New KPMG and Workday Collaboration to Accelerate Cloud Transformations and Expand Industry-Specific Value

Alliance relationship brings industry-specific value and enables KPMG to solve clients’ most pressing business needs

NEW YORK, November 7, 2022 – KPMG is launching a new collaboration effort with Workday, a leader in enterprise cloud applications for finance and human resources (HR). As a launch partner for the Industry Accelerator program from Workday, which was announced during Workday Rising, KPMG will support cloud transformations by introducing Industry Accelerators in two key business areas:

“Our successful alliance relationship with Workday combined with this new program will have a hugely positive impact on the way we’re able to quickly find innovative solutions to our clients’ most pressing problems – adding value by leveraging the industry-specific value the Industry Accelerators will bring,” said Kalpana Ramakrishnan, Partner, Advisory at KPMG.

This new alliance effort will transform business processes for customers by using joint innovation, purpose-built solutions, and Workday’s robust ecosystem across banking and healthcare. KPMG’s global reach combined with Workday’s expertise will help address the increasing demand for digital transformation, simultaneously lowering risk during technology migrations and increasing access to faster innovation – improving processes for both KPMG professionals and clients alike.

“Today, customers are looking for proven industry expertise and purpose-built, composable solutions to help transform the management of their critical resources: finances and people,” said Sam Alkharrat, Chief Partner Officer, Workday. “The Industry Accelerators for Banking and Healthcare with KPMG highlight the most important pillar of Workday’s open and modern ecosystem strategy, which is co-innovating with our partners to deliver faster time to value for our joint customers.”

KPMG is leveraging its existing industry-specific Powered Enterprise solutions in healthcare and banking as the basis to build out more robust Industry Accelerators with Workday. Additionally, KPMG plans to extend the existing ecosystem of third-party, integrated solutions that address industry-specific requirements by extending outside of the Workday platform to co-innovate new functionality that will benefit clients.

KPMG has deep experience in cloud transformation and has already helped to enable thousands of clients to migrate their finance and HR capabilities to the cloud. Now, incorporating Industry Accelerators from Workday, KPMG is offering clients in vertical markets a streamlined pathway to the cloud, an open system that supports interoperability in complex environments, and innovation that is specific to their industry needs.

In addition to partnering with global firms like KPMG to launch the initiative, Workday’s robust ecosystem of software partners will provide proven integrations to meet unique workflow and business process requirements, giving KPMG clients faster time to value, lower risk, and faster community-driven innovation.

About KPMG

KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 144 countries and territories and has more than 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

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