November 1, 2012
The Hackett Group: Most Companies with Project Management Offices See Higher IT Costs, No Performance Improvements

Project Management Offices (PMOs) fail to help most companies reduce IT cost or improve performance, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT). In fact, companies with high utilization of PMOs see materially higher IT costs while also failing to deliver projects with higher ROI or better on-time and on-budget performance, according to the research. The research also found that companies have significantly reduced their use of PMOs over the past three years, in part due to their inability to positively impact performance.

October 23, 2012
US Companies Continue to Play Year-End Games With Receivables, Payables, and Inventory

Many large U.S. companies continue to try and "game the system" at year-end, artificially improving their balance sheets by manipulating receivables, payables, and inventory, according to a new study from REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT). Their efforts, which can range from deep discounting and extended payment terms on sales to simply "losing" supplier bills, do have a positive impact in Q4, the study found. But these companies pay a harsh price in Q1, when working capital performance bounces back to even worse levels than before.

October 12, 2012
REL Launches Cash Flow Forecasting Study: Where Does Your Company Stand?

A new complimentary study launched by REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT), is designed to help companies compare their cash forecasting practices with top performers. Forecasting cash positions and cash needs continues to be an issue for most organizations. Given the current volatility and uncertainty in the markets, it becomes all the more important for companies to forecast their cash requirements as accurately as possible. By participating in REL's newly-launched Operating Cash Flow Forecasting study, companies can find out how their performance in forecasting operating cash flow compares with other organizations.

August 16, 2012
Despite Small Improvement in Working Capital Performance Largest U.S. Cos Now Have a $900 Billion Improvement Opportunity

The ability of the largest U.S. companies to collect from customers and manage inventory improved just slightly in 2011, while payables performance worsened, according to the 14th annual working capital survey from REL Consulting, a division of The Hackett Group, Inc. (NASDAQ: HCKT), and CFO Magazine.

August 14, 2012
Operating Imperatives to Mitigate an Increasingly Volatile 2012

In the face of shrinking economic growth projections and continued business volatility, The Hackett Group, Inc. (NASDAQ: HCKT) today issued research detailing six operational imperatives designed to help companies combat economic uncertainty by enhancing the efficiency and effectiveness of business services, including finance, HR, IT, procurement, and supply chain operations.

July 19, 2012
The Hackett Group: Growing Talent Crisis in Finance, IT, Other Areas As HR and Business Services Leaders Fail to Collaborate

Finance, IT, Procurement, and other business services areas are in the midst of a growing talent crisis, and the failure of HR and business services leaders to effectively collaborate is in large part to blame, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT).

May 24, 2012
Reshoring of Some Chinese Manufacturing Jobs Becoming Likely As Cost Gap is Expected to Shrink to Just 16 Percent Next Year

The tide has begun to turn on the flow of manufacturing jobs from the U.S. to China and other low-cost countries, according to a new study from The Hackett Group, Inc. (NASDAQ: HCKT). Some companies are already reshoring a portion of their manufacturing capacity, and this trend is expected to reach a crucial tipping point over the next two to three years, as the total landed cost gap between the two nations continues to shrink, driven in part by rising wage inflation in China and continued productivity improvements in the U.S.

April 26, 2012
Most Companies Fail to Accurately Forecast Working Capital Needs And the Cash to Support Them, Says New Study by REL Consulting

Despite a global business environment where companies can be harshly punished by Wall Street for even small missteps in predicting revenue or earnings, most large companies say they cannot correctly forecast operational basics like inventory, receivables, payables, and the underlying cash requirements to support them, according to the results of a new study from REL Consulting, a division of The Hackett Group, Inc. (NASDAQ: HCKT).

April 25, 2012
New Hackett Performance Study Helps Procurement Organizations Improve Their Company's Ability to Grow

A newly-launched performance study from The Hackett Group, Inc. (NASDAQ: HCKT) can help procurement organizations improve how they enable their companies growth, in revenue and other areas. The open performance study is designed to help procurement leaders move beyond cost savings and better understand the progress and strategies that can be used to enable all facets of growth.

April 5, 2012
Exact Sciences "Goes Live" With SAP® Business All-in-One Partner Solution From Answerthink

Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) focused on providing and supporting SAP® solutions, today announced that while leveraging SAP's fast-start implementation approach, it has delivered a successful go-live implementation of EzLifeSciences™, a qualified SAP Business All-in-One partner solution for the life sciences industry, at Exact Sciences Corporation.

