Contingent Workforce Experience
Increased globalization, a more competitive marketplace and the need to fill specialized roles are just a few reasons that companies increasingly rely on external workers including contractors, temporary workers and service firms managed under Statements of Work (SOW), to create competitive advantage. however it has brought in new financial, legal, compliance and cost considerations related challenges that can turn into time consuming and expensive problems, particularly when it comes to employing a flexible workforce. VisionTree addresses this challenges through SAP Fieldglass service offering as under.
Statement of Work
Increased globalization and a tightening labor market making enterprises to rely on the external workforce to help drive business growth and success. VisionTree in joint partnership with SAP Fieldglass can streamline and accelerate critical processes associated with such contingent workforce by automates processes and eliminates tedious administrative tasks through the entire management lifecycle, from resource request to offboarding and evaluation.
VisionTree offers a robust and flexible solution can support any flexible workforce management program, including those managed in-house, through one or more trusted Managed Service Provider(s) (MSP), or with a Vendor on Premise (VOP), or any combination therein with enforceable and auditable rules and tracks Service Level Agreements (SLAs).
With a growing economy, the enterprise needs to bring on high-quality, flexible workers rapidly while also improving partnership with suppliers however it has its own financial, legal, compliance and cost-related challenges that can turn into time-consuming and expensive issues to resolve.
VisionTree in joint partnership with SAP Fieldglasses can offer a comprehensive solution that combines benefits of ERP, ATS and VMS under single offering with features such as requisitioning, sourcing and assignment changes, timesheet and invoicing for a contract worker to budgeting, financial approval workflow, spend tracking and accounting information being accessed from single entry point for all of your locations and business units to avoid any inaccurate or disjointed results.
Majority of the service procurement today is service categories driven Statement of Work ( SOW).
To manage service categories besides tracking the performance of individual worker and supplier meet up the service level expectation in line with corporate policies and government regulations; VisionTree in joint partnership with SAP Fieldglass can implement a solution which can simplify your processes and offer cost saving across the onsite or offsite project.
SAP Fieldglass solution tracks and manages every stage of external workforce management: hiring managers requesting talent, selecting a candidate for a position, onboarding, time-and-material tracking, payment processing and offboarding the worker and solution also integrate with series of third-party ERPs
The external workforce is contributing nearly 44%of the overall workforce spends as per the recent study, and their importance is growing to execute strategy for your customers successfully. Controlling the cost is no more principle driver with external workforce; however, workforce visibility for c-level executives becomes significant insight to drive daily operation agility.
VisionTree in joint partnership with SAP Fieldglass can offer worker profile management including workers that are not tied to a job posting or Statement of Work and as a result, a system becomes a single record of reference for all kind of external workforce across multiple service categories for quick utilization across multiple project needs.
Worker Pay Accuracy
Approvals on Predetermined Rates