue to struggle with synthesizing and understanding enormous amounts of data, especially financial data, and remaining tax compliant, KPMG LLP today announced it was granted U.S. Patent No. 10,922,358 for its Tax Data Reader innovation. This tool rapidly extracts relevant information from lengthy tax reporting forms and seamlessly plugs it directly into tax returns, saving time and money while reducing human error; a timely innovation as the 2021 tax filing deadline approaches. ....

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KPMG announces FY20 revenue of US$29.22 billion - Press Release


KPMG announces FY20 revenue of US$29.22 billion
LONDON (Business Wire) Through a year of economic and social turbulence, KPMG International today announced KPMG firms’ annual aggregated revenues of $29.22 billion for the fiscal year ending 30 September 2020. FY20 growth had a strong start with gross revenue growth slowing in the second half of the year. Overall billable hours and net sales increased throughout the financial year as firms continued to support clients in their response to the COVID-19 crisis.
Strong demand for Regulatory Driven Transformation, Cyber and Legal Services.
KPMG announced its intent to become a net-zero carbon business by 2030, as part of its continued focus on delivering growth in a sustainable way. ....

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