KPMG and Oracle drive speed to value for business transformation
Organizations using standalone transaction reports for back-office functions have long been stymied by the lack of multidisciplinary reporting for more strategic analysis. It can be difficult, for example, to determine revenue dollars per headcount when working with individual headcount reports from HR and revenue reports from finance. It is also difficult to display the results and recommended actions on a dashboard.
Oracle Fusion Analytics Warehouse (FAW) can eliminate these issues. This family of prebuilt analytics applications provides line-of-business users with ready-to-use actionable insights at the point of need to improve decision-making. FAW includes a prebuilt data model with integration to Oracle cloud applications that enables rapid deployment and quick time to value.
Working closely with Oracle, KPMG implements an initial, fit for purpose, cost-effective strategic analytic solution utilizing FAW in a few weeks—rather than the years it would take to build this capability from scratch. We accomplish this through our proprietary approach, KPMG Powered Enterprise, a simple, low-risk project approach that includes a preconfigured Oracle cloud solution based on industry specific leading practices for each individual application.
Powered Enterprise encompasses all aspects of your organization’s business, including processes, people, service delivery, technology, performance management, and governance. Because we know all your different processes, we know the reporting and analytics required for each one. Using FAW, we align transaction reporting and strategic analytics to each process to provide quicker time to value.
As the graphic below shows, our work encompasses four stages:
During the first four weeks of our approach, we develop a specific plan to move your organization’s analytic capability from basic transactional reporting through to predictive and prescriptive analysis. Working with the Oracle Fusion Analytics Warehouse, we add value quickly by providing answers to your most critical questions—relating to your specific industry and/or business requirement (ESG, collections, turnover, etc.)—to give you the insights you need to take quick action.
From the beginning of an Oracle Cloud implementation, Oracle Fusion Analytics Warehouse empowers organizations to make decisions quickly based on actionable insights. Line-of-business leaders can gain immediate access to information through desktop dashboards or mobile devices. Before walking into a branch location, for example, you can retrieve a financial analysis on your mobile device, based on your geographic location, to immediately prepare you for the meeting. Equally important, all data is integrated with your Oracle cloud applications, providing the ability to quickly take action.
With the power of digital transformation from KPMG and cloud solutions from Oracle, organizations can capitalize on their analytics and accelerate their business value. Contact us to learn more.