Uber rethinks the rules of the road. Again.
KPMG’s flexible, listen-to-design approach extends a legacy of tax technology innovation.
Client
Uber
Sector
Technology
Project
Global tax outsourcing
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In 2020, the worldwide business impact of COVID-19 in early 2020 surfaced seemingly irreconcilable priorities: How to maintain commitments to investment in tax technology that support Uber’s long-term growth, with shorter-term demands for rigorous cost management to protect liquidity. True to its “make-the-impossible-happen” history, Uber chose both. Find out how KPMG helped deliver value -- today, and for the Uber of tomorrow.
We didn’t want to have to choose between investment in technology innovation and operational savings.
With KPMG’s help, we were able to do both.
François Chadwick
Former VP, Finance, Tax & Accounting - Uber Technologies, Inc.
Business Challenge
Supercharging technology excellence
Uber had effectively curated a center of tax technology excellence, of which it is justifiably proud. To take the company forward, Uber wanted a one-source advisor that could:
1
amplify its own technology achievements;
2
demonstrate fluency in advanced data, analytics, and reporting; and
3
balance global tax perspective with local-market compliance execution.
KPMG Response
Listen, learn, design
KPMG’s Tax Reimagined team listened closely, configured accordingly, and delivered rapidly.
The company’s core competency of tax technology innovation remains protected, its mission affirmed.
Complementary KPMG strengths in tax data compilation, analytics and reporting – configured to Uber’s requirements – act as digital force-multipliers and deliver cost efficiencies.
The Result
Value delivered today, for the Uber of tomorrow
Uber Tax has strengthened its value creation role within the enterprise and to the C-suite.
And while the immediate benefit of the Uber-KPMG relationship is a Tax operations model optimized for efficiency and compliance effectiveness today, the parallel focus is value for the Uber of tomorrow.
Dive into our thinking:
Uber rethinks rules of the road. Again.
Download PDFMeet our team
Brett Weaver
ESG Tax Leader, KPMG US
Sean Bloodwell
Partner, Head of Global Tax Compliance Management Services, KPMG US
Brett Weaver
ESG Tax Leader, KPMG US
Sean Bloodwell
Partner, Head of Global Tax Compliance Management Services, KPMG US