{"id":11684,"date":"2025-07-14T11:42:26","date_gmt":"2025-07-14T11:42:26","guid":{"rendered":"https:\/\/icv-controlling.com\/blog\/reimagine-finance-performance-with-gen-ai-new-study-by-the-hackett-group\/"},"modified":"2025-07-23T13:25:50","modified_gmt":"2025-07-23T13:25:50","slug":"reimagine-finance-performance-with-gen-ai-new-study-by-the-hackett-group","status":"publish","type":"blog","link":"https:\/\/icv-controlling.com\/en\/blog\/reimagine-finance-performance-with-gen-ai-new-study-by-the-hackett-group\/","title":{"rendered":"“Reimagine Finance Performance With Gen AI” – new study by The Hackett Group"},"content":{"rendered":"
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“Reimagine Finance Performance With Gen AI” – new study by The Hackett Group<\/h2> <\/div>\n <\/div>\n
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The global consulting firm The Hackett Group recently published the study “Reimagine Finance Performance With Gen AI<\/a>” and shows how top finance organizations are using generative artificial intelligence (GenAI) to improve business performance.<\/p>\n

The Hackett Group\u00ae<\/sup>, defines Digital World Class\u00ae<\/sup> (DWC) for finance organizations as follows: DWC companies are in the TOP quartile globally for business value<\/em> and operational excellence<\/em>. DWC finance teams work with 45 percent lower process costs, deliver better strategic analyses 74 percent faster and generate 57 percent faster and more valid forecasts than the peer group. At the same time, they invest far less time in data collection and evaluation. <\/p>\n

Georg Bach, Hackett Managing Director Central Europe at The Hackett Group, sees “(Gen)AI as a groundbreaking possibility and opportunity to decisively optimize and realign work processes, which is crucial for increasing the competitiveness of companies in the short to medium term in view of the current dramatic economic and geopolitical upheavals”.<\/span><\/p>\n

The study, which is based on around three hundred company surveys and comprehensive international benchmarks (around a third of which are European and German companies), identifies<\/p>\n

six steps that are essential for the effective implementation of (Gen)AI strategies:<\/p>\n