Revolutionizing Tax: The tax department’s GenAI journey

Revolutionizing Tax: The tax department’s GenAI journey

As data expectations continue to rise, it has never been more important for tax departments to modernize to keep up with demands. From Tax News & Views comes, Revolutionizing Tax, a new series exploring GenAI’s impact on tax departments including legislative navigation, data management, workflow optimization and more. In this first episode, Deloitte Tax Technology leaders RJ Littleton and Ben Barudin discuss what’s been happening in the GenAI landscape, including specifically within tax; barriers to deploying GenAI; and what tax leaders can be doing to start their GenAI journeys:

A lot of the exploration that companies have done over the last year has allowed them to see that all of this comes back to a data-centric universe. Not really a surprise, but seeing your own data, or maybe the lack of quality data, through a process toward potential benefit, makes it easier for companies to see ‘Oh, if we don’t have our data in order, this isn’t going to work.

                                                                                                     —Ben Barudin       

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