Deloitte’s Finance Transformation practice named market leaderRecognized for breadth and depth of finance management consulting services |
New York, 1 March 2010-- Deloitte has been named the market leader in Kennedy Consulting Research & Advisory’s report, Finance Management Consulting Marketplace 2009-2012. The report is Kennedy’s first-ever evaluation of the Finance Transformation (FT) market and competitive landscape, which Kennedy analysts refer to as Finance Management (FM).*
Highlights of the report:
Deloitte:
- was rated in The Kennedy Vanguard for Finance Management Consulting Practices, 2009.
- was rated strongest in 14 of 16 FT core categories and assessed as having advanced depth and breadth of capabilities.
- was found to have the largest FT practice (US$1.82M), with almost US$500M more in aggregate revenues than nearest competitor.
- experienced greater than twice the growth in 2008 of its nearest competitors.
- is a leader for global shared services combining process, technical knowledge, change management capabilities, understanding of technology, and insight on labor and tax issues.
- has an advantage in meeting the need for clients to engage a tax strategy advisor as they consider global business integration strategies.
- is expected by analysts to see its FT position further strengthened by the BearingPoint acquisition.
Quotes from Kennedy
“Deloitte’s Finance Transformation practice was identified as a leader in Finance Management by both peers and client organizations. The breadth and depth of this practice is greater than that of any other competitor, and Deloitte continues to invest in its leadership position.”
FT Differentiators: “Deloitte is the one Vanguard firm that does not have any F&A outsourcing, so potential clients view their consultants’ opinions as truly independent and do not perceive 'steerage' toward ongoing service.”
CFO-centric focus: “Through Deloitte’s CFO Program, CFOs have access to a variety of networking and educational forums and resources, including a series of forums across the US and selected overseas markets, an annual two-day CFO conference, a CFO on-boarding program, and additional Webcasts and online resources.”
Quote from Sam Silvers, Finance Transformation Practice Leader, Deloitte Consulting LLP in the United States: “We are very pleased with the Kennedy report on Finance Transformation. It validates Deloitte’s position as the market leader, with unmatched depth and breadth of client service capability.”
*As used in this press release, ‘Deloitte’ means Deloitte Touch Tohmatsu member firms.
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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.