April 28, 2016

Answerthink Announces "Go Live" on SAP® S/4HANA Finance

MIAMI, April 28, 2016 - 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 the SAP S/4HANA Finance solution at a pre-commercial, pre-production medical device company.

The multi-phase SAP software implementation began with a fast-start project to get the back office up and running. The initial scope included indirect procurement, accounts payable, fixed assets, bank interfaces and cost center planning. Answerthink is planning to roll out a number of SAP Fiori® apps to enhance this SAP software environment. A key area of focus was knowledge transfer and training, as the customer was new to the ERP solution.

The next phase will be two-part. Answerthink will be implementing inventory management, direct materials procurement, and basic production planning and execution as well as quality management to support pilot production efforts. Shortly after these components are in place, Answerthink will implement full production planning and execution, extensive quality management, sales and distribution, and accounts receivable components.

"SAP has been an exceptionally strong partner for us, and the combination of the powerful SAP S/4HANA software with our best practices and industry expertise, make this a unique offering for life sciences companies. It does more than just provide comprehensive integrated ERP functionality; it actually helps companies improve the efficiency and effectiveness of their operations at many different levels," stated Tom Bleau, principal of Answerthink.

The SAP solution has simplified and streamlined processes while improving reporting. Best of all, Phase 1 of this project was completed within 13 weeks, on time and on budget.

Answerthink, an SAP platinum partner and a member of United VARs, is a strategic business and technology consulting firm that enables companies to achieve world-class business performance. Qualified SAP Business All-in-One partner solutions are industry-specific software, implementation and training solutions developed by SAP partners using SAP applications.


About Answerthink

Answerthink, a division of The Hackett Group, is an SAP platinum partner under unitedVARS. Answerthink develops and offers qualified SAP Business All-in-One partner solutions, as well as services, support for analytics, mobility, cloud offerings, training and the SAP HANA platform. By leveraging the best practices of The Hackett Group, Answerthink helps clients improve performance and maximize returns on investments in SAP software.


About The Hackett Group, Inc.

The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm to global companies. Services include business transformation, enterprise performance management, working capital management, and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including its award-winning Oracle EPM and SAP practices.

The Hackett Group has completed more than 11,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 86% of the Fortune 100, 87% of the DAX 30 and 52% of the FTSE 100. These studies drive its Best Practice Intelligence Center™ which includes the firm's benchmarking metrics, best practices repository, and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.


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