introduction

KPMG’s tax management reform service team launched the “ Science and Technology Empowerment Tax Comes Away A series of articles to share our experience and insights with our clients on various tax management improvement and informatization construction projects. In the previous article, we have shared with readers on the exploration road to improve the tax control of real estate enterprises, the construction of tax management system, tax information planning, demand analysis, and tax-related data governance. After completing the above work, the system development and implementation work can be carried out in accordance with the planned path and steps, and the phased goals of each stage can be implemented. It should be said that in the entire process of tax informatization construction, development and implementation is the link with the longest cycle, the most complicated process, the most involved parties, and the most difficult management and control. It is also the most challenging link. This article will focus on sharing the relevant development and implementation Work experience and insights.

The main work of development and implementation

The main work of development and implementation can generally be divided into the following figure. If the construction is divided into multiple phases, except for the one-time work of the first phase of product selection, other work needs to be carried out in each phase.

Figure 1: The main work of development and implementation

product model

Product selection is a very critical task. To a certain extent, it determines whether the subsequent construction process can proceed smoothly and whether the expected goal can be successfully completed.

Figure 2: Difficulties in product selection

Product selection requires a comprehensive review of the comprehensive strength of the service provider, including visibility and reputation, understanding of tax informatization, product technology level and maturity, implementation experience accumulation, continuous operation ability and follow-up operation and maintenance guarantee ability, and the structure of assigned project team personnel And stability, etc. Unfortunately, in addition to the mature value-added tax invoice management products on the market, there are no standardized products that can well meet the tax declaration and management needs of large group companies. It can even be said that there are mixed good and bad, which undoubtedly increases the selection work. It has become more difficult, so that there are many failure cases, such as:

• An enterprise had a lack of understanding of the tax business by the service provider, and the designed technical solution had defects, and it could not be promoted after the first phase of trial operation, and the second phase had to be re-selected;
• Due to problems in data sorting, business plan, system architecture, etc., a certain company did not achieve the expected construction results of the system, and the project construction was difficult to proceed normally;
• An enterprise seems to go online successfully, but for each collection period, the tax handler calculates the result offline and then sends the result to the service provider’s operation and maintenance personnel to check and modify the data. Once the operation and maintenance personnel withdraw, the system cannot operate normally;
• An enterprise lost its operation and maintenance guarantee due to the failure of a service provider, and was unable to respond to the tax bureau’s revision of the declaration form, and the system lost its vitality.

For companies considering self-research, if the IT team has zero foundation and zero experience in tax industry products and solutions, the risk is also high, and full evaluation and prudent decision-making are required.

In addition, some companies may have built some tax modules in the early stage. If it is not clear in the informatization planning stage whether these early-built modules will continue to be used or discarded, the candidate products can be combined in the product selection stage to further demonstrate the decision.

System scheme design, development and testing

The system scheme design is to design the overall architecture of the system according to business requirements, determine the realization method of each function, and form a knowledge document of the specific realization of the system to guide the subsequent development and implementation work. The system plan design should focus on tax characteristics, such as the different principles of tax laws of various tax types, the differences in tax calculation rules of each business segment, the rapid changes in tax policies, and the differences in local policy implementation calibers, so as to improve the flexibility, ease of use and maintainability of the system.

Development testing is to write specific code and verify whether the business requirements are correctly and completely realized. Development and testing is a stage prone to delays and quality risks. Enterprises must strengthen the management of schedule and quality.

Online preparation, pilot operation, promotion

The focus of online preparation, pilot and promotion includes: formulating business specifications, writing operation manuals, organizing user training; collecting initialization data, making system initialization configuration; formulating pilot and promotion implementation plans, transitional plans, and orderly organizing and promoting the pilot and promotion work.

At the same time, after the system is online, it is necessary to actively follow up user feedback, and comprehensively collect, organize records and respond to the problems encountered in the use process and the opinions and suggestions put forward.

