{"id":30336,"date":"2025-05-08T04:26:14","date_gmt":"2025-05-08T11:26:14","guid":{"rendered":"https:\/\/essential.construction\/news\/kpmg-rolls-out-ai-powered-tool-for-mitigating-tariff-risks\/"},"modified":"2025-05-08T04:26:14","modified_gmt":"2025-05-08T11:26:14","slug":"kpmg-rolls-out-ai-powered-tool-for-mitigating-tariff-risks","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/kpmg-rolls-out-ai-powered-tool-for-mitigating-tariff-risks\/","title":{"rendered":"KPMG rolls out AI-powered tool for mitigating tariff risks"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><\/p>\n<p>            <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/images\/audio_icon.svg?482016190122\" alt=\"-\"><\/p>\n<p>        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">3 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/res.cloudinary.com\/dmgi9movl\/video\/upload\/q_1\/v1746642012\/news\/text_to_speech\/kpmg-ai-tariff-tool_zyhrbb.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<h3>Dive Brief:<\/h3>\n<ul>\n<li><span><span><span>KPMG has rolled out a new tool designed to help clients navigate \u201can increasingly complex trade and tariff landscape,\u201d the Big Four accounting and consulting firm <a rel=\"nofollow noopener\" href=\"https:\/\/kpmg.com\/us\/en\/media\/news\/tariff-modeler-2025.html\" target=\"_blank\">said in a May 1 release<\/a>.\u00a0<\/span><\/span><\/span><\/li>\n<li><span><span><span>The tool, which is powered by generative artificial intelligence and featured on KPMG\u2019s Digital Gateway platform, allows users to simulate potential tariff scenarios and visualize impacts on global supply chain operations, among other capabilities, according to a <a rel=\"nofollow noopener\" href=\"https:\/\/kpmg.com\/us\/en\/capabilities-services\/tax-services\/international-tax-trade-and-transfer-pricing\/trade-customs\/kpmg-tariff-modeler.html\" target=\"_blank\">company description<\/a>.<\/span><\/span><\/span><\/li>\n<li><span><span><span>\u201cBusinesses across every industry are confronting significant challenges as they move quickly to adapt their trade strategies to tackle tariff disruption,\u201d\u00a0George Zaharatos, KPMG\u2019s g<\/span><\/span><\/span>lobal data and technology leader, said in an email. \u201cWith our AI-powered platform, we\u2019re helping clients firm-wide at unprecedented speed, underscoring the imperative of acting swiftly in response to these impactful trade policies.\u201d<\/li>\n<\/ul>\n<h3>Dive Insight:<\/h3>\n<p><span><span><span>Global consulting firms are ramping up their use of AI to boost internal capabilities while also enhancing the services they provide to enterprise clients.<\/span><\/span><\/span><\/p>\n<p><span><span><span>Last month,\u00a0KPMG announced the <a rel=\"nofollow noopener\" href=\"https:\/\/kpmg.com\/xx\/en\/media\/press-releases\/2025\/04\/kpmg-advances-ai-integration-in-kpmg-clara-smart-audit-platform.html\" target=\"_blank\">integration of AI agents into Clara<\/a>, the firm\u2019s global smart audit platform. That move, the company says, will enable more than 95,000 auditors globally to automate routine tasks.<\/span><\/span><\/span><\/p>\n<p><span><span><span>In March, competitor Deloitte unveiled a new suite of <a rel=\"nofollow noopener\" href=\"http:\/\/www.cfodive.com\/news\/deloitte-hpe-team-up-to-offer-ai-agents-for-finance-teams\/743011\/\" target=\"_blank\">\u201cready-to-deploy\u201d<\/a> AI agents designed to automate workflows across business functions, including financial management.<\/span><\/span><\/span><\/p>\n<p><span><span><span>And PwC said in March that it was rolling out a platform designed to help enterprises with <a rel=\"nofollow noopener\" href=\"https:\/\/www.pwc.com\/us\/en\/about-us\/newsroom\/press-releases\/pwc-launches-ai-agent-operating-system-enterprises.html\" target=\"_blank\">operating multi-agent business processes<\/a> at scale.\u00a0<\/span><\/span><\/span><\/p>\n<p><span><span><span>KPMG\u2019s new tariff tool can help with complex analyses that play a role in mitigation strategies a CFO might choose to adopt, a<\/span><\/span><\/span><span><span><span>ccording to Andrew Siciliano, global and U.S. head of trade and customs at KPMG.\u00a0<\/span><\/span><\/span><\/p>\n<p><span><span><span>\u201cFor example, just because a product is shipped from China, doesn\u2019t mean the country of origin is China,\u201d Siciliano said in an email. \u201cDetermining country of origin is important as a tariff applies to an import based on the country that the goods originated from.\u201d<\/span><\/span><\/span><\/p>\n<p><span><span><span>More than 100 Fortune 500 and top private equity clients are already implementing the tool to prepare for and respond to ongoing trade policy changes, KPMG said in its press release.<\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/kpmg-ai-tariff-tool\/747429\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive &#8230; <a title=\"KPMG rolls out AI-powered tool for mitigating tariff risks\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/kpmg-rolls-out-ai-powered-tool-for-mitigating-tariff-risks\/\" aria-label=\"Read more about KPMG rolls out AI-powered tool for mitigating tariff risks\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-30336","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=30336"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30336\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=30336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=30336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=30336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}