KPMG Is Testing a New AI-Powered Tax Simulation Tool - Business Insider

Even the big firms are figuring this out as they go.

KPMG is testing an AI tool right now — not to replace their tax staff, but to retrain them. Because AI is handling the repetitive work, so their people need new skills. A firm with thousands of employees and unlimited budget is still in trial mode.

You're not behind. You're exactly where everyone else is.

That $200/month tool collecting dust isn't proof you're bad at this. It's proof you got sold a solution before anyone diagnosed your actual problem. That's on the vendor, not you.

Here's what KPMG's approach quietly confirms: the companies getting value from AI aren't buying tools and hoping for the best. They're identifying one specific repetitive task first, then finding a tool built for exactly that task.

That's the whole playbook. One task. One tool. Prove it works.

This week, write down the one thing your team does repeatedly that takes longer than it should. That single answer tells you exactly where your first AI win lives — without touching anything that already works.

What's the one task on your team that eats the most time for the least value? Drop it below — I'll tell you if there's a proven tool that handles it.

#AIStrategy #SmallBusiness #BusinessGrowth #AIImplementation

Original Source

As AI takes on more rote work, KPMG is testing a simulation tool to train staffers who don't spend as much time doing old-school tax prep.