Remove Advisory Remove Finance Remove Operational Costs
article thumbnail

Hackett Research: Inflation, Geopolitical Unrest, Other Factors Drive Up Operational Costs of Finance for the First Time in Decades

The Hackett Group

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

article thumbnail

Financial Crime and Compliance FCC Operations – Services PEAK Matrix® Assessment 2022

Everest Group

Given the increase in regulatory norms and technology advances, banks, financial institutions, and other emerging institutions are constantly working to meet these norms and safeguard themselves from financial crimes, while maintaining their operational costs and scaling their delivery.

Banking 130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 5 Automation Use Cases for the Front Office

Automation Anywhere

The front office represents the customer-facing roles of a company — sales, customer service, field marketing, and advisory service experts. The direct result of this kind of automation is improved customer experience, better productivity, reduced operation costs, fewer human errors, and faster resolution of customer queries.

article thumbnail

Procurement transformation: Why excellence matters

IBM Services

Procurement departments tend to be less visible to many stakeholders than sales, operations or even finance departments, but the impact they have on everything from the bottom line to product quality and service delivery shouldn’t be overlooked, which is why “procurement excellence” is a worthy pursuit.

article thumbnail

What Does VC Mean? Everything Startups Should Know About Venture Capital

inDinero

In short, VC stands for venture capital, a type of financing where investors purchase ownership stakes in high-risk, high-reward companies. If you’re curious about what makes VC finance so unique, and what your startup should know about it, keep reading. Conclusion Venture capital is a unique sector of finance. But it’s rare.

article thumbnail

What Does VC Mean? Everything Startups Should Know About Venture Capital

inDinero

In short, VC stands for venture capital, a type of financing where investors purchase ownership stakes in high-risk, high-reward companies. If you’re curious about what makes VC finance so unique, and what your startup should know about it, keep reading. Conclusion Venture capital is a unique sector of finance. But it’s rare.

article thumbnail

The Hackett Group Announces 2021 Digital Award Winners

The Hackett Group

Many are taking a hyper-automation approach to end-to-end operational processes, with a strong emphasis on process optimization and driving quantifiable improvements for customers and other stakeholders. They’re reimagining and systematically transforming how they work in finance, procurement, HR and IT.”.