November 14, 2018
The Hackett Group and CASME Launch Alliance To Enhance Experience of Both Companies’ Procurement Clients
Hackett Clients to Benefit from CASME’s Extensive Spend-Category Specific Market Intelligence; CASME Clients Gain Access to Hackett Research Insights
MIAMI & LONDON, November 14th, 2018 – The Hackett Group, Inc. (NASDAQ: HCKT) and CASME have launched an alliance that will provide procurement clients of both companies with access to additional insights, research assets and networking opportunities.
Through the reciprocal alliance, members of The Hackett Group’s Procurement Advisory Programs will benefit from access to CASME’s extensive spend category-specific market intelligence and indirect spending expertise, as well as selected Webcasts, RoundTables, virtual events and other peer networking opportunities. CASME clients will gain access to select research insights from The Hackett Group’s procurement membership advisory teams. The Hackett Group will also host Webcasts and provide seats at selected virtual events for CASME members.
The Hackett Group’s empirical benchmarks detail how companies can improve efficiency and effectiveness, and quantify world-class and typical performance. The Hackett Group’s research also spotlights strategic thinking in procurement transformation strategy, best practices and emerging areas — including the increasing use of digital transformation such as robotic process automation, artificial intelligence and blockchain — to enhance procurement and operational purchasing areas.
CASME runs over 200 RoundTables and virtual events every year and publishes 80 reports and benchmarking studies. CASME’s annual program covers 24 indirect categories and strategic topics, providing a complete package of knowledge for procurement professionals and the opportunity to share non-competitive information and benchmarking data with peers from other organizations.
“This alliance will benefit more than 500 large multi-national and global procurement organisations, including tens of thousands of participants with hundreds of billions of dollars in combined spend,” said Chris Sawchuk, The Hackett Group Principal & Global Procurement Advisory Practice Leader. “This valuable collaboration will provide CASME members and The Hackett Group’s procurement advisory program members with access to a selection of each company’s research assets and networking experiences.”
“CASME has an exceptional reputation for delivering indirect procurement category expertise, market insights, and networking opportunities,” said Sawchuk. “We believe these will provide an excellent complement to The Hackett Group’s procurement benchmarking insights and advisory services.”
According to Graham Crawshaw, CASME Services Director, “This adds value to members of both of our organizations. The Hackett Group has established itself as the global leader in delivering research-based perspectives on world-class procurement performance, procurement strategy and transformation, and source-to-pay best practices. We believe this will be invaluable for CASME clients.”
About The Hackett Group, Inc.
The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation 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 16,500 benchmarking studies studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 89% of the Fortune 100, 83% of the DAX 30 and 57% 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.
CASME is the global membership network for corporate procurement, actively supporting 15,000+ professionals in over 80 countries, from 150 organizations. Members gain access to published insights covering 24 indirect categories and practices, participation in benchmarking studies, and in-depth learning and networking opportunities through an annual program of 200 events per year. All content is gathered from the insights of the global membership community providing significant value for procurement professionals who are preparing sourcing strategies and category plans. To find out more about CASME visit www.casme.com, email email@example.com or call +44 1420 488 355.
From The Hackett Group: 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 Hackett Group’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 include without limitation, the ability of Hackett to effectively market its Services against competition from other consulting and professional/trade associations/companies who may have or develop in the future, similar offerings, the commercial viability of Hackett’s Services or the offerings which sells, the ability of Hackett’s to market and leverage the alliance, changes in expectations regarding consulting services or technology products, Hackett’s ability to market and sell its consulting and transformation services, CASME’s ability to maintain the value of its spend category-specific market intelligence and indirect spending expertise or intellectual property leverage the same, 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.