Effective operational processes with clear roles and responsibilities ensure that there are no internal bottlenecks in the company's value chain and that unnecessary financial risks are avoided. They also enable scalability as the company grows and support the harmonization of ways of working.

Weak processes, on the other hand, lead to manual work, longer cycle times, bottlenecks, and limit business potential. In today’s business environment – where system landscapes evolve rapidly and the demand for efficiency and insights is increasing – organizations must ensure that their financial processes are as effective and automated as possible and aligned with best practices for sustainable success.

Our Process Excellence team helps businesses and public institutions streamline their financial processes, strengthen internal controls, and increase automation through technology and AI by leveraging KPMG’s best-practice frameworks. We also apply process mining to gain deeper process insights and uncover value potential through a data-driven approach.

Niels Pedersen

Partner, Advisory

KPMG in Denmark

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We can help you with:

Many organizations need to optimize their finance processes - whether to reduce manual work, clarify roles and responsibilities, or prepare for a finance transformation, etc. Our services address these issues by improving process efficiency, aligning with compliance needs, and identifying automation potential.

We support you in

documenting current-state processes and policies
performing gap analysis using KPMG’s best practice framework (Powered Enterprise)
benchmarking and assessing improvement potential
identifying automation opportunities.

The results: identification of improvement opportunities and implementation of efficient and effective processes.

Process Automation and AI Solutions

Automation and AI solutions help reduce manual effort, increase compliance, and scale finance operations efficiently. Our services offer a suite of global low-code solution, adaptable across ERP systems. Furthermore, we can help clients with automating their processes and what technology enablers to consider.

We support you in

process AI: AI-driven process scan of current process documentation against KPMG’s process AI solution
credit and blocked orders: Automated customer credit evaluation and blocked order handling solution
collections solutions: Automated follow-up on overdue payments with workflows embedded and seamless integration to third-party agencies
sales order AI solution: End-to-end automation of order entry through AI-driven solution
IFRS16 automation: Automated lease accounting, including calculation of impacts and posting of journal entries, ensuring compliance with IFRS standards.

The result: Greater process automation and efficiency enabled by low-code solutions that seamlessly integrate with the client’s existing system landscape.

Organizations often lack transparency in their processes, leading to inefficiencies and missed opportunities for automation. Our services address these issues by applying process mining to uncover bottlenecks, variances, and automation rates based on real system data.

We can support you in

extracting data from core systems
build process mining data models
creating insight reports with issues and recommendations
implementing process mining ways of working and training.

The result: data-driven process insights and continuous improvement capabilities.

Weak governance and manual controls expose organizations to compliance risks and inefficiencies. Our services address these issues by helping businesses design robust governance models, global control catalogues, and automated GRC solutions.

We can support you in

control assessments using KPMG’s best practice framework (Powered Enterprise)
designing global control catalogues and GRC tool implementation
automation of manual controls
fraud analytics and access rights control
governance model design and implementation.

The result: efficient and effective governance model and controls framework.

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Our approach

Our Process Excellence approach is built on KPMG's global Powered Enterprise framework – a pre-defined target operating model that integrates all key elements of an efficient and effective finance function.

This means we provide a model answer for what your core processes could look like, based on platform-specific best practices – whether you use SAP, D365, Oracle, Salesforce, or another core system.

By leveraging our proven methodology, pre-built implementation scripts, and integrated risk and control measures, we accelerate benefit realization and reduce design and implementation time – ensuring a cost-effective, future-ready transformation.

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