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Meet KymTax: KPMG’s AI tool can do a day’s mundane tasks in an hour

Tess Bennett
Tess BennettTechnology reporter

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KPMG’s 1000-strong team of local tax professionals will get access to KymTax from Tuesday, a custom-built generative artificial intelligence tool that will act as a research assistant to help draft client advice.

The AI tool combs through KPMG’s internal tax documentation, tax legislation and the ATO’s legal database to produce a first draft of advice that answers specific questions on recent tax issues.

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/meet-kymtax-kpmg-s-ai-tool-can-do-a-day-s-mundane-tasks-in-an-hour-20240607-p5jk46