Enterprises regularly rely on suppliers to provide contractors and contingent workforces to complete business-critical projects. But most enterprises have little if any visibility into the actual work being done by the resources they are paying for. This lack of transparency makes project management, planning, forecasting, and supplier negotiation incredibly challenging.
It doesn’t have to be this way.
Sapience helps customers better manage their time and material (T&M) contingent labor by revealing the gap between self-reported timecards and actual time worked.
By modernizing your approach to partnering with suppliers and adopting Sapience transparenSEE®, a workforce analytics solution for optimizing your external labor capacity management, your organization can unlock a host of benefits, including significant cost savings.
Save Millions with Sapience transparenSEE®
Automatically collected external workforce data allows enterprises to protect against unfair change orders and enter contract discussions more informed.
Protect Against Unfair Change Orders
Suppliers are motivated to protect their margin. So, when projects are delayed or over budget, suppliers issue change orders that often fail to account for the role of their own resources.
By understanding the actual work done on your behalf by suppliers and their resources, your enterprise could save millions.
Within three months of deploying Sapience transparenSEE, businesses typically uncover at least a 30% gap between the supplier’s timecards and the work time reality. Other types of external labor contracts, such as project-based, capacity-based, or outcomes-based projects, lead to similar discrepancies in resources deployed and work time, according to Sapience data.
SAPIENCE TRANSPARENSEE ® The Enabling Technology for Your Contingent Workforce
With insights at your fingertips and easy integration with existing systems, you will achieve time to value within weeks.
- IOT DATA COLLECTION Automated, near real-time processing
- ADMIN AND ONBOARDING Ease of implementation and administration
- INTEGRATION FRAMEWORK Dynamic connection with existing data
- BUSINESS INTELLIGENCE Advanced reporting and recommendations engine
- EXTENSIVE SAFEGUARDS Privacy, security, and compliance functions
REDUCE YOUR SPEND WITH SAPIENCE TRANSPARENSEE ®
Automatically collected, unbiased data provided in an intuitive SaaS platform enables you to quickly reduce your spend and improve supplier relationship management.
ACHIEVE
- COST SAVINGS
- Realize savings and/or rebates of 30-50% in as little as three months.
- IMPROVE NEGOTIATIONS
- Come to the table with unbiased data and insights about the realities of work performed. OPTIMIZE EFFICIENCY Ensure suppliers are deploying the right resources to drive efficiency.
- OBTAIN CLARITY IN YOUR DECISION-MAKING
- Make clear decisions about labor needs and workforce planning.
- REDUCE BUSINESS RISKS
- Validate who has access to confidential files and identify potential security risks. STRENGTHEN PARTNER RELATIONSHIPS Provide suppliers access to valuable data and reward them with future contracts based on platform data.