MIAMI--(BUSINESS WIRE)---- $HCKT #agentic--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI consultancy and enterprise digital transformation firm, today announced findings from its 2026 Global Business Services (GBS) Key Issues Study, showing that GBS organizations are accelerating AI adoption to counter unprecedented productivity pressure, with early deployments already delivering measurable gains in service quality, customer experience, and employee engagement. The study finds the GBS workload is ...

MIAMI--(BUSINESS WIRE)---- $HCKT #HR--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI consultancy and enterprise digital transformation firm, today announced findings from its 2026 Human Resources Key Issues Study. The research shows that human resources (HR) leaders broadly recognize the need to transform, but execution remains uneven – creating a widening disconnect between strategic priorities and day-to-day activities as workforce demands intensify. The numbers tell a clear story: HR workloads ...

MIAMI--(BUSINESS WIRE)---- $HCKT #ai--IBM Consulting and The Hackett Group, Inc. (NASDAQ: HCKT) are collaborating to help enterprises accelerate and prioritize AI opportunities using Hackett AI XPLRâ, ¢. By aligning AI potential to real workflows and existing systems, organizations can identify high- value use cases with measurable ROI. The collaboration supports responsible and efficient enterprisewide AI adoption. Artificial intelligence and automation continue to reshape the way enterprises operate. Orga ...

MIAMI--(BUSINESS WIRE)---- $HCKT #agenticai--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI consultancy and enterprise digital transformation firm, today announced the release of its 2026 Procurement Key Issues Study, which finds that procurement organizations are entering a pivotal phase in their use of artificial intelligence (AI), as AI-enabled technology emerges as a leading driver of transformation across the function. The research finds that deploying AI-enabled technology has risen into the ...

Core Insights - Order.co has been recognized in The Hackett Group's 2025-2026 "50 to Watch" list for the sixth consecutive year, highlighting its influence in the procurement technology market [1][2]. Company Overview - Order.co is an AI procurement and finance automation software founded in 2016, headquartered in New York City, and has raised $70 million in funding from notable investors [4]. - The company provides a centralized platform that combines online shopping ease with purchase order and accounts payable automation, serving clients like WeWork and Hugo Boss [4]. Technology and Solutions - The platform allows businesses to capture and control external purchasing from any website or marketplace, consolidating purchases into a master catalog and streamlining supplier payments [2]. - Order.co's features include approval workflows, AI sourcing, and accounts payable capabilities, which enhance spend visibility and control for small and medium-sized enterprises (SMEs) [2]. Leadership Perspective - The CEO and Co-Founder of Order.co expressed excitement about the company's direction, emphasizing the delivery of AI agents that anticipate purchasing needs, which reflects the positive impact on customers [3].

Revenue Performance - Total revenue for fiscal year 2025 decreased to $305.6 million, down from $313.9 million in 2024, primarily due to a $13.0 million decrease in the Oracle Solutions segment, partially offset by a $6.3 million increase in the SAP Solutions segment [135]. - The Global S&BT segment revenue decreased to $169.6 million in 2025 from $171.1 million in 2024, impacted by weaknesses in OneStream implementation offerings and the non-renewal of a significant IPaaS contract [138]. - Oracle Solutions segment revenue decreased to $72.7 million in 2025 from $85.7 million in 2024, affected by extended client decision-making processes [139]. - SAP Solutions segment revenue increased to $63.4 million in 2025 from $57.1 million in 2024, driven by increased software sales and implementation services related to S/4HANA cloud migrations [140]. Cost and Expenses - Personnel costs before reimbursable expenses were $183.7 million in 2025, compared to $183.8 million in 2024, with personnel costs as a percentage of total revenue increasing to 60% in 2025 from 59% in 2024 [142]. - Non-cash stock-based compensation expense increased to $14.6 million in 2025 from $10.5 million in 2024, primarily related to the stock price award program and acquisition-related expenses [143]. - Selling, General and Administrative (SG&A) costs rose to $90.5 million in 2025, up from $78.5 million in 2024, with SG&A costs as a percentage of total revenue increasing to 30% in 2025 from 25% in 2024 [145]. - Non-cash stock-based compensation expense increased to $16.0 million in 2025 from $9.0 million in 2024, primarily due to the stock price award program [146]. - Amortization expense rose to $1.0 million in 2025 from $148 thousand in 2024, related to intangible assets from acquisitions [147]. - Restructuring costs of $3.1 million were incurred in Q3 2025 due to the pivot towards Gen AI, primarily for employee-related costs [148]. Profitability - Global S&BT segment profit decreased to $50.8 million in 2025 from $51.6 million in 2024, impacted by weakness in OneStream implementation offerings [150]. - Oracle Solutions segment profit decreased to $12.4 million in 2025 from $19.1 million in 2024, while SAP Solutions segment profit increased to $20.4 million from $18.7 million [151]. Cash Flow and Investments - Net cash provided by operating activities was $40.3 million in 2025, down from $47.7 million in 2024, due to increases in accounts receivable and contract assets [156]. - Net cash used in investing activities was $8.6 million in 2025, including $0.8 million for the acquisition of Spend Matters [157]. - Net cash used in financing activities was $29.8 million in 2025, primarily for employee tax withholding requirements and stock repurchases [158]. - Capital expenditures increased to $7.9 million in 2025 from $4.1 million in 2024, with expectations for further increases related to ZBrain AI development [161]. Company Initiatives - The company completed over 28,400 benchmarking and performance studies, utilizing its Quantum Leap platform to drive digital transformation [118]. - The company launched its AI assessment platform, AI XPLR, in early 2024 to help clients identify and design Gen AI enablement opportunities [116]. Debt and Financial Position - The company had $76.0 million in outstanding debt as of December 26, 2025, with a borrowing capacity of approximately $24.0 million remaining [159].