April 5, 2012
Hackett: Procurement Can Expect Small Budget & Staff Hikes In 2012 as They Manage Increasing Demand and Pricing Volatility

Procurement organizations can expect to see small budget and staff increases in 2012, according to new key issues research from The Hackett Group, Inc. (NASDAQ: HCKT). The Hackett Group's research also found that procurement organizations are heavily focused on addressing demand and pricing volatility that is the "New Normal." In addition they are seeing a dramatic acceleration of globalization efforts that will likely increase the number of procurement jobs performed offshore by more than 50 percent by 2013.

March 27, 2012
New Hackett Research Forecasts Offshoring of 750,000 More Jobs In Finance, IT, Other Key Business Services Areas by 2016

Corporations in the U.S. and Europe will move an additional 750,000 jobs in IT, finance, and other business services to India and other low-cost geographies by 2016, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT). But levels of additional offshoring in these areas will begin to decline by 2014, and in the next 8-10 years the flow of jobs offshore is likely to cease, as companies simply run out of business services jobs suitable for moving to low-cost countries.

March 20, 2012
Edmund Optics "Goes Live" With SAP® Business All-in-One and Other Solutions From SAP, Deployed by Answerthink

Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) focused on providing and supporting SAP® solutions, today announced the successful go-live implementation of the SAP Business All-in-One solution and other SAP solutions at Edmund Optics, Inc.

March 9, 2012
Hackett: Key Issues Study Finds Return to Moderate Growth In Budgets and Staff for 2012, With Some Caveats

CIOs can expect to see a return to moderate growth in IT budgets and staff for 2012, according to a new IT key issues study from The Hackett Group, Inc. (NASDAQ: HCKT). But, the study also offers significant caveats, given the dramatically increased business volatility that shows no signs of changing.

March 6, 2012
Hackett: Jobless Recovery in Corporate Finance to Continue in 2012 As CFOs Expect to Operate with Smaller Budgets, Fewer Staff

The jobless recovery in corporate finance is likely to continue in 2012 and beyond, and CFOs can expect to operate with smaller budgets and fewer staff, according to new key issues research from The Hackett Group, Inc. (NASDAQ: HCKT).

February 22, 2012
Hackett Key Issues Study: As Volatility Becomes the Status Quo, Understanding Regional Differences on a Global Basis is Key

In 2012, many large companies expect to face significant challenges dealing with the increased volatility and elements of the "New Normal," according to new key issues research from The Hackett Group, Inc. (NASDAQ: HCKT). The study found that companies are heavily focused on improving accuracy and timeliness of information to enable improved decision-making, and on leveraging global standards, resources, and organizational models as they struggle to "do more with less."

February 15, 2012
Chemical Information Services and The Hackett Group Announce Strategic Alliance

Chemical Information Services (CIS) and The Hackett Group (NASDAQ: HCKT) today announced a strategic alliance which will offer CIS clients access to select Hackett research and insights.

January 25, 2012
Answerthink Receives Overall SAP® Channel Partner of the Year Award, North America at SAP® North America Field Kick-Off Meeting 2012

Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT), today announced it has received the Overall SAP Channel Partner of the Year Award, North America. Awards were presented by SAP Americas (NYSE: SAP) during the SAP North America Field Kick-Off Meeting (FKOM) 2012, held Jan. 17-19 in New Orleans, LA, to the top-performing SAP channel partners and SAP services partners in North America for outstanding contributions that impact overall SAP sales and pipeline-generation goals.

January 20, 2012
New Working Capital Performance Study Launched by REL Consulting

A new working capital performance study has been launched by REL Consulting, a division of The Hackett Group, Inc. (NASDAQ: HCKT). The study, which examines "Working Capital Performance: Successes, Challenges and 2012 Objectives," is complimentary, and companies are invited to participate.

January 11, 2012
Gallus BioPharmaceuticals, LLC "Goes Live" With SAP® Business All-in-One Partner Solution From Answerthink

Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) and a premier developer, provider and supporter of SAP® solutions, today announced the successful go-live implementation of EzLifeSciences™, an SAP Business All-in-One partner solution for the life sciences industry, at Gallus BioPharmaceuticals, LLC.

January 4, 2012
REL Consulting: Post Office Changes Could Slow Collections, Cost Large Companies Up to $100 Million Annually

The U.S. Postal Service's recent decision to eliminate next-day delivery of first-class mail could cost typical large U.S. companies up to $100 million each year by making it significantly harder to collect from customers quickly, according to new research from REL Consulting, a division of The Hackett Group, Inc. (NASDAQ: HCKT).