Download this report and receive the direction needed to help you form a business case to support your project-based managed spend initiative.
Fieldglass, Inc. provides the leading SaaS platform to procure and manage contingent workers, services such as statement of work projects, independent contractors, and specialized talent pools. The highly-configurable product suite provides transparency into the entire workforce and helps companies optimize program performance and make more strategic labor decisions. Backed by proven experience and the industry's largest customer base, Fieldglass helps Global 2000 firms realize greater efficiencies, control spend, improve quality and enforce compliance.
Spend Matters recently interviewed an organization that knew they spent eight or nine figures, depending on the year, with two major global systems implementation and strategic advisory firms. But while they had the dollar amount at the tip of their BI (business intelligence), they had no understanding of what they were spending the money on, whether or not the authorized projects had been competitively sourced, who was spending the dollars in question, how many engagements had been authorized, how many consultants were onsite (or had visited different facilities or had touched sensitive information), which projects were ongoing and how the vendor had performed against specified service levels. Although this example represents an extreme case of opaqueness when engaging consultancies, it’s not uncommon.