Discover how Finance as a Service with AI elevates finance functions, reduces costs, and boosts productivity. Learn how KPMG tailors solutions for growth.
Keeping pace with the speed and complexity of business is a challenge for every business leader today. Unrelenting changes—costs, technology, talent, risks, competition—seem to be the only certainty. Forget trying to get ahead—how about just keeping up?
Nowhere is this struggle more pronounced than in the finance function. Finance teams must control costs, ensure regulatory compliance, optimize strategic investments, and deliver timely insights. But they must also leverage new technologies and support innovations for their own operations and the company overall. It’s a high-demand balancing act that has overwhelmed many finance teams amid skills gaps, outdated systems, and stubborn operational inefficiencies.
The result: A growing divide between what’s expected of finance teams and what they are producing. To bridge this gap, many organizations are turning to modern managed services as a way to rapidly elevate key finance functions, resolve pain points, improve productivity, and accelerate growth.
It’s an approach that KPMG calls Finance as a Service (FaaS), and it’s delivered with an AI-first mindset from Day 1. This model provides organizations with agility and flexibility by offering full-service coverage across finance’s key functions.
The FaaS model is delivering significant results. In our research and work with clients, we have seen FaaS help companies achieve:
50%
improvement in productivity, 25%+ improvement in working capital
25%+
improvement in working capital
100%
controls compliance
70%
improvement in accounting productivity
50%
more accurate forecasts
5X
faster planning cycles, 3X–5X improved returns on capital
Finance as a Service (FaaS) is an enhanced service delivery model that gives companies rapid access to highly skilled talent and leading-edge technologies. FaaS helps companies transform their finance operations by deploying powerful AI capabilities and cloud-based solutions, guided by skilled teams that bring significant domain and industry expertise. FaaS delivers robust, full-service coverage across finance’s three core functions—with impressive results:
These are the critical day-to-day details of finance operations: inventory management, invoice tracking, revenue collections, contract management, and more.
By linking directly with the transactional processes, FaaS users dramatically improve the speed, accuracy, and efficiencies of closing the books.
This is AI-enabled FP&A, delivering faster, more accurate, and more valuable business planning and insights for the entire organization.
The FaaS model enables companies to elevate their Finance operations and generate results quickly. Services are uniquely designed and deployed to match each company’s needs, delivered by skilled professionals who bring both industry and functional know-how. This enhanced new approach to Finance enables companies to focus on what they do best, with several benefits:
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Insights to help you elevate your finance operations
What sets apart good from great finance leaders? It's their ability to harness cutting-edge technology to drive efficiency and foster growth.
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Begin your journey towards AI-driven success with KPMG Finance as a Service
Our finance professionals design and deploy solutions that meet each client’s unique needs in the three core finance functions: transactions, financial close, and financial planning and analysis. These solutions are embedded with the latest AI, cloud, and enterprise data capabilities from the start. And, every custom solution leverages our significant functional and industry experience.
We then fully manage these core operations on an ongoing basis, working closely with clients to continuously optimize costs, generate impactful insights, and increase productivity and profitability.
KPMG Intelligent Close
Harness the digital, analytical, and AI capabilities that can move your team from accountants to value creators.
KPMG Intelligent Forecasting
Discover the industry-leading, AI-powered solution that dramatically improves the speed, accuracy, and value of your financial forecasts and insights.
Maximize Enterprise Performance
Unlock the full potential of AI and other leading technologies by building a strong foundation of core capabilities that are tightly connected across the organization.
KPMG Powered Enterprise
Transform your business functions with technology-enabled, outcome-driven transformation journeys, guided by skilled KPMG teams.
According to senior buyers of consulting services who participated in the Source study, Perceptions of Consulting in the US in 2024, KPMG ranked No. 1 for quality in AI advice and implementation services.
Go beyond cost cutting, improve cost efficiency
CFOs and finance leaders: Do more than cut costs. Lead change across your organization with a holistic and sustainable approach to cost efficiency.
Our KPMG Finance as a Service teams provide clients with rapid access to hard-to-find skills and technology excellence, enabling their company to accelerate innovation and operate with more agility. Our professionals bring significant functional, industry, and technology experience to every engagement, including the latest AI, cloud, and enterprise data capabilities. Work with us to transform your stubborn operational challenges into leading-edge finance solutions.