KPMG US

With responsibility for business strategy, digital transformation, and risk management, the office of the CFO is the catalyst for AI adoption.  At the 2024 SAP Saphire conference, KPMG US's Preeti Bangali discussed how finance can adopt AI to preserve and create enterprise value and how KPMG is helping clients boost productivity, achieve process excellence, and integrate and modernize business processes with AI. Watch below for quick insights⤵ #SAPSaphire #CFO #AI

Our recently issued KPMG American Perspectives Survey highlights in this era of digital disruption people’s evolving perspectives and expectations on digital banking, notably differences between generations, that present opportunities for banks seeking to grow their customer base.   For example, around 25% of consumers, but nearly 40% of Gen Z and millennials, are either considering or have already used alternative lending platforms such as peer-to-peer lending or microfinance. At the same time, despite the rise of digital and online channels, brick-and-mortar branches still hold value for consumers, with only 43% of consumers being open to moving to a financial institution that operates only digitally, although this rises to around 50% for Gen Z and millennials.     These, and the other survey findings, demonstrate to me that banks have to continue to invest in digital services if they want to meet the growing expectations of their customers, particularly Gen Z and millennials, who are desiring a big tech experience everywhere they go. Institutions that can deliver new and quality digital services, all-the-while having a trusted human on-hand where necessary, will be best positioned for the future.   Watch below and click for deeper insights in the full report: https://lnkd.in/eeMzWvSq   #ConsumerInsights #CompoundVolatility #Banking #FinancialServices

GenAI has dominated discussions in C-suites and boardrooms over the last year. This piece from the KPMG Board Leadership Center discusses key areas of focus and questions to ask as boards helps management prepare for the challenges and opportunities presented by the development, deployment, and use of generative AI: https://ow.ly/Zu3n50S7GzW #KPMGBLC #GenAI #BoardLeadership

Attn #KPMGInterns! Get ready for an experience like none other. #KPMGLakehouse is the first stop in your career journey. It isn't just a space for learning, it's our cultural home and a place where future leaders converge, collaborate, and cultivate relationships. Learn how we're setting up our interns for success - day one! https://ow.ly/IR8250S0CNu

Last week, KPMG US launched the American Perspectives Survey, which reveals fascinating insights on consumer sentiment as it relates to the energy transition and its cost. With 1,100 adults nationwide participating, the survey highlights the messiness of the energy transition. For example, renewables and fossil fuels seem to have the broadest appeal among consumers, while people aren’t so comfortable with nuclear as an energy source. And all cost costs equal, most Americans still would prefer to drive a standard-gas powered vehicle over a hybrid or an EV. Whether it’s educating consumers on the benefits of nuclear energy or getting customers on board with purchasing an EV or hybrid vehicle, the market – and especially the costs to the consumer – will be a significant driver of the energy transition. For additional survey insights on not just energy, but GLP1s, Generative AI and more, read here: https://lnkd.in/ev6DNZyF

Proud to share that KPMG US has been named to the Forbes Best Consulting Firms list for the ninth consecutive year. This honor is a testament to the hard work of our Advisory professionals who continue to bring deep industry knowledge to clients while helping to transform their businesses by prioritizing AI and other technology investments. Advisory Services (kpmg.com)

Private equity has entered the U.S. professional sports arena, bringing institutional capital, fresh perspectives and increasing influence. My colleagues Scott Purdy, Paul Harris, and I discuss how private equity is changing the business of sports and why it’s critical leagues strike a balance between capital infusion, commercialization, and maintaining competitive balance to ensure the long-term sustainability and success of the sports industry. Check it out:

Get set for a summer of growth and discovery! KPMG is excited to welcome our summer interns from all corners of the country this month. Prepare to hone your business skills, connect with industry leaders, find a mentor, and build a network that spans the globe. #TheKPMGInternExperience #KPMGInterns Welcome to the start of your KPMG journey!

Coming June 13 - The KPMG US Regulatory Insights Ten Key Regulatory Challenges: Mid-Year Look Forward. Get ready for current perspectives and future insights. From robust supervision to state, federal, and global regulatory discord to election-year uncertainty—regulatory intensity is driving corporate costs as well as high anxiety. Click below to subscribe today to get your copy! https://lnkd.in/eQ79882F #KPMGPointofView #KPMG #Regulatory

To help boards calibrate their 2024 agendas in response to ongoing disruption and uncertainty, the KPMG Board Leadership Center shares insights from our recent Board Leadership Conference. Read now: https://ow.ly/fsu050S7riW #KPMGBLC #KPMGInsight #BoardLeadership