The Hackett Group Honored with OneStream Software’s Finance Transformation Award

The Hackett Group Receives Finance Transformation Award for Exceptional Work with Pella

MIAMI, May 23, 2024– The Hackett Group, Inc. (NASDAQ: HCKT), a leading IP-based Gen AI strategic consulting firm, has been honored with OneStream Software’s prestigious Finance Transformation Award at this year’s OneStream Splash event in Las Vegas, NV. The award recognizes The Hackett Group’s outstanding work in transforming the financial operations at Pella, a prominent manufacturer of windows and doors in North America.

The collaboration between The Hackett Group, OneStream Software, and Pella showcased innovation and expertise in fully leveraging the OneStream platform for remarkable results. By integrating and unifying Pella’s financial operations into a single, cohesive platform, The Hackett Group was able to streamline budgeting, profitability, forecasting, tax reporting, and lease accounting processes. This transformation significantly improved Pella’s financial planning and reporting capabilities.

The implementation of this transformative solution resulted in reduced consolidation times to mere minutes, enhancing decision-making speed. Additionally, allocation execution times were reduced to just five minutes per iteration, greatly improving operational efficiency. The reporting and analysis tools provided strategic insights that enabled stakeholders to make better-informed decisions. The comprehensive profitability management solution allowed for detailed income statements segmented by product, channel, plant, and brand, empowering Pella to adapt quickly to market dynamics and optimize strategic planning.

“We are deeply honored to receive the Finance Transformation Award from OneStream Software,” said Paulo Dominguez, Global Managing Director for AI and OneStream Enablement of The Hackett Group. “This recognition is a testament to the unwavering commitment and expertise of our team, who leverage the innovative capabilities of the OneStream platform to transform our clients’ financial operations.”

Trey Robbins, Principal for AI and US OneStream practice leader for The Hackett Group, added, “Receiving this award reinforces our strategic focus on delivering immediate and lasting improvements to financial systems. We are dedicated to helping our clients thrive by delivering transformative financial solutions that leverage OneStream’s platform and our team’s expertise.”

Stephanie Cramp, Senior Vice President, Global Alliances at OneStream, expressed excitement about The Hackett Group’s win, stating, “We are thrilled to announce The Hackett Group as a 2024 Finance Transformation Award winner. This award recognizes the end-to-end impact and transformation The Hackett Group delivered to our customer’s financial operations.”

The Hackett Group’s recognition for their exceptional work with Pella highlights their commitment to excellence in financial transformation. This award serves as a testament to their dedication to pushing the boundaries of what’s possible in finance and delivering tangible results for their clients.

For more information on The Hackett Group, visit: https://www.thehackettgroup.com/ or contact [email protected].