Recently, SAP Fieldglass Contingent Workforce Management and SAP Fieldglass Services Procurement applications were leveraged by Capgemini to manage its skilled contingent workforce. These projections bode well for SAP’s Fieldglass applications’ solutions. The services procurement market, globally, is driven by increasing availability of freelancers as well as the need for cost-effective spend management pertaining to contractual labor.
Per a ResearchAndMarkets report, the worldwide services procurement market is expected to see a CAGR of 10.4% between 20, reaching a value of $1.5 billion. The solution will also help keeping tabs on review hours with integrated time tracking system and manage daily time and service entry sheet that can be unified with the company’s Enterprise Resource Planning (ERP) tool.
The solution will help enterprises to easily recruit large flexible labor for various projects and onboard them through automated processes. SAP Fieldglass Assignment Management offering allows organizations to streamline external work administration as a part of its supplier agreements.
The company’s Fieldglass portfolio of solutions includes SAP Fieldglass Contingent Workforce Management, SAP Fieldglass Assignment Management, SAP Fieldglass Services Procurement services and Worker Profile Management solutions. These applications are aimed at aiding business enterprises with efficient management of their external workforce. SAP Fieldglass applications refer to the company’s open vendor management system based on cloud. Opportunities in the Services Procurement Market Bode Well These industries require higher number of contract workers (who are also assigned to multiple projects at the same time) to perform unplanned maintenance as well as project work. SAP Fieldglass Assignment Management solution is well-suited to asset-intensive industries like utilities, oil and gas, chemicals and mining. SAP SE price-consensus-chart | SAP SE Quote
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