SOW

Benchmarks: SOW spend through VMS

|February 10th, 2021|

Despite being a focus area for vendor management system providers as well as CW programs, SOW represents just 16% of reported 2019 VMS spend under management, suggesting that it remains a largely unpenetrated market for VMS.

SOW: Determine where you can add value to your projects

|February 3rd, 2021|

Some steps to get your management of SOW to a mature level where you can begin to remove those blind spots. Build a fence around areas of intended focus.

Aligning perm and contingent data is vital to achieving TTM

|September 23rd, 2020|

Covid-19 has reinvigorated TTM, the holy grail of CW programs. But making perm data accessible and easily matched to contingent labor is critical.

Cost-savings imperative is driving execs to eye SOW

|July 1st, 2020|

Amid the economic fallout of the pandemic, the C-suite will be looking for areas within their organization to capture more cost savings. The CW program can deliver via a focus on SOW arrangements.

Benchmarks: Global SOW spend exceeds $500 billion

|July 1st, 2020|

Businesses worldwide spent an estimated $523 billion on statement-of-work projects last year, according to SIA.

SOW in your program’s future? Prep is key

|February 5th, 2020|

If handled correctly, incorporating statement-of-work management into your CW program can bring significant benefits, including managing costs and risk. But proper planning is critical.

Folding SOW into the CW program: Beyond rogue spend

|January 29th, 2020|

From efficiency to visibility, incorporating statement of work has great benefits to the program. Here are some organizational drivers that are pushing programs to incorporate SOW.

Today’s MSP: Ruling the buoyant small, midsize market

|January 22nd, 2020|

Growth in the MSP market — representing $141 billion of spend under management in 2018 — slowed to an estimated 8% compared to 12% in 2017, according to SIA research. Despite the slowdown, interest in MSP remains.

CW trends that will continue to impact your program, part 2

|January 2nd, 2020|

In our last issue, we highlighted six trends that have taken CW programs to new heights. Here are five more.

Enhance your CW program: SIA Roadmap

|October 16th, 2019|

Organizations looking to expand can use the SIA Optimization Roadmap, which provides individual activities necessary to establish CW program or improve an existing one.