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.

Benchmarks: MSP SOW spend by occupation

|September 11th, 2019|

Information technology represents the lion’s share of the reported SOW spend (51%) going through an MSP, according to the 2019 MSP Landscape & Differentiators report by Staffing Industry Analysts.

Moving SOW into your CW program, smartly

|August 28th, 2019|

Lack of transparency into SOW puts your organization at risk. What to consider as you pursue incorporating services procurement into your CW program.

Benchmarks: Global Spend on SOW

|December 19th, 2018|

SIA estimates SOW consulting to be worth roughly 13.5% of the total $3.68 trillion in contingent workforce spend in 2017.