fieldglass – resource procurement for ec&o

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Dubai Marina Hotel Thursday, May 28, 15 Fieldglass Presentation to Executive Construction Round Table

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Page 1: Fieldglass – Resource Procurement for EC&O

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Dubai Marina Hotel Thursday, May 28, 15

Fieldglass Presentation to Executive Construction Round Table

Page 2: Fieldglass – Resource Procurement for EC&O

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-  Across the globe, companies increasing rely on non-employees

-  Contingent workers are the fastest-growing segment of America’s job market. 1

-  30-50% of workers delivering services to a Global 2000 company are non-employees2

-  Growth across industry verticals & worldwide

Use of contingent workers continues to grow

1.  Harvard Business Review, July 2013 2.  Sources: Staffing Industry Analysts, 2013 survey. Fieldglass market information.

Sept 2010

© 2014 Fieldglass, Inc. All rights reserved.

Page 3: Fieldglass – Resource Procurement for EC&O

3 © 2014 Fieldglass, Inc. All rights reserved.

Fundamental Shift in Composition of the Workforce

Full-time Employees Contingent Workers

30-50% of total workforce is comprised of non-employees

SOW or Project-based Consultants

Independent Contractors

/ Freelancers

Temporary/Agency Workers Who  is  working  for  you?    

Where  are  they  located?    What  are  they  doing?    Are  you  in  compliance  of  tax  and  employment  law?    ….And  how  much  are  they  cos<ng  you?

Page 4: Fieldglass – Resource Procurement for EC&O

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What’s the Problem?

© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

NO VISIBILITY

QUALITY ISSUES

HIGH RATES

HIGH COSTS

INEFFICIENCIES

COMPLIANCE ISSUES

Page 5: Fieldglass – Resource Procurement for EC&O

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All-in-one Vendor Management System

© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

Visibility, Compliance, Security, Control and Cost Savings

Page 6: Fieldglass – Resource Procurement for EC&O

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Fieldglass is market Leading VMS

© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

Industry Leader

Leading vendor for contingent and SOW/project capabilities according to Forrester Wave 2014 report

Culture of Partnership

15+ years experience #1 in customer satisfaction for three consecutive years (SIA)

Global

Deployed in 100+ countries and 18 languages MENA region clients use Fieldglass

Largest Customer Base 370+ companies $35B in global spend Largest data set for benchmarking

Page 7: Fieldglass – Resource Procurement for EC&O

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Serving Customers Across Industry Verticals

© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

Consumer & Retail Energy/Power/Resources Financial Services Healthcare/Pharma

Business Services Technology & Telecom Manufacturing Others

Page 8: Fieldglass – Resource Procurement for EC&O

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Benefits for our customers Cost Compliance Efficiency Quality

$33M savings realized for

SOW projects

75% reduction in cycle

time for labor requests

SIGNIFICANT REDUCTION

In external workforce safety

incidents

Contractor conversion is the

2nd largest source of full-time hires

Visibility & Intelligence

Page 9: Fieldglass – Resource Procurement for EC&O

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Benefits for our customers Cost Compliance Efficiency Quality

Visibility & Intelligence

© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

Up to 9% Improvement on Supplier

Margins

€380,000 Savings from consolidating paper invoices into electronic

submittals

German clients utilise

functionality to support

Collective Bargaining

Agreements

200 Non-registered Suppliers

brought under management

Page 10: Fieldglass – Resource Procurement for EC&O

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Example Benefits – Services vertical Cost Compliance Efficiency Quality

Gain Share Model

Above 10% rate saving, Client/MSP

75/25 split.

82% Direct Hire Sourcing Route

Eliminated 20+ phone calls / emails in the request and

worker on-boarding process (per candidate).

Reduced Time to Review & Select Candidates by

50%.

Reduced Time to Provision a Worker

by 15 Days.

Visibility & Intelligence

© 2015 Fieldglass, Inc. All rights reserved.

Increased worker quality & retention through detailed sourcing & screening process

Page 11: Fieldglass – Resource Procurement for EC&O

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Fieldglass Technology Differentiators

© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

T R A D I T I O N A L V M S C A PA B I L I T I E S

D I F F E R E N T I AT O R S

Requisition Candidate Selection

Work Order Timesheets Statement of Work

Invoicing Reporting

Supply Base Management

Talent Pools/ Bench Mgmt.

Worker Profile Tracking

Global Pay Rules Visualizer & PMM

Page 12: Fieldglass – Resource Procurement for EC&O

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Command Center

Reporting support

Configuration support

Upgrade support

Data loads

Bulk changes

Fieldglass Support

© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.

ADAPT & IMPROVE

Supplier performance mgmt.

Worker management

Spend & rate management

On/off-boarding

Reporting & invoicing

End user support

Application administration

Quality, policy & risk mgmt.

Transaction monitoring

Operational

On-site training

Admin support

Change management

Market intelligence

Product release education

Continuous improvement

Business reviews

Ongoing Support

Program Evolution

PMO Functions Account Services Support Fieldglass Functions

Page 13: Fieldglass – Resource Procurement for EC&O

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END OF SLIDES!!