The English-language white paper entitled "KPMG and SAP: Accelerating banking transformation with data and AI" examines why many banks are making only limited progress in modernisation despite significant investments, and how SAP and SAP Fioneer solutions can help improve technical and organisational foundations. Our white paper highlights where outdated structures hinder efficiency, the advantages of unified platforms, and how we support banks in implementing these systems effectively and realising their benefits step by step.
Standardised data sets as the basis for greater efficiency
A key obstacle remains the handling of data. In many companies, information is stored in separate systems, which slows down evaluations and makes coordination difficult. Uniformly structured and easily accessible data is a prerequisite for more efficient processes and better decisions. The harmonisation and cleansing of data is not only a technical foundation, but also a key success factor for AI-supported processes.
Cloud-based platforms should meet high security requirements.
Outdated architectures not only incur high costs, but also slow down the use of modern technologies. Applications for automated evaluations or artificial intelligence require reliable, integrated systems. Cloud-based ERP and banking platforms create a stable foundation for this while also meeting high security and traceability requirements.
Uniform platforms enable coordinated processes
Separate structures between departments and the IT department lead to delays and additional work. Uniform platforms enable coordinated processes, faster reports and fewer manual interventions.
Benefits of a clear transformation approach
Technical innovation only fully reveals its benefits when it is combined with clear objectives, comprehensible steps and good preparation of employees. Banks that consistently follow this path achieve visible improvements more quickly and make their modernisation more sustainable. Since AI-supported finance processes require constant further development, this increasingly results in a mindset rather than a one-off project.
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