KPMG LLP launches KPMG Digital Finance, a modern finance platform and managed service solution, powered by Aptitude Software and Microsoft Azure and Dynamics

New York, NY March 25, 2024 - KPMG LLP is pleased to announce the launch of KPMG Digital Finance, a modern finance platform.  This offering is a managed finance and management reporting solution, using the latest data and AI technologies powered by KPMG Modern Data Platform assets built on Microsoft Azure and Aptitude’s accounting hub and subledger technology.

The KPMG Digital Finance solution provides a completely integrated finance solution that provides finance teams with access to a modern and efficient technology stack while allowing them to focus on running their business versus spending time on the performance of finance back-office tasks. The solution represents a modular and scalable cloud native design and incorporates modern data and artificial intelligence capabilities, such as machine learning and generative AI. KPMG Digital Finance is accessible via a subscription, which includes the underlying application licenses, and access to a financial accounting subledger, control reports, and analytic dashboards.  The KPMG Digital Finance solution is built on Aptitude, and a curated, preconfigured set of Microsoft Azure, Dynamics 365 and Power BI capabilities deployed through a KPMG Modern Data Platform. These include:

• Microsoft Dynamics 365 F&O - An enterprise resource planning (ERP) solution that provides financial management, supply chain management, and customer relationship management capabilities to organizations.
• Microsoft Power BI – State-of-the-art data visualization software that includes KPMG preconfigured finance and data quality dashboards and reports.
• Azure Databricks - Unified analytics platform for data science and engineering, providing a collaborative workspace for performing data engineering, machine learning, and analytics tasks and includes KPMG preconfigured data transformation, quality, and monitoring capabilities.
• Azure Cosmos Database​ - Highly scalable database service that optimizes performance of globally distributed applications.
• Azure Data Factory​ - Hybrid data integration service to create, schedule and manage workflows that can move data between various data stores.
• Azure Virtual Desktop - A desktop and app virtualization service that runs on the cloud, enabling users to securely access their desktops and applications from anywhere, on any device.

David Fourie, Partner at KPMG states, “As the speed of technology, business and regulatory change continues to increase, organizations are increasingly looking to move to a managed service model for finance provided by trusted, proven partners. Moving to a FaaS model ensures finance teams have a secure, scalable, cost-effective solution that leverages best practices, while also moving finance from mundane, repetitive tasks to forward facing analytics and informed decision making.”

Aptitude Software CEO, Alex Curran, commented: “Developing strong, strategic relationships with select partners is a key focus for Aptitude so it’s exciting to see how powerful our solutions can be when combined with KPMG’s proven IP, accelerators and managed service capabilities. Together we will be able to deliver significant value to our clients.”

 "KPMG’s innovative new Digital Finance solution will help organizations navigate the complexities of modern business. And, by harnessing the power of Microsoft Azure and Microsoft Dynamics 365 customers will benefit from our secure and trusted cloud environment.” Brian Maslowski, Vice President of Global Advisory Partnerships, Microsoft Industry and Partner Sales

For more information on KPMG’s Managed Service please visit our site (link) or reach out to David Fourie (link).

About KPMG

KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 143 countries and territories and has more than 273,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity and eradicating childhood illiteracy. Learn more at www.kpmg.com/us.

About Aptitude Software

Aptitude Software provides software solutions that deliver fully autonomous finance and free teams to drive growth, efficiency, and sustainability. Fynapse is Aptitude’s intelligent finance data management and accounting platform designed to increase productivity and lower costs for finance teams globally. Fynapse provides a single view of finance and business data, unparalleled performance and automation, faster and better insights, user-friendly functionality, and market-leading total cost of ownership (TCO).

About Microsoft Azure Cloud

Microsoft Azure is a cloud computing platform and service offered by Microsoft Corporation. Azure provides a wide range of services including analytics, computing, database, networking, storage, and more. It is a flexible, open, and secure cloud environment that helps businesses of all sizes to manage their applications and data, efficiently and securely. With Azure, customers can create, deploy, and manage applications and services through Microsoft-managed data centers located around the world, providing them with a global reach for their businesses. Additionally, Azure has a strong commitment to security and compliance, providing customers with the confidence that their data is secure and compliant with industry standards. Azure is continuously updated with new features and services to provide customers with the most effective and innovative cloud computing solutions.