Energy and natural resources

Identifying and responding to signals of disruptive change in the market is essential for the successful development of the energy supply company.

But how do you recognise these, especially in view of the challenge of increasingly volatile environments and complex business models? The solution lies in using innovative technology to analyse and interpret new data and information in ever shorter periods of time. The starting point and fundamental building block for this is the finance function - provided it is set up accordingly for the future.

The goal: a future-orientated, value-adding and resilient finance function

Is your finance department only making a small contribution to the successful strategic and operational development of your energy supply company? Then you should tackle the finance transformation so that it can fulfil the constantly growing operational and strategic requirements. This will turn the finance function into a value-creating business partner that anticipates changes critically and with foresight and provides the relevant decision-makers with the right information at the right time. Your finance organisation thus makes a reliable contribution to the successful strategic and operational leadership of the energy supply company and achieves a whole new level of process efficiency.

Our method for your successful financial transformation

In order to achieve this goal, adjustments need to be made to the finance function and the structures and processes that have evolved over time. We support you in this challenge: with our finance transformation programme, you can leverage the potential of your finance function for a digital future. It is based on fully harmonised and standardised financial processes, value flows and master data.

With the help of our KPMG Powered Enterprise solution, end-to-end processes are considered holistically and neighbouring areas such as HR, customer relationship management (CRM) and supply chain management (SCM) are also included. A management model geared towards this focuses on the strategic alignment of the finance function as a reliable, value-adding partner in the energy supply company and consists of three components: the finance strategy, the management model and the finance target operating model.

Integrated technologies and systems are the foundation of our end-to-end consulting approach: they ensure that the requirements of the management level and processes are met.

The redesign and digitalisation of the value chain at energy suppliers and municipal utilities also requires new ERP systems. KPMG supports the optimisation, harmonisation, consolidation or completely new introduction (incl. design, implementation, rollout) of ERP solutions in the course of business transformation or IT optimisation or IT cost reduction.

Our focus is not only on the functional design, but also on the actual transformation, i.e. the transition to the target state. We offer solutions for the following topics:

• ERP system implementation as part of complete business transformations (e.g. the global introduction of a new SAP platform following adjustments to the business model)
• Consolidation and harmonisation of differentiated, historically grown ERP system structures (e.g. OneERP projects, both for large companies and municipal utilities)
• Implementation of complex migrations and conversions in the context of (master) data harmonisation (e.g. global supplier harmonisation, adjustments in the context of merging companies or splitting up groups)
• Modernisation of complete ERP system landscapes in line with technical progress (in particular the conversion to SAP S/4HANA)
• Provision and implementation of flexible ERP solutions in connection with corporate transactions and restructuring (e.g. SAP Business by Design)

Our multidisciplinary teams of experts support energy suppliers in all strategic, technical and organisational issues relating to digitalisation and big data, developing analyses that create added value from data based on many years of experience and a high level of professional and technological expertise. The basis for this is a sound understanding of the different types and sources of data in the company.

KPMG's EPA digitalisation and big data solution was designed specifically for the challenges of the industry. We are continuously developing our solutions and also keep an eye on the energy supply company market environment, regulatory changes and future developments such as machine learning or robotics as well as innovative disciplines such as data science.

We offer companies in the energy sector a tailor-made range of services for all issues relating to digitalisation, big data and data science:

• Strategic consulting
• Organisational support
• Technological consulting including sizing
• Professional and technical implementation
• Training and support for change processes
• Data analytics as a service
• Integration of our toolset into existing or new data science structures (from organisation to implementation)

Improvements in the core business of an energy supplier can only be achieved with appropriate IT support. KPMG supports energy suppliers in their IT transformation, from strategy and design through to implementation. We have expertise in the wide range of necessary topics as well as the experience to successfully manage such complex programmes.

Our experienced transformation managers

• set up your transformation management office using our tried-and-tested methods and tools.
• derive KPIs from your goals that describe your complex change initiatives from top to bottom line - and pursue these goals rigorously and with the careful eye of an auditor.
• pragmatically manage critical organisational, procedural and technological changes and control dependencies. KPMG is able to manage complexity.
• have broad knowledge to avoid working in silos and achieve acceptance in both the specialist departments and IT. You utilise the knowledge and resources of KPMG's global operations.
• Collaborate with your organisation and other service providers to ensure the success of your project.