The Hackett Group

MARCH 14, 2023

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 97

Finance Robotics Process Automation Advisory Research 97

IBM Services

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 87

Finance Banking Regulations Advisory 87

The Hackett Group

APRIL 13, 2023

NASDAQ: HCKT) today announced that its Market Intelligence Service has launched a new research project that will evaluate and rank finance and accounting outsourcing solutions providers. MIAMI & LONDON, April 13, 2023 – The Hackett Group, Inc. Over the last few years, the landscape has changed,” said Janssen.

Finance 96

Finance Research Accounting Outsourcing 96

Everest Group

DECEMBER 14, 2022

Looking back at the downturn in 2008, new FinTech trends emerged, including personal finance management (PFM), insurance aggregators and marketplace, robo-advisors, crowdfunding, challenger/neo/digital-only banks, and cryptocurrencies. Let’s explore the following FinTech trends on the horizon for 2023: Investors will push for profitability.

Banking 182

Banking Insurance Finance Advisory 182

Automation Anywhere

APRIL 15, 2022

FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ Finance processes are what keep any business going, but it’s much more than just accounting and scorekeeping. Improving finance processes benefits your entire business.

Finance 64

Finance Data Entry Robotics Process Automation Out-Tasking 64

Everest Group

FEBRUARY 2, 2023

Blockchain also is being used through Decentralized Finance (DeFi) and Decentralized Apps (DApps). This can save money on transaction processing, leading to lower operating costs. Blockchain allows banks to automate their back-office operations and reduce manual errors, which can result in significant savings for businesses.

Banking 246

Banking Service Right-Sizing Automation 246

Perficient Digital Transformation

SEPTEMBER 29, 2023

One of the key themes of this year’s conference was the future of finance. Salesforce CEO Marc Benioff and others talked about how AI is transforming the finance function and how Salesforce is helping finance leaders achieve their strategic priorities. These tools include: A central repository for all financial data.

Finance 64

Finance Service Out-Tasking Analytics 64

Auxis

NOVEMBER 12, 2021

Why outsourcing accounting is clear: it enables CFOs to reduce costs, improve productivity and efficiency, alleviate the industry’s talent crunch , and increase their internal focus on more strategic activities.

Accounting 98

Accounting Outsourcing Finance Reduced Costs 98

Automation Anywhere

MAY 6, 2022

The back office provides vital support and administration to the business and can help create service differentiation with business functions such as IT, HR, and finance. They can have a significant impact on back-office functions to bring about operational efficiencies: reduced cost, faster turnaround times, and increased productivity.

Automation 144

Automation Out-Tasking Human Resources Finance 144

Capgemini

JANUARY 20, 2022

I’d like to talk about the AI-enabled solutions that make up our Frictionless Finance offer. To stay ahead of the competition in O2C, organizations need to eliminate friction from their processes, reduce cost and lost sales, and improve speed to market. Lee Beardmore: Welcome Divya, Maha, Robert. Divya Turner: Yes, absolutely.

Finance 52

Finance Reduced Costs Accounting Analytics 52

Magellan Solutions

JANUARY 19, 2016

Finance and Accounting Outsourcing (FAO) became a trend, with the availability of the necessary technology and growing number of finance and accounting professionals in the Philippines. So how do you know when is the right time for your company to try finance and accounting outsourcing (FAO)? . When you want to reduce costs.

Finance 61

Finance Accounting Outsourcing BPO 61

Magellan Solutions

FEBRUARY 6, 2021

Need help with your finances? Filipinos are inherently smart with their finances. Meaning, Filipinos are not only capable of handling finances. That is why you need to have an assistant to help you with your finances because we don’t want to spend a lot of time counting it. It keeps your finances up to date.

Finance 52

Finance Call Center BPO Banking 52

The Hackett Group

FEBRUARY 13, 2024

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).

Finance 59

Finance Robotics Process Automation Reduced Costs Research 59

Planergy Software

JUNE 7, 2022

Robotic Process Automation in Finance. Whether in response to an industry shift, market hiccups, or a single competitive threat, finance leaders and professionals are stepping back to reevaluate their accounting and finance systems, operations, and business processes. Download Free Copy. Written by. Lyle Del Vecchio.

