Businesses that can efficiently find, engage, source, and manage today's talent will
be rewarded with greater visibility and quicker decision-making.
Organizations today rely on many sources of talent beyond their full-time employees – from contingent workers to Statement of Work-based consultants, freelancers to contractors, and beyond. It is expected that these workers will account for nearly half of the average company’s workforce by the end of the decade.
As a result, businesses can no longer afford to manage their employees and external workers in silos. A total workforce management strategy allows companies to have a better understanding of how work gets done across their business so that they can align present and future needs with the right resources, and ultimately achieve better results.
SAP Fieldglass’ open platform can integrate with any Human Capital Management (HCM) system to enable total workforce management. This allows organizations to realize key benefits including:
• Crucial and actionable insight into the total workforce
• Visibility that helps control spend, mitigate risk and improve workforce quality
• Maximized engagement, collaboration and productivity across all talent by applying HR practices and select talent processes to the external workforce
SAP Fieldglass possesses global reach and local expertise that ensures customers can successfully manage their workforces, no matter where they do business. We aim to help customers unlock their full potential and accelerate the path to holistic workforce management.
SAP Fieldglass External Talent Management
SAP Fieldglass’ external talent management module automates the entire process of procuring and managing flexible labor, from requisition all the way through invoice and payment.
As of 2015, nearly 90 percent of U.S. business relied on gig workers as part of their workforce.
The Evolving Role of SOW Management in Today's Contingent Workforce
Ardent Partners' research has found that "complex contingent labor," a term used to describe Statement of Work (SOW)-based services and labor, comprises 42% of the average enterprise's total external workforce, a factor which reinforces the need for more rigorous control around this category of spend.
Total Talent Management and the Contingent Workforce Paradox
Read this report by Spend Matters that examines the similarities and differences between managing the permanent and contemporary workforce.
Total Workforce Management 4.0: Competitive Advantages through Better Control of Internal and External Employees in the DACH Region
A new trend study from German analysts Lünendonk & Hossenfelder GmbH in collaboration with SAP Fieldglass looks at more than 100 companies in the DACH region and how they address total workforce management.