KPMG Strengths, Domain Expertise, and Key Differentiators
KPMG Leasing Tool has been built on the IBM TRIRIGA platform, which has been tried and tested for handling lease administration at some of the world’s largest companies. KPMG’s configuration of the IBM TRIRIGA platform includes their accounting change methodologies and feedback gathered from over 100 large organizations preparing to adopt the proposed Leases standard.
The web-based tool is hosted in their private cloud for easy maintenance and future upgrades. In addition, by KPMG hosting the tool, clients will be provided with greater efficiency and flexibility in terms of data storage, processing, and security. The tool will continue to evolve with changes to the lease accounting standard to address additional complexity in the standard. KPMG’s tool includes user functionality to support the following areas: Project management, Lease inventory completeness and data capture, Financial reporting and disclosures and Lease activity business intelligence reporting.
KPMG Recent Developments
The KPMG Leasing Tool is a pre-configured SaaS solution providing an integrated leasing solution.
KPMG Mergers and Acquisitions (M&A) Activities
Crimsonwing makes KPMG one of the largest ‘big four’ providers in Europe of Microsoft Dynamics consulting and implementation services.
KPMG Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying KPMG applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of KPMG and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified KPMG Leasing Tool (built on the IBM TRIRIGA platform) customers.
KPMG Overview
Ownership: - x
Number of Employees: 236000
Functional Markets: ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K64, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
KPMG Key Enterprise and Cloud Applications
KPMG Leasing Tool (built on the IBM TRIRIGA platform)
KPMG Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
KPMG Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
KPMG Enterprise Applications Revenues By Functional Markets, $M:
KPMG Enterprise Applications Revenues By Verticals, $M:
KPMG Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
KPMG Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
KPMG Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified KPMG Customers
No. of KPMG Customers: 100
No. of KPMG Enterprise Applications Customers: x
No. of KPMG Cloud Customers: x
No. of KPMG Cloud Subscribers: x
Multiple FORTUNE 100 clients with complex lease portfolios are using the KPMG Leasing Tool to help meet ASC 842 and IFRS 16 standards. Among KPMG customers are Johnson & Johnson, Microsoft, Comcast, GAP, Cigna, USG Corporation, HCA Healthcare, and others.
KPMG Market Opportunities, M&A and Geo Expansions
KPMG has become one of the first large UK businesses to set a target for the number of employees from working-class backgrounds. KPMG has defined the working class as having parents with "routine and manual" jobs, such as drivers, cleaners, and farm workers. It wants 29% of its partners and directors to come from working-class backgrounds by 2030.
By combining KPMG’s accounting experience with IBM’s technology platform, KPMG is able to offer a distinct solution that can help companies comply with the leases standards.
KPMG’s configuration of the TRIRIGA platform includes its accounting change methodology and feedback gathered from over 100 large companies preparing to adopt the leasing standards. The KPMG leasing tool for IBM TRIRIGA is a cloud-hosted application—allowing KPMG to provide version upgrades and enhancements automatically. KPMG can assist clients in operationalizing the standards through the use of this technology.
KPMG Risks and Challenges
KPMG Leasing Tool has been built on the IBM TRIRIGA platform, making KPMG heavily dependant on IBM Go To Market Strategy.
KPMG Ecosystem, Partners, Resellers and SI
Based on its experience with accounting change and the broad impacts it can have on an organization, KPMG LLP (KPMG) is well-positioned to help any company implement the new leases standards.
KPMG’s strategic alliance with IBM combines the business performance, financial, regulatory, risk management, and tax competencies of KPMG with the technology prowess of IBM. The alliance leverages the combined strengths and capabilities to help resolve business issues and provide compelling and distinct solutions in each engagement. We work together to drive financial and operational efficiencies through technology-enabled transformation.
KPMG Cloud Infrastructure Insights
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- KPMG Public Cloud and Infrastructure (IaaS)
- KPMG Platform (PaaS)
- KPMG Application Delivery
- KPMG Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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