KPMG is a veteran global network of firms specializing in audit, advisory, and tax services, with an impressive stack of technology solutions for clients addressing digital transformation.
A century after the accountancy’s earliest firm started in London, the merger of KPMG in 1987 set the UK- and Dutch-based company up for the digital revolution witnessed in the last few decades. KPMG’s stack of industry-recognized digital solutions shows it’s not just an accountancy anymore. With professionals in 145 countries, the global professional services network is one of the largest enterprise IT partners and offers end-to-end services for clients.
This profile looks at KPMG services and solutions, target markets, user opinion, industry recognition, financial position, and historical background for potential channel partners to evaluate.
KPMG Solutions and Specialties
The multinational advisory company offers a range of industries services for:
- Audit and Assurance: Quality and innovative audits for financial statements.
- Tax and Legal: Compliance, employment, asset management, and holistic tax services.
- Advisory: Partnering to address performance, protection, transformation, and ESG.
- Private Enterprise: Meeting client needs at every stage of the business cycle.
Interested clients can submit a request for proposal (RFP) for more information on managing specific projects. The below sections dive deeper into specific KPMG services for advisory, private enterprise, and auditing.
KPMG’s advisory services include strategy design, risk management, deal advisory, and management consulting for hands-on client support.
For the latest strategy design and implementation, KPMG Global Strategy Group (GSG) includes over 2,400 professionals addressing strategy around growth, deals, digital, and operations. Consultants have utilized the 9 Levels of Value (9LoV) for more than twenty years to help clients find financial, business, and operating model efficiencies.
Overarching values offered by the GSG include:
- Taking on disruptive forces with confidence.
- Redefining the customer experience (CX).
- Realizing and maximizing stakeholder value.
- Transforming client capabilities needed to thrive.
- Creating and maintaining a digital advantage.
Managing Traditional and Emerging Risks
There’s no scarcity of risks for organizations to avoid, and KPMG has a track record of addressing clients’ business, financial, and operational transparency. With digital infrastructure maturing, enhancing data privacy, cybersecurity standards, and governance, risk, and compliance (GRC) systems are increasingly important.
The enterprise partner offers a range of traditional and emerging risk management solutions like the above and services for financial crimes, forensic investigations, crisis management, and operational risks.
Maximizing Deal Value
Enterprise organizations are no stranger to significant transactions. Whether it’s buying, selling, or funding a business, the company’s deal advisory services can assist with making the most – and optimizing value – in the decision.
KPMG associates offer corporate transaction advisory services, including mergers and acquisitions, equity capital, debt funding, valuation, restructuring, and insolvency. In a call to the channel ecosystem, the company also offers joint ventures and alliances services to ensure partnerships last and deliver maximum value to stakeholders..
To gain a competitive advantage or accelerate business, KPMG’s Management Consulting professionals work with clients to identify and address today’s challenges. As an industry-recognized enterprise vendor, the company’s management advisory services are an extensive list, including:
- Customer Experience: value, marketing, omnichannel, lifecycle, sales, and service
- Support Functions: finance, accounting, global business, HR, IT, and procurement
- IT Infrastructure: architecture, integration, UX, delivery, applications, QA, and workflows
- Workforces: behavioral change management, org design, and talent management
- Data Insights: industry analytics, visualizations, info management, and performance
- Managed Services: IT service management for the US, UK, Canada, and India
- Emerging Technologies: advanced data management, AI, and intelligent automation
Also read: Best Managed Service Providers (MSP) Tools
Private Enterprise Solutions
As it comes with the territory, organizations are in safe hands with the company’s expertise in corporate and global tax management and assurance. This section looks at how KPMG member firms address common enterprise challenges and help private clients grow and transition.
Starting and Maintaining Business
KPMG’s services include business planning, startup financing, and strategy for organizations starting or scaling. Advisors can lead clients to R&D opportunities and strategic alliances with leading technology vendors.
Growing and Strengthening Business
Organizational growth always comes with some growing pains. KPMG offers organizations the latest IT solutions for data, analytics, cybersecurity, financing, capital management, and the resources to expand into 156 countries.
