digitalizing tax advisory with nlp · digitalizing tax advisory with nlp let ai read, interpret and...
TRANSCRIPT
Digitalizing Tax Advisory with NLPLet AI read, interpret and review your unstructured
documents for you in your tax advisory work.
The Problem in Tax
Manual data entry
work
Advising clients on tax
Documentreview &
checks
Are we spending too much time on ‘non-advisory’ work?
Why now?
Source:
Why now? “Not only will machines free up humans to take on othertasks, automating accounting processes will help improveoperations and reduce costs. And, since automation willultimately infiltrate most divisions in a company, financialleaders who embrace the change are gaining expertise thatwill make them valuable in future business processtransformations.”
“Automation would allow more people to move from acompliance role to a planning role. Meaning rather thanthinking about how to get the tax return filed properly, theycan spend their time thinking about how to save thecompany tax dollars going forward, by looking at doingthings differently.”
Why now?
What is NLP?
What is NLP? And the other AI disciplines apart from Machine Learning?
Machine Learning
NLPKnowledge
Representation
Reasoning
RoboticsPlanning
Perception
What is NLP? And the other AI disciplines apart from Machine Learning?
What is NLP? Knowledge Representation & Automated Reasoning
VS
The Solution
The Solution
…
This letter is to verify that Mr. John Tan is currently
employed at Capital Investments in our Regional
Regulatory Team. John began work on 1st August
2009, and is currently drawing a monthly salary of
$8,000 Singapore Dollars as a
C&ORC Legal and Compliance Officer for the Asia
Pacific Region
Sincerely,
Jack Phillips
Chief Operating Officer Capital Investments
…
JOHN TAN
CAPITAL INVESTM-
ENTS
C&ORC LEGAL AND
COMPLIANCE OFFICER
is employed in
works with
JACK PHILLIPS
is a
is employed in
How AI understands this information…
The Solution
Client sends across documents
iMatch automatically reads, interprets and
populates key information
(e.g. invoices, bills of ladings, export/import permits)
Data across the same set of documents is also automatically
consolidated
Data can be easily exported in the relevant excel
template
Regardless of document format, layout and structure
The Solution
Allow Accountants and Consultants to spend more time on Tax Advisory work
Automate tasks or processes whichare manual, repetitive and routine innature with semantic AI technologies.
Demo
Thank you!