Bloomberg Tax Workpapers Earns Gold Stevie® for Innovative AI Features
Bloomberg Tax Workpapers Wins Prestigious Gold Stevie® Award
In a remarkable recognition of technological advancement, Bloomberg Tax & Accounting has announced that its innovative features in Bloomberg Tax Workpapers have earned the coveted Gold Stevie® Award in the Financial Management Solution category during the 23rd Annual American Business Awards. This victory not only underscores the excellence of Bloomberg's services but also signifies the growing importance of artificial intelligence in modern tax management.
A Leap Forward in Tax Management
The award-winning enhancements introduced to Bloomberg Tax Workpapers include the AI Expression Generator, which revolutionizes how tax professionals handle complex calculations and workflows. This tool is designed to simplify user interactions by allowing inputs in natural language, thereby generating accurate formulas that tackle typical pitfalls such as manual errors and confusion over function choices.
Evan Croen, head of Bloomberg Tax Accounting, stated, "Receiving this Gold Stevie Award underscores our dedication to equipping tax professionals with the most robust tools available." These advancements aim to reduce the burden of manual tasks, thus allowing tax professionals to allocate more time to strategic initiatives that add greater value to their businesses.
Driving Efficiency Through Integration
Alongside the AI Expression Generator, Bloomberg Tax Workpapers has developed strengthened integrations with both Bloomberg Tax Fixed Assets and Bloomberg Tax Provision. These connections automate data preparation processes, enhancing transparency and audit efficiency. It caters to a broad spectrum of business requirements, ensuring that clients can better manage their tax workflows with scalability and control.
The significance of receiving a Gold Stevie Award can be illustrated by the sheer competitiveness of this year's program, which saw over 3,600 entries submitted from various sectors. The American Business Awards are renowned as the foremost business awards program in the United States, aptly nicknamed