New visualization capabilities turn tax data into business insights
CHICAGO–(BUSINESS WIRE)–Grant Thornton LLP has equipped the 1,600 professionals in its Tax
practice with Microsoft Power BI – a data visualization tool. The move
demonstrates Grant Thornton’s commitment to innovative technologies that
Using Power BI, Grant Thornton will be able to aggregate large amounts
of data into graphs and charts that tax professionals can instantly
understand – helping them go beyond the spreadsheets that they often
“Making Microsoft Power BI available to all professionals at every level
of the tax practice reflects our belief that data is the future of tax
accounting and professional services,” said Jamie Fowler, national
managing partner of Tax Services at Grant Thornton.
Applying data visualization tools to tax data makes it easy for anyone
to understand a company’s tax position. Moreover, it can yield
unexpected business insights. “Because tax information touches almost
every aspect of a business from sales to compensation, performing data
visualizations as part of a tax engagement often provides revelations
that go beyond taxation,” added Fowler.
Power BI will complement Grant Thornton’s previous deployments of
data-visualization software – and also serve as the foundation for new
offerings. These include customized visualization sets for tax technical
specialties and industry needs, as well as individualized visualizations
to meet unique client needs.
All Grant Thornton Tax professionals are receiving extensive training in
Power BI and related efforts.
According to Oscar Osorio, Grant Thornton’s national Tax leader of
Innovation & Strategy, Power BI is one part of a wider strategy to
prepare the practice for the future. “We’re raising the collective
digital IQ of our practice with an ambitious digital experience learning
program,” he said.
For more information about Grant Thornton’s tax innovation offerings,
About Grant Thornton LLP
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Thornton LLP (Grant Thornton) is the U.S. member firm of Grant
Thornton International Ltd, one of the world’s leading organizations of
independent audit, tax and advisory firms. Grant Thornton, which has
revenues in excess of $1.8 billion and operates 58 offices, works with a
broad range of dynamic publicly and privately held companies, government
agencies, financial institutions, and civic and religious organizations.
“Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm
of Grant Thornton International Ltd (GTIL). GTIL and the member firms
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