Evaluation item

After a period of operation and use, the system summarizes the work of each stage of design, development, and implementation, evaluates whether the project construction results meet the planned target requirements, and conducts inventory, liquidation, and filing of the assets formed by the project.

Common misunderstandings in development and implementation

In recent years, many large enterprises have been exploring the construction of tax informatization and have achieved good results. However, there are also some unsuccessful cases. Generally speaking, they still have insufficient understanding of the characteristics and difficulties of tax informatization and accidentally stepped on them. Pit.

Figure 3: Common misunderstandings in the construction of tax informatization

Specific to the development and implementation stage, the most common and most influential three misunderstandings are as follows:

Information construction is a matter for the IT department, and the taxation department is insufficiently involved: Some corporate tax departments lack the right to speak in the information construction work, or they rarely participate because they don’t understand IT technology, which ultimately leads to the fact that the selected products, design schemes, and developed functions do not meet business needs and are not easy to use. Series of questions. We suggest that the tax department must take the initiative and actively participate in the whole process, proceed from its own needs, and control the pace and quality of construction.

Don’t pay attention to the system scheme design, no design documents: We often hear voices such as “The project is tight and there is no time to design”, “The design document is useless, there is time to write the document, and the development is over long ago.” We also encountered the IT team in a case and even said ” Refusal to disclose the system scheme on the grounds of “patent secrecy”, the result was that the system had been developed for half a year, but it was a “four dissimilarity” and had to be overthrown and restarted. We suggest that the design plan and the written document must be taken seriously, and full discussion, confirmation and review should be done with related parties. For example, tax declaration, how the system can be parameterized, configurable, and expandable to flexibly cope with the aforementioned difficulties must be clearly thought out and explained before starting to write code.

Once the system is online, you’re done: The online system does not mean that the informatization construction task is completed. The key to whether the informatization construction achieves the target effect depends on whether it is used well after it is online. Therefore, the follow-up system operation guarantee and optimization are also key tasks. In addition, in the process of development and implementation, sometimes some difficult problems are temporarily put on hold. After the system is online, these remaining problems should be continued to be solved. Don’t selectively ignore and plant a mine on the system.

KPMG’s tax information services

In order to better help companies develop tax informatization work, while considering the needs of different companies, KPMG can provide flexible and diverse tax informatization services, including informatization planning, informatization business consulting, tax-related data governance, system development and implementation or Provide business support and project supervision to the company’s own/third-party IT team.

Figure 4: KPMG tax information services

to sum up

The construction of tax informationization is a big project. It will not only cost a lot of money, but also the process will be complicated and the cycle is long. Among them, development and implementation are the most difficult. It is recommended that enterprises manage the entire construction process as a project, invest superior resources, and use scientific The project management method carries out comprehensive management and control, including planning, organization, command, coordination, and control to better achieve the planned goals and ensure the best overall effect.

The content of this article is for general reference only, and is not provided for any individual or specific situation of any individual or group. Although we have endeavoured to provide accurate and timely information, we cannot guarantee that the information will remain accurate when you receive it or in the future. No one should act in accordance with the content contained in it without carefully considering the relevant circumstances and obtaining appropriate professional advice. All the content provided in this article should not be considered as formal audit, accounting or legal advice.

©2021 KPMG Huazhen Certified Public Accountants (Special General Partnership), KPMG Consulting (China) Co., Ltd. and KPMG Certified Public Accountants are all associated with KPMG International Limited (“KPMG International”), a private UK company limited by guarantee. KPMG International does not provide any customer service. Each member firm is its own independent legal subject, and so is its description of itself. KPMG Huazhen Certified Public Accountants (Special General Partnership)-a Chinese partnership accounting firm; KPMG Consulting (China) Co., Ltd.-a Chinese limited liability company; KPMG Certified Public Accountants-a Hong Kong partnership firm. All Rights Reserved. KPMG’s name and logo are trademarks or registered trademarks of KPMG International.

