Finance transformation is essential for creating a dynamic, tech-driven approach that extends beyond simply reporting historical results. Today, companies expect finance to actively drive performance, support decision-making and improve operational efficiency.
Disruption is occurring at an unprecedented speed
Many organisations have already taken significant steps to improve their back office and have demonstrated that an agile operating model with automation, digital enablement and improved data strategy is key to becoming a strategic partner for the business. KPMG in India takes a tailored approach to support your finance transformation journey. Using the right tools and accelerators, our integrated processes and technologies can help you to quickly focus on cost reduction, improving performance and transparency, accelerating finance integrations or separations and enhancing risk management and governance.
Our Capabilities
- Finance strategy and transformation
- Enterprise performance management
- Digital finance
- KPMG Powered Enterprise Finance
- Profitability and cost management
- Performance improvement
KPMG in India helps clients develop a business-aligned finance strategy that meets these high expectations by helping build a more agile finance organisation that can leverage data assets and cloud technology to enable business growth. Our well-established, KPMG in India target operating model framework is based on a deep understanding of how transformation works across an enterprise. We deliver a detailed road map of improvement opportunities, required resources and specific operating models. This transition shifts finance departments from transaction processing to strategic decision support, fuelling growth and enhancing service delivery.
Finance process transformation
Our approach helps organisations and CFOs get a holistic view of finance functions and finance operating model, a detailed road map of where we are, what we want to achieve and improvement efforts to achieve the goals. We also help organisations find the required resources and measurement of implementation by developing strategies to design, implement, and enhance finance functions across organisations.
Finance function benchmarking
KPMG in India offers a robust financial performance assessment approach, supported by our deep industry expertise, to deliver rapid insights, consistent analysis, and benchmarking against peers or industry leaders. Leveraging a proprietary database spanning companies across diverse industries and enriched with extensive performance metrics, combined with deep industry insights and practical experience, we deliver tailored solutions that drive measurable results. It provides clients with an extensive view of their finance function's performance and a clear roadmap to achieve finance excellence.
Finance target operating model
An effective TOM should address inefficiencies, high costs, poor customer service, and missed opportunities, ensuring better alignment with business strategy. Our tailored approach helps clients create and implement operating models that enhance finance operations and align with key business areas, backed by global methodologies and KPMG Powered Enterprise® services.
In a rapidly evolving market, organisations need a structured approach to align strategy with execution and drive sustainable growth. KPMG in India assists organisations connect strategic goals with operational performance through EPM, enabling finance to provide critical insights for better decision-making. With our deep expertise in EPM, we help organisations implement targeted enhancements and full-scale transformations to enhance enterprise value. Leveraging our strong technology alliances, we can deliver extensive and cutting-edge EPM services tailored to our clients’ needs.
Planning and budgeting
Organisations today must embrace agile, data-driven planning and budgeting to maintain a competitive edge. KPMG in India’s planning and budgeting services help organisations enhance financial planning, improve forecasting accuracy, and align budgets with strategic objectives. By leveraging Driver-Based Planning (DBP), businesses can shift from static budgeting to dynamic, scenario-based forecasting, enabling real-time decision-making and greater operational resilience.
Intelligent forecasting
With KPMG Intelligent Forecasting, business leaders are creating a planning process that works for them—based on predictive modelling and advanced analytics. Intelligent forecasting enhances budget and forecast accuracy, reveals key internal and external value drivers, establishes data-driven financial targets using machine learning, mitigates forecast bias, leverages predictive modelling and external data, and links decision-making to profitability.
Multi – dimensional reporting and analytics
We help organisations transform financial data into strategic insights through advanced analytics and streamlined reporting frameworks. By measuring performance, analysing trends, and streamlining processes, we enable enhanced decision-making and continuous improvement. Our real-time dashboards and automated reporting streamline manual effort, assist consistency and compliance, and provide a holistic view of organisational performance.
Close and consolidation
In a complex business environment, organisations operate across multiple business units, geographies, and functions, making financial consolidation a critical process for accurate reporting and decision-making. Our consolidation services streamline financial reporting by integrating data from diverse business units, ensuring accuracy, transparency, and compliance. Beyond financial consolidation, Integrated Business Planning (IBP) enables organisations to unify planning efforts across finance, operations, and supply chain, creating a single source of truth for strategic decision-making.
KPMG in India helps organisations stay competitive by harnessing the power of AI while managing its complexities and risks. From conceptualisation to the final deployment, we help you navigate through the intricate terrain of leading technologies, cultivating an environment with confidence and trust in AI's transformative capabilities. By identifying avenues for change, devising action plans and adhering to industry benchmarks, our suite of AI services not only helps you drive innovation but does so in a manner that is both ethical and responsible.
