A finance function powered by Powered Finance could deliver:
cut in general accounting costs
reduction in budgeting and forecasting costs
improvement in working capital
reduction in manual reconciliations
The period of pandemic COVID-19, taught us that digital finance transformation isn’t just an option, it’s a necessity due to accelerated demand for change.
The future agility of your finance function requires the latest data, delivered in real-time to help you make immediate decisions. Powered Finance reaches beyond efficiency gains from traditional finance-related tasks by using automation, predictive analytics and cognitive learning to extend the role of finance.
Powered Finance provides the evidence and support you need for answering the challenges that face a modern function, such as:
KPMG firms have helped finance departments around the world to create new value within their organization by implementing the latest technology and leading practice. Powered Finance is the outcome-driven transformation solution that takes a realistic and proven approach to preparing your business for the future. This solution enables rapid transformation and aims to derive maximum value from your move to the cloud. With Powered Finance you can inspire and empower your people and partners to embrace change and transition to a new way of working.
Harness the power of data and enable your organization to deliver improved value to your business and customers.
Powered Enterprise | Finance provides:
KPMG Powered Enterprise | Finance is enabled by market leading platforms.
Reality has shown that the effective transformation of the finance function cannot be achieved only through the implementation of technological applications.
Transformation requires an integrated Target Operating Model (TOM) consisting of six pillars: functional processes, people, service delivery model, technology, performance insight & data and governance.
Focusing on each of these vital pillars is the key for ensuring a strategic transition to digital transformation and an effective operation of the finance function, in order to maximize the value of the business.
To elevate your Finance department, get in touch. We’d be delighted to show you what your future state could look like.
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cut in general accounting costs
reduction in budgeting and forecasting costs
improvement in working capital
reduction in manual reconciliations