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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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Hackett: Procurement Operating Costs Increase For the First Time in a Decade

The Hackett Group

Despite increases in year-on-year operating costs, Digital World Class procurement organizations excel at cost optimization compared to typical organizations, The Hackett Group ® found. They now operate at 21% lower cost than their peers and have 32% fewer staff. Digital World Class Procurement Orgs Drive 2.4X

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One of the Best Strategic Business Decisions: Outsourcing

Premier BPO

There’s a strategic cure for overcoming limited subject expertise and knowledge resource constraints in a dynamic and highly competitive market. Strategic outsourcing allows businesses access to talent, resources, and technologies to achieve significant cost optimization, freeing internal resources to focus on their core competencies.

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Price Movements in Deals Are Not Keeping Pace with Underlying Cost Changes | Market Insights™

Everest Group

Explore #PriceMovement report, reveals that deal prices are lagging behind underlying cost changes, creating a gap between rising operational cost

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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

The IT outsourcing market has reached $617.69 Companies leveraging external expertise gain a competitive advantage in rapidly evolving markets, accessing specialized knowledge without the overhead of in-house teams. These projects support businesses in managing operations more efficiently and meeting their digital transformation goals.

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The Rise of Retail Investors in Global Capital Markets | Blog

Everest Group

As global capital markets face macroeconomic headwinds and a liquidity crunch, retail investors are gaining volume in traditional equity and debt markets as well as emerging alternate investments. Watching global capital markets over the past few years has been a rollercoaster ride of issuances and investments.

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Hire a Dedicated Software Development Team for Accelerated Success

Groove Technology

Let's delve into the significant advantages of collaborating with dedicated software development teams: Cost-Effective Solution Utilizing a dedicated software development team significantly reduces operational costs while enhancing project efficiency. Why Choose Groove Technology for Your Dedicated Software Developers?

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