FACT: Within the VMS industry, SOW spend has grown 74% since 2012 driving savings potential of 10 to 20 times higher than staff augmentation.i
The importance of the non-employee workforce continues to grow. In fact, Ardent Partners found that 62% of organizations cite contingent labor as a vital component in achieving their primary goals and objectives for 2015. However, sourcing and managing this workforce is not without challenges, specifically around budget control and compliance.
Simplify the complicated and manage and track your organization’s contingent spend associated with fixed price / fixed deliverable, milestone, and time and material contracts with Statement of Work programs. SOW management allows for true project visibility and control, more effective negotiations and intelligence with key suppliers and superior business intelligence to drive strategy.
Uncover the benefits that drive cost savings and workforce visibility. Download this eBook now.
i Staffing Industry Analysts, 2014 VMS and MSP Landscape