Companies in the business of tax preparation face the challenging task of analyzing the exploding volume of cryptocurrency transactions to understand tax implications.
For the global firm, RSM US LLP, which offers tax, assurance and consulting services, it was taking 2 weeks to decode 200 transactions manually, with an error rate as high as 50%.
An analytics automation breakthrough now allows analysts to decode crypto and blockchain transactions in a matter of minutes.
In this upcoming webinar you will learn:
- How RSM moved from a manual work effort to reliable analytic automation
- How analytic automation reduced the time and complexity of tracking and analyzing blockchain transactions
- The potential for broader applications beyond tax-related use cases