RSM Announces Winners of its 2023 Innovation Challenge

CHICAGO – (August 30, 2023) – RSM US LLP (“RSM”) – the nation’s leading provider of assurance, tax and consulting services focused on the middle market – announced the winners of its 2023 Innovation Challenge, the firm’s annual competition that invites teams of RSM professionals to develop innovative solutions that address business challenges.

“Our people are our greatest innovators, and this competition consistently highlights our professionals’ ability to deeply understand challenges faced by our clients, our people and our communities, and to conquer those challenges with inventive solutions,” said E.J. Nedder, chief strategy officer with RSM US LLP. “We are proud of all of our 2023 Innovation Challenge participants and inspired by their commitment to bring forth cutting-edge thinking that helps us instill confidence in our clients and colleagues as we all navigate a world of change.”

Launched in 2017, the Innovation Challenge has generated more than 450 proposed solutions to date. This year’s competition was the firm’s biggest yet, and included over 500 RSM participants from the U.S., Canada, India and El Salvador who submitted 173 project proposals. Each team was supported by a coach and by proprietary digital technology to manage the teams’ ideation activity.

RSM’s 2023 Innovation Challenge champion is: “RSM Explore by Artificial Intelligence.”

“RSM Explore” is an integrated knowledge discovery platform that uses artificial intelligence to gather knowledge to support team members in serving internal and external clients. The project was selected through an extensive judging process, followed by a firm-wide employee vote featuring a ballot of five category finalists.

Members of the India-based “RSM Explore” winning team include: Hammad Rashid, Priya Sheoran, Vijay Kardam, Ashwani Kumar and Sameer Kapoor (coach).

“I’m very proud of the 'RSM Explore' team’s success in winning this year’s RSM Innovation Challenge,” said Prasad Balakrishnan, RSM US India team leader. “Their triumph is a testament to RSM’s unwavering commitment to inspire innovation among our diverse, global workforce to deliver compelling solutions and client experiences. This achievement motivates us to continue pushing boundaries and driving transformation as we pave the way for the future.”

“Congratulations to the ‘RSM Explore’ team,” added Nedder. “Their technology-driven solution will help us serve clients more effectively and efficiently as a digital firm. We are especially pleased to honor this team of colleagues from India and to shine a light on the significant impact and contributions they and all of our team members in India are making as an integral part of RSM.”

Winning team members received individual awards, and the RSM US Foundation will make a $40,000 USD donation to a team-selected charity in India that aligns with the foundation’s mission.

To learn more about Innovation at RSM, visit rsmus.com.

About RSM US LLP

RSM is the leading provider of professional services to the middle market. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business landscape. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential.

RSM US LLP is the U.S. member of RSM International, a global network of independent assurance, tax and consulting firms with 57,000 people in 120 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.