Tuesday, December 3, 2024

IBM and KPMG’s SAP Transformation

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SAP Services by IBM and KPMG

IBM and KPMG LLP recently announced that they are strengthening their partnership to support client business transformations as they adopt SAP S/4HANA in the energy and utilities sector. Cloud enterprise resource planning (ERP) initiatives face the risk of failing if the proper business knowledge and technology are not in place to completely integrate them. Together, IBM Consulting and KPMG are bringing to the ERP implementation process a wealth of consulting, operations, tax, risk, and finance knowledge to aid energy and utilities firms in automating and managing critical business activities for optimum performance.

Global leader in SAP transformations, IBM Consulting offers cogent, collaborative solutions built on extensive domain expertise, artificial intelligence (AI), and hybrid multi-cloud deployment. IBM offers a strong partner ecosystem, well-established technology, and extensive expertise, including a 50-year partnership with SAP. In more than 25 countries, KPMG delivers business-led, SAP-enabled functional transformation expertise while using in-depth understanding of the energy and utilities industries to produce business value.

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According to Bill Piotrowski, Americas SAP Leader for IBM Consulting, “as companies across industries accelerate the shift to the cloud and consider the move to SAP S/4HANA, they will need the support from trusted experts to help achieve success in any transformation project.” “We’re excited to partner with KPMG to provide Energy & Utilities clients access to industry insights that will help them capitalize on their SAP investment supported by experience in supporting numerous SAP S/4HANA transformations worldwide.”

In terms of implementing SAP technology, cross-sector business processes, regulatory, risk, finance, and tax concerns, as well as operational challenges, KPMG and IBM Consulting contribute complimentary skill sets. When the businesses’ expertise and experience are combined, results may be improved for the benefit of customers and effective ERPI implementation throughout the energy and utilities industry.

The chance of a successful ERP installation may be greatly increased, according to Brad Stansberry, Energy & Chemical Industry Advisory Leader at KPMG. “Identifying the potential value created by financial considerations up front in the planning of an ERP implementation can significantly improve the likelihood of success,” he stated. “Working with IBM Consulting and the business and technical expertise they bring will expand our ability to help our joint clients accelerate productivity and unlock growth opportunities.”

At Liberty Utilities, a top supplier of local utility administration, service, and support throughout the United States and Canada, KPMG and IBM have previously together implemented a comprehensive business transformation initiative. The four-year initiative expands on Liberty’s “Customer First” project, which aims to transform the business’ operations in the areas of supply chain management, asset management, field services, and customer service.

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Jody Allison, Vice President, Transformation at Liberty Utilities, stated, “IBM Consulting has been our reliable partner, and we continue our partnership to advance our extraordinary transformation journey. “IBM’s unique relationship with KPMG brings valued finance and advisory expertise which will help extend our ‘Customer First’ platform into every aspect of our organization, allowing us to deliver to our customer’s expectations, enable our employees to serve, and facilitate growth as we will be able to easily integrate acquired businesses and assets in the future.”

By using IBM open network of partners, IBM Consulting uses hybrid cloud and AI technologies to accelerate business transformation for their customers. IBM have established ourselves as a reliable partner to the most creative and important businesses in the world by assisting them in modernizing and securing their most intricate systems. IBM do this by using their deep industry and business knowledge across strategy, experience design, technology, and operations. IBMs 160,000 consultants use their tried-and-true co-creation methodology, IBM Garage, to scale ideas into results and embrace an open way of working.

Statements about IBM’s intentions for the future are just aims and objectives and are subject to change or withdrawal without notice.

About IBM

Top provider of consulting, worldwide hybrid clouds, and AI is IBM. IBM help companies in over 175 countries use data insights to boost operations, cut costs, and become more competitive. Over 4,000 government and corporate organizations in financial services, telecommunications, and healthcare use IBM’s hybrid cloud platform and Red Hat OpenShift to accelerate, secure, and simplify their digital transitions. IBM’s AI, quantum computing, industry-specific cloud services, and consultancy innovations serve our customers. IBM’s years of service, diversity, responsibility, trust, and transparency support this.

Regarding KPMG LLP

The American branch of the international network of independent professional services companies known as KPMG, KPMG LLP offers audit, tax, and consulting services. 144 nations and territories are served by the KPMG global organization, which employs more than 236,000 individuals in member businesses worldwide. Each KPMG company identifies itself as a separate, legally independent business. Private English corporation limited by guarantee KPMG International Limited. Client services are not offered by KPMG International Limited or its affiliates.

KPMG is well known for being a fantastic place to work and further your career. In addition to a strong commitment to community service, inclusiveness and diversity, and ending childhood illiteracy, KPMG employees all share a sense of purpose in the work they undertake.

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