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



tablets

Think digital, be human, act with purpose



  

computers

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



target

Turn risk into opportunity



Workforce Insights

Evidence-based decision making balanced by the organization’s core purpose. Positions HR as the predictive engine that leaders and the business seek.

  

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.