PwC launches gen AI 'colleague' for tax functions
AI-Generated Summary
PwC India has launched 'Navigate Tax Hub', a generative AI platform designed to assist clients with tax and regulatory functions. Billed as a 'GenAI colleague', it leverages advanced AI and PwC's tax expertise to enhance efficiency, accuracy, and value for tax teams. The platform automates routine tasks such as deep research, document drafting, and analysis of complex tax matters and business transactions.
In a nutshell
This initiative underscores the increasing integration of generative AI within professional services, demonstrating how AI can streamline complex, labor-intensive tasks in specific enterprise functions like taxation. It highlights PwC's strategy to leverage technology as a catalyst for reinvention in client services.
Source: Daily Excelsior
