Intelligent data preparation

In today's era of digital transformation, data preparation plays a crucial role in extracting valuable insights from large amounts of data. The intelligent preparation of data goes far beyond traditional Excel-based methods and uses advanced analysis technologies to increase efficiency and extract meaningful information.

Data is at the heart of every modern company. But raw data is often unstructured and difficult to interpret. Traditionally, data preparation in tax consulting was a time-consuming and often manual activity. Paper documents, Excel spreadsheets and various file formats made the process more difficult and increased the risk of errors. Intelligent data preparation is revolutionizing this area by enabling automated solutions with individualized analysis tools. 

Preparing data intelligently in tax consulting

• Automated data capture: By using OCR (Optical Character Recognition) technology, relevant information can be automatically captured from documents and stored in digital formats.
• Data validation and cleansing: Intelligent algorithms check the captured data for completeness and accuracy. Inconsistencies are automatically identified and corrected. Data transformation is automated with the help of customized solutions based on standard software, for example to bridge media disruptions in projects, during data migrations or in day-to-day business.
• Automatic categorization: Intelligent software can automatically categorize transactions and expenses, which significantly reduces the manual effort required to allocate financial data.
• Accounting software integration: Seamless integration of data into common accounting software is enabled through intelligent data preparation, eliminating redundant data entry and improving accuracy.

This is why intelligent data preparation is essential

• Time savings: Automation and intelligent algorithms significantly reduce the time required for data preparation, freeing up resources for more important tasks.
• Better decisions: Prepared data provides more accurate insights, leading to informed, data-driven decisions.
• Proactive analysis: Intelligent data preparation enables companies to respond proactively to trends and changes, rather than just reacting to past events.
• Cost reduction: Efficiently prepared data means less effort for manual processes and therefore lower costs for companies due to, among other things, reduced susceptibility to errors.

Showcase: Automation in the income tax environment

The key to sustainable success

In fact, intelligent data preparation is a catalyst on the road to the deeply data-driven future of the tax departments and consulting industry. Teams that utilize and develop available technologies will not only work more efficiently, but will also be able to adapt more quickly to ever-changing demands and conditions. In a world where who has data sovereignty decides, intelligent data preparation is the key to sustainable success.

We provide individual support tailored to the needs of the respective organization in order to leverage the undiscovered potential of the company's own data. During the needs analysis and tool selection process, our digitalization experts help to determine the exact need for intelligent data preparation tools. We also advise on the selection and implementation of software solutions that offer the best benefits for our clients' individual requirements. We are not restricted to individual tools, as technological openness is one of our core competencies.

When advising on data analysis, we support the interpretation of processed data and help to provide sound analyses to support strategic decisions. We also offer assistance in identifying opportunities to optimize workflows through intelligent data preparation. We also assist with the regular review and adjustment of data preparation processes to ensure they meet changing tax regulations and compliance requirements.

We also develop customized dashboards that are specifically tailored to our clients' requirements. Modern reporting and analysis tools clearly visualize data and anomaly checks so that risks can be identified at an early stage and processes can be managed efficiently.

We also design and build customized solutions based on standard software, or alternatively provide support with design and development. With training courses and workshops for employees, we ensure that the new data preparation tools can be used effectively in your company.

Customized dashboards