How KPMG Streamlined Financial Reporting and Improved Accuracy with Generative AI

By: GoBeyond Team
July 27, 2025
3 min read
AI case study for KPMG – generative AI streamlines financial reporting

Quick Overview

KPMG leverages generative AI and machine learning to automate financial reporting, generate insights, and identify discrepancies across ledger systems, reducing errors and accelerating reporting cycles.

KPMG
KPMG
Company Size
~300,000 employees (global)
Revenue Range
$40B+ annual revenue
Primary Challenge
Manual financial reporting prone to errors and slow processes
Key Metrics

- Reduced reporting errors
- Accelerated reporting cycles
- Improved data reconciliation accuracy

The Problem

Manual reconciliation and reporting were time-consuming and error-prone, limiting efficiency and accuracy.

The Solution

Implemented generative AI to automate report generation, discrepancy detection, and data reconciliation.

Results

- Fewer errors in financial reports
- Faster reporting turnaround
- Enhanced accuracy and compliance
- Reduced manual effort and operational costs

“Generative AI has transformed our financial reporting processes, making them faster and more reliable.”

Details

Industry
Professional Services & Consulting
Departments
Finance & Accounting
Use Cases
Financial Reporting
Tags
Time-Saving
AI Tools Used
No items found.
Sources
https://www.financialexecutives.org/Research/Publications/2024/AI-In-Finance-and-Accounting.aspxhttps://digitaldefynd.com/IQ/ai-in-finance-case-studies/

More Case Studies

See All
How Shell Oil Company Uses AI for Predictive Maintenance Scheduling to Reduce Downtime
Manufacturing
How DNB Uses AI Chatbot Aino to Automate Customer Service and Manage High Query Volumes
Finance & Banking
How JPMorgan Chase Leverages AI Across Banking Operations to Boost Sales, Manage Risks, and Enhance Client Experiences
Finance & Banking
How Cvent Enhances Conference Networking and Planning with AI Matchmaking and Virtual Assistance
Hospitality & Tourism
How Nike and AKQA Used AI and Machine Learning to Simulate a Virtual Tennis Match Between Serena Williams’ Past and Present Selves
Retail & E-commerce
How easyA Built AI-Powered Dashboards to Unify Finance and Fitness Data for Real-Time Insights
Finance & Banking

🤖 Chat with AI

Type...