467665039

Is Your VMS Geared for Complex Project Management?


Boston’s Big Dig has its claim to fame not only as an ambitious and expensive megaproject involving hundreds of third-party vendors – but also for its mismanagement and failures. ...
464267817

Look Past Your Current Needs When Selecting a VMS


Up until the last year or so the scope of requests received for IQNavigator’s vendor management software (VMS) predominantly queried our support of contingent or temporary labor spend. ...
92019660

Organizational Controls That Impact SOW-Based Services — Combining the Chocolate and Peanut Butter of your SOW Program – Part 6


This is the final post of our series on Controlling SOW-Based Services. In the prior posts (Part 1, Part 2, Part 3, Part 4) we introduced the Control Landscape Map and focused most ...
465879187

The Control Solution: Simple, Yet Complicated: Combining the Chocolate and Peanut Butter of your SOW Program – Part 5


The control activities to protect against the SOW engagement risks noted in Part 4 are fairly simple and straight forward: Document the commercial terms in the SOW / contract; Compare ...
462276031

Let Your Suppliers Specialize


With most contingent workforce programs, benchmarking is a great place to start in order to identify savings opportunities. It makes sense. You know a job category in your location ...
152986035

Combining the Chocolate and Peanut Butter of your SOW Program – Part 3: Making the Value Case for Pre-Award Controls


In Part 2, we made the connection between spend data visibility as an enabler to sourcing value and demonstrated the impact that visibility has on control effectiveness. In this post, ...
177406845

Combining the Chocolate and Peanut Butter of your SOW Program – Part 1


“What does controlling SOW-based services spend mean to you?” That was the seemingly straightforward question I asked of two separate audiences at a procurement conference recently. ...
147539280

Can Your VMS REALLY Support Your Project Services Spend?


For the past few years, the “hot topic” in the contingent workforce industry has been the management of Statement of Work (SOW) project services.  We have all read the statistics.  ...
analytics

Managing SOW Through VMS Delivers Better Results


VMS analytics and reporting have the power to turn even the most cynical CIO into a believer. Look at what the VMS gets you: cost savings driven by using only authorized vendors,  the ...
SOW

You Reap What You SOW


If you’re looking for comforting words, the phrase “contractually obligated” doesn’t usually fill you with warmth and friendship. It seems to imply a bit of frustration — ...
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