Prior to this, Liu Qingfeng, chairman of iFLYTEK, said in a speech at the “Sixth China Manufacturing Power Forum” that artificial intelligence will begin to replace existing jobs in a large amount in the next 5-10 years, and machines are playing a role in more and more fields. Has been recognized by the industry and the general public.

For example, in medical care, iFlytek’s intelligent medical assistant based on artificial intelligence technology has passed the national medical qualification examination. According to the data given during the two sessions this year, there are only 300,000 doctors with general practice qualifications in my country, and there are probably more than 3 million doctors with qualification certificates. After the wise medical assistant passes the exam, he can become a general practitioner’s assistant.

Up to now, HKUST Xunfei Smart Medical Assistant has provided a total of 170 million diagnosis and treatment services, covering more than 200 counties and districts across the country, increasing the basic diagnosis and treatment capacity to more than 90%. The most important of these is that intelligent medical assistants can automatically detect major infectious diseases and dangerous diseases, including 40 legal infectious diseases and 15 key diseases. Machines can automatically carry out investigations on the front line, and can be detected by human doctors. The alarm starts automatically.

Benefit from the advantages of artificial intelligence in the medical field. In 2020, HKUST Fei’s smart medical business revenue was 313 million yuan, an increase of 69.25% year-on-year, and this increase, in 2021 and beyond, will follow the country’s intelligent prevention and control of infectious disease discovery systems and intelligentization. The great importance of universal medical care has seen a higher rise.

In addition, another field that can be directly felt by ordinary people and achieved excellent results in artificial intelligence is wisdom education.

Up to now, the iFLYTEK Smart Education System has been widely used in 31 provinces and cities across the country, serving more than 38,000 schools across the country, benefiting more than 100 million teachers and students.

It is understood that the use of the iFLYTEK Education System of HKUST can reduce students’ invalid exercises by more than 49%, teacher preparation time is reduced by an average of 53%, homework correction time is reduced by an average of 42%, and classroom efficiency is improved by at least 30%; using big data for “precision” After the teaching, the number of questions for students in Hefei No. 6 High School Mathematics has been reduced from 60 questions per week to 20 questions, the time to master knowledge points has been shortened by about 30%, and the repetitive error rate has been reduced by about 16%. By correcting the questions and doing well, the mathematics scores of all-level students increased by about 12% month-on-month.

In 2020, iFLYTEK’s smart education business revenue was 4.019 billion yuan, a year-on-year increase of 70.68%, accounting for 30.86% of operating income.

At the same time, the financial report shows that in 2020, other businesses of HKUST will also develop steadily, with a considerable growth rate. Among them, the open platform was 1.921 billion yuan, a year-on-year increase of 66.42%, and its proportion in operating revenue increased from 11.45% last year to 14.57%.

It is precisely because of the increasing role of artificial intelligence in various fields that Liu Qingfeng believes that in some typical industries, artificial intelligence will largely replace existing jobs in the next 5-10 years. The development of artificial intelligence will also shift from empowering products to empowering enterprises to transform and upgrade.

According to Liu Qingfeng, the digital transformation of enterprises can be roughly divided into three levels:

The first is networking, which mainly solves early tasks such as remote network office, remote control, and corporate Internet publicity.

The second is digitization. After a large amount of data is gathered in the background, unified modeling can be carried out, which can provide more help to enterprises in manufacturing and business decision-making.

The third is to further improve the production efficiency and operating capabilities of the structured data through the deep learning of artificial intelligence, so that the enterprise can reach a new level.

At the same time, Kuaishou announced that it fully supports the upload and playback of panoramic videos, and will simultaneously release the monthly panoramic video hotspot list to enhance creators’ audio and video experience on the Kuaishou platform.

According to Zeng Fanping, the head of Kuaishou Audio and Video Center, more than 30 million short videos are uploaded every day in Kuaishou, and Kuaishou’s live broadcasts reached 1 billion in the first half of 2020, and creators have strong enthusiasm for production. In order to further enhance the audio and video experience of creators and meet the needs of more diverse content creation, Kuaishou has released its accumulated audio and video technology and experience through tools to creators, and launched two new products, Kuaishou Cloud Clip and Kuaishou Cloud Live Broadcast. Technology empowers creators and helps creators produce content more efficiently.

