The finance landscape is drastically changing. We are seeing increased demand from stakeholders around delivering the speed and quality of finance insights. The pace of innovation has ultimately resulted in a nearly continuous cycle, meaning integrating technology, data, and people is extremely important. Navigating the market complexities requires finance to address disruption head-on or risk being left behind by nimbler competitors. KPMG has identified these five key focus areas/pillars for the global future of finance:

swirls

Enable sustainable growth & value creation



arrows

Gain an unbeatable competitive edge



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Think digital, be human, act with purpose



  

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Continuously evolve the operating model, embrace new ways of working and prioritize talent



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Turn risk into opportunity



  

Read the CFO agenda report on elevating finance

Effective finance transformation is built on what we call the five pillars of foundational competencies.
This paper explains how an approach based on these pillars can help:

  • Streamline costs

  • Develop sustainable growth

  • Improve decision support

  • Increase the scope and value of services delivered

  • Maintain trust across stakeholders


Download PDF (1.7 MB) ⤓

  

Future of finance – the future is now

Adapt to thrive. Finance cannot afford to spend valuable time focusing on transactions, processing and reporting. Today, regulators, boards, commercial functions and external stakeholders expect finance to be a true business partner. Why? Because finance is in a unique position to provide the insights needed to drive real-time decision making and elevate business performance.

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Generative AI models – the risks and potential rewards

KPMG believes that generative artificial intelligence (AI) models have the potential to transform businesses through automating and executing certain tasks with unprecedented speed and efficiency. This is particularly true when human expertise and ingenuity is paired with deep understanding of how to use these programs and effectively harness their capabilities. To discover more about Gen AI and its potential, download our guide.



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