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The digital close is not just about using new and improved technology. It’s about changing the way you approach the record-to-report (R2R) process so that it delivers timely, targeted information to all end users of the financials.

When fully implemented, the digital close helps to enable that finance team receives close source data as expected, process automation is improved, and information reporting is done continuously.

KPMG can help you initiate the digital close by:

  • Establishing a strong foundation of core business fundamentals
  • Exploiting powerful record-to-report technologies
  • Enabling an improved set of actuals that can support a company’s predictive models
  • Unlocking and automating the flow of untapped internal and external data
  • Driving accountability of data validation prior to the start of close
  • Enabling an automated exception-based continuous data monitoring function

To transform your R2R process and avoid the typical close fire drills and complexities that result from having to fix data and compensate for underused automation, explore the five pillars of the digital close.

Explore client stories

Read case study perspectives directly from our clients

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Reporting and insights accelerated with a digitized, connected, and faster close

KPMG and Workiva help a global IT company transform its financial processes from good to great

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Making the virtual close happen

In the early days of COVID-19 business impact, KPMG helped a global 100 company's finance organization perform a virtual close for timely quarterly reporting.

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Insights make insurer's work less taxing

KPMG helped insurance intermediary Brown and Brown create interactive Workday financial and tax-related reporting to improve data quality and support compliance.

More stories

Read about how we help clients enhance their customer experience, improve business performance, and drive new revenue streams—then let us do the same for you.

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Drive into our thinking:

Propelling the R2R process into the digital age

Learn the five pillars of digital close

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Meet our team

Image of Scott Cohen
Scott Cohen
Managing Director, Financial Transformation, KPMG US
Image of J.T. Kaufmann
J.T. Kaufmann
Managing Director, Finance Transformation, KPMG US

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