Brightfield identifies an average 20% of SOW spend that should be reclassified as staff augmentation work in the Contingent Workforce program.SOW rates are, on average, 30% higher (but can be more than 100%!) than the same roles from temporary staffing agencies.

Example Brightfield AI-Enabled Findings:

  • High number of SOW Suppliers for amount of spend
  • High spend SOW categories with a high probability of misclassification
  • Temporary staffing providers contributing SOW spend
  • High percentage of total SOW suppliers with <$10,000 in spend
  • Lack of data visibility into SOW details (i.e. type, workers, rates)
  • Lack of data integrity (i.e. supplier names, roles)

Example Outcomes:

  • 30% reduction in identified misclassified spend
  • Reduce contract management effort through supplier rationalization
  • Decrease A/P overhead costs for invoice processing via transition to an automated solution or for a rationalized supply base
  • Risk mitigation from visibility and controls on SOWs misclassified in countries with pay parity penalties for non-compliance

Seeing is Believing!

Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDXperts. We'll learn about your organization and objectives, and then map the conversation to share the most relevant case studies and recommended analytics tools.

Request A Demo