Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

How generative AI will transform procurement as we know it

Generative AI: Game-changing technology for the procurement function that can save time and money, improve efficiency.

Generative AI (GenAI) has been a game-changer in procurement, providing organizations with the means to streamline processes, improve customer experience, cut costs, enhance supplier risk management, and accelerate innovation. GenAI has the potential to reshape procurement’s operating model; it is estimated that 50–80 percent of current procurement work can be automated, eliminated, or shifted to self-service models through the adoption of GenAI. Although adopting generative AI comes with challenges, such as the inability to pivot legacy applications, lack of the right talent, regulatory uncertainties, and ethical concerns, the benefits of a successful GenAI program can be far reaching and include:

Enhanced customer experience: Create highly personalized content and experiences for individual requisitioners, department or functional leaders, and even suppliers.

Increased efficiency and productivity: Automate many procurement activities, which enables greater use of self-service.

Greater accuracy and quality: Analyze copious amounts of data to identify patterns and insights, and achieve more accurate and effective results.

Greater innovation: Develop new products, service offerings and capabilities by identifying and tapping innovation in the supply base.

Supplier performance and risk: Realize the full value of supplier relationships by enhancing the management of supplier performance and risk.

Download our new report to learn how GenAI can enhance your procurement process, and strategies for overcoming challenges in GenAI implementation.

Dive into our thinking:

Unleashing the power of generative AI in procurement

Transform your procurement process with GenAI. Benefits include enhanced customer experience; improved productivity; spend savings; and greater accuracy, quality, and innovation.

Download PDF

Explore more

Explore other services tailored to your business

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline