The Hackett Group: Digital Transformation Can Enable Savings Of More than 42% for Typical Finance Organizations
Summary
The Hackett Group’s research also emphasized that in part due to changes driven by digital transformation, next-generation finance organizations are moving beyond the inward-focused metrics of efficiency and effectiveness to also directly measure the experience of key stakeholders. Digital transformation has the potential to propel peers to today’s world class levels, while at the same time redefining what ‘world class’ means for finance leaders.” “This transition won’t be easy or happen overnight,” said Essaides. Smart automation can significantly reduce manual work and free up staff time to focus on value-creating activities such as providing insight to support critical management decisions.” “This is more of a tactical approach,” said O’Connor. The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading benchmarking and best practices firm to global companies, with offerings that include smart automation and enterprise cloud application implementation. 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.