The Hackett Group Inc.

Our recent “2024 Working Capital Survey” reveals a rise in Europe’s cash conversion cycle, signaling growing challenges for businesses.    In a recent article by Business Reporter, Shawn Townsend and István Bodó unpack the drivers behind this shift—including industry-specific impacts and geopolitical pressures—and share strategies to unlock €1.3 trillion in excess working capital.    How can businesses adapt to stay ahead? And what role does Gen AI play in transforming working capital management?    Read the full article in Business Reporter to find out: https://lnkd.in/gFH5saE5    #TheHackettGroup #WorkingCapital #BusinessReporter 

A big round of applause for WNS, the “2024 Digital Award” winner in Talent Management!     Their AI-powered TalentTurf™ platform is redefining performance management, boosting employee engagement, and delivering a 600% ROI. 📈    Outstanding work, WNS.     #TheHackettGroup #HRTransformation #AI 

Congratulations to Micron Technology for winning The Hackett Group’s “2024 Digital Award” in Purchase-to-Pay!    Their Intelligent Assistant Front Door solution is transforming procurement processes, saving time, and delivering a 40% ROI in its first year. 📶      #TheHackettGroup #AI #Procurement

Curious about how generative AI is reshaping business performance?    In October, we hosted two “Gen AI Breakthrough” conferences in London, UK and Atlanta, GA where industry leaders from 3M, AmeriCold Inc., Johnson & Johnson, WNS and more shared how they’re driving innovation and competitive edge with Gen AI.     Attendees explored The Hackett Group’s breakthrough framework for designing and deploying AI-powered solutions that deliver real value.    If you missed the events or want a refresher, check out our complimentary recap webcast recording and gain a summarized insights to fuel your organization’s Gen AI journey here: https://lnkd.in/gKfdAh9H    #TheHackettGroup #GenAI #WebcastOnDemand

Join Josh Din, CPA, Firm Tax Leader from The Hackett Group, for a webinar on January 29, 2025, at 1PM ET to explore how Oracle Tax Reporting Cloud (TRC) can transform your global tax provision process and support BEPS Pillar 2 reporting requirements.    This session will cover:    - Assessing data requirements and building an implementation roadmap.  - Streamlining processes for audit readiness and workflow management.  - Configuring, testing, and validating Oracle TRC for success.    Register now:  https://lnkd.in/dJPsJxyD    #TheHackettGroup #Webinar #Oracle 

Applause for Johnson & Johnson, winner of The Hackett Group’s “2024 Digital Award” for GBS Service Desk!     Their JAIDA conversational AI is reshaping how employees interact with HR and payroll, delivering an ROI of over 200% and engaging employees in over 17,000 conversations.       #TheHackettGroup #AI #Innovation

Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader, from The Hackett Group will be speaking at the upcoming CPO ThinkTank, hosted by Synertrade, on January 16-17, 2025 at The Goodtime Hotel in Miami. Joining Chris are Roger Blumberg, North American General Manager at Synertrade, Martin Rand from Pactum AI, and Philip Ideson from Art of Procurement. This is an important event for procurement leaders. Sign up now: https://lnkd.in/eSnbbJYy #TheHackettGroup #Procurement #SupplyChain 

In our latest “Business Excelleration® Podcast,” we share insights from The Hackett Group’s 2024 SG&A Cost Study, exploring how European companies reduced costs while North American companies saw increases. We also discuss how generative artificial intelligence (AI) can offer productivity gains of up to 44% and help organizations save up to $300 million annually by adopting Digital World Class® practices. Tune in now to learn more about transforming cost management and leveraging AI for greater efficiency: bit.ly/3Dm3cT5 #TheHackettGroup #BusinessExcellerationPodcast #AI

Tonkean, a leader in process orchestration, and Beroe Inc, a pioneer in procurement decision intelligence, have partnered to launch "Market Intelligence-Infused Orchestration" for procurement processes. This innovative solution integrates real-time category and supplier insights directly into procurement workflows, driving cost-effective, compliant, and risk-aware sourcing decisions. So, what does this mean for procurement teams? They can now make more informed supplier selections, align costs with real-time benchmarks, accelerate RFP/RFI creation using tailored inputs, and receive AI-driven support across platforms like Slack and Teams—all within a seamless, compliant framework. Learn more here: https://lnkd.in/excZVVEX #TheHackettGroup #Tonkean #Beroe #Procurement #AI

The Hackett Group’s “2024 Digital Awards” with 3M's winning project, is transforming complaint management through artificial intelligence (AI), achieving 79% accuracy and saving 1,400 hours. Hear Vin Kumar (he/him), Joshua Bodine, and Michal Boba discuss how this AI solution is boosting efficiency and customer satisfaction in the latest episode of our “Business Excelleration® Podcast”: bit.ly/3OOsQ5o #TheHackettGroup #BusinessExcellerationPodcast #AI #DigitalWorldClass