KPMG is broadening the reach of its online accounting service KPMG PREVA to Saudi Arabia, Jordan, and Lebanon.

Prior to this expansion, the online accounting service was introduced into the United Arab Emirates and Oman.

KPMG PREVA offers a comprehensive suite of online accounting, reporting, payroll, and tax services.

It is claimed to serve a wide range of businesses, from large corporations to small enterprises, and is beneficial for entrepreneurs and international investors seeking to establish regional headquarters or branch offices in the markets with PREVA’s presence.

KPMG explained that the service makes use of “advanced technology” and automation to enhance efficiency and accuracy in financial transactions, greatly cutting down the requirement for manual processes.

This technological approach allows business owners to concentrate on growth and decision making, with the reassurance that their financials are being expertly managed.

KPMG PREVA’s platform integrates technology with a team of dedicated accountants, which is said to offer a single, user-friendly online environment.

Each client benefits from a dedicated account manager, bookkeeper, and a support team of accountants accessible through various communication channels.

The platform’s streamlined workflows and intelligent automation simplify accounting tasks for businesses.

KPMG PREVA provides customised support, easy document management, and automated transaction reviews, with accountants performing final checks to ensure accuracy.

Clients can access month-end reconciliations and financial reports, along with real-time dashboards for a comprehensive financial overview.

KPMG Middle East partner and intelligent accounting solution leader Tariq Bzai said: “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.”