Companies need to align their financial processes and organisation more urgently than ever to meet the demands of the future, because finance is increasingly important in terms of contributing value to the overall corporate strategy.
Lean finance means processes set up to be lean and efficient and to deliver high-quality results with ever greater cost-efficiency.
Digitalisation has opened up numerous opportunities for the finance function to achieve this goal, and finance will need to intelligently connect information and data to support overall business decisions. This will lead to a change in role - less about past analysis and more about being a reliable thought leader.
We support your evolution into a modern, future-proof finance function with the following services:
Through in-depth analyses and the use of proven tools (e.g. Reporting Pilot, Closing Pilot, electronic accounting manual), we at KPMG can efficiently and purposefully prepare, plan and manage or restructure financial statements and corporate reports. Using accounting performance indicators, we can analyse your finance function and provide important insights regarding any need for adjustment/optimisation.
Finance Process Excellence
We support the optimisation of transactional processes in accounting (e.g. P2P, O2C, A2D) with regard to efficiency gains and cost reduction potential through harmonised and automated financial processes. We use process mining, robotic solutions and BPMN/DMN to increase efficiencies in workflows.
Finance Organisation & Governance
Our expert teams analyse your existing finance function, develop a future target situation and deliver the necessary measures for implementation. As the demands on the finance function change, there will be paramount need for a company-specific governance model including location and gap analysis.
Digitalisation in accounting
We support the development of digitalisation strategies in accounting and help with implementation. This includes using intelligent automation solutions, especially in transactional accounting processes or to apply cognitive solutions (e.g. in connection with IFRS 16), with the aim of making accounting more efficient and future-proof.
Our HR experts assist in further developing your HR function and provide support in transformation projects within your overall organisation. KPMG accompanies you to analyse and optimise HR processes or your HR organisation and also helps to align your digitalisation strategy. Establishing the maturity level of the HR department is a key element of this.
Cash-oriented corporate management
Our cross-divisional experts create the necessary transparency for you regarding liquidity and working capital management. We lay the foundations for you to establish efficient and scalable processes whose results and costs you can consciously control.
Accounting is becoming increasingly digital - for sustainability reporting this is only true to a limited extent.
Accounting is becoming more digital, sustainability reporting only to a limited extent.