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Stock impact report

KPMG unveils AI assistant to support month-end financial close [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG) 
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US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: Yahoo! Finance
The assistant, dubbed KPMG Ignite Financial Close Companion, is built on Google Cloud's Gemini Enterprise and embedded within the Workday platform. It is designed to take on repetitive accounting work, review and interpret financial information, locate irregularities and flag items that may require attention. The partners described the model as a type of “digital teammate” in which AI systems operate alongside finance staff to deliver a “more connected, intelligent financial reporting system”. KPMG LLP Workday Platform leader Brian Anderson said: “As organisations face pressure for faster, more efficient financial reporting, the need for a streamlined and automated financial close is critical. “By harnessing the power of Gemini Enterprise and integrating seamlessly with Workday, the agent directly addresses these challenges and not only enhances efficiency and accuracy but also saves valuable time for accountants. “This collaboration allows finance teams to close faster wit Show less Read more
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