The Hackett Group, Inc. (NASDAQ: HCKT) is collaborating with Oracle to offer a new Hackett Pay^™ managed services solution for Oracle Payroll. Hackett Pay^™ is designed to provide companies with comprehensive support for their payroll operations, including full business process outsourcing, staff support, and access to The Hackett Group’s best practices for payroll optimization and more.

Hackett Pay^™ will cover all aspects of payroll operations support, including wage payments, employee tax, wage garnishments, W-2 management, employee verification, tax credits and unemployment claims. It will be the first offering recommended by Oracle for payroll-managed services in this market.

“Most growth and hypergrowth companies simply don’t have the resources or manpower to optimize and manage their payroll operations. They struggle with issues like legal compliance and processing accuracy, and it can have a negative impact on their employee experience,” said Jason Balogh, executive vice president, The Hackett Group. “As a comprehensive end-to-end payroll outsourcing, support, and services offering, Hackett Pay^™ handles everything from time files to tax compliance, ensuring accuracy and efficiency at every step. The user-friendly service will enable companies to streamline payroll, automate tedious tasks and gain valuable insights. Companies can save time, reduce errors and be empowered to focus on what matters most – growing a successful business.”

According to The Hackett Group’s benchmarks, Digital World Class^® companies see payroll administration costs nearly 88% lower than their peers and generate 67% fewer payroll errors. Digital World Class^® companies also allocate 30.82% more than their peers to outsourcing services, and they deliver improved process efficiency and effectiveness in part via combined payroll and human resources analytics.

“We’re proud to offer Hackett Pay^™ to our customers, allowing them to quickly and easily implement our Oracle Payroll solution,” said Nancy Estell Zoder, vice president, Global HCM Product Strategy, Oracle. “The Hackett Group has proven expertise in Oracle implementations, helping companies improve operational excellence, derive greater business value and enhance the customer experience.”

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