KPMG Report Finds 90 Percent of CIOs and CCOs Plan to Increase
Spending to Automate Compliance
NEW YORK--(BUSINESS WIRE)--
Workiva,
(NYSE:WK), a leader in data collaboration, reporting and compliance
solutions, and KPMG LLP, the U.S. audit, tax and advisory firm, today
announced an alliance to provide a strategic offering that will help
organizations transform and integrate their risk management, regulatory
and financial reporting and compliance processes by using the Workiva
Wdesk platform.
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According to a new KPMG report, Innovating
Compliance through Automation, 90 percent of the U.S.
chief information officers and chief compliance officers surveyed said
they plan to increase spending for compliance automation in the coming
years.
“Increased scrutiny from regulatory authorities is stretching
organizational resources and the bottom line,” said Greg Bell, Global
Cyber Security practice Co-leader at KPMG. “Companies are looking to
technology solutions for performance improvements and automation to
increase efficiencies in their risk and compliance programs.”
With cloud-based capabilities for automation, synchronized data,
controlled collaboration and real-time data monitoring, Wdesk users are
able to improve productivity and accountability in their processes for
internal controls over financial reporting, risk assessments, regulatory
compliance and financial reporting.
KPMG, with its deep functional risk and compliance experience across all
industries, helps organizations optimize technology solutions to better
manage risk, help achieve process efficiencies and improve internal
controls management.
“Pairing our Wdesk platform with KPMG’s technology-risk specialists
creates a unified, multidisciplinary solution and team to help customers
streamline and automate a wide variety of complex risk, compliance and
reporting processes,” said Marty Vanderploeg, CEO of Workiva. “By
working together, we will help organizations gain insights, make
data-driven decisions and ultimately drive better business outcomes.”
KPMG and Workiva help organizations start, or continue, their process
transformation journey to deliver more efficient, effective and
integrated risk management and compliance programs. For more
information, visit http://www.kpmg.com/us/workiva.
About Workiva
Workiva delivers Wdesk, a leading enterprise
cloud platform for data collaboration, reporting and compliance that is
used by thousands of organizations worldwide, including over 75 percent
of the Fortune 500®. Companies of all sizes, state and local
governments and educational institutions use Wdesk to help mitigate
risk, improve productivity and gain confidence in their data-driven
decisions. For more information about Workiva (NYSE:WK), visit workiva.com.
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do not endorse products or services of, Workiva Inc.
About KPMG LLP
KPMG LLP is the independent U.S. member firm
of KPMG International Cooperative (“KPMG International”). KPMG
International’s independent member firms have 197,000 professionals
working in 154 countries. Some or all of the services described herein
may not be permissible for KPMG audit clients and their affiliates or
related entities. Learn more at www.kpmg.com/us
or follow us @KPMGUS_News.
View source version on businesswire.com:
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Workiva
Kevin McCarthy, 515-663-4471
press@workiva.com
or
KPMG
LLP
Christine Curtin, 201-307-8663
ccurtin@kpmg.com
Source: Workiva