As the economy recovers, we are seeing increasing demand for transformational services.
The ongoing economic recovery is one key growth driver. Additionally, there is strong demand for our professionals who provide real insights to clients and who are responsive to and understand the changing needs of business. In KPMG, we are seeing increasing demand for transformation services, regulatory advice and risk related services, while the more recent ramp-up in transaction activity in the Irish marketplace is driving significant demand for our tax and deal advisory services.
We are also seeing considerable activity in our assurance practice with demand coming from clients across a broad range of sectors. Increased audit tendering activity arising from the EU Audit Reform is a key feature of the audit market today.
We’ve always had a reputation for working with domestically owned companies of every size and type. These companies are at the core of what we do in KPMG, as they need a level of expertise that matches their ambition. So if they are exporting, making acquisitions, raising finance and all the other indicators of success, then they want to work with people who do this well and are cost competitive – that’s where so much of our reputation has been built.
A strong vibrant SME segment is critical to the future of the Irish economy. We are investing significantly in this segment and will be rolling out a number of initiatives in the coming months.
Much of the uplift is being driven by economic sentiment. So whilst there is some caution about the global economy, there are many Irish-based businesses looking to make strategic acquisitions or disposals, and they want to do it this year. We’re involved in so many of these deals because of a track record in helping people get the best outcome – and that’s down to our experience.”
This article first appeared in the March edition of Business Plus and is reproduced here with their kind permission.