Companies are racing to become more competitive in every aspect of their business, especially with the imperative to become a digital business. Nowhere is this truer than in workforce engagement and spend management.
Today, various market reports show that between 30%-50% of the total work done for Fortune Global 2000 organizations is delivered by external service providers and non-employee talent, and that’s expected to increase. A trend that is dramatically changing how work gets done. These changes to enterprise dynamics put different demands on the business and create new opportunities.
It’s time for CPOs and other procurement leaders to pursue new spend management strategies to source and manage service providers and external talent in the new world of work.
Equally important for CHROs and HR leaders, is the ability to see and engage your total workforce in order to strategically plan and drive your company’s business imperatives.
Our vision at SAP Fieldglass is to provide innovations to help organizations navigate this new world of work. We are honored to serve 600+ customers, managing $35 billion in spend with global leaders including Chevron, Siemens and Royal Bank of Scotland, helping them engage external talent and manage spend. I invite you to join in on the conversation.