Business Systems and Controls

8/22/2019 Business Systems and Controls

1/2

Business Systems and Controls

Are you optimising IT systems to maximise success and ROI?

Managing risk and complexity effectively acrossbusiness systems spanning controls, processes,people and technology is now a fundamental

business objective.Organisations want to further optimise their systems to

drive cost improvements and gain competitive advantage,

maximise success and ROI, with assurance that governance,

risk and compliance is firmly embedded to place comfort over

systems, projects and financial reporting.

Lack of adequate risk management in system

implementation and Business as usual processes can

raise security and control issues for management as regular

updates and changes can affect the design and operation of

embedded controls.

KPMG is able to help organisations manage costs and gainefficiency in their operations by reviewing risks and controls,

relating to business application controls, data integrity,

business processes and application security.

Whats on your mind?

Do you need advice on how to gain control of complex and

business critical revenue or cost processes and ERP solutions

including SAP and Oracle, efficiently and effectively?

Do you have large ERP transformation and implementations

and need advice on the best way to design controls within

ERP based business processes?

Are you under pressure to reduce the cost of risk,governance, control and regulatory compliance through

automation and transformation?

Is your controls framework adequately embedded

within your technology initiatives and business as

usual processes?

Does your organisation have conflicting views internally on

data or efficiency of business process, system functionality,

reporting, and data integrity?

Do you need to reduce costs in operational processes while

continuing to manage risk effectively?

How we can help turn risk to advantage

KPMGs Business Systems and Controls team can help to

improve clients return on their application investment by

providing a one-stop shop to manage risk and complexity

across their business systems, processes, people and

technology. Existing control frameworks, usually focused on

information security, provide an illusion of assurance whilst

leaving major technology risks unmitigated.

We support a number of project and steady state scenarios:

End to end support intended to advise and support

clients who are just beginning or are in early stages of

a major system implementation effort.

Pre & post implementation review geared towards

clients who are in the final phase of a major system

implementation effort to provide assurance that the project

will deliver the business requirements.

Specific client requests designed to assist clients

who request the review of specific controls or a business

area within the context of their overall application

environment, this can include system and business process

and controls improvements.

2011 KPMG LLP, a UK limited liabili ty partnership, is a subsidiary of KPMG Europe LLP and a member firm of the KPMG network of independent member firms affiliated with KPMG InternationalCooperative, a Swiss entity. All rights reserved.

8/22/2019 Business Systems and Controls

2/2

We provide clients with advice and assurance on:

Process Risk and Controls Apply risk based techniques

for documenting people, business and technology

processes and addressing the effectiveness of risk and

controls. Our skills cover a range of processes across

different industries, e.g., Mortgage, Investment, Tax,

Benefits, Procurement, Payroll, Financial etc. Process Governance, Risk and Compliance Provide

advice on an integrated framework that unifies governance,

risk, compliance and assurance functions to achieve a

consistent and holistic vision across the organisations.

Business Systems Optimisation Verify that the right

types of embedded systems controls are in place and are

operating effectively. We have specific SAP and Oracle skills

and tools to enable us to identify functionality and controls

gaps quickly.

Potential benefits to you

Improved understanding of technology risks and use ofBusiness application and process control features

Focus on controls and efficiency throughout

the Business systems project life cycle and

Business As Usual processes

Robust Security approach that supports business process

controls objectives and protects sensitive information

Enhanced business decision making through more

accurate operational and financial information throughout

system transition

Maintaining data integrity through evaluation of data

cleansing, consolidation and reconciliation during dataconversion and system interfaces activities

Improved management of business and fraud risks

through an improved internal control environment

covering IT risk management, systems implementation

and information security

Better compliance with governance, risk and

control regulatory requirements

Potential benefits to you

A Holistic Approach We engage at all stages of a system

life-cycle from blueprint, detailed design, implementation

and retirement/migration to advise and provide assurance

to our clients to best manage risk, cost, time, control,

compliance and benefits realisation challenges.

Multi-disciplinary capabilities We are able to draw uponexpertise from multi-disciplinary capabilities from various

teams such as Audit, Forensics, Data analytics, IT Risk

and Programme Assurance to deliver a solution tailored to

specific client issues and requirements.

Industry knowledge Our team comprise of a range

of professionals with complementary skills sets brings

technology risk awareness to the boardroom with industry

knowledge to provide effective solutions that bring people,

process and technology together, helping clients keep

information assets secure, systems functioning and

controls operating effectively.

Global reachKPMG is a global network of over 140,000 professionals

in 150 countries. We have regional Business Systems and

Controls teams who can service your needs using our

dedicated propriety tools. This allows us to identify keys

issues early on before performing detailed deep dive

reviews into specific areas.

How we have helped others

Multinational oil and gas organisation

Our client was transforming its downstream business from

national led companies to global lines of business and eachcompany had its own unique and complex supply chain.

We performed a deep dive review of the business process

and system controls for the Sell to Business Customer

process (the largest and most complex process in the

programme and the one most critical to successful

transformation). We designed automated controls using

our SAP Controls Catalogue as a baseline. As a result, we

optimised the consistency of controls across all businesses

and contributed towards the global control framework.

These controls achieved business efficiencies which were

rolled out to other countries to maximise the effectiveness of

the global process.

Contact:

Gerry PenfoldPartnerT: +44 (0)7802 608 549E:[email protected]

Ervin JocsonDirectorT: +44 (0)7795 354 104E:[email protected]

Andy NorthDirector, IGHT: +44 (0)7711 713 385E:[email protected]

Mohammed RahmanPartnerT: +44 (0)7818 012 191E:[email protected]

Manoj ShahSenior ManagerT: +44 (0)7790 784 982E:[email protected]

Sukhie MannSenior Manager, FST: +44 (0)7827 282 268E:[email protected]

The information contained herein is of a general nature and is not intended to address the circumstances of any particularindividual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that suchinformation is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on suchinformation without appropriate professional advice after a thorough examination of the particular situation.

2011 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member firm of the KPMG networkof independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.

The KPMG name, logo and cutting through complexity are registered trademarks or trademarks of KPMG International.

RR Donnelley I RRD-257902 I August 2011www.kpmg.co.uk/technologyrisk
mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://www.kpmg.co.uk/technologyriskmailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://www.kpmg.co.uk/technologyrisk

Business Systems and Controls

Documents

Transcript of Business Systems and Controls