Q2 2018 net revenue of $69.6 million, up 3% when compared to prior year and in line with guidance Q2 2018 pro forma diluted EPS of $0.27 per share, up 8% from prior year Declared semi-annual dividend of $0.17 per share, up 13% from prior year MIAMI, FL – August 7, 2018 – The Hackett […]
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Hackett: IT Struggling to Enable Digital Transformation Of Both the Enterprise and the IT Organization
MIAMI & LONDON, August 2, 2018 — IT organizations are currently struggling with the challenge of enabling their company’s digital transformation while at the same time transforming the IT function itself into a more customer-centric, innovative and agile operation, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT). While these two missions are […]
Read ArticleHackett: HR Organizations are Forging a Digital Path to World-Class
World-Class HR Organizations Now Spend 26 Percent Less, And Have 32 Percent Fewer Staff, While Driving Higher Effectiveness Levels MIAMI & LONDON, July 26, 2018 – World-class HR organizations now spend 26 percent less than peers on HR and operate with 32 percent fewer staff while driving dramatically higher levels of effectiveness, according to […]
Read ArticleThe Hackett Group, Inc. invites you to participate in the 2018 Second Quarter Earnings Conference Call on Tuesday, August 7, 2018
The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the second quarter ended June 29, 2018 on Tuesday, August 7, 2018 after the close of regular market hours. Following the release, the senior management will discuss second quarter results in a conference call at 5:00 P.M. ET. The number for […]
Read ArticleHackett: U.S. Cos Improve Working Capital Performance; Deterioration in Receivables and Inventory Management Masked by Significant Slowing of Payments to Suppliers
MIAMI & LONDON, July 19, 2018 – The 1000 largest non-financial companies in the U.S. significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. But their ability to collect from customers and manage inventory actually both deteriorated, masked by a significant increase in the time companies […]
Read ArticleDigitalist, “Leveraging Cloud-Based ERP To Improve Data Management”
Most companies today run on a fractured ERP environment. Over half of respondents to our 2018 “ERP in the Cloud” poll told us that they’re using multiple on-premises ERPs in their organization (see chart, below). That stands in the way of standardizing processes, looking across processes, and collecting cross-enterprise data.
Read ArticleCFO “Working Capital Scorecard: Suppliers Can Wait”
The cash conversion cycle improved once again in 2017, largely because many companies are taking as long as possible to pay suppliers. Results from The Hackett Group’s 2018 Working Capital Survey.
Read ArticleL’AGEFI (France) “Major European groups reduce their Working Capital”
In French. The “cash conversion cycle” of European companies was reduced to just 37 days last year, the lowest since 2008, according to The Hackett Group’s study.
Read ArticleCFO Tech Outlook, “The Three Hallmarks of a World-Class Finance Organization”
Bylined article by The Hackett Group’s Nilly Essaides, Jim O’Connor, and Tom Willman. Companies today are facing a period of unprecedented volatility. Globalization is reshaping the competitive landscape. Changing regulations across multiple jurisdictions require constant monitoring. Meanwhile, digital transformation is giving rise to new products, services and business models. Digitization is also vastly accelerating the […]
Read ArticleWall Street Journal, “Delaying Payments to Suppliers Helps Companies Unlock Cash”
U.S. public companies are holding back payments for an average of 56.7 days, longer than any point in the past decade, according to a study by The Hackett Group.
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