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

Putting customers at the center of their go-to-market strategy

KPMG and Grünenthal use data and measurement to redefine the customer experience

Client

Grünenthal GmbH

Industry

Healthcare and life sciences

Primary goal

Help a pharmaceutical company plan for a customer-centric strategy

test

When an acquisition doubles your revenue in your largest market, there are some big numbers at play—especially when you’re a $48 billion CPG company. And the bigger the numbers, the bigger the impact of every strategic and tactical decision you make. You can’t afford to have your visibility clouded and your decision-making hampered by having two disparate financial operations functions each with its own systems, software, and people. So, when a global CPG company found itself in this situation, it called on KPMG to drive fast, smooth, cost-efficient integration of financial operations.

Key outcomes

1

Increased engagement 

and global alignment between cross-functional teams

2

Greater visibility

 into consolidated spend driving meaningful insights and more proactive decisions

3

Days shaved off

the monthly close cycle

4

More accurate

revenue and sales forecasting

After 70 years, German pharmaceutical manufacturer Grünenthal realized it was time for a new approach to sales and marketing. Instead of the product-centric model traditionally favored by the industry, the company wanted to refocus on customers—from doctors and nurses to the patients they serve. Executing this transformation wouldn’t be easy. But guidance from KPMG Customer Advisory helped make the difference, allowing Grünenthal to apply insights from real users to transform the customer experience (CX) and drive cross-functional changes in sales, marketing, and customer service. In a post-COVID-19 environment where misinformation is all too common, this change allows healthcare providers to deliver more accurate, relevant data and treat patients more effectively.

KEY OUTCOMES

Making a measurable difference

  • A single, intentional customer experience strategy based on customer insights and journeys
  • Two pilot programs indicating measurable gains in customer satisfaction, engagement, and orders
  • A detailed playbook for replicating a customer-centric sales and marketing strategy across other markets and products

Client transformation journey

Click on each part of the journey to learn more about our client’s transformation.

Client transformation journey

Before

Poor visibility threatened business objectives.

Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.

After

Unified financial operations support global success.

While this CPG company’s business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly—all crucial in a sector where windows of opportunity close as suddenly as they open.

Future

A strong foundation that can keep pace with continued growth.

There will be more acquisition targets in the company’s future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.

Before

Poor visibility threatened business objectives.

Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.

After

Unified financial operations support global success.

While this CPG company’s business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly—all crucial in a sector where windows of opportunity close as suddenly as they open.

Future

A strong foundation that can keep pace with continued growth.

There will be more acquisition targets in the company’s future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.

Client transformation journey

  • Before

    Poor visibility threatened business objectives.

    Acquiring a large organic food and beverage business helped a global CPG company expand its operations and nearly double its revenue in the U.S. However, as with most mergers, the integration posed some challenges. Two disparate IT environments with different accounting and reporting models, separate enterprise resource planning (ERP) systems, and multiple business intelligence (BI) tools required extensive manual intervention and offline data manipulation, preventing uniform reporting and analysis. Data was trapped in silos. Visibility was insufficient. A new CFO and the finance and accounting teams lacked the insight to support effective forecasting and both strategic and tactical decision-making. In a sector as competitive and fast-changing as food products, this company needed to increase visibility quickly.The preconfigured assets and technology accelerators delivered by KPMG Powered Enterprise let ambitious leadership teams take advantage of embedded leading practices to speed up the decision-making process while instilling confidence.

  • After

    Unified financial operations support global success.

    While this CPG company’s business is spread across two continents (and originates from a number of acquired companies), its financial operations are now centralized and unified. A cloud-based platform extracts and loads data from numerous global sources, then configures and stores it in a central location. Accounting staff across multiple back offices work within a single governance structure and with a single set of streamlined processes, enabling effective reporting and supporting a swift, accurate close. Across the enterprise, visibility is excellent, and insights are at the ready, because analysts can perform real-time calculations and drill down swiftly to the meaning behind the numbers. Unified financial operations helps this $48 billion player predict accurately, plan effectively, and act swiftly—all crucial in a sector where windows of opportunity close as suddenly as they open.

  • Future

    A strong foundation that can keep pace with continued growth.

    There will be more acquisition targets in the company’s future. And with a cloud-based platform, governance framework, and standardized processes in place, integrating financial operations will be a swift, sure process. A successful integration inspired the CFO and global finance team to consider other areas for transformation. From evolving multiple layers of the target operating model within Finance, to jump-starting transformation across other functional areas, a powerful ripple effect began and continues across the enterprise. Having the right tools and processes to support a grander vision driven by meaningful insights will continue to empower positive change.

Combining our expertise with KPMG’s helped us really understand the transition to intentional customer experiences, starting with gathering customer feedback. KPMG supported us in aligning initiatives across the business and across functions. Pilot testing showed what an end-to-end CX transformation would look like, and how to measure impact and demonstrate value. Evaluating CX initiatives over the long term helps build a business case for further investment. We already had a vision for more intentional, purposeful CX, but KPMG helped us envision how all these functions can work together.

