Companies spend more on services than any other category, but lack visibility and control. With the gig economy and increased access to global talent, the reliance on temporary labor and SOW-based services is expected to grow. Coupa Contingent Workforce provides the advanced capabilities businesses need to source and manage contingent workers and complex services at scale.
Pay competitive rates for contingent workers by driving employees to preferred suppliers.
Gain insights into services spend and track worker performance.
Follow company policies and laws governing temporary labor worldwide.
Initiate requests for temporary work or advanced SOW-based projects. Source and collect bids from the right talent leveraging recommendations from an AI-powered best-fit resume index.
Route requests through a flexible approval workflow. Seamlessly release approved work orders to suppliers and enable them to track work completion details and timesheets. Stay up-to-date on the status of deliverables for your projects.
Onboard and offboard contingent workers quickly and securely. Analyze services spend and worker performance to get more value from every dollar you spend.
For many organizations, complex services make up a considerable percentage of overall spend—and that number is on the rise across virtually every industry. While you work hard to negotiate rates, define deliverables, and agree on terms and conditions, once your suppliers or consultants begin work, keeping track of the actual work done and invoiced can be a real challenge. Coupa Contingent Workforce makes advanced services procurement simple. Source high-quality suppliers, accelerate the
procurement and onboarding process, track time, materials, and costs, and confirm that suppliers are meeting service level agreements (SLAs). Ensure compliance with complex contracts and collaborate easily with suppliers to gain a better understanding of project progress and value. Offboard contingent workers efficiently and securely. Coupa Contingent Workforce gives organizations a high level of visibility and control over advanced services spend, as part of a holistic business spend management program.
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CFO.com and Lagunitas discuss ways to measure Business Spend Management success.