SAP Fieldglass Services Procurement
Organizations today frequently use outside resources to deliver services across a variety of labor categories. While it’s very common for companies to engage with third-party vendors to provide IT services, they’re also utilizing outside resources to provide financial services, engineering, marketing, advertising, print, construction, maintenance and management consulting, among other sectors.
These engagements are often managed independently of one another with many elements during the process - from requirements and budget, to supplier expectations and milestones - defined and executed on an ad-hoc basis. Additionally, with different managers, departments and geographies using inconsistent and disparate processes for management, companies are losing visibility into this growing segment of spend and headcount.
Using a Vendor Management System to Manage Projects and Services
The SAP Fieldglass Vendor Management System (VMS) manages projects and services by automating processes throughout the procurement lifecycle. SAP Fieldglass is used by large organizations around the world to simplify how external service providers are engaged, ensure compliance to safety and security policies, measure the quality of services being delivered, and realize cost savings that can range from 8-12% in the first year.
SAP Fieldglass can handle the management of a variety of Statement of Work (SOW) engagements including projects, offshore/offsite, independent contractors, managed programs, business services and BPOs. Learn more about SAP Fieldglass Services Procurement
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