KPMG Expands PREVA Services Across the Middle East to Enhance Financial Operations

KPMG has made a significant move to bolster its financial operations in the Middle East by expanding its PREVA service. After successfully launching PREVA in the United Arab Emirates and Oman, the service is now available in Saudi Arabia, Jordan, and Lebanon, providing essential accounting, reporting, payroll, and tax services through an innovative online platform.

PREVA, designed for businesses of all sizes, offers a comprehensive suite of financial services for a nominal monthly subscription. This allows local entrepreneurs and international investors looking to establish a regional presence to benefit from a streamlined financial operation.

The introduction of KPMG PREVA is expected to redefine how companies handle their financial transactions. By integrating advanced technologies and automation tools into their processes, KPMG PREVA seeks to enhance efficiency and accuracy, substantially reducing the need for manual interventions. This allows business owners to concentrate on strategic decision-making and growth, knowing that their finances are managed by experts.

PREVA stands out through its combination of technology and dedicated accounting professionals, all on a single, user-friendly online platform. Each client is assigned a personal account manager supported by a team of accountants and tax specialists who are accessible via phone, email, or through the platform itself, ensuring seamless communication and real-time updates.

According to Tariq Bzai, a partner at KPMG Middle East and the leader of Intelligent Accounting Solution, traditional accounting software often overlooks the needs of business owners, focusing instead on accountants' perspectives. "KPMG PREVA has been specifically designed to fill this gap, providing a strong accounting foundation that grows with businesses as they scale," he explains.

The platform simplifies accounting workflows through intelligent automation, enabling users to upload and review financial documents easily. While transaction processing is automated, qualified professionals conduct final checks to ensure accuracy. The service also includes preparing monthly reconciliations and financial reports, allowing users to access intuitive dashboards for real-time financial insights.

Moreover, KPMG PREVA offers several key advantages for companies. It operates under a single, straightforward contract that includes software licenses, hardware, and accounting services. The subscription model eliminates hourly charges, making the solution scalable for growing enterprises. Various flexible plans are available, each tailored to meet the specific needs of businesses at different growth stages.

To learn more about KPMG PREVA and explore how this innovative solution can benefit your business, visit kpmg-preva.com.

Topics Financial Services & Investing)

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