August 26, 2010
Answerthink Joins SAP Business All-in-One Fast-Start Program
- Enables Midsize Life Sciences Companies To Achieve Faster Implementations and ROI
MIAMI, August 26, 2010 - Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) and a premier developer, provider and supporter of SAP® solutions, today announced that it has joined the SAP Business All-in-One fast-start program. The program provides midsize companies with tools and methodologies to improve software acquisition and shorten implementation times. Companies get an SAP Business All-in-One solution pre-configured with the industry-specific processes needed to define and shape their core business functions and processes. The solutions from Answerthink are specifically tailored for the life sciences industry.
The SAP Business All-in-One solution is an ideal software solution for midsize companies that require a comprehensive, integrated and configurable on-premise business solution with deep industry capabilities built in. Based on the state-of-the-art SAP ERP application, SAP Business All-in-One scales to customers' changing business needs. Through Answerthink's participation in the fast-start program, growing pharmaceutical companies can now reap the benefits of Answerthink's EzLifeScience™ solutions, which are qualified SAP Business All-in-One partner solutions, in a pre-packaged fixed scope fashion.
Answerthink's EzLifeSciences solutions family is designed specifically to help life sciences companies achieve goals such as streamlining integrated business applications, developing new products, automating medical device manufacture reporting, and meeting regulatory compliance requirements.
"The SAP fast-start program allows midsize companies to configure their solutions online and receive an immediate cost estimate before starting," said Art Colombo, vice president of Answerthink. "Further, this fixed scope solution provides the basis for an affordable long-term investment for these businesses and provides them the agility for growth with the comfort of a solid ERP foundation."
SAP Business All-in-One partner solutions are qualified by SAP and developed, sold and supported by channel partners as a defined-scope SAP implementation with consulting services. These solutions are preconfigured, industry-specific versions of the SAP ERP application combined with SAP Best Practices offerings, enabling streamlined operations, lower costs and a proven path to growth. Qualified SAP Business All-in-One partner solutions, such as EzLifeSciences solutions, offer the flexibility to accommodate the unique business needs of midsize customers. These companies greatly benefit from the industry best practices and business-specific solution expertise that SAP and partners like Answerthink provide.
The fast-start program pre-packaged offering adds to a family of solutions and service offerings provided by Answerthink for industries including life sciences, consumer products, wholesale distribution, service providers and industrial machinery and components. In addition to support of SAP software, Answerthink offers a broad array of implementation services designed to enable clients to achieve world-class business performance and maximize the return on technology investments.
About Answerthink
Answerthink (www.answerthink.com) is an SAP gold channel partner that develops and offers qualified SAP Business All-in-One partner solutions - industry-specific software, implementation and training packaged solutions. By leveraging the best practices database of The Hackett Group, Answerthink helps clients improve performance and maximize returns on investments in SAP software. Answerthink is a division of The Hackett Group (www.thehackettgroup.com).
About The Hackett Group, Inc.
The Hackett Group (NASDAQ: HCKT), a global strategic advisory and operations improvement consulting firm, is a leader in best practice advisory, benchmarking, and transformation consulting services including strategy and operations, working capital management, and globalization advice.
Utilizing best practices and implementation insights from more than 5,000 benchmarking engagements, executives use The Hackett Group's empirically-based approach to quickly define and implement initiatives to enable world-class performance. Through its REL group, The Hackett Group offers working capital solutions focused on delivering significant cash flow improvements. Through its Archstone Consulting group, The Hackett Group offers Strategy & Operations consulting services in the Consumer and Industrial Products, Pharmaceutical, Manufacturing and Financial Services industry sectors. Through its Hackett Technology Solutions group, The Hackett Group offers business application consulting services that help maximize returns on IT investments. The Hackett Group has completed over 5,000 benchmark studies with 2,700 major corporations and government agencies, including 97% of the Dow Jones Industrials, 73% of the Fortune 100, 73% of the DAX 30 and 50% of the FTSE 100.
More information on The Hackett Group is available: by phone at (770) 225-7300; by e-mail at info@thehackettgroup.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 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 impact such forward-looking statements include, among others, the ability of our products, services, or practices mentioned in this release to deliver the desired effect, our ability to effectively integrate acquisitions into our operations, our ability to retain existing business, our ability to attract additional business, our ability to effectively market and sell our product offerings and other services, the timing of projects and the potential for contract cancellations by our customers, changes in expectations regarding the information technology industry, our ability to attract and retain skilled employees, possible changes in collections of accounts receivable, risks of competition, price and margin trends, foreign currency fluctuations, changes in general economic conditions and interest rates as well as other risks detailed in our Company's Annual Report on Form 10-K for the most recent fiscal year filed with the Securities and Exchange Commission. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
