Research Alerts & Press Releases 2016

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, offering digital transformation including robotic process automation and enterprise cloud application implementation. Services include business transformation, enterprise analytics, 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 and SAP practices.

The Hackett Group has completed more than 13,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 87% of the Fortune 100, 87% of the DAX 30 and 58% 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.

SAP, SAP HANA, SAP Fiori and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Cautionary Statement Regarding "Forward Looking" Statements

This release contains "forward looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as "expects", "anticipates", "intends", "plans", "believes", seeks", "estimates" or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward looking statements. Forward looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward looking statements. Factors that may impact such forward looking statements included without limitation, the ability of Hackett and Answerthink and/or SAP to effectively market the SAP S/4HANA solution against competition from other consulting and technology companies who may have or develop in the future, similar offerings, the commercial viability of SAP and the SAP S/4HANA solution, changes in expectations regarding the information technology industry, the ability of Hackett to attract skilled employees, changes in collections of accounts receivable, risk of competition, price and margin trends, changes in general economic conditions and interests rates as well as other risk detailed in Hackett's reports filed with the United States Securities and Exchange Commission. Hackett does not undertake any duty to update this release or any forward looking statements contained herein.

Media Relations

Media relations inquiries about The Hackett Group should be directed to Gary Baker, Communications Director at or +1 917 796 2391.