New release of Kuaishou Cloud Clip, cloud editing helps content creation more professional and efficient

In order to meet the more professional and diverse needs of content creators, Kuaishou has released a new product Kuaishou Cloud Clip. It is reported that Kuaishou Cloud Clip is an easy-to-use, efficient, and collaborative cloud editing tool for professional and quasi-professional creators such as professional self-media, MCN agencies, and media agencies.

Zeng Fanping introduced that Kuaishou Cloud Scissors are simple and easy to use, professional in functions, rich in materials, intelligent and efficient. In terms of ease of use, creators do not need to download the software, open the browser to use, the operating experience is similar to commonly used PC software, and because it is a web-side product form, it is especially suitable for sharing and collaboration between multiple members of the team; professional functions On the other hand, it supports multi-track editing and frame-level accuracy, and the functions cover almost all the functions in short video editing. At the same time, it has rich materials, which aggregates rich copyright music, stickers, flowers, special effects and other materials. Open up a large amount of high-quality copyrighted content in Kuaishou for creators to make second creations in the cloud.

In addition, based on the latest audio and video enhancement algorithm capabilities developed by Kuaishou, Kuaishou Cloud Clip also provides a series of smart tools such as smart cover, automatic dubbing, automatic subtitles, image quality enhancement, video debounce, and automatic horizontal screen to vertical screen conversion.

Kuaishou Cloud Live Broadcast debuts, providing a professional and powerful new cloud live broadcast experience

Another brand-new product of this conference, Kuaishou Cloud Live, can provide creators with OBS and other professional equipment streaming, real-time directing, live editing, multi-platform retweet and other capabilities.

It is worth noting that the live editing capability provided by Kuaishou Cloud Live enables you to edit while live broadcasts, and release highlights from the live content as Kuaishou works, bringing more exposure to live broadcast rooms and accounts.

Zeng Fanping also announced that Kuaishou will fully open its live broadcast capabilities, making it easier for creators to use Kuaishou cloud live broadcast at a lower cost. Kuaishou has access to sports cameras, panoramic cameras, drones, encoders, etc. through open live broadcast OpenAPI, and a total of 140 cooperations. Partner, and currently supports 4K ultra-high-definition and panoramic content access. In the future, Kuaishou will work with more partners to bring ultra-high-definition visual experience and immersive look and feel to hundreds of millions of Kuaishou users.

The audio and video experience is further upgraded and fully supports panoramic video upload and playback

At present, Kuaishou’s overall daily activity exceeds 300 million, and live broadcast daily activity exceeds 170 million. The “short video + live broadcast” ecosystem continues to prosper. In order to provide content creators and users with a better experience, Kuaishou is constantly optimizing technology. According to Zeng Fanping, Kuaishou is the first domestic short video platform that supports 1080P high resolution, 60 frames high frame rate, and HDR high dynamic range at the same time. The optimized application of technology has further improved the video quality of the platform, and also allowed Kuaishou users and creatives. People have a better audio and video experience.

In order to provide creators with more diverse gameplay, Kuaishou also fully supports panoramic video upload and playback; at the same time, Kuaishou will also update the list of panoramic video hotspots every month to build a bridge between panoramic video creators and target user groups.

In fact, panoramic video, as a video format that can be viewed in 360 degrees, has already shown a strong “power of attracting fans” on the Kuaishou platform. For example, CCTV released a panoramic video showing the border post of the motherland in Kuaishou, with nearly 10 million views; Kuaishou “VR Love Play Technology”, the highest number of views reached 66.38 million within 10 days of the release of the work; and insta360 winged flight The broadcast volume has exceeded 26 million, and the Forbidden City panoramic live broadcast has been watched by more than 10 million people.

