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1
Johan Soderstrom
17 November 2015
Fieldglass at a Glance!
2
Company Wallet of Spend Categories
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
26%
Direct & Supply
Chain
21%
Indirect & MRO
46%
Contingent Labor and Services
7%
Travel &
Expenses
Global capital and operational spending
for the Global 2000 is distributed across
different categories. Source: Spend Categories for Global Top2000
3
Fundamental Shift in Composition of the Workforce
Full-time Employees
External
Workers
30-80% of total
workforce is comprised
of non-employees
SOW
Consultants
Independent
Contractors
Temporary/Agency
Workers
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Future Talentpool
4
Strategic Headaches
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
V I S I B I L I T Y
E F F I C I E N C Y Q U A L I T Y
C O S T
C O M P L I A N C E
5
Typical Process Flow: Contingent Labour
Create
job posting
Approve
job posting
Submit
candidates
Approve
time
& expense
Manage
onboarding
Export
invoices to
A/P
Invoice time
& expense
Submit time
& expense
Procure Engage Pay
Hiringmgr.ApproverSuppliersWorker
Programme
office
Distribute
job posting
Shortlist
candidates
Interview
candidates
Create work
order
Accept work
order
© 2015 Fieldglass, Inc. All rights reserved.
Proprietary and Confidential.
6
Time Sheet Approval
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
View real time spend
information when
approving time
7
Typical Process Flow: Services
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Create
Multi-Bid
Review
Multi-Bid
(if needed)
Manage
onboarding
Accept
SOW
Submit
invoice
Mark work
as complete
Procure Engage & Pay
Contractmgr.
PMO/
Approver
SuppliersWorker
Submit
responses
Evaluate
responses &
award
Create
SOW
Negotiate
SOW
Export
invoices to
A/P
Approve
completed
transactions
Approve
SOW
Submit time
& expense
Multi-Bid Statement of Work
8
Typical Process Flow: Worker Profile Tracking
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Create
Worker
Profile
Manage
Onboarding
Worker EngagementHiring
Manager
PMO/
Approver
SupplierWorker
Validate &
Manage
Worker
Profiles
Manage
Onboarding
*Hour/WO/Spend
9
What You Can Do With Fieldglass
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
10
Metrics Used For Generating Cost Savings
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Stabilisation Optimisation Transformation
SavingsLevel
LowMediumHigh
Mark Up/Margin Reduction
Charge or Pay Rate
Management
Tenure
Discount
Professional
Working Day
Overtime
Reductions
Integration
Volume
Rebates
Supplier
Rationalisation
Supplier
Tiering
Process
Efficiencies
Talent Pooling /
Workforce
management
Channel
Optimisation
End Date
Management
Consultancy
Replacement
Introductory/Training
Rates
Job Classification
Consolidated
Invoicing
At Any Stage
SOW
Multi bid
Improved Quality of
Hire
Charge or Pay Rate
Reduction
Early Payment
Discount
Enforced Contractor
Holidays
Dynamic top supplier
performance rating
Canddate
performance
rating
5-12% direct cost savings (1st gen. program)
Supplier
Tiering
11
Candidate Rating
12
Example tiering: Committed benefits for Diamond partners:
− Chance to gain significant shares of business / growth
− 5 day lead-time before other partners are approached
− All Diamonds receive all job postings
− Marketing opportunities as a Diamond partner
− Long term partnership with 2 year contract
Committed benefits for Gold partners:
− 3 day lead-time after diamond partners
− All Gold suppliers will receive all job postings not delivered by Diamonds
− Limited competition
− Long term partnership with 2 year contract
− Chance to become Diamond in the future when performing well
Silver
− Suppliers with average performance or pricing.
− Competition with entire supplier set
− Niche suppliers specific for a region
Dormant
− Suppliers with below average performance or pricing as well as suppliers not
accepting the terms & conditions. Kept in Fieldglass to secure visibility over
time.
SCM Performance Tiers
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Diamond
Gold
Silver
Dormant
All suppliers can be measured on rate-
compliance and number of submitted
consultants per category and
geography
13
Fieldglass Presence in Sweden
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Customers implemented
+2 active customers with its base
in Sweden. Excess of 10
Customers with spend in
Sweden.
Large supply base on boarded
300+ Suppliers already signed EUA.
Largest data set for benchmarking.
Language fully supported
Swedish fully implemented as a
standard language.
Local partnership present
MSP and other capacity present.
14
Serving Customers Across Industry Verticals
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Consumer & Retail Energy/Power/Resources Financial Services Healthcare/Pharma
Business Services Technology & Telecom Manufacturing Others
15
Industry Leader
Leading vendor for contingent and
SOW/project capabilities
Highest scoring vendor in CWS/VMS
functionality and market presence
Global
Highest ranked in global adoption and
market presence
ROI
Solution with highest ROI
Fieldglass Named VMS Industry Leader by
Forrester Wave™ 2014
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Source: Forrester Wave™: VMS Contingent Capabilities, Q1 ‘14.
16
Fieldglass Overview
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Industry Leader
Leading vendor for contingent
and SOW/project capabilities
according to Forrester Wave
2014 report
Culture of Partnership
15+ years experience
#1 in customer satisfaction for
three consecutive years (SIA)
Global
35% of deployments outside U.S.
