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KPMG introduces new Velocity digital transformation bundle

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KPMG has introduced a new consulting offering dubbed Velocity that promises to streamline companies’ digital transformation projects.

The offering combines several of the Big Four member’s existing digital transformation services. According to KPMG, it unifies those services under a “common methodology.” That sounds like the firm has not only moved the offerings under the shared Velocity brand but also made a number of technical changes to make them more competitive. KPMG didn’t provide any clues as to what those changes might be, but did specify Velocity will include AI tools. 

The first component of the new consulting bundle is an existing digital transformation service called Connected Enterprise. According to KPMG, it helps corporate clients optimize customer-facing tasks such as personalizing product offers for different buyers. Connected Enterprise also promises to provide supply chain improvements. To deliver those benefits, KPMG’s consultants can set up analytics tools, identify procurement optimization opportunities and make other operational enhancements. 

The second component of Velocity is Powered Enterprise. It’s another existing consulting service that promises to help firms optimize backoffice functions such as finance and HR. KPMG can help a company standardize employees’ backoffice workflows, as well as deploy new cloud applications to boost their productivity. 

A third notable component of Velocity is a service dubbed Trusted Imperative. It’s designed to assist clients with regulatory compliance tasks. For example, a company setting up a customer analytics platform could hire KPMG to ensure the software collects user data in a GDPR-compliant manner. 

KPMG specified that Velocity includes not only consulting services but also “templates and pre-configured solutions.” In the consulting world, preconfiguring solutions are often internally-developed software modules that a professional services provider reuses across client projects. In other cases, the term might simply describe a set of best practices for performing a task such as setting up analytics dashboards.

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