The Hackett Group

MARCH 9, 2023

Finance executives continue to attach the highest priority to digital transformation in 2023 in order to effectively counteract the economic downturn, inflation, geopolitical upheavals, and also the shortage of skilled workers. A bylined article by The Hackett Group’s Georg Bach.

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Finance Efficiency 52

Perficient Digital Transformation

MARCH 6, 2024

One of the areas where AI can have a significant impact is financial planning and analysis (FP&A), a core function of the finance department that involves forecasting, budgeting, reporting, and decision support. One of the key challenges that finance leaders face when adopting AI is the lack of technical skills and knowledge.

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Finance Retail Sourcing Efficiency 52

V-Soft Consulting

DECEMBER 12, 2023

With the emergence of generative AI (GenAI) and its immense potential to increase efficiency, innovation, and risk management, financial institutions are looking forward to adopting Generative AI tools. Let's explore the various applications Generative Al uses to help reshape the way the finance industry operates.

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Finance Risk Management Risk Management Efficiency 52

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).

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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).

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Finance Reduced Costs Robotics Process Automation Research 59

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.

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Finance Robotics Process Automation Advisory Research 97

IBM Business Partners

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes.

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Finance Accounting Out-Tasking Risk Management 60

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.

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Robotics Process Automation Finance Automation Out-Tasking 52

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

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.

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Finance Accounting Out-Tasking Manufacturing 52

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.

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Finance Data Entry Robotics Process Automation Out-Tasking 64

Capgemini

MARCH 20, 2023

Capgemini and HighRadius – taking finance to the next level Amiya Chand 21 Mar 2023 Facebook Twitter Linkedin Capgemini’s order-to-cash solution leverages HighRadius’ AI-enabled, data-driven platform to drive real-world capital impact, enhanced efficiency, and top-line growth to your business. Connect with us Thank You!

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Finance Pharmaceuticals Analytics Retail 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.

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Finance Robotics Process Automation Accounting Collaborations 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.

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Finance Reduced Costs Accounting 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.

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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.

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Finance Accounting Data Entry Analytics 52

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

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.

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Finance Research Accounting Outsourcing 96

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

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?

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Efficiency Sales Reduced Costs Customer Support 52

The Global Small Business Blog

NOVEMBER 7, 2023

©iStock/frikota Economic impacts on global trade date back a few years, suggests Anthony Landry, a Wharton adjunct full professor of finance and deputy vice dean of the Wharton MBA program.

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Finance Efficiency 215

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.

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Accounting Finance Service Payroll 52

Frevvo

NOVEMBER 30, 2021

Achieving process efficiency helps your company meet these challenges. So how can you make your processes more efficient? In this article, we’ll look at what process efficiency is and how using frevvo’s business process automation software can help improve your operations. What Is Process Efficiency?

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Perficient Digital Transformation

NOVEMBER 27, 2023

They are shifting from an efficiency model where improvements focus on optimizing internal functions to an effectiveness model that looks at customer outcomes holistically.” Process mining is particularly valuable in industries like healthcare and finance where strict regulatory requirements and compliance are especially critical.

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Regulations Efficiency Healthcare Automation 52

Planergy Software

MAY 12, 2022

How Finance Business Intelligence Can Give Real-Time Insight For Better Decision Making. For a long time the finance function has started moved away from doing just accounting and bookkeeping. Finance has firmly moved towards leveraging strategic roles that drive value, innovation, and growth for the organization. Written by.

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Finance Analytics Accounting Sourcing 52

Everest Group

OCTOBER 11, 2022

Its next evolution – open finance – holds the promise to greatly enhance the customer experience and empower users of financial services. Greater transparency – Open finance lifts the veil for customers on their financial options, giving them clearer insights into their full financial pictures.

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Banking Finance Research Accounting 59

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. The goal is to find an ERP system that seamlessly fits into your current operations and feels like a natural extension of your team’s workflow.

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Finance Efficiency Manufacturing Automation 115

Planergy Software

AUGUST 4, 2022

How Will Decentralized Finance Impact Your Industry. How Will Decentralized Finance Impact Your Industry Decentralized Finance is a financial system powered by a decentralized network of computers as opposed to a single server. How better management in AP can give you better flexibility for cash flow management. What Is DeFi?

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Finance Banking Government Accounting 52

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.

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Finance Banking Manufacturing Automation 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.

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Finance Research Analytics Advisory 52

Auxis

OCTOBER 16, 2023

As AP teams get ready for 2024, focusing on these 5 critical improvements can help you learn how to improve efficiency in your accounts payable department.

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Accounting Efficiency Business Process Outsourcing Finance 59

Planergy Software

OCTOBER 18, 2022

Common Excel Problems For Finance and Accounting. Agile business practices are all about efficiency and automation, while a lot of manual data entry is required to create Excel spreadsheets. Learn best practices for purchasing, finance, and more. How to capture early payment discounts and avoid late payment penalties.

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Finance Accounting Data Entry Software 52

SIG Speaks

APRIL 14, 2022

Be sure to note his dual finance and procurement role. Based on his expertise – which includes an MBA in Finance from the world’s oldest and most prestigious business school, Rudzki identified the five critical finance terms every purchaser should know. and Bethlehem Steel Corp. Fast Forward To 2020. Building On Rudzki.

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Finance Co-Sourcing Sourcing Strategic Sourcing 40

Magellan Solutions

MAY 19, 2022

Outsourced Finance and Accounting Services – Does Your Business Even Need It? Accounting and finance is the backbone of every company. . What is Finance and Accounting Outsourcing? Using their expertise to provide relevant expert services in a different (but efficient) setting. . Have experts handle your finances

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Finance Accounting Outsourcing Service 40

Paysquare

SEPTEMBER 12, 2023

Payroll information is private and secret, and a breach could harm an organization’s reputation, finances, and legal standing. Streamline Your Payroll Processes You may reduce errors, increase efficiency, and save time by streamlining your payroll procedures.

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Payroll Efficiency Management Regulations 52

The Hackett Group

DECEMBER 4, 2022

Companies can reduce SG&A expenses in a sustainable way without compromising service efficiency or quality. The post <strong>Director of Finance, “A Smarter Way to Cut SG&A”</strong> appeared first on The Hackett Group. A bylined article by The Hackett Group’s Tom Kellaway.

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Finance Efficiency Service 40

Planergy Software

MAY 23, 2022

Sustainable Finance: What Is It, Why Is It Important, and How To Prepare. Sustainable Finance and ESG Strategy Sustainable finance and ESG strategy in particular are becoming an important component for business owners, consumers, and investors. Why is sustainable finance important? Download Free Copy. Written by.

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Finance Government Regulations Accounting 52