At present, “short video + live broadcast” has become an important content form and monetization method for individual or professional institution creators. The launch of Kuaishou Cloud Clip and Kuaishou Cloud Live will further improve the Kuaishou short video and live broadcast product matrix, realizing the full range of multi-level needs from non-professional to quasi-professional and professional creators from convenient and fast to professional processing. Coverage, to provide content creators with more efficient creation tools.

Upstream News·Chongqing Evening News reporter Gu Li and intern Chen Qiulin

At the same time, Kuaishou announced that it fully supports the upload and playback of panoramic videos, and will simultaneously release the monthly panoramic video hotspot list to enhance the audio and video experience of creators on the Kuaishou platform.

Zeng Fanping, the head of Kuaishou Audio and Video Center, introduced that as a pioneer in the short video industry, Kuaishou has more than 30 million short videos uploaded every day. In the first half of 2020, Kuaishou’s live broadcasts reached 1 billion times, and the creators are very strong. Production enthusiasm. In order to further enhance the audio and video experience of creators and meet the needs of more diverse content creation, Kuaishou has released its accumulated audio and video technology and experience through tools to creators, and launched two new products, Kuaishou Cloud Clip and Kuaishou Cloud Live Broadcast. Technology empowers creators and helps creators produce content more efficiently.

New release of Kuaishou Cloud Clip, cloud editing helps content creation more professional and efficient

In order to meet the more professional and diverse needs of content creators, Kuaishou has released a new product Kuaishou Cloud Clip. It is reported that Kuaishou Cloud Clip is an easy-to-use, efficient, and collaborative cloud editing tool for professional and quasi-professional creators such as professional self-media, MCN agencies, and media agencies.

Zeng Fanping introduced that Kuaishou Cloud Scissors are simple and easy to use, professional in functions, rich in materials, intelligent and efficient. In terms of ease of use, creators do not need to download the software, open the browser to use, the operating experience is similar to commonly used PC software, and because it is a web-side product form, it is especially suitable for sharing and collaboration between multiple members of the team; professional functions On the other hand, it supports multi-track editing and frame-level accuracy, and the functions cover almost all the functions in short video editing. At the same time, it has rich materials, which aggregates rich copyright music, stickers, flowers, special effects and other materials. Open up a large amount of high-quality copyrighted content in Kuaishou for creators to make second creations in the cloud.

In addition, based on the latest audio and video enhancement algorithm capabilities developed by Kuaishou, Kuaishou Cloud Clip also provides a series of smart tools such as smart cover, automatic dubbing, automatic subtitles, image quality enhancement, video debounce, and automatic horizontal screen to vertical screen conversion.

Kuaishou Cloud Live Broadcast debuts, providing a professional and powerful new cloud live broadcast experience

Another brand-new product of this conference, Kuaishou Cloud Live, can provide creators with OBS and other professional equipment streaming, real-time directing, live editing, multi-platform retweet and other capabilities.

It is worth noting that the live editing capability provided by Kuaishou Cloud Live can realize the editing while live broadcasts, and release highlights in the live content as Kuaishou works, bringing more exposure to the live broadcast room and account.

Zeng Fanping also announced that Kuaishou will fully open its live broadcast capabilities, making it easier for creators to use Kuaishou cloud live broadcast at a lower cost. Kuaishou has access to sports cameras, panoramic cameras, drones, encoders, etc. through open live broadcast OpenAPI, and a total of 140 cooperations. Partner, and currently supports 4K ultra-high-definition and panoramic content access. In the future, Kuaishou will work with more partners to bring ultra-high-definition visual experience and immersive look and feel to hundreds of millions of Kuaishou users.

The audio and video experience is further upgraded and fully supports panoramic video upload and playback

At present, Kuaishou’s overall daily activity exceeds 300 million, and live broadcast daily activity exceeds 170 million. The “short video + live broadcast” ecosystem continues to prosper. In order to provide content creators and users with a better experience, Kuaishou is constantly optimizing technology. According to Zeng Fanping, Kuaishou is the first domestic short video platform that supports 1080P high resolution, 60 frames high frame rate, and HDR high dynamic range at the same time. The optimized application of technology has further improved the video quality of the platform, and also allowed Kuaishou users and creatives. People have better audio and video experience.

