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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).

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The Hackett Group: 89% of Executives Fast-Tracking Gen AI to Drive Enterprise Performance

The Hackett Group

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 89% of executives are accelerating Gen AI initiatives up from just 16% last year. 1 objective enhancing customer satisfaction and experiences.

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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.

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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.

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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.

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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.

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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.