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The Hackett Group: Supply Continuity and Inflation Are Critical Procurement Priorities for 2023

The Hackett Group

But strategic priorities are driving procurement’s continued focus on reducing spend cost, and pursuing digital transformation remain critical, along with improving analytics and insight capabilities. Procurement leaders are also recognizing that success requires a data- and insight-driven approach, with technology as a key enabler.

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The Hackett Group Announces Third Quarter 2021 Results

The Hackett Group

Key Issues Study Launch – In September 2021, The Hackett Group launched its 2022 Key Issues campaigns covering six functional areas: Finance, Procurement, Supply Chain, Human Resources, Information Technology, and Global Business Services. Results from the studies will be released in January 2022.

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Hackett: Digital Transformation is a Leading Priority for Finance in 2023, As Companies Respond to the Global Economic Downturn

The Hackett Group

Finance executives also expressed a low degree of confidence in their ability to meet business objectives in several priority areas, including retaining the right skills and talent (60% low confidence), using advanced analytics to turn data into actionable insights (57%), improving finance agility (50%), and driving cost reduction (50%).

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Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority

The Hackett Group

Procurement organizations are hoping to use technology, including Gen AI, to make up some of the gap, and technology spend is one area likely to be spared potential cuts, with an expected 4.6% Data analytics and reporting topped the list of planned improvement initiatives for 2024, followed by talent management.

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Hackett: 2023 HR Key Issues Research Finds Troubling Disconnect Between Critical Priorities and the Ability to Execute Improvements

The Hackett Group

Small-scale deployments of advanced analytics , data visualization and master data management are the norm, with less than 20% of all HR organizations reporting large-scale implementations. A complimentary version of The Hackett Group’s 2023 CHRO Agenda research is available, with registration, at [link]. “So

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Key Issues 2023: Assessing the Global Services Industry’s Performance Against Expectations | Blog

Everest Group

As a result of these concerns, global leaders adopted a more cautious stance going into this year, according to Everest Group’s annual Key Issues survey of over 200 global leaders across industry enterprises, Global Business Services (GBS) centers , and providers.

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Hackett: Finance Leaders See Cost Containment and Cash Flow Optimization as Top Priorities for 2024

The Hackett Group

Many finance leaders also see an opportunity for using Gen AI in business performance support, including amplified analytics, intelligent task automation, conversational agents for service requests and natural language processing for translation of narratives. About The Hackett Group The Hackett Group, Inc.

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