The new partners include Toptal, Trusted Health, First Advantage and TalentWave. They expand the array of digital capabilities available to SAP Fieldglass customers.
They range from providing quicker access to talent with specialized skills to other services. Those include background checks, certification verification and payroll processes. This provides Fieldglass customers with greater agility and efficiency to find, engage and manage non-payroll workers and service providers to work across their enterprises.
The importance of online marketplaces
This flexible labor force accounts for roughly 44 percent of businesses’ workforce spend, according to the SAP Fieldglass report “External Workforce Insights 2018: The Forces Reshaping How Work Gets Done.”
Consequently, with the significance and expected growth of the external workforce, on-demand, online marketplaces are becoming increasingly important sources of talent. 38 percent of executives use these marketplaces today and 74 percent are planning to do so in three years.
Maarten Hansson, global head of Workforce Strategy at Philips, a technology company in Amsterdam, observed: “On-demand talent platforms are great innovations we can use to improve business results. They perform best when digitally integrated with a solution, such as the digital partner network. They then can realize the value of an on-demand service coupled with the visibility and automation of a cloud solution.”
Improving financial performance
“We continue to expand our network of online providers to give customers more options to scale and manage their external workforce,” said Arun Srinivasan, senior vice president of SAP Fieldglass. “62 percent of executives say that their external workforce improves their overall financial performance. This means that the better they engage this critical resource, the more value they can realize.”
The broader digital network connects companies to a growing number of emerging online providers. This can be realized across every part of an organization’s external talent management and services procurement processes.
The SAP Fieldglass portfolio engages and manages all types of flexible resources. Companies in more than 180 countries deploy Fieldglass solutions. They help companies transform work processes, increase operational agility and also accelerate business outcomes.