Podcast

GenAI for tax: Enhancing data management and compliance

Part of the Tax News & Views podcast series

In this episode of the Tax News & Views podcast, we explore the transformative impact of GenAI on tax data management and compliance. Learn from Deloitte’s experts about the importance of high-quality data, effective data governance, and practical steps for tax leaders to prepare their data for GenAI integration. Gain insights into how GenAI can streamline regulatory compliance and enhance operational efficiency.

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GenAI for tax: Enhancing data management and compliance

Explore the critical role of high-quality data in leveraging GenAI for tax departments. Host Carrie Falkenhayn is joined by Deloitte experts Sharad Jha and Jeff York to discuss essential data management strategies like identifying and cataloging global data sources, centralizing data storage, and ensuring data consistency and quality. Together, they examine how GenAI can enhance regulatory compliance by providing real-time insights, automating data classification, and enabling organizational agility. Discover practical steps for tax leaders to improve data governance and prepare for GenAI integration, ensuring their tax departments are ready to meet the demands of a dynamic regulatory environment.

For tax departments in organizations, high-quality and relevant data have always been critical, but it just becomes much more prominent when it comes to GenAI.

                                                                                                     — Sharad Jha

 

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