Core Insights - SourceDay has been recognized in The Hackett Group's 2025–2026 50 to Know list, highlighting its influence in the global procurement technology market [1] - The recognition emphasizes the importance of purchase order execution in driving operational reliability for manufacturers and distributors [1][2] Company Recognition - SourceDay's inclusion in the 50 to Know list is attributed to its specialization in purchase order lifecycle management and supplier collaboration, which enhances execution reliability [2] - This marks the sixth consecutive year SourceDay has been acknowledged in Spend Matters' recognition programs, reinforcing its mission to improve business predictability for manufacturers and distributors [2] Importance of Purchase Order Management - Effective purchase order lifecycle management is crucial for aligning supplier execution with ERP accuracy, impacting a company's ability to meet customer expectations [4] - The divergence between supplier realities and ERP data can lead to operational failures, such as late deliveries and increased inventory costs [3] Role of Data Quality in AI - Accurate ERP data is essential for the success of AI initiatives in procurement and supply chain, as unreliable data can lead to ineffective AI models [5] - Predictable execution enhances the credibility of AI initiatives, making disciplined purchase order management vital [5] Supplier Engagement - SourceDay operates a network of over 120,000 suppliers, which is designed to enhance engagement and improve execution reliability [6] - Increased supplier participation leads to better ERP data accuracy, reducing friction and improving confirmation rates [7] Operational Momentum - SourceDay has achieved a quarterly run rate exceeding $5 billion in purchase order volume, indicating strong adoption among manufacturers and distributors focused on execution control [10] - The recognition by The Hackett Group reinforces SourceDay's role as a critical control layer between ERP plans and supplier performance [10] Company Overview - SourceDay aims to protect revenue, margin, and cash flow by managing the purchase order lifecycle and aligning supplier expectations with reality [12] - As a leading purchase order management platform, SourceDay connects ERP systems to a vast supplier network, ensuring that purchase orders remain confirmed and controlled [12]

Core Insights - Exiger has been recognized in The Hackett Group's 2025-2026 "50 to Know" list, highlighting its position as a leading provider in the procurement technology market [1] - The recognition emphasizes Exiger's capabilities in risk analysis at various levels, including component, hardware, and software [1] - The procurement technology landscape is rapidly evolving, with AI-enabled capabilities becoming essential for organizations seeking measurable outcomes from technology investments [1] Company Overview - Exiger is a market-leading supply chain AI company that transforms supply chain management into a strategic advantage, driving savings and operational excellence [1] - The company serves over 550 global customers, including 150 Fortune 500 companies and more than 60 government and Defense Industrial Base organizations [1] - Exiger's platform, 1Exiger, provides instant visibility into supplier ecosystems and leverages proprietary data and advanced AI to surface risks and automate compliance [1] Industry Context - The Hackett Group evaluated approximately 220 procurement technology vendors globally for the 2025-2026 lists, using a rigorous, data-driven approach [1] - The evaluation criteria included technology capability, solution maturity, innovation, customer adoption, and overall market impact [1] - The recognition of Exiger reflects the increasing importance of procurement as an operational command center for enterprise resilience and competitiveness [1]

Core Insights - Sirion has been recognized by The Hackett Group as part of its 2025-2026 '50 to Know' list, highlighting its position as a leader in the procurement technology market [1][4] Group 1: Company Overview - Sirion is an AI-native contract lifecycle management platform that aids enterprises in storing, creating, and managing contracts with enhanced intelligence and control [5] - The platform supports over seven million contracts in more than 100 languages for many of the world's largest enterprises [5] Group 2: Industry Recognition - The Hackett Group's evaluation process for the '50 to Know' list involved assessing approximately 220 procurement technology vendors globally, focusing on criteria such as technology capability, solution maturity, and customer adoption [2] - The procurement technology landscape is rapidly evolving, with AI capabilities becoming integral across various platforms, emphasizing the need for providers to demonstrate practical, scalable results [3] Group 3: Strategic Insights - Sirion's Chief Marketing Officer highlighted the importance of evolving contracting processes from static workflows to AI-native systems that facilitate decision-ready engagement [4] - The Hackett Group noted that organizations often use these lists as a starting point for evaluating procurement technology investments, particularly as AI adoption accelerates in a crowded market [4]

Core Insights - LightSource has been recognized in The Hackett Group's 2026 "50 to Watch" list, highlighting its role in shaping the procurement technology market [1][5] - The company focuses on addressing the underserved area of Direct Materials procurement, which constitutes a significant portion of external spend [2][5] Company Overview - LightSource is an AI-native sourcing platform specifically designed for enterprise procurement, automating the entire sourcing process from supplier discovery to award [6] - The platform aims to enhance efficiency, sourcing outcomes, and collaboration through AI-powered insights, benefiting both buyers and suppliers [6] Evaluation Criteria - The Hackett Group's evaluation process for the "50 to Watch" list involved assessing approximately 220 procurement technology vendors based on technology capability, solution maturity, innovation, customer adoption, and overall market impact [3][4] - The assessment reflects a rapidly evolving landscape where AI-enabled capabilities are increasingly integrated across procurement platforms [4]