Finance.AI
KPMG in India is at the forefront of finance transformation, leveraging artificial intelligence and agentic AI to revolutionise the finance function. Our AI-driven services such as automated flux analysis, smart period-end financial close, machine learning-based anomaly detection, intelligent CFO-level dashboards, etc.-are designed to deliver greater efficiency, accuracy, and strategic insight.
AI has evolved from automating basic tasks to enabling advanced analytics, predictive modeling, and real-time decision support. To fully harness AI’s potential, the finance function must embrace digital fluency, data quality, and cross-functional collaboration. This transformation empowers finance teams to shift from traditional reporting to proactive, value-added roles-driving business growth and resilience in an increasingly complex environment. Some of the AI use cases are provided below -
Smart close command centre
Smart close command centre automates financial close processes, delivering real-time insights, trusted transactions, and faster, more accurate reporting that transforms finance into a strategic partner.
Flux analysis
Flux analysis automates variance analysis with intelligent root cause identification enabling finance teams to quickly uncover insights and drive smarter decisions.
SpendIQ
SpendIQ uncover hidden savings, reduce procurement costs, and drive strategic sourcing decisions using AI powered spend analytics.
Collections copilot
Collections copilot automates the dunning process with personalised communication strategies to improve recovery rates.
Digital AI-led process transformation
By integrating AI into your business processes, we can help you boost your efficiency, productivity, and decision-making by automating repetitive tasks, enhancing workflows, streamlining operations and providing data-driven insights.
Digital finance maturity assessment
Our assessment helps organisations to evaluate their current state, pinpoint improvement areas, and plan digital finance enhancements, progressing from manual processes to automated, integrated operations. The focus is on fostering collaboration and strategic alignment by promoting intelligent automation, predictive analytics, and streamlined data structures empowering better decision-making and driving long-term success.
KPMG firms offer a comprehensive suite of services designed to modernize and enhance back-office operations Our powered finance offering takes an outcome-driven functional transformation approach. Leveraging target operating models that are designed with the future in mind, alongside leading practices and processes and pre-configured SaaS (Software as a Service) platforms, with advanced technology enablers, we help to enhance processes, governance, people skills and the power of data.
Click KPMG Powered Enterprise Finance to explore more details.
Powered Execution Suite
The Powered Execution Suite (PES) is a set of project delivery tools designed to enhance, accelerate, and reduce the risk of KPMG Powered Enterprise engagements. Using the PES on a KPMG Powered Enterprise functional transformation project creates a different working experience for all stakeholders. Your project can find new efficiencies and an enhanced collaborative working experience that reduces risk and leads to a more successful outcome.
Pre-built target operating model
KPMG in India’s pre-built target operating model includes six layers: Process, People, Service Delivery Model, Technology, Performance Insights, and Governance. Understanding how these six components interrelate is essential for creating an integrated, highly functional approach that offers peerless visibility into potential changes and their impacts. Each of the six layers contain several 'assets' which are predefined and are designed to help you get to where you need to be sooner. Using this combination of assets help your organisation to envision where you are heading and if it will work for you.
As strategic collaborators, KPMG in India professionals help you develop effective costing operating models that turn your vision into long-term value. Whether modernising processes or transforming entire business functions, we focus on driving outcomes beyond cost savings, such as enhancing stakeholder trust and improving customer retention. Our approach includes defining extensive costing model that integrates data, processes, rules, definitions, systems, reporting, and controls to support informed, strategic decision-making and enhance operational efficiency.
Standard costing
To stay competitive, it's essential to implement standardised costing methods, enhance overhead allocation, and benchmark cost drivers. Supporting these practices with variance reports and extensive cost models we assist in ensuring efficiency and cost control across product lines, helping you enhance profitability and streamline operations.
Finance function benchmarking
To enhance operational efficiency and product profitability, institutions must adopt Activity-Based Costing (ABC) to accurately identify cost drivers and build transaction-level costing. Our support includes detailed analysis of organisational structures and processes, leading to precise cost allocation, process improvements, and insightful management reports, which aid strategic decision-making and ensure sustainable growth
IT financial management
IT financial management focuses on streamlining the value of IT investments by making informed decisions that align with the organisation's strategic goals and understanding both short-term and long-term financial impacts. It also emphasises the importance of effective communication between IT leaders and stakeholders, including executives, by providing tailored information that meets their needs, helping ensure that the value and implications of IT investments are clearly understood and appreciated.
Working capital improvement
Unpredictable markets and heightened demand for corporate transparency are increasing the pressure to manage liquidity and cash effectively. Our dedicated team of cash and working capital professionals use established methodologies and technology to help increase liquidity and cash positions. We identify cash flow opportunities, streamline receivables and payables processes, and implement customised strategies to reduce tied-up capital.
With a balanced approach, we enhance your cash position while maintaining strong business relationships, providing you with the financial agility needed to navigate challenges and drive growth.
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