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Finance Looks to Technology to Mitigate Productivity and Efficiency Gaps MIAMI & LONDON, March 14, 2023 – Corporate finance leaders expect to remain focused on digital transformation in 2023 to address recession, inflation, geopolitical turmoil and talent shortages, according to the 2023 CFO Agenda research from The Hackett Group , Inc.
Finance leaders will also need to do more with less operationally in 2024 because they expect to see a 5% increase in finance workloads and a slight decrease in staffing and operating budget, The Hackett Group ® found. Digital transformation remains a top five priority for finance in 2024, the research found. NASDAQ: HCKT).
We’ve seen a reordering of priorities in terms of procurement strategy for 2023,” said The Hackett Group Senior Research Director, Procurement and Procure-to-Pay Advisory, Amy Hillcox. A complimentary version of The Hackett Group’s 2023 CPO Agenda research is available, with registration, at [link]. 2 spot, which is to be expected.”
The Hackett Group’s 2023 Key Issues research series is based on results gathered from more than 350 executives in finance, procurement, supply chain, HR, information technology, and globalbusinessservices at a global set of midsized and large enterprises. About The Hackett Group The Hackett Group, Inc.
NASDAQ: HCKT) is a leading benchmarking , research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class ® performance. Provides the Ability to Define the Value Realization Impact from Gen AI Strategies Miami, FL – December 7, 2023 – The Hackett Group , Inc.
In addition to the array of global economic challenges, companies are concerned about their ability to grow revenue, so cost focus and margin expansion are key. NASDAQ: HCKT) is a leading benchmarking , research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class ® performance.
Chuy brings more than 20 years of experience in Shared Services, IT Delivery and Nearshore service center operations. Most recently, Chuy was the Director of GlobalBusinessServices at Herbalife at which he led the launch of the RPA Program using UiPath software, including the set-up of the global Center of Expertise.)
They’re reimagining and systematically transforming how they work in finance, procurement, HR and IT.”. The core system in Bosch’s GlobalBusinessServices unit includes seamless integration of advanced automation, including machine learning, chatbot, AI, RPA, and more. Citi’s digitalization took place on many levels.
More HR work will also be apportioned to fully automated and self-service systems’ functionality, and HR executives expect globalbusinessservices (GBS)/HR shared services units to handle 3.5% more work, while centers of excellence, corporate HR and business unit HR will see over 2% increases in overall workload.
Digital World Class ® Finance Organizations Operate With 47% Lower Process Costs and 50% Fewer Full-Time Staff Compared to Peers MIAMI, FL – October 22, 2024 – Generative artificial intelligence (Gen AI) is reshaping the finance landscape, disrupting traditional operations and pushing the boundaries of what’s possible.
NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, today released findings from its 2025 Key Issues Study, revealing that globalbusinessservices (GBS) organizations are rapidly advancing their AI adoption. Download the full 2025 GBS Agenda report here.
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