In order to provide creators with more diverse ways to play, Kuaishou also fully supports panoramic video upload and playback. Kuaishou has become the first short video platform in the industry to support panoramic videos; at the same time, Kuaishou will update the panoramic video hotspot list every month. Single, build a bridge between panoramic video creators and target user groups.

In fact, panoramic video, as a video format that can be viewed in 360 degrees, has already shown a strong “power of attracting fans” on the Kuaishou platform. For example, CCTV released a panoramic video showing the border post of the motherland in Kuaishou, with nearly 10 million views; Kuaishou “VR Love Play Technology”, the highest number of views reached 66.38 million within 10 days of the release of the work; and insta360 winged flight The broadcast volume has exceeded 26 million, and the Forbidden City panoramic live broadcast has been watched by more than 10 million people.

At present, “short video + live broadcast” has become an important content form and monetization method for individual or professional institution creators.Kuaishou, as a domestic short video and live broadcast platform where creators account for up to 25%, has been actively iterative technology empowerment

On April 16, the first Pinqi Real Estate Conference was held in the China Ship Pavilion at the Shanghai World Expo. At the meeting, the world’s first operational property digital asset management platform-iREAM system was officially released.

On April 16, the world’s first operational property digital asset management platform-iREAM system was officially released.

It is reported that iREAM uses blockchain, AI and other digital technologies to connect real estate investment, transformation, investment promotion, and operation, to create information transparency and build a new integrated platform for commercial property management. Each user can conduct property investment and operation management on the online platform anytime, anywhere.

At present, China’s real estate has entered the “stock era”, and many real estate developers are actively exploring the real estate stock. Available real estate is in the ascendant, and the industry is facing many pain points: the large transaction acquisition process is complex, real estate information is opaque; asset flows lack capital support; traditional businesses cannot keep up with the innovation of the times; front-end data collection is decoupled from practical applications and cannot meet the requirements of operational diversity… …For ordinary investors, investing in commercial real estate often has a high investment threshold, and it is difficult to identify the value of the project.

Under the epidemic, the outbreak of new demands and the emergence of new scenarios have been accelerated, which has promoted the transition of new service models in the real estate industry from offline to online, and promoted the digital development of work scenarios.

At the conference, Wang Qian, founder of Yufeng (Shanghai) Real Estate Co., Ltd. and iREAM digital real estate asset management platform; Li Chong, a professor in the Department of Electronic Engineering at Columbia University, explained how AI and other cutting-edge technologies can subvert the existing asset management value system, and for the first time Publicly introduce the iREAM asset management platform.

It is understood that iREAM applies digital technologies such as blockchain and AI to all aspects of real estate investment, renovation, investment promotion, and operation. Transaction and real estate data are on the chain to ensure the authenticity of real estate information; point-to-point services and transactions using smart contracts, decentralized communication; asset tokenization splits equity, small amounts can invest in commercial real estate; AI empowerment, intelligent recommendation of housing Source, service automation; VR remote experience real estate structure, open up the real estate information flow, capital chain, business flow, decentralized management, and change the traditional asset management model.

Since April 2020, the iREAM asset management platform has managed 9 real estate projects in the Shanghai and San Francisco Bay Areas, and its business covers all asset management links such as investment, renovation, investment promotion, and operation. In 2021, the team will use cutting-edge technologies such as blockchain, NFT, and AI to realize single-asset digital transactions, digital original certificates, dynamic pricing, smart contracts and other functions.

Currently, many companies in the real estate industry are actively transforming, and technology is one of the important directions. “Technology improves the efficiency of different aspects of real estate, changes the operational structure, and brings new increments,” said Wang Qian, the founder of iREAM. Today, in the digital age, exploring new models of asset management with technology will allow more investors to participate in commercial real estate investment and operation and maintenance.

(This article is from The Paper. For more original information, please download the “The Paper” APP)