KPMG is outsourcing an AI agent to support finance teams in month-end closing activities
KPMG has launched a powerful new AI assistant designed to change the way corporate auditors and financial analysts handle month-end closing processes.
Summary
- KPMG is launching an AI-powered Financial Close Companion built on Google Cloud Gemini and integrated with Workday to automate month-end close tasks.
- The tool performs repetitive accounting work, analyzes financial data, and flags anomalies while guiding teams through a closed-plan workflow.
- The launch comes as Google Cloud is launching a $750 million fund to support enterprise adoption of agent AI through partners and consulting firms.
According to reports, the tool, called KPMG Ignite Financial Close Companion, is built on Google Cloud’s Gemini Enterprise and integrated with the Workday platform.
It is designed to handle repetitive accounting tasks, analyze financial data, identify anomalies, and flag items that may require further review.
KPMG and its partners described the program as a “digital team,” where AI works with financial experts to create a more connected and smarter reporting environment.
Brian Anderson, Workday Platform leader at KPMG LLP, said organizations often face pressure to speed up reporting cycles while maintaining accuracy.
“As organizations face pressure for fast, efficient financial reporting, the need for a streamlined and automated financial close is critical,” he said.
“By leveraging the power of Gemini Enterprise and seamlessly integrating with Workday, Agent addresses these challenges head-on and not only improves efficiency and accuracy but also saves accountants valuable time.”
He added that the collaboration will allow finance teams to complete closing cycles with more confidence while focusing on the highest value work.
It is built around ecosystem integration and workflow guidance
KPMG said Financial Close Companion is part of an integrated approach that combines its financial and AI capabilities with Workday’s business platform and Google Cloud infrastructure.
An assistant can translate natural language commands to initiate and perform month-end closing tasks, thereby reducing the need for manual intervention.
It also guides users through a systematic shutdown checklist aligned with standard protocols to help reduce errors and maintain compliance with internal policies and regulatory requirements.
Kevin Ichhpurani, president of Google Cloud’s global partner ecosystem, said the partnership shows how the “digital team” model is being used in business operations.
“By deploying Gemini Enterprise on the Workday platform, KPMG has created a state-of-the-art agent that outsources repetitive financial tasks, allowing accountants to focus on high-value strategic insights,” he said.
The release extends KPMG’s ongoing partnership with Google Cloud and Workday, as AI-driven agents continue to be embedded in everyday business processes.
The launch coincides with Google Cloud’s $750 million AI partner push
KPMG’s latest release comes as Google Cloud ramps up support for enterprise AI adoption with a newly announced $750 million fund aimed at consulting firms and technology partners.
The initiative is designed to help organizations deploy agent AI systems at scale, with open access to consulting firms, systems integrators, software vendors, and channel partners.
According to Google Cloud, the program will include tasks such as identifying AI use cases, developing and testing agent-based systems, deploying solutions, and training business teams.
It will also include deploying distributed engineers across partner organizations to help with complex operations, marking a deep push to accelerate AI deployments in the real world.
