KPMG’s FBT Automator allows businesses to gain quantitative insights and visibility on the status of their Fringe Benefits Tax obligations.
An end-to-end FBT solution.
Fringe benefits tax compliance is still a highly manual process in many organisations. The review of internal general ledger, payroll, expense system data and third-party information is often a time-consuming and arduous process. The demanding time pressures surrounding the FBT return lodgement take a toll on resources and the organisation’s competing priorities.
KPMG's FBT Automator is designed to make this simple.
Our approach combines sophisticated data analytics, through a combination of the application of a bespoke rules-based approach specific to your FBT process, and natural language processing (NLP), with automation to streamline the compliance process and uncover financial opportunities. Coupled with the vast experience and deep insights of KPMG’s tax professionals, FBT Automator can help instil consistent and transparent procedures, and replace the highly manual process currently used to compile your organisation’s FBT return.
What insights can FBT Automator provide for FBT return preparation?
For more information, read our FBT Automator factsheet (PDF 382.5KB).
To discuss further or for a demonstration, contact one of our experts.
David P Sofrà