How much of your brainpower comes from your contingent workforce? EBG | Network welcome Ericsson who invite you who join CPO Outlook 2022 to a workshop to discuss process adherence. On October 13th you who join us in Stockholm can come together with a peer group led by Ericsson.
Peers learning from peers and experts and peers learning from each other
The beauty (if EBG may say so) of an EBG summit is that peers discuss what matters. No system or digital procurement strategy in the world can solve the above question marks. It takes digitalization to reach all the way – but it is not all. Far from it. This – if anything – is one of the foundations in everything EBG do. The understanding that it takes change management, end to end process think through and endurance to reach strategies set by most companies. Big or small, these processes are often the same however scaled differently. And handled with a different size workforce of course.
You will discuss;
How do you create process adherence in an end to end flow related to contingent workforce?
Most organizations workforce consist of a contingent workforce segment. Contingent workers are not on the company payroll but provide services to an organization, such as contractors, consultants, temps and advisers, but could also be purchased as a Service or Statement of Work. Being one of the most important assets in a company, from a procurement and finance perspective difficult to oversee and control end to end. The ability to know what it is being spent, where, and with whom is vital. How do you achieve that?
To be compliant and efficient, a company can develop standardized, cross-functional business processes, policies, compliance checks and roles across business units and region. To further improve ways of working this can be supported, where possible, by a single information technology platform. But this is easier said than done. There are a multitude of people involved across the organization and a challenge to create adherence in an end to end flow.
During this workshop you will come together with peers to discuss ways of working with the big spend segment contingent workforce. You will discuss challenges and opportunities and learn from each others approaches to gain insight and control, end to end.
Discuss:
- How do you define and create an end to end contingent workforce process? If your process includes stakeholder approval of timesheets/milestones – how do you ensure compliance and timely approval?
- How well does the classic 2- 3- or 4-way match process fit the contingent workforce flow? Self-billing vs PO-flip?
- In what ways are you handling vendor rationalization (preferred supplier usage), rate optimization, micro bidding, contract standardization and compliance (incl vetting) within contingent workforce?
- How have you divided the roles between HR, the business and procurement in relation to the continent workforce flow?
- MSP – Manage Service Provider approach (outsourcing) versus internal setup, pros and cons?
Join CPO Outlook 2022 in person or online
EBG have enabled round table based summits since 2010. After a three year involuntary break – we look forward to seeing our network again in Stockholm. For you who cannot join us in person there is an online option. Not the same but valuable. After the summit all can come together and meet via groups continuing to discuss the topics that came up via EBG | Community. EBG | Community being an online platform enabling you who join an EBG summit to stay in contact.
Seats are limited and we are happy to see so many already registered. Go >>here to register to discuss contingent workforce challenges and other topics on October 12th & 13th! On June 30th the investment level increase.