Driving business value from Enterprise Resource Management analytics.
To make better decisions, drive greater business value and outperform your peers, you need the facts. The facts lie within your ERP system, which gives you access to massive volumes of company data. But your ERP system alone won’t get you from raw data to business insights.
KPMG’s Facts 2 Value (F2V) is a flexible and powerful data analytics based solution that provides organizations with an effective and efficient method to extract and analyze vast amounts of financial relevant data stored within most leading ERP systems.
Combining deep business and industry expertise with advanced analytical techniques and technology solutions, our F2V Center of Excellence helps organizations unlock key insights from these facts. These insights help organizations complete the journey to value, identifying significant risks facing your business and revealing new and transformational opportunities for you to advance operational and financial process performance.
The unbiased, fact-based insights delivered through our F2V solution support smarter, fact-driven decision-making. That’s why 200+ Fortune 1000 companies globally have turned to KPMG’s F2V team to:
The F2V approach begins with an F2V diagnostic of most leading ERP systems (e.g. SAP, Oracle, JDE), including a selection of key performance indicators (KPIs) from our catalog of 600+ “analytics” – i.e. frequency of invoicing, comparison on planned vs actual delivery date and display outstanding parked invoices.
The F2V diagnostic focuses on two critical areas:
Next, KPMG’s experienced analysts evaluate the diagnostic results to unveil insights into your business processes, including opportunities to address performance breakdowns, identify control anomalies, and improve cost efficiency on the use of the ERP.
These results can be reported in a variety of visualizations, from traditional reporting to dynamic reporting, with drill down capabilities using tools like QlikView, as well as capabilities of display in mobile devices (e.g. iPad).
KPMG also offers F2V-as-a-service to help clients monitor ERP processes on an ongoing basis and identify any new anomalies. With this approach, our specialists assist your organization in running an agreed-upon set of analytics on a pre-established schedule (e.g. quarterly). The analytics can be the same for each run or a new selection can be made to emphasize in an area of current interest.