Business Intelligence 

Business Intelligence (BI) is estimated to be a US$50 billion market globally, with the average FTSE 100 company spending US$200 million a year in this area.

However, research commissioned by KPMG (carried out by Cambridge University in 2009) shows that that too many BI initiatives focus on the IT tools and not on driving business performance.

We can help your business get the most value from your BI investment, bringing confidence that you are getting the insights you need to make informed decisions and ultimately improve the performance of your business.

What's on your mind?

 

  • The need for relevant, reliable and timely data to improve decision-making ability
  • The need for insights on a comparable basis from across the organisation, e.g. a global view of your customer, product or brand
  • Increased regulatory pressures to provide not only reporting, but analysis of areas of risk as well as  potential exposure
  • The need to rely less on spreadsheets for forecasting or reporting, and reduce resources spent on manual reworking of data
  • Concern that despite investing in BI, it has still not resulted in an improved understanding of the business or better decision-making ability


Bringing you peace of mind

 

Our approach addresses each of these components:

 

  • Strategic alignment - by understanding your strategic objectives and decision-making processes, we help you deliver the right information to support your strategy
  • Governance - by identifying who owns, uses and  produces information, we can help you create consistent and accurate performance reporting
  • Performance management and reporting - by integrating planning, forecasting, budgeting and reporting, we help you focus on the information that matters to you
  • Integrated information management -  by truly managing information as an asset, we remove duplication and help you achieve accuracy, consistency and integrity of your data
  • Business intelligence platform - by understanding how you use information we can help you use the right toolset to improve decision-making in a costly manner
  • Infrastructure - we help you implement a secure, flexible, scalable and cost-effective information infrastructure


What's in it for you?

 

  • Improved transparency for management with timely, effective and strategically aligned KPIs
  • Better business performance through forecasting and understanding of your portfolio using profitability and risk analysis
  • Reduced risk by implementing effective data management and governance, reducing data duplication and manual intervention
  • Improved visibility of your business performance by breaking down organisational and technical barriers to provide an integrated perspective
  • Reduced cost of information by implementing integrated and fit for purpose solutions, rather than a multitude of reporting tools and / or reliance on Excel


Why KPMG?

 

  • We are not tied to vendors of software solutions and can therefore offer you an independent view of all the available options
  • We have more than 50 dedicated business intelligence professionals in the team with ambitious growth plans to expand further in the next 2 years
  • Our team of experts has a global reach and understanding of applying BI solutions to the issues surrounding multi-national corporations.  Our expertise covers all areas of the Finance function from operational through to Tax and compliance


Case Study

 

Examples of BI initiatives that have delivered real business benefits

 

  • Through understanding and standardising product costing, we helped a global manufacturing company to stop spending US$130 million per year in marketing a product that was not profitable
  • We helped a UK utility company to identify £33 million of annual savings through a better understanding of the key commercial drivers in the power trading model, and aligning their information, process and controls to directly support the management interventions
  • Through their vendor Master Data standardisation initiative, a Global Energy company were able to understand their global spend by Vendor with our help, and leverage their buying power to save US$1 billion per year

Contact

Eddie Short

 

Partner
KPMG UK (LLP)

 

020 7694 4442 | eddie.short@kpmg.co.uk

 

Management Consulting - How We Can Help

Does your business intelligence tell you the whole story?

The execution of business strategy is often hampered by a lack of reliable information. In today’s turbulent and unpredictable conditions, it’s more important than ever to gain continuous market insight and have the agility to react quickly.

KPMG Performance & Technology is now KPMG Management Consulting

Related Insights