Turn complexity into clarity with trusted generative AI

Tackle some of the most manual and resource-intensive tax processes and turn them into catalysts for innovation and efficiency. See how trusted generative AI from two industry leaders can transform your tax team and your broader business.



Modernizing tax functions through the combined tax experience and AI innovation of the EY–IBM Alliance

EY.ai for tax, built with IBM watsonx®, helps enable workflow automation and unlocks data-driven insights for tax leaders and teams.



Capabilities of EY.ai for tax, built with IBM watsonx

EY.ai for tax, built with IBM watsonx, helps enable workflow automation and unlocks data-driven insights for tax leaders and teams.

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EY and IBM are changing how businesses approach tax compliance and reporting with an enterprise-grade generative AI agent for scaling productivity and delivering greater business value.

Emerging regulatory complexity, increasing requirements from internal stakeholders, and budget constraints are creating more pressure for tax leaders to do more with less than ever before. But many tax teams are already overwhelmed with core, laborious compliance tasks.


Generative AI is often framed as a tool for handling repetitive or mundane tasks. But what about its ability to automate processes and decisioning for some of the biggest data challenges tax teams are facing?

In fact, findings from the latest EY Tax and Finance Operations survey showed that tax personnel spend nearly half of their time — 45% to be exact — on data gathering and wrangling for routine compliance activities. What’s more, emerging regulations are both increasing data requirements and reducing the time that tax has to compile and analyze data for reporting.

The EY + IBM Alliance tax team wondered how generative AI could be used to solve key data challenges for tax.


Photographic portrait of Kanthimath Morrissey

EY teams were key in helping us change our approach to AI use cases in tax compliance. They convinced us of the role AI can play in process automation and not just textual support to reading contracts or writing responses to tax authorities.

Kanthi Morrissey
Chief Tax Officer, IBM

Enterprise-grade generative AI for enterprising tax teams

Working together in a groundbreaking relationship, EY and IBM have developed EY.ai for tax, built with IBM watsonx, which is poised to transform how tax departments function.

Streamline tax operations through AI

Achieving and maintaining meaningful improvements in efficiency and quality has required constant, substantial effort and investment. However, EY.ai for tax, built with IBM watsonx, removes the data-related roadblocks that prevent workflow automation, can provide advisory on demand, and makes it possible for tax teams to do more with less. It can analyze the millions of rows in a full data set quickly and accurately. What’s more, it can find and fix the historical errors that, left alone, could result in local audits by regulatory authorities. With EY.ai for tax, built with IBM watsonx, teams can reallocate the time they would have spent manually reviewing some small percentage of that data to more strategic endeavors.


How tax leaders are implementing AI

 

Tax and finance leaders face rising pressures. See how agentic AI can transform tax operations through smart, repeatable workflows.