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The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the third quarter ended September 29, 2023 on Tuesday, November 7, 2023 after the close of regular market hours. Following the release, senior management will discuss third quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Third Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes...

The Hackett Group , Inc. (NASDAQ: HCKT) today announced the availability of its purchase-to-pay (P2P) software solutions market intelligence research. The Hackett Value Matrix™ analyzes 10 leading P2P solutions providers in terms of their ability to deliver value, breadth of capability, solution maturity and actionable insight. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230823641401/en/ The P2P Hackett Value Matrix charts the...

The Hackett Group , Inc. (NASDAQ: HCKT), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class ® performance, today announced its financial results for the second quarter, which ended on June 30, 2023. Financial Highlights Total revenue in the second quarter of 2023 was $77.1 million and revenue before reimbursements was $75.6 million, which was above the high end of our guidance. This compares to total revenue of...

Procurement operating costs at typical companies increased for the first time in more than a decade this year, in response to unprecedented uncertainty, including supply disruptions, inflationary pressures, and environmental, social, and governance initiatives, according to new Digital World Class ® research from The Hackett Group , Inc. (NASDAQ: HCKT). Despite increases in year-on-year operating costs, Digital World Class procurement organizations excel at cost optimization compared to typical...

The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the second quarter ended June 30, 2023 on Tuesday, August 8, 2023 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 the conference call is (800) 593-0486, [Passcode: Second Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes...

For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. (NASDAQ: HCKT). During this same period, Digital World Class ® finance organizations were highly resilient and managed to reduce costs to nearly half that of their peers while delivering dramatic improvements in value, including...

The largest U.S. companies found it much harder to extend payments to suppliers in 2022, and have likely hit a ceiling on the practice of supplier payment terms optimization that has historically helped them bolster their balance sheets, according to new working capital research from The Hackett Group, Inc. (NASDAQ: HCKT). An analysis of data from 1,000 of the largest U.S. public companies by The Hackett Group ® showed that in 2022 days payable outstanding (DPO), or the number of days companies...

The Hackett Group , Inc. (NASDAQ: HCKT), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class ® performance, today announced its financial results for the first quarter, which ended on March 31, 2023. Financial Highlights Total revenue in the first quarter of 2023 was $71.2 million and revenue before reimbursements was $69.8 million, which was in line with our guidance. This compares to total revenue of $75.7 million...

One-size-fits-all hybrid work policies are more likely than other options to have a negative impact on employee engagement, retention and the amount of work done each day, according to new hybrid work research from The Hackett Group , Inc. (NASDAQ: HCKT). At the same time, giving employees greater choice drives improvements in all these areas, the research found. The research also found that working virtually does not prevent most employees from effectively collaborating and connecting, except...

The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the first quarter ended March 31, 2023 on Tuesday, May 9, 2023 after the close of regular market hours. Following the release, the senior management will discuss first quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: First Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior...

The Hackett Group , Inc. (NASDAQ: HCKT) today announced that its Market Intelligence Service has launched a new research project that will evaluate and rank finance and accounting outsourcing solutions providers. The Finance and Accounting Outsourcing research report, which The Hackett Group ® expects to issue in Q3 2023, will detail and quantify the broad range of benefits that companies can accrue by working with individual outsourcing solutions providers. The scope of the research will cover...

Modern customer-to-cash (C2C) receivables platforms deliver superior value realization and return on investment when compared to legacy applications, according to new Market Intelligence Service research from The Hackett Group , Inc. (NASDAQ: HCKT). Modern platforms offer improved cash flow management, better customer and employee experience, touchless capabilities and superior AI and analytics. Benefits include: This press release features multimedia. View the full release here:...

Ensuring supply continuity and combatting inflationary price increases are the top two priorities for procurement organizations in 2023, while talent management has jumped to the top of procurement’s list of planned improvement initiatives, according to new CPO Agenda research from The Hackett Group , Inc. (NASDAQ: HCKT). But strategic priorities are driving procurement’s continued focus on reducing spend cost, and pursuing digital transformation remain critical, along with improving...

Corporate finance leaders expect to remain focused on digital transformation in 2023 to address recession, inflation, geopolitical turmoil and talent shortages, according to the 2023 CFO Agenda research from The Hackett Group , Inc. (NASDAQ: HCKT). Other top priorities for the year include providing support for growth strategies, better preparedness for issues they cannot control, improving business partnering and enhancing finance agility, the research found. In addition, the research from The...

The Hackett Group, Inc. (NASDAQ: HCKT), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class ™ performance, today announced its financial results for the fourth quarter, which ended on December 30, 2022. Financial Highlights Total revenue in the fourth quarter of 2022 was $70.1 million and revenue before reimbursements was $68.8 million, which exceeded the high end of our guidance. This compares to total revenue of...

The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the fourth quarter ended December 30, 2022 on Tuesday, February 21, 2023 after the close of regular market hours. Following the release, the senior management will discuss fourth quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Fourth Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10...

The Hackett Group, Inc. (NASDAQ: HCKT) (“Hackett” or the “Company”), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class™ performance, today announced the final results of its modified “Dutch auction” tender offer (the “Offer”) to purchase up to $120 million in value of its common stock, par value $0.001 per share (the “Common Stock”), which expired at 12:00 midnight, New York City time, at the...

The Hackett Group, Inc. (NASDAQ: HCKT) (“Hackett” or the “Company”), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class™ performance, today announced the preliminary results of its modified “Dutch auction” tender offer (the “Offer”) to purchase up to $120 million in value of its common stock, par value $0.001 per share (the “Common Stock”), which expired at 12:00 midnight, New York City time, at...

The Hackett Group, Inc. (NASDAQ: HCKT) (“Hackett” or the “Company”), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class™ performance, today announced that it has commenced a modified “Dutch auction” tender offer to purchase up to $120 million in value of its common stock at a price not greater than $23.50 nor less than $20.50 per share. The tender offer begins today, November 9, 2022, and will expire at...

The Hackett Group, Inc. (NASDAQ: HCKT), a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class™ performance, today announced its financial results for the third quarter, which ended on September 30, 2022 . Financial Highlights Total revenue in the third quarter of 2022 was $72.0 million and revenue before reimbursements was $71.0 million, which was in line with our guidance. This compares to total revenue of $71.9...