spend is on
- Temporary labor
- Independent contractors
- Consulting firms
- IT outsourcers
- Marketing agencies
- Law and accounting firms
- Facilities management companies
- Operations and maintenance firms
- R&D companies
These powerhouse nonemployees operate at the center of your business, unlocking speed and flexibility to propel your business forward
executives who say the external workforce is “important”
or “extremely important” in meeting business goals
But external workforces – and the spend they represent – are often siloed and routinely undermanaged
contracts and POs often don’t help businesses:
of work against project plans
invoices, or unauthorized spend
have technology for
When you proactively manage your external workers, you mitigate risks and maximize value for your business
Percentage of executives who experience the following issues
“sometimes, frequently, or in nearly every engagement” with their:
Is your procurement organization holistically and proactively managing its extended workforce?
Here’s a simple test: Can you easily answer the following basic questions?
WHO are your
contingent workers or
WHAT IT systems,
facilities, and data
can they access?
WHAT do they do
for your organization?
WHAT is the
of their work?
are you spending
they with regulatory
and corporate policies?
If not, it’s
time to modernize how you manage your external workforce. Because
the fact is, you can’t manage what you can’t see – or achieve important goals
such as maximizing return on spend or mitigating external worker risks.
Here’s what effective management looks like
With the right vendor management solution, you can
actively and holistically
external workforce to get every bit of value from this powerhouse resource – all while reducing
risk. For example, customers using SAP Fieldglass solutions report improvements such as:2
Overall savings through dynamic
Savings on overall project
Savings through effective compliance
Improvement in worker quality
Process efficiency improvements
for reduced cycle times
Reduction in invoice errors