Deployed in 100+ countries and
18 languages
Largest Customer Base
300+ companies
Excess of $25B in global spend
Largest data set for benchmarking
17

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Elevate Services Procurement Practices with Fieldglass [Stockholm]

  • 1. 1 Johan Soderstrom 17 November 2015 Fieldglass at a Glance!
  • 2. 2 Company Wallet of Spend Categories © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. 26% Direct & Supply Chain 21% Indirect & MRO 46% Contingent Labor and Services 7% Travel & Expenses Global capital and operational spending for the Global 2000 is distributed across different categories. Source: Spend Categories for Global Top2000
  • 3. 3 Fundamental Shift in Composition of the Workforce Full-time Employees External Workers 30-80% of total workforce is comprised of non-employees SOW Consultants Independent Contractors Temporary/Agency Workers © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Future Talentpool
  • 4. 4 Strategic Headaches © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. V I S I B I L I T Y E F F I C I E N C Y Q U A L I T Y C O S T C O M P L I A N C E
  • 5. 5 Typical Process Flow: Contingent Labour Create job posting Approve job posting Submit candidates Approve time & expense Manage onboarding Export invoices to A/P Invoice time & expense Submit time & expense Procure Engage Pay Hiringmgr.ApproverSuppliersWorker Programme office Distribute job posting Shortlist candidates Interview candidates Create work order Accept work order © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
  • 6. 6 Time Sheet Approval © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. View real time spend information when approving time
  • 7. 7 Typical Process Flow: Services © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Create Multi-Bid Review Multi-Bid (if needed) Manage onboarding Accept SOW Submit invoice Mark work as complete Procure Engage & Pay Contractmgr. PMO/ Approver SuppliersWorker Submit responses Evaluate responses & award Create SOW Negotiate SOW Export invoices to A/P Approve completed transactions Approve SOW Submit time & expense Multi-Bid Statement of Work
  • 8. 8 Typical Process Flow: Worker Profile Tracking © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Create Worker Profile Manage Onboarding Worker EngagementHiring Manager PMO/ Approver SupplierWorker Validate & Manage Worker Profiles Manage Onboarding *Hour/WO/Spend
  • 9. 9 What You Can Do With Fieldglass © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
  • 10. 10 Metrics Used For Generating Cost Savings © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Stabilisation Optimisation Transformation SavingsLevel LowMediumHigh Mark Up/Margin Reduction Charge or Pay Rate Management Tenure Discount Professional Working Day Overtime Reductions Integration Volume Rebates Supplier Rationalisation Supplier Tiering Process Efficiencies Talent Pooling / Workforce management Channel Optimisation End Date Management Consultancy Replacement Introductory/Training Rates Job Classification Consolidated Invoicing At Any Stage SOW Multi bid Improved Quality of Hire Charge or Pay Rate Reduction Early Payment Discount Enforced Contractor Holidays Dynamic top supplier performance rating Canddate performance rating 5-12% direct cost savings (1st gen. program) Supplier Tiering
  • 12. 12 Example tiering: Committed benefits for Diamond partners: − Chance to gain significant shares of business / growth − 5 day lead-time before other partners are approached − All Diamonds receive all job postings − Marketing opportunities as a Diamond partner − Long term partnership with 2 year contract Committed benefits for Gold partners: − 3 day lead-time after diamond partners − All Gold suppliers will receive all job postings not delivered by Diamonds − Limited competition − Long term partnership with 2 year contract − Chance to become Diamond in the future when performing well Silver − Suppliers with average performance or pricing. − Competition with entire supplier set − Niche suppliers specific for a region Dormant − Suppliers with below average performance or pricing as well as suppliers not accepting the terms & conditions. Kept in Fieldglass to secure visibility over time. SCM Performance Tiers © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Diamond Gold Silver Dormant All suppliers can be measured on rate- compliance and number of submitted consultants per category and geography
  • 13. 13 Fieldglass Presence in Sweden © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Customers implemented +2 active customers with its base in Sweden. Excess of 10 Customers with spend in Sweden. Large supply base on boarded 300+ Suppliers already signed EUA. Largest data set for benchmarking. Language fully supported Swedish fully implemented as a standard language. Local partnership present MSP and other capacity present.
  • 14. 14 Serving Customers Across Industry Verticals © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Consumer & Retail Energy/Power/Resources Financial Services Healthcare/Pharma Business Services Technology & Telecom Manufacturing Others
  • 15. 15 Industry Leader Leading vendor for contingent and SOW/project capabilities Highest scoring vendor in CWS/VMS functionality and market presence Global Highest ranked in global adoption and market presence ROI Solution with highest ROI Fieldglass Named VMS Industry Leader by Forrester Wave™ 2014 © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Source: Forrester Wave™: VMS Contingent Capabilities, Q1 ‘14.
  • 16. 16 Fieldglass Overview © 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential. Industry Leader Leading vendor for contingent and SOW/project capabilities according to Forrester Wave 2014 report Culture of Partnership 15+ years experience #1 in customer satisfaction for three consecutive years (SIA) Global 35% of deployments outside U.S. Deployed in 100+ countries and 18 languages Largest Customer Base 300+ companies Excess of $25B in global spend Largest data set for benchmarking
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