Telea Herpin

Vice President and Global Asset Lead (former Head of Customer Experience)

KPMG helps define and test a new customer experience strategy in key markets

1. Discovery phase

What we already know—and what we don’t

Our goal for the first phase of the project was to gain a full understanding of the existing customer experience offered by Grünenthal and define what steps would be needed to optimize it. This meant gathering data to identify key issues for customers and defining how to achieve greater customer satisfaction based on lessons learned from other companies and industries.

Our activities included:

  • Conducting an in-depth assessment of Grünenthal’s current employee and customer experience, as well as its capabilities in sales, marketing, and service
  • Identifying key drivers of engagement and satisfaction, customer pain and gain points, and metrics such as net promoter score (NPS) and customer satisfaction score (CSAT) to inform the design of future CX journeys
  • Using online or in-person surveys, interviews and focus groups, and behavioral tracking (such as sales transactions or click-through rates on market materials) to complement existing customer data
  • Facilitating workshops to validate and prioritize existing customer pain points and to support focused solutions and design in subsequent project phases.

Data for this assessment was gathered via surveys, interviews, and meetings in Germany, France, and Spain. These included:

  • Internal voice of the business (VoB) surveys and interviews with Grünenthal managers
  • Online HCP surveys with 30–50 doctors, hospital-based specialists, and retail-based specialists
  • Field team customer workshops with 15 doctors, hospital-based specialists, and retail-based specialists.

2. Define and design phase

Where are we going and how do we get there?

This phase began by aligning Grünenthal stakeholders on an overall CX vision, or target operating model, for the future. With this in mind, next steps included defining guiding principles and using insights from the first phase to identify strategic enablers for applying the new customer-centric model to sales and marketing and other front-office functions. Others included:

  • Applying industry leading practices as well as internal VoB insights to craft Grünenthal’s future-state CX vision and guiding principles
  • Mapping the current- and future-state experience for target customer personas for marketing messaging, and highlighting moments that matter, specific pain points, and opportunities for improvement that sales and medical affairs teams can address
  • Identifying CX program enablers and capability enhancements needed to achieve the target experience. These included a voice of the customer program, a go-to-customer approach, a sales and marketing content strategy, and governance and value management plan
  • Leveraging the KPMG Six Pillars of Customer Experience Excellence (integrity, empathy, personalization, time and effort, expectations, and resolution) to map and sequence prioritized CX, sales, and marketing enablement initiatives on a multiyear roadmap. 

3. Execution phase

Preparing pilot programs to test, learn, and measure

The pilot programs designed by KPMG were used to create a “test and learn” environment that would reduce risk, costs, and time spent before being applied to sales and marketing teams and the broader organization. The execution phase of these programs included key steps for collecting information for measurement, such as:

  • Working with cross-functional teams (sales, marketing, technology, medical, etc.) to understand and execute on the new customer-focused initiative
  • Assessing skills and capabilities to determine the role changes needed to successfully launch the initiative
  • Assessing commercial field team readiness for change
  • Preparing pilot country sales and marketing leaders and team members for launch
  • Assessing marketing content readiness and preparing marketing team members for launch
  • Testing marketing and sales technology readiness for launch and CX initiative measurement
  • Defining leading practices for sales, marketing, and customer interaction data collection and visualization via Domo dashboard
  • Monitoring and centralizing customer feedback data for use by sales and marketing
  • Creating prelaunch pilot messaging, including emails and slide content for key themes of the initiative

More broadly, we also defined plans for embedding an intentional customer experience into Grünenthal’s overall operating model and developed organizational blueprints and governance model options aligned with roles and responsibilities for successful adoption.

4. Measurement phase

Applying what we’ve learned and planning for the future

The project’s last phase included steps for measuring results from the pilot programs in order to show improvements in the customer experience based on our planned enhancements. These included:

  • Analyzing customer feedback data and assessing its value to the CX initiative
  • Distributing insights to relevant teams
  • Acting on customer insights.

Looking ahead, we defined activities and processes to continuously capture and measure data on customer engagement, messaging, interactions, and overall satisfaction. Insights from this feedback can also be used to project the return on investment (ROI) that the new customer-centric model will deliver.

Key initiatives included:

  • Designing an assessment to highlight skill gaps and determine specific actions required from each role or team in sales, marketing, and other customer-facing teams
  • Building a “feedback loop: insights to impact” process to allow Grünenthal to continuously monitor and act on feedback from sales teams, HCPs, and patients
  • Developing a customized economic value model that can be used to quantity the ROI value of investing in CX initiatives and prioritizing future investments in front-office evolution and digital technology.

At the conclusion of the project, KPMG developed a detailed step-by-step CX playbook that walks through the project phases to enable easy replication as the organization continues to transform its approach to customers via sales, marketing, and service across other markets and products.  

Make a CX-driven commercial model a central part of your business strategy

For most businesses, embracing a customer-focused strategy requires a wider transformation of sales, marketing, service, and other front-office functions. KPMG Customer Advisory can show you how to enhance your front office by adopting new processes, policies, capabilities, and skills. 

Explore other services tailored to your business​

Transformation in Pharma

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