Multinational companies are increasingly looking externally to outsource financial and tax processes such as Record-to-Report, Purchase-to-Pay and Order-to-Cash, among others.
KPMG's Managed Services offers you a solution that goes beyond traditional outsourcing – we manage end-to-end finance, accounting, reporting and tax processes.
As opposed to traditional outsourcing models – where we request relevant data and information from you, and process it, such as in a report, financial statements and tax returns – with our Managed Services model, we will take over the complete finance, accounting and/or tax process for you.
We have a dedicated multidisciplinary team that can cover multiple jurisdictions and handle high volume transactions.
Our Managed Services team is a central hub – a dedicated team composed of different specialists. We have people specialized in the set-up and day-to-day management of Managed Services, combined with a team focused on service delivery.
Beyond qualitative service delivery, our aim is to create additional value for you, generating ideas for finance and tax transformation, risk management, tax and other opportunities.
Key characteristics of our Managed Services approach:
One size does not fit all!
That’s precisely why we tailor our Managed Services to the needs of your business and finance organization.
Client: Number 1 sector leader worldwide with production activities in Europe, North-America, Latin America and Asia-Pacific
Scope: Full finance, accounting, and tax process outsourcing
KPMG response: We delivered a combined centralized and decentralized approach – whereby certain jurisdictions were handled centrally and others via local KPMG teams – in order to meet the client’s needs.
Client: Belgian listed group with production activities in Europe and North-America
Scope: Outsourcing of tax reporting, tax compliance, and financial statements
KPMG response: We delivered a combined centralized and decentralized approach whereby the overall majority of the tax reporting work was handled centrally, and the financial statement and tax compliance work was handled by local KPMG teams.
Client: BEL20 listed group with worldwide activities
Scope: Preparation of financial statements, direct and indirect tax compliance
KPMG response: We delivered a central team that ensures quality, timely service delivery and consistency, in combination with local KPMG teams that deliver local compliance services.