WHY IS SOW MANAGEMENT
SO IMPORTANT NOW?
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.
"As needs shift from permanent staff and job
descriptions to flexible, service-based, output-
based work, the job for life is dead. You don't
hire for people anymore. You hire for services
and outcomes, and a Statement of Work
enables that flexibility and that agility"
Kayleigh Kuptz, Co-founder and COO at
Deployed in Statement of Work Explained,
The Transform Talent Podcast
TAPFIN just launched a new three-part
series on The What, The How and The
Why of SoW. Meet Elke De Loecker,
Talent Solutions' EMEA Head of Business
Development, and Sana Ali, TAPFIN's SoW
SME, as they explore what SoW is and
why it is so important in the post-Covid
economy.
Part 1
What is SoW and why is it
so important?
The transform talent
podcast
SoW is a key part of any contingent workforce management
strategy and organizations and teams that don't have the framework
in place to acquire and manage SoW based labor, quickly and
compliantly, meeting all the legislative changes, are missing out
on cost saving opportunities and exposing themselves to shifting
legislative landscapes.
INTERACTIVE LINKS
1 2
THE TRANSFORM TALENT PODCAST
WHAT IS SOW
INTERESTED IN LEARNING MORE ABOUT TAPFIN'S SOW MANAGEMENT? | SOW@TAPFIN.com 2
