Total Spend Management
Statement of Work (SOW) and outsourced non-employees
consume from 30% to 60% of all company spending.

It's time to gain greater visibility - from sourcing and requisition,
 all the way through invoice and payment.

One of the fastest growing categories of external workforce management is services procurement – including Statement of Work-based or project-based resources such as consultants, independent contractors and more. As these engagements increase each year, it is essential that businesses gain visibility and control of this critical segment and establish a total spend management strategy to drive business forward.

SAP Fieldglass enables organizations to oversee everything from the worker delivering the service to budgetary controls, deliverables tracking to revision management, to labor-related compliance and beyond. 

Integration between SAP Fieldglass and an organization’s spend management platform provides total spend visibility under a single, centralized capability. It helps customers manage goods and materials with the added benefit of actively managing all aspects of services procurement.

By leveraging a powerful, integrated platform, businesses can reduce costs, optimize process efficiency, improve compliance and better manage suppliers across the entire procurement lifecycle. 

A total spend management strategy allows organizations to:

•    Efficiently and effectively manage the full procure-to-pay lifecycle
•    Assess all service providers and measure the quality of the service delivered
•    Manage the entire procurement process seamlessly to increase end user adoption

With crucial and actionable insight into their total spend, companies are able to optimize their buying power and drive significant business impact.

SAP Fieldglass Services Procurement

SAP Fieldglass Services Procurement handles the management of a variety of Statement of Work (SOW) engagements including projects, offshore/offsite, independent contractors, managed programs, business services and BPOs.

 
 
 
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Resources

New Workforce Trends Study

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Companies can no longer afford to manage their external workforce and employees in silos. This new trend study looks at more than 100 companies in the DACH region and how they address total workforce management. 

SOW Engagement Patterns

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Centralizing SOW management may appear challenging, but a systematic approach to understanding how your organization currently uses them can help. Download this whitepaper to get tips for more easily managing services.

Total Workforce Management

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The world of work is changing. By 2020, 45-50% of the world’s total workforce will be classified as external. It’s time to end the siloed approach to managing talent and embrace true collaboration between HR and Procurement.