managing the flexible workforce of the future [amsterdam]
DESCRIPTION
As business continues to move at light speed, companies are deploying flexible workforces that can be quickly engaged and on - boarded to keep pace. Behind the scenes, they need total visibility in order to optimize all areas of services procurement including complex spend, worker quality, corporate and external compliance and contingent workforce program efficiencies. And they need a new breed of technology to achieve this. Companies today need a Vendor Management System (VMS) that can easily integrate with other internal systems to enable a holistic view of both talent and spend. Managing the Flexible Workforce of the Future - Fieldglass Jim Brozny, Director of Account Services & Application Support, Fieldglass Ariba Commerce Summit, Amsterdam 2014TRANSCRIPT
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 1 Public
Managing the Flexible Workforce of the Future
- Jim Brozny, Director of Account Services & Application Support, Fieldglass
2
Fundamental Shift in Composition of Workforce
30-50% of total workforce is
comprised of non-employees
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Temporary/Agency
Workers
SOW
Consultants
Independent
Contractors
3
External Workers Are Known By Many Names
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
CONTINGENT
INDEPENDENT CONTRACTOR
OUTSOURCED
EXTERNAL
NON-FULL TIME OFFSHORE
FLEXIBLE
4
External Workers Can Have Many Different Roles
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
JAVA PROGRAMMER
WEB DEVELOPER
ELECTRICAL TECHNICIAN
COPYWRITER ACCOUNTANT
ADMINISTRATIVE ASSISTANT
BUDGET ANALYST
PHARMACIST
DATABASE ADMINISTRATOR IT PROJECT MANAGER
CIVIL ENGINEER
REGISTERED NURSE
5
Flexible Workforce as a Strategic Initiative
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Global Firms in 2020: The next decade
of change for organisations and workers
Take on more contingent workers. The proportion
of contingent to permanent workers will shift in
favour of the former.
Dispelling a myth that all temps are in low-
paid roles
Last year saw the number of people in permanent
jobs stay roughly static and the number of people in
temporary work rise month on month.
The surge in temp hiring is not a sign of a
malfunctioning economy. It is the face of the future.
6
What’s the Problem?
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
NO VISIBILITY
QUALITY ISSUES
HIGH RATES
HIGH COSTS
INEFFICIENCIES
COMPLIANCE
ISSUES
7
How the Problem is Simplified and Solved
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
2-click request ––
Benchmarking ––
Mobile
Bidding ––
Approval ––
Reporting & analytics
On/offboarding ––
T&E capture ––
Auto-invoicing
8
Largest customer base
- 250+ companies, Over $27B in global spend, largest data set for benchmarking
Global
- 30% of deployments outside U.S., deployed in 100+ countries, 16 languages
Culture of partnerships
- 15 years, #1 in customer satisfaction in in 2012, 2011, 2010 (Staffing Industry
Analysts survey)
Industry leader
- Leading vendor for contingent and SOW/project capabilities (Forrester Wave
2014 report)
Fieldglass Overview
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
9
Basic Process Flow – Contingent
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Pla
n
Procure Engage Pay
Me
asu
re
Hiring Mgr
Approver
Suppliers
Worker
Interview Candidates
Shortlist Candidates
Submit Candidates
Create Work Order
Accept Work Order
Approve Time &
Expense
Submit Time &
Expense
Export Invoices to
A/P
Invoice Time &
Expense
Coordinator/ Program Office
Manage On-Boarding
Create Job Posting
Approve Job Posting
Distribute Job Posting
10
Process Overview: Services Procurement
Collaborate
Mark Work as
Complete
Approve Completed Transactions
Submit Invoice
(optional) Submit
Time Sheet
Worker
Contract Mgr
Suppliers
Role
Collaborate Collaborate
Create SOW
Approve SOW
Accept SOW
Statement of Work (SOW)
Review/ Approve Invoice Program Office
11 © 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
with TARP process & the Fieldglass
platform is fully certified as secure
& compliant
in cost savings, attributable to
visibility, competitive bidding &
rate card creation
$100M+ FULL
COMPLIANCE
provided by integration with
ecommerce transaction system
SINGLE SOURCE OF ENTRY
of the company’s workers and a
consolidated view of the entire
population for upper management
CONTROLLED MANAGEMENT
gain visibility and governance
improvements
I.T. OFFSHORE INITIATIVES
in various markets by monitoring
key metrics throughout workflows
ASSESS TURNOVER & TRENDS
CUSTOMER SUCCESSES A company in the
FINANCIAL
SERVICES sector
12
Opportunity Analysis for a Generic Scenario
The SOW Opportunity
Sourcing Contract Decision Support
Engagement Delivery Invoicing & Payment
Opportunity
Focus
• Traditional focus has been on eSourcing, Contract Mgmt & eInvoicing
• New opportunities • Improve visibility into post-contract process
• Provide procurement guidance upfront
© 2014 Fieldglass, Inc. All rights reserved.
Proprietary and Confidential.
13
Examples of operational challenges
- ‘PO shifting’
- ‘Timeless’ T&M
- Invoice-deliverable time gap
- Weak contract-consultant link
- Suppliers are the ‘source of truth’
Some Challenges of SOW Management
© 2014 Fieldglass, Inc. All rights reserved.
Proprietary and Confidential.
14
Recognizing Common Engagement Patterns is Key
Common patterns are emerging in the market
Project-based Services
- Characterized by well-defined
projects or functional areas
Outsourced/Offshore
- Any combination of off-site, near-
shore, or off-shore services
Business Consulting
- High-value consulting; engaged
typically at corporate level
BPO
- Complete outsourcing of a
category from planning to
delivery
Re-billable Services
- Engaging vendors to deliver
services to end-clients
Independents
- Engaging independent
consultants or a community of
smaller suppliers
© 2014 Fieldglass, Inc. All rights reserved.
Proprietary and Confidential.
15 © 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
CUSTOMER SUCCESSES
in cost savings, due to
competitively bidding SOWs and
identifying commoditized SOWs
$33M+ achieved by tracking SOW
revisions, enforcing approvals
and limits, and avoidance
savings
SOFT SAVINGS
of Fieldglass data to Cisco’s
business intelligence tool for
reporting
SECURE TRANSFER
Rate reporting for all
managers to better manage
costs
REPORTING
16 © 2014 Fieldglass, Inc. All rights reserved.
Proprietary and Confidential.
17 © 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
18 © 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
19 © 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
20
Fieldglass Complements SAP’s Cloud and On-
Premise Solutions
CL
OU
D
ON
-PR
EM
HCM PROCUREMENT
SuccessFactors Ariba P2P,
Business Networks
SAP HCM
Ariba Buyer, ECC,
SRM, MM,
Plant Maintenance,
Asset Management
21
V I S I B I L I T Y E F F I C I E N C Y Q U A L I T Y
C O S T C O M P L I A N C E
Fieldglass Benefits
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
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Thank you!