Going far beyond software selection, KPMG helps business and IT stakeholders collaborate on transformational strategies to realize the potential of technology investments. Read the summaries below to learn about some of the challenges our clients have faced and the results they have achieved.
This client's critical back-office systems hadn't kept pace with its agressive growth. Software had been customized over the years and had become costly and complex to operate. A variety of internal tools and homegrown systems were counter to the company's legacy of innovation. Company leaders had difficulty getting fast accurate financial data. The system also posed a significant security risk.
With guidance from KPMG, the client decided to revolutionize with a Tier 1 ERP cloud-based solution. As a result, they are seeing improved security and controls, reliable and available data to business leaders and enhanced ability to handle acquisitions.
This client had grown significantly over the years through organic and inorganic growth which had expanded its global footprint and service offerings. However, the company’s growth had led to a highly fragmented organization and difficulty integrating and harmonizing its global accounting and finance functions. This resulted in increased costs and inefficiencies.
KPMG worked with the client to develop an improved operating model and to design and implement an IT strategy with expected savings of over $50 million annually.
Over the years, this client had implemented many of Oracle’s eBusiness Suite modules to support record to report, procure to pay and order to cash but lacked a perpetual inventory solution. There was a gap in global inventory information as there was a combination of legacy ERP and custom solutions in place across four existing plants and no solution at all at the newest plant.
KPMG was able to provide a global solution to implement a Tier 1 ERP process manufacturing at all five facilities providing a consistent and singular inventory view and more accurate reporting.
This client had historically robust financial performance and was under pressure to make smarter and faster decisions at a reduced structural cost while still sustaining growth. Finance leadership needed to address these issues and was looking to transform the function and migrate to a next-in-class operating model.
KPMG provided functional expertise in the transformation of the finance operating model which resulted in an immediate decrease in costs and the identification of future cost savings.