The Hackett Group

JULY 13, 2023

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).

Operational Costs 97

Operational Costs Finance Research Advisory 97

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 Reduced Costs Robotics Process Automation Research 59

Offshore India Data Entry

MAY 21, 2024

This transformation is being driven by the rapid advancements in Artificial Intelligence (AI), with its ability to automate repetative tasks and analyze vast amounts of data, is revolutionizing industries across the globe. Companies started outsourcing business tasks to BPO services providers to save costs and increase efficiency.

BPO 105

BPO Offshoring Data Entry Out-Tasking 105

Automation Anywhere

AUGUST 19, 2022

Why front-office automation? According to Gartner, there will be a 30% increase in the use of Robotic Process Automation (RPA) by 2023 for front-office functions, including sales and customer experience. Automation makes it possible for companies to provide the results customers want, ultimately delivering top customer satisfaction.

Automation 145

Automation Sales Robotics Process Automation Human Resources 145

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

APRIL 5, 2024

Intelligent Process Automation (IPA) Solutions Companies aiming to maintain competitiveness and strength recognize the importance of transitioning to a digital-first business model. Manual processes present numerous challenges, prompting enterprises to seek superior alternatives in digital, automated, and intelligent business practices.

Automation 49

Automation BPO Sourcing Finance 49

IBM Services

APRIL 20, 2023

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. An efficient sustainable supply chain process with optimized CO2 footprint is an enterprise requirement as well as a societal need. dollars annually in direct or indirect procurement.

Automation 69

Automation Co-Sourcing Finance Right-Sizing 69

Zinnov

MARCH 3, 2024

As the Intelligent Automation (IA) sector experiences rapid growth, the Private Equity (PE) landscape is ripe for investment, offering a unique blend of technological innovation and market potential. VCs have benefited from investing in Intelligent Automation due to its value delivery through technological innovation.

Automation 52

Automation Healthcare Robotics Process Automation Retail 52

Automation Anywhere

NOVEMBER 19, 2021

Good morning, This week’s videos in RPA Replay fall under the title of “Dollars, Cents, and Sensibility”—how it makes sense to employ automation to improve accounts payable (AP) processing and other types of finance and accounting (F&A) processes. Bell builds profitable bots The workforce has been reduced. The answer?

Automation 98

Automation Finance Accounting Analytics 98

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

Zinnov

AUGUST 28, 2023

This highlights the dependency on these centers for cost optimization, process efficiencies and standardization, and large-scale digital transformation. Setting up a Finance Center of Excellence (COE) might just be the solution to these burgeoning realities. Setting up a Finance COE comes with its fair share of concerns and challenges.

Global Business Services 52

Global Business Services Finance Service Pharmaceuticals 52

Perficient Digital Transformation

NOVEMBER 27, 2023

This has challenged many organizations to better optimize and intelligently automate business processes and experiences. They are shifting from an efficiency model where improvements focus on optimizing internal functions to an effectiveness model that looks at customer outcomes holistically.”

Regulations 52

Regulations Efficiency Healthcare Automation 52

Automation Anywhere

JULY 13, 2022

They must become more efficient, responsive, and innovative to keep up with fintechs and stay competitive with a generation of customers expecting always-on, always-available consumer-like banking experiences. Automation can streamline and accelerate those processes and eliminate errors. Following is a summary of their responses.

Banking 96

Banking Retail Automation Robotics Process Automation 96

Metasource

MAY 1, 2024

Modern finance leaders are pursuing accounts payable (AP) automation solutions with several goals in mind… Maybe you want to eliminate manual data entry and give your staff back time for more high-value tasks. Strive for Complete Automation Did you know only 10% of organizations have achieved full AP automation?

Automation 52

Automation Accounting Customer Support Data Entry 52

Planergy Software

SEPTEMBER 6, 2022

How To Create An Agile Finance Function. How to Create an Agile Finance Function The definition of agile is the ability to move quickly and easily. To manage the finance function you have to embrace change. What is agile finance? Agile finance is the future of finance. Download Free Copy. Written by.

Finance 52

Finance Robotics Process Automation Accounting Collaborations 52

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

Planergy Software

APRIL 19, 2022

Why Finance Leaders Should Care About Procurement and Finance Alignment. Why Finance Leaders Need to Care About Procurement In most companies, finance and procurement have operated separately, with the two departments working in tandem only when necessary. Operations or Finance? Download Free Copy. Written by.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Automation Anywhere

AUGUST 3, 2021

Robotic Process Automation (RPA) is not a question of taking a manual process and automating it, step by step—although that is what many businesses do. There should almost always be some transformation involved—changes that make the process more efficient, more robust, less error-prone. Businesses themselves say they want this.

Automation 109

Automation Robotics Process Automation Efficiency Collaborations 109

Planergy Software

AUGUST 25, 2022

Finance Digital Transformation: Preparing For The Digital Future. AP Automation Digital Transformation Management & Leadership. Digital transformation in finance can be particularly fruitful, as many tasks associated with accounting and finance departments are highly repetitive. Download Free Copy. Written by.

Finance 52

Finance Robotics Process Automation Out-Tasking Banking 52

Influx

JANUARY 19, 2023

No matter the size of your business, you can benefit from operational efficiency in a myriad of ways. Topics of discussion: What is operational efficiency in business? How can small businesses benefit from improved operational efficiency? How can large businesses benefit from improved operational efficiency?

