SERVICES AND STATEMENT OF WORK (SOW) PROCUREMENT

Learn more about how the active management of Services and SoW Procurement can increase access to essential skills, deliver better project outcomes and grow your organisation.

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What you need to know about services and SoW procurement

From project managers to IT specialists and data analysts, you’re likely leveraging the expertise of a growing number of services procurement or SoW providers.

Often referred to as ‘indirect spend’ and considered more challenging to manage effectively, organisations are searching for a solution that enables a more integrated and agile approach; driving better project outcomes, increasing value from spend and maximising competitiveness.

Services procurement is the process of identifying suppliers and skills sources, negotiating and contracting with selected service providers and overseeing the delivery of agreed outcomes.

Together, we’ll make buying services simple.


Get deliberate with your decision making
Partnering with your procurement function, we’ll increase the speed of access to essential resources and expertise while reducing the administrative burden placed on project managers. We’ll equip you with a wealth of insights to analyse performance and optimise the selection of suppliers. The agility and visibility you need, without the added paperwork.

Project outcomes: agreed and achieved
We’ll ensure your providers are able to track delivery on today’s projects and receive the agreed renumeration. But with top talent in high demand, you also need to think about how you’ll engage skills to meet tomorrow’s needs. We’ll enhance partnerships, grounded in timely payments, realistic timelines and clear communication to ensure you’re the client of choice.

Let's discuss services procurement

Are you ready to strategically manage your Services Procurement and SoW spend? Talk to the team at Enterprise Solutions.

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SERVICES AND STATEMENT OF WORK (SOW) PROCUREMENT FAQs

Services Procurement is the process of identifying suppliers and talent networks, negotiating and contracting with selected providers and overseeing the delivery of agreed outcomes.

A Statement of Work is a document that details project or engagement specific activities, pricing, deliverables and timelines for a supplier providing an outcome-based service to their client.

Put simply, organisations do not buy a SoW, they buy the services covered by the SoW.

Our vision is simple – we want to increase your competitiveness by helping you to better manage your contingent workforce.

Instead of viewing these workers as a ‘block of spend to manage’ and narrowly focusing on visibility, control and cost reduction, we concentrate on helping you get work done better, bringing the insights, analytics and expertise to refine every inch of your procurement processes.

HOW SERVICES PROCUREMENT AND SOW CAN HELP YOUR BUSINESS

  • Less admin, greater efficiency

    We’re committed to the growth of your organisation. As your strategic workforce partner, we’ll bring leading suppliers, a suite of advisory services and an array of technology to the table, equipping you with the insights and analytics to make the best decisions for your business.

  • Reduce the risk

    Misclassification remains one of the greatest risks when engaging contingent workers. Opting to centralise the management of your service providers offers greater control over this category of spend, with clearly defined deliverables and enhanced tracking reducing the risk of reputational and financial repercussions.

  • The right technology to ensure total clarity

    We’re experts in technology, so you can rely on us to advise, implement and integrate the tools you need to refine every inch of your services procurement process.

     

    Get in touch today

MARKET INSIGHTS FROM HAYS

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Services and SoW Procurement case study

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A SOLUTION FOR EVERY WORKFORCE CHALLENGE

Gain visibility across your workforce

Complete clarity. Better business decisions. Let’s keep things simple with our solutions.

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