Robotics Process Automation 52

Robotics Process Automation Finance Automation Out-Tasking 52

Redial

JANUARY 17, 2023

Business process outsourcing (BPO) is a cost-effective solution for many companies that want to reduce operational costs. Providing a wide range of services that can be outsourced, such as customer service, finance, marketing, accounting, human resources, and many more. This can reduce labor costs and improve efficiency.

Operational Costs 130

Operational Costs Nearshoring Labor Costs BPO 130

inDinero

SEPTEMBER 25, 2024

In this article, you will learn the fundamentals of invoice factoring and accounts receivable financing. We will look at what is invoice factoring, what is accounts receivable financing and their key differences. We will also look at some of the benefits and drawbacks of both invoice factoring and accounts receivable financing.

Finance 52

Finance Accounting Banking Sales 52

The Hackett Group

OCTOBER 5, 2021

The Hackett Group’s New Digital World Class Standards Raise the Bar on Finance Performance. For decades The Hackett Group’s benchmarks have been the gold standard by which most global companies measure world-class performance in finance and other business services. peers) and 11% lower cost than traditional world-class finance.

Finance 52

Finance Research Analytics Advisory 52

Planergy Software

AUGUST 25, 2022

Finance Digital Transformation: Preparing For The Digital Future. Digital Transformation in Finance As more businesses look to make the transition to digital transformation, CFOs know that the biggest impact will be seen in accounting and finance departments, with even small startups experiencing the benefits of going digital.

Finance 52

Finance Robotics Process Automation Out-Tasking Banking 52

Automation Anywhere

JUNE 22, 2022

Reduce costs: finance industry Many organizations in the finance space have found RPA to be beneficial due to the technology’s ability to automate about 89% of all accounting tasks. Benefits of RPA RPA bots have helped businesses in a wide variety of industries. Here are some examples. Is RPA right for you?

Robotics Process Automation 94

Robotics Process Automation Call Center Data Entry Finance 94

Everest Group

FEBRUARY 27, 2024

These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks. Don’t miss our LinkedIn Live, How Will Next-gen Technologies Be Financed in CXM Delivery?

Management 162

Management Out-Tasking Outsourcing Efficiency 162

Premier BPO

MAY 24, 2021

This domino effect would mean organizations would have even more burden on their finances. According to an article on Forbes , workers will be displaced by technology in almost every industry to manage increased costs. About 68% of US companies outsource to reduce costs – capitalcouncelor.com.

Outsourcing 130

Outsourcing Offshoring BPO E-Commerce 130

Intugo

JANUARY 31, 2023

BPO in Mexico is presented as a viable alternative when performing some functions more efficiently, allowing, in turn, to reduce costs. Main advantages of BPO in Mexico The main objective pursued by a company that decides to outsource specific tasks or services is to reduce costs and increase the efficiency of such operations.

BPO 98

BPO Business Process Outsourcing Out-Tasking Administrative 98

Perficient Digital Transformation

OCTOBER 24, 2024

This mitigates the risk of customer service representatives providing incorrect information and ensures compliance with regulatory disclosures, ultimately enhancing the overall customer experience while reducing costs. Hsu discussed the systemic risk implications of AI in banking and finance using a “tool or weapon” approach.

Regulations 52

Regulations Service Banking Cybersecurity 52

Planergy Software

MARCH 24, 2025

Centralizing things reduces costs and risks. You can maximize grants by focusing on financing specific projects, like STEM programs, teacher training, or energy-efficient building upgrades. To enrich overall learning, consider offering life skills courses for high school students, such as career planning, or personal finance.

Finance 52

Finance Shared Services Collaborations Automation 52

Groove Technology

JULY 3, 2023

Offshore outsourcing has emerged as a game-changer for businesses Understanding Offshore Outsourcing Services: Powering Business Success Offshore outsourcing services have revolutionized the way businesses operate, allowing them to access specialized skills, reduce costs, and focus on core competencies.

