DRIVE VALUE, CUT COSTS AND SHIFT RISK BY PAYING FOR A TANGIBLE OUTCOME
Statement of Work (SoW) is one of the largest categories of spend for an organization and has increased 21%
year-over-year mainly due to the rise of the gig workforce and hybrid working.
As technology has untethered talent from location and workers desire flexible working arrangements, organizations
are moving to outcome-based solutions to shift risk, maintain quality and control costs.
By paying for an outcome, and not a person, organizations can scale up and down quickly, accessing the skills
they need without worrying about employee misclassification and compliance.
GAIN VISIBILITY
Into your
entire contingent
workforce population
and SoW projects
to improve supplier
relationships and
overall spend.
DRIVE VALUE
Measure and
evaluate supplier
performance to
drive quality through
advanced analytics.
SHIFT RISK
Gain insight into
selecting the optimum
buying channel,
enforce compliance
with employment
laws, avoid employee
misclassification.
CUT COSTS
Align to market rate
cards, eliminate
off-contract spend,
introduce scope
controls to reduce
overruns, ensure
deliverables are
being met.
IMPROVE
EFFICIENCY
Integrate technology
to automate workflows
and establish a
framework to measure
supplier efficiency.
SOW: AMPLIFY
WORKFORCE
VISIBILITY
INTERESTED IN LEARNING MORE ABOUT TAPFIN'S SOW MANAGEMENT?
SOW@TAPFIN.com