Optimizing Business Transitions
Company owners, board members, and executive management looking to transition can rely on KPMG for succession planning, business sales, initial public offerings, and M&A tax transactions.
Enhancing Audit Systems
The longtime accounting and advisory company continues to innovate in auditing with its smart audit platform, KPMG Clara. The cloud-based platform for clients allows stakeholders to centrally and securely manage sensitive data and address the increasing value of data governance. In all, Clara covers over 100,000 clients with the support of 85,000 auditors.
KPMG is a comprehensive management consultancy supporting global businesses as clients in over twenty industries, including:
- Asset management, capital markets, financial services, insurance, and private equity
- Automotive, industrial manufacturing, and infrastructure
- Chemicals, energy, natural resources, and mining
- Government and public sector, healthcare, and life sciences
- Information technology and telecommunications
- Media, sports, transportation, and leisure
Also read: Top Channel Incentive Management Software
Industry Recognition and Reviews
The Forrester Wave
|Data Management Service Providers||Q4 2021||Leader|
|Microsoft Business Applications Services||Q4 2021||Strong Performer|
|Global Cybersecurity Consulting Providers||Q4 2021||Strong Performer|
|Digital Business Transformation Services||Q4 2020||Strong Performer|
|Digital Process Automation Service Providers||Q3 2020||Leader|
Gartner Magic Quadrant and Peer Insights
|Software Asset Management Managed Services||2021||Niche Player|
|Oracle Cloud Application Services, Worldwide||2021||Visionary|
|Data and Analytics Service Providers||2021||Leader|
KPMG holds more than 110 client reviews with an average score of 4.5 / 5 stars across seven solution categories on Gartner Peer Insights, including:
- CRM and Customer Experience Implementation Services
- Software Asset Management Managed Services
- Risk Management Consulting, Worldwide
- Security Consulting Services
- Organization Security Certification Services
Clients highlight actionable insights regarding data management and industry trends, skilled workforce, and project management accuracy and reliability in customer reviews.
|Worldwide Digital Strategy Consulting Services||2021||Leader|
|Worldwide Artificial Intelligence Services||2021||Leader|
|Worldwide Microsoft Implementation Services||2021||Leader|
|APAC MS Dynamics 365 Implementation Services||2021||Leader|
|Worldwide Business Consulting Services||2020||Leader|
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Alliances and Ecosystems
KPMG member firms maintain strategic alliances with almost 50 IT product and service providers for corporate services, customer experience, compliance, digital acceleration, procurement, cloud, and cybersecurity solutions.
|Featured Alliances||Alibaba Cloud, Appian, Automation Anywhere, BluePrism, Coupa, Flexera, Google Cloud, IBM, Ivalua, Microsoft, Oracle, RSA, SAS, SailPoint, Salesforce, ServiceNow, Thomson Reuters, and Workday.|
|Other Notable Partners||Aprimo, Aptitude Software, BWise, Celonis, CyberArk, Informatica, MetricStream, Okta, OneTrust, Pegasystems, Ping Identity, Red Hat, SirionLabs, Snowflake, Sparta Systems, VMware, Verizon, Wolters Kluwer, and Workiva.|
KPMG: Company Background
Alongside the growth of accounting and professional services at the turn of the 19th century, KPMG’s component letters are rooted in four different individuals and firms:
- Piet Klynveld (K) in Amsterdam, The Netherlands, in 1917.
- William Barclay Peat (P) in London, England, in 1891.
- James Marwick (M) in New York City, New York, in 1897.
- Reinhard Goerdeler (G) in Germany in 1953.
In 1987, KPMG made a splash in the global accounting pool through the merger of KMG (merged in 1979) and Peat Marwick. With immense success, the Europe-based consultancy spun off parts of its American, UK, and Dutch operations to form BearingPoint in 2001 and Atos in 2002. Both companies are notable enterprise IT channel partners in their own right today.
In 2022, KPMG employs over 236,000 supporting clients in 145 countries and territories. For the fiscal year ending in September 2021, the global network of firms reported annual revenues exceeding $32.1 billion.
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