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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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10 reasons to outsource your call center operations to Mexico

Redial

Easily, we can say that it is mainly the operating costs, the U.S. All these factors can help companies consider outsourcing some or all their day-to-day operations. 1 Cost reduction: Salaries compared to the U.S. Mexico is quickly positioning itself as a powerhouse in BPO outsourcing, but what is the reason for this?

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Offshore Software Development Services

Groove Technology

Competition is at an all-time high, operating costs are rising, and talent is increasingly scarce. The lower operating costs, large pool of talent, and the opportunity to scale quickly allow them to increase output and enhance their technical expertise without undue stress, complexity, or expense. solutions).

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The Software Industry Trends That Matter In 2023

Forrester Digital Transformation

In 2023 the software industry will continue to grow and expand its share of the overall tech market spend; however, challenges exist. Growth alone is no longer enough, as shifts in investment capital are forcing new emphasis on managing profits and operational costs.

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Why South Africa? Reasons for your business success.

Redial

From alternative legal services to finance & accounting, human resource outsourcing, and procurement, South Africa maintains a competitive advantage , providing access to the dynamic African market and beyond. investment and a dynamic business community, highly market-oriented and a driver for economic growth.

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Why South Africa?

Redial

From alternative legal services to finance & accounting, human resource outsourcing, and procurement, South Africa maintains a competitive advantage , providing access to the dynamic African market and beyond. investment and a dynamic business community, highly market-oriented and a driver for economic growth.