Efficiency 52

Efficiency Sales Reduced Costs Customer Support 52

Capgemini

JANUARY 20, 2022

I’d like to talk about the AI-enabled solutions that make up our Frictionless Finance offer. This transforms our clients’ finance functions to drive frictionless enterprise-level outcomes, enhanced efficiency, and topline growth to the business. On top of this, finance is coming under increasing pressure from tax authorities.

Finance 52

Finance Reduced Costs Accounting Analytics 52

IBM Services

OCTOBER 26, 2023

They’ve mastered cloud adoption and basic cost management but know that the future is about efficiency, optimization and driving value with every dollar spent. Turbonomic generates hybrid cloud optimization decisions that can be automated to unlock true elasticity and eliminate the need to overprovision.

Automation 71

Automation Engineering Finance Collaborations 71

Automation Anywhere

FEBRUARY 16, 2021

While automation brings efficiency and cost savings across the entire organization, the shared services center (SSC) is in the best position to achieve the maximum benefits from automation. Automation by design Shared services and automation are two sides of the coin. What to automate? It is by design.

Shared Services 96

Shared Services Automation Service Outsourcing 96

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

Perficient Digital Transformation

DECEMBER 14, 2023

In today’s world of business finance, achieving efficiency and accuracy is critical. With the onset of digital technologies, the transformation of manual tasks into automated processes is a game changer. One such transformative solution is Automated Invoice Processing. What is Automated Invoice Processing?

Automation 52

Automation Data Entry Out-Tasking Sourcing 52

Perficient Digital Transformation

DECEMBER 14, 2023

In today’s world of business finance, achieving efficiency and accuracy is critical. With the onset of digital technologies, the transformation of manual tasks into automated processes is a game changer. One such transformative solution is Automated Invoice Processing. What is Automated Invoice Processing?

Automation 52

Automation Data Entry Out-Tasking Sourcing 52

Perficient Digital Transformation

NOVEMBER 29, 2023

The Core of Efficiency: Choosing the Right ERP Choosing the right Enterprise Resource Planning (ERP) system is critical for ensuring optimal efficiency and future growth of your business. This is achieved through the automation of routine tasks and the provision of real-time data for informed decision-making.

Finance 115

Finance Efficiency Manufacturing Automation 115

Perficient Digital Transformation

JUNE 1, 2023

The absence of an ESG strategy can subject businesses to risks in reputation, legality, and finance, while also depriving them of potential advantages like enhanced reputation, capital access, and increased innovation. ServiceNow also automates the production of reports/disclosures, saving time for the reporting team.

Automation 59

Automation Government Right-Sizing Finance 59

Planergy Software

JANUARY 19, 2022

Reinforcement Learning in Finance. Reinforcement Learning in Finance Before we can adequately explore the applications of reinforcement learning in finance, we must first define reinforcement learning and how it relates to computer science. That’s why deep learning is particularly useful in forecasting in finance.

Finance 52

Finance Right-Sizing Out-Tasking Software 52

Metasource

AUGUST 23, 2022

By implementing an accounts payable automation solution , your healthcare facility can say goodbye to the manual data entry that comes with AP processing. The right outsourced AP automation partner will help you streamline the entire process, from invoice receipt through delivery to the appropriate members of your team.

Healthcare 52

Healthcare Automation Data Entry Accounting 52

Automation Anywhere

JANUARY 28, 2021

Intelligent automation (IA), combining Robotic Process Automation and artificial intelligence, has significantly impacted various industries. Two related industries that can benefit from intelligent automation are life sciences and healthcare. With intelligent automation, evidence-based care has never been easier.

Healthcare 98

Healthcare Automation Pharmaceuticals Robotics Process Automation 98

IBM Services

OCTOBER 20, 2021

However, trade finance is a critical yet sometimes overlooked component. In trade finance, competition no longer comes only from banks, but also from fintech businesses. COVID-19 exposed many of the fractures within the trade finance supply chain that were already there, but were easier to previously remain unexposed.

Finance 52

Finance Banking Manufacturing Automation 52

Automation Anywhere

DECEMBER 7, 2020

For that reason and others, many companies are turning to intelligent automation that combines Robotic Process Automation (RPA), artificial intelligence (AI), and analytics to streamline and accelerate the process. These are the highest priority processes to automate. These are the highest priority processes to automate.

Automation 96

Automation Robotics Process Automation Out-Tasking Analytics 96

Paysquare

JULY 7, 2023

Let us understand the importance of outsourcing accounting and bookkeeping : Efficient Business Finances: How Professional Accounting Services Help ? Help Reduce Workload A new and/or growing business requires undeterred attention, and with complex finances, it is impossible to keep books and run a company.

Accounting 52

Accounting Finance Service Payroll 52

Automation Anywhere

SEPTEMBER 17, 2020

Automation in particular is becoming ubiquitous and key to speedy digitization. One of the most potent levers of transformation today is intelligent automation (IA). Trend 3: Mainstreaming intelligence for automation The market for automation technologies such as RPA is growing at 20% per year and is likely to reach $5 billion by 2024.

Automation 97

Automation Robotics Process Automation Finance Human Resources 97

Planergy Software

FEBRUARY 21, 2022

How Accounts Payable Benchmarking Can Improve Efficiency. Often, organizations judge the efficiency and effectiveness of the accounts payable team by the number of invoices processed or total error-free payments disbursed over a period. How better management in AP can give you better flexibility for cash flow management. Written by.

Accounting 52

Accounting Efficiency Operational Costs Automation 52