An international industrial client was planning to spin off a business unit worth billions from the group and establish it as an independent entity. This client case study illustrates how KPMG supported the separation of finance, IT and operational structures and created the organisational conditions necessary for the carve-out.
MAKE Carve-outs Day One-Ready
Day One Ready
The spun-off unit achieved full autonomy within a year.
20 % increase in efficiency
Significant savings were achieved in the finance and accounts department by the external service provider.
Sustainable transparency
The dashboards that have been implemented are still used today for operational receivables management.
Client
International industrial client
Sector
Industry
Project goal
Establishment of an independent organisation and separation of finance, IT and operational structures for a carve-out.
Technology
Power BI dashboards, reporting and receivables management solutions, finance and IT transformation.
Video: Ann-Kristin Franz on a successful carve-out and the path to independence.
The path to customer transformation
- The task
- Our approach
- The added value
Putting a business unit on the path to success
The client was planning to spin off a business unit worth billions. To ensure the new unit could be fully operational from day one, numerous issues relating to organisation, responsibilities, financial processes and IT systems had to be resolved. The aim: to break away from existing group structures and establish an independent organisation.
Creating structure. Developing a vision. Ensuring transparency.
Our experts first brought structure to the complexity of the carve-out, identified risks and established the necessary governance framework. Working alongside the client, the team then developed a vision for the processes, systems and responsibilities of the new organisation. In addition, Power BI dashboards were implemented, which provided transparency regarding key performance indicators and, in particular, supported receivables management.
Creating autonomy. Boosting efficiency.
After one year, the spun-off unit was fully autonomous and thus ‘Day One Ready’. Efficiency gains of 20 per cent were achieved in the finance and accounting departments. The dashboards introduced during the project continue to be used to manage the company’s operational processes.
How we make the difference
With our extensive expertise in finance and IT transformation, and by keeping an eye on the bigger picture, we support companies through complex carve-outs and lay the groundwork for them to make a fresh start as independent organisations.
KPMG. Make the Difference.
Your contact
KPMG employees can make the difference on your transformation journey, because when technology is placed in the right hands, great things can happen.
Through the personal insights, success stories and technology solutions of our consultants, discover how KPMG can help your organisation increase agility and resilience, laying the foundation for holistic growth.
KPMG. Make the Difference.