Offshoring 100

Offshoring Outsourcing Data Entry Reduced Costs 100

Everest Group

SEPTEMBER 19, 2024

In finance, AI forecasts cash flow, detects fraud, and optimizes investments. The result is a leaner, more efficient operation that can adapt quickly to changing demands Intelligent decision-making: Advanced AI engines analyze vast amounts of data in real-time, providing insights that inform better decision-making.

Engineering 130

Engineering Supply Chain Management Out-Tasking Inventory Management 130

Planergy Software

SEPTEMBER 24, 2021

In the past, the CFO served largely as a finance chief. They were a liaison between the finance team (along with procurement) and upper management in the C-suite. They don’t just lead the finance team or spearhead initiatives to reduce costs. Today’s CFO Challenges Are Bigger Than Ever.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Accenture Insurance

NOVEMBER 20, 2014

Low interest rates, increased competition, sales channel pressures, legacy technology and proliferating regulations are all putting insurers under pressure to reduce costs and increase operating efficiencies. Enabling Agile Insurance Finance and Risk through Shared Services Part 1: The Pressure is on for Insurance CFOs.

Insurance 40

Insurance Shared Services Finance Reduced Costs 40

Groove Technology

SEPTEMBER 26, 2024

Non-tech companies requiring software solutions: Businesses in industries like healthcare, finance, or manufacturing need custom software but need more core development competencies. Conclusion Outsourcing software development presents a powerful opportunity for businesses to accelerate growth, reduce costs, and access global talent.

Software 130

Software Outsourcing Healthcare Offshoring 130

Obobo

JANUARY 24, 2022

In the same way that companies track the revenue generated by their sales and marketing departments, they can also track the cost savings delivered by the finance and procurement departments. What is The Procurement Savings Tracking Process?

Sales 98

Sales Reduced Costs Finance Sourcing 98

NoonDalton

JUNE 10, 2024

This approach can revolutionize the way your business handles finance, HR, and administrative tasks, allowing you to streamline processes and focus on core activities. These tailored approaches address specific needs, whether it’s improving efficiency, reducing errors, or enhancing scalability.

Finance 40

Finance Outsourcing Data Entry Business Process Outsourcing 40

Magellan Solutions

APRIL 28, 2023

With the rising inflation, insurance companies are looking for ways to reduce costs. Finance & Accounting : Financial reporting, bookkeeping, and managing the accounts. These advantages include increased flexibility, reduced costs, and access to industry experts.

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

Groove Technology

MAY 18, 2023

Healthcare: MuleSoft helps healthcare organizations integrate electronic medical records (EMRs), patient portals, insurance systems, and other healthcare-related applications to improve patient outcomes, reduce costs, and enhance the patient experience. What are some use cases for MuleSoft real-time integration?

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

Magellan Solutions

JANUARY 19, 2016

Finance and Accounting Outsourcing (FAO) became a trend, with the availability of the necessary technology and growing number of finance and accounting professionals in the Philippines. So how do you know when is the right time for your company to try finance and accounting outsourcing (FAO)? . When you want to reduce costs.

Finance 40

Finance Accounting Outsourcing BPO 40

inDinero

SEPTEMBER 28, 2023

This can leave a startup feeling stuck between a rock and a hard place: they need CFO-level expertise to help them manage their finances and meet their business goals, but they can’t justify the expense of hiring a full-time CFO. Outsourced Options : Assessing the need for in-house versus external consultancy.

Outsourcing 98

Outsourcing Service Finance Accounting 98

Magellan Solutions

FEBRUARY 14, 2024

The partnership enabled Cigna to scale its operations and reduce costs while maintaining quality. Case Study 2: Maxicare Healthcare Corporation Maxicare, a leading HMO in the Philippines, partnered with Accenture in 2011 to outsource their finance and accounting functions.

Call Center 98

Call Center Healthcare Outsourcing Insurance 98

Everest Group

MARCH 19, 2024

Instead, they should embrace quantum computing as a service that provides multiple benefits, such as scalability, elasticity, reduced costs, and increased accessibility. Enterprises should understand they don’t necessarily need to own or build a quantum computer.

Supply Chain Management 147

Supply Chain Management Research Collaborations Reduced Costs 147