Following its successful implementation in the United Arab Emirates and Oman, KPMG is now expanding its PREVA digital accounting solution to Saudi Arabia, Jordan, and Lebanon. This strategic expansion aims to provide businesses in these markets with a comprehensive, technology-driven financial management platform that simplifies accounting, payroll, tax compliance, and reporting.
KPMG PREVA is designed to cater to large enterprises, SMEs, and entrepreneurs, offering a flexible, subscription-based model that ensures affordability while delivering high-quality financial services. The platform is particularly beneficial for international investors looking to establish regional headquarters or branches in countries where PREVA operates.
Leveraging advanced automation and AI-driven tools, KPMG PREVA enhances efficiency and accuracy in financial transactions, minimizing manual intervention. This allows business owners and leadership teams to focus on strategic decision-making while ensuring that their financial operations are handled by expert accountants.
Each client is assigned a dedicated account manager, bookkeeper, and a team of accountants, accessible via phone, email, or the PREVA application. Through an intuitive real-time dashboard, businesses gain comprehensive financial insights, accessible from any device, facilitating seamless management of their financial operations.
Tariq Bzai, Partner and Intelligent Accounting Solution Leader at KPMG Middle East, emphasized the business-first approach of KPMG PREVA, stating:
“Traditional accounting software often overlooks the needs of business owners, focusing instead on accountants and tax professionals. KPMG PREVA is designed to bridge this gap, providing CEOs, founders, and leadership teams with an accounting foundation that scales as their business grows.”
Key Advantages of KPMG PREVA
- Automated yet Human-Assisted: Transactions are reviewed through automation, with accountants performing final checks.
- Personalized Financial Support: Clients receive dedicated account managers for tailored assistance.
- Real-Time Financial Insights: Access to real-time dashboards for a clear overview of financial performance.
- Flexible Subscription Plans: Flat-rate monthly pricing with no hourly fees, ensuring cost-effectiveness.
- Comprehensive Service Model: A single contract covering software licensing, hardware, and accounting services.
With this expansion, KPMG PREVA is set to redefine how businesses across the Middle East manage their financial operations, offering a scalable, technology-driven solution that empowers companies to navigate financial complexities with confidence.
