How does
KPMG
Use AI?
Improves decision-making and reduces analysis time
Project Overview
Supporting audit, tax, and advisory services by extracting insights from unstructured data.
Layman's Explanation
KPMG’s AI scans piles of business documents and pulls out what matters most—so consultants and auditors can make smart calls faster.
Details
KPMG leverages AI, especially natural language processing, to analyze large volumes of unstructured data—such as contracts, emails, and financial documents—to assist in audits, tax assessments, and strategic consulting. The AI identifies key risks, trends, and anomalies, enabling professionals to focus on higher-value tasks while improving the accuracy and speed of insights. This enhances the firm's ability to deliver informed recommendations and comply with regulatory requirements more efficiently.
Analogy
It’s like giving your accountant X-ray vision to instantly spot red flags in a mountain of paperwork.
Machine Learning Techniques Used
More Use Cases in
Finance
Novelty Justification
NLP for extracting insights from unstructured data is now standard in consulting and audit.
Project Estimates
