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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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How Outsourcing Accounts Payable Boosts Financial Efficiency?

Magellan Solutions

Insights and Reporting The outsourcing provider has a dedicated analytics team focused on providing meaningful data, customized reports, and actionable insights specifically aimed at improving the client’s accounts payable processes and performance. This lightens the vendor management workload for the client.

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How Speech Analytics Improve Offshore Call Center Services

Magellan Solutions

Offshore Call Center Services Uses Speech Analytics to Improve Customer Journey. For an outsourced call center services, this could mean use of technologies such as AI or in this case speech analytics. For an outsourced call center services, this could mean use of technologies such as AI or in this case speech analytics.

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Ecommerce Growth Hacks: Outsource Ecommerce Product Data Entry Services

Offshore India Data Entry

Leveraging ecommerce product data entry services can empower your business by enhancing operational efficiency, improving data accuracy, and freeing up your valuable time to focus on strategic growth efforts. It’s not just about offloading work; it’s about enhancing efficiency, accuracy, and ultimately, the bottom line.

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AI driving a revolutionary new frontier in semiconductor manufacturing

Infosys Consulting

In the intricate and precise world of semiconductor manufacturing, achieving optimal fab yield and manufacturing efficiency are paramount. The integration of Artificial Intelligence (AI) into this domain is revolutionizing traditional processes, ushering in a new era of precision, efficiency, and productivity.

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How to Edit Your Business Processes to Make Them More Efficient

Frevvo

70% of organizations are reworking their processes to improve productivity and lower operating costs. As a company grows, it adds new processes to support its operations. Reducing cycle time can improve the turnaround times of key activities and reduce operating costs. Processes Become Outdated Over Time.