SAP Fieldglass announced Thursday the launch of a data analytics solution called Live Insights. The company reports that the solution “uses machine learning to simulate external talent scenarios in moments” (real time). At this point in time, Spend Matters has not yet been briefed on Live Insights nor seen a demo (something which will likely follow in the future).
The Services Procurement & Contingent Labor Management Category
In a recent post, Spend Matters’ Andrew Karpie explored the role of digital platforms in sourcing and engaging highly skilled (and often scarce) business talent. In his article on the topic, Karpie explained that many procurement and HR professionals have not yet come into contact with such technologies in the workplace, despite their growing ubiquity in the global economy.
Late last year, at an industry event, I learned that Hired, which I knew previously as a permanent-hire talent marketplace, was now serving the contingent workforce segment. Given that news, I thought it was time to take a closer look. Accordingly, I arranged to meet some of the Hired team at their San Francisco office to get a better understanding of the company. My visit confirmed that Hired is a superlative example of what I would call a next-generation, platform-based staffing supplier, an important emerging category for HR — and now contingent workforce —practitioners to learn about. What follows is a brief introduction to Hired, which Spend Matters will no doubt be covering more often in the future.
Join Andrew Karpie, research director of services and labor procurement at Spend Matters, and Stuart Kliman of Vantage Partners tomorrow for an in-depth look at how organizations like yours are preparing to adopt flexible workforces to succeed in today's evolving work climate. Enabling the Future of Work: What Organizations Will Look Like and How to Drive the Necessary Change will take place at 1 p.m. CDT.!
ZeroChaos is a provider of global, vendor-neutral contingent workforce management services/solutions. Going beyond traditional MSP, VMS, payrolling and agent of record categories, ZeroChaos provides clients with a range of services, which can be assembled into a client-specific solution supported by the company’s own technology platform and analytics. As such, ZeroChaos represents a quintessential integrated solutions provider in a converging procurement world, in which services providers are codifying IP and extending their reach and capability through applications while software providers are embedding additional content and intellectual property in their applications.
Having started over a decade ago in the contractor employer of record and agent of record space and later distinguishing itself as a disruptor in the staffing supply chain, ZeroChaos competes today in a field of evolving solutions providers offering outsourced contingent workforce management solutions to enterprises.
This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help buying organizations make informed decisions about whether they need a solution like ZeroChaos as an alternative for or complement to their organizations’ incumbent solutions for organizing/managing and assigning work to their own “affiliated” workers or to help control and drive savings across broader services procurement categories. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider ZeroChaos. The rest of this multipart research brief covers product strengths and weaknesses, competitor and SWOT analysis, user selection guides, and insider evaluation and selection considerations.
When it comes to managing your contingent workforce, many practitioners are already aware that using a combined managed service provider (MSP) and vendor management system (VMS) can bring several benefits, especially when coupled with a purely vendor-neutral provider. Yet with this increased awareness comes a more crowded market. Discerning a combined MSP/VMS from a standalone VMS is simple, but identifying a truly vendor neutral provider is often easier said than done. Here’s how to tell the difference along with the benefits and lessons learned.
Spend Matters welcomes this sponsored article from Michael Matherly, who leads the SOW practice for Geometric Results, the world’s largest independent, conflict-free MSP solutions provider.
To conclude our series on how to get to best practices with SOW (read the prior posts here and here), we look at how to implement and sustain them once they have been determined. The Three Pillars Model offers an effective strategy.
Total talent management (TTM) has been a much-discussed concept over the past 5 years, evangelized by solution providers and analysts alike. While it’s highly likely that all organizations will eventually source and manage human capital and services in a highly integrated way, there remains an open question of how evolving or even disruptive technology will drive and enable those sourcing and management processes and what the destination will be like. These are important questions for contingent workforce and services (CW/S) procurement practitioners trying to get their arms around a supposedly imminent TTM.
Agility is the hallmark of today's leading organizations, especially when it comes to talent. By utilizing flexible talent strategies, these companies are realizing cost savings from their contingent (or flexible) workforce. But how are they (and potentially you) preparing for the future of work? Join Andrew Karpie, research director, services and labor procurement at Spend Matters, and Stuart Kliman, change management expert Vantage Partners, for a tutorial on what processes will need to change in order to adopt a more flexible workforce.
Since mid-2016, we’ve only heard a few reports about work platform business Lystable, and there has been almost no news about Lystable in the press to date. That is, of course, until the company announced recently that it had completed a $10 million Series A round, bringing total funding to $21 million and doubling the company’s valuation since June of last year. To get a sense of what Lystable was up to, we arranged a call with founder and CEO Peter Johnston to obtain his insights.
Out with the old and in with the new: Enterprise software has emerged to empower Fortune 500 companies to take on the digital transformation of their workforce. Join Andrew Karpie, research director, services and labor procurement at Spend Matters, and Mousa Ackall, of Work Market, on Thursday, April 6, at 12 p.m. CDT, for Labor Automation & The Contingent Workforce Opportunity.
Human Capital Innovation (Part 2): Innovative Enterprise Talent Solutions and Guiding Organizational Change
Leading contingent workforce and services procurement organizations have begun to adopt a new way of working. A new generation of technology-based solutions allows organizations to engage external talent, conduct projects with blended teams of internal and external workers, and share and accumulate actionable knowledge assets. But adoption of these technology-based solutions is easier said than done. In Part 2 of this series on human capital innovation, we explain how program leaders can catalyze organizational change to maximize the benefits of this new way of working.