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Dubai Marina Hotel Thursday, May 28, 15
Fieldglass Presentation to Executive Construction Round Table
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- Across the globe, companies increasing rely on non-employees
- Contingent workers are the fastest-growing segment of America’s job market. 1
- 30-50% of workers delivering services to a Global 2000 company are non-employees2
- Growth across industry verticals & worldwide
Use of contingent workers continues to grow
1. Harvard Business Review, July 2013 2. Sources: Staffing Industry Analysts, 2013 survey. Fieldglass market information.
Sept 2010
© 2014 Fieldglass, Inc. All rights reserved.
3 © 2014 Fieldglass, Inc. All rights reserved.
Fundamental Shift in Composition of the Workforce
Full-time Employees Contingent Workers
30-50% of total workforce is comprised of non-employees
SOW or Project-based Consultants
Independent Contractors
/ Freelancers
Temporary/Agency Workers Who is working for you?
Where are they located? What are they doing? Are you in compliance of tax and employment law? ….And how much are they cos<ng you?
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What’s the Problem?
© 2014 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
NO VISIBILITY
QUALITY ISSUES
HIGH RATES
HIGH COSTS
INEFFICIENCIES
COMPLIANCE ISSUES
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All-in-one Vendor Management System
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Visibility, Compliance, Security, Control and Cost Savings
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Fieldglass is market Leading VMS
© 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
Deployed in 100+ countries and 18 languages MENA region clients use Fieldglass
Largest Customer Base 370+ companies $35B in global spend Largest data set for benchmarking
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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
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Benefits for our customers Cost Compliance Efficiency Quality
$33M savings realized for
SOW projects
75% reduction in cycle
time for labor requests
SIGNIFICANT REDUCTION
In external workforce safety
incidents
Contractor conversion is the
2nd largest source of full-time hires
Visibility & Intelligence
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Benefits for our customers Cost Compliance Efficiency Quality
Visibility & Intelligence
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
Up to 9% Improvement on Supplier
Margins
€380,000 Savings from consolidating paper invoices into electronic
submittals
German clients utilise
functionality to support
Collective Bargaining
Agreements
200 Non-registered Suppliers
brought under management
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Example Benefits – Services vertical Cost Compliance Efficiency Quality
Gain Share Model
Above 10% rate saving, Client/MSP
75/25 split.
82% Direct Hire Sourcing Route
Eliminated 20+ phone calls / emails in the request and
worker on-boarding process (per candidate).
Reduced Time to Review & Select Candidates by
50%.
Reduced Time to Provision a Worker
by 15 Days.
Visibility & Intelligence
© 2015 Fieldglass, Inc. All rights reserved.
Increased worker quality & retention through detailed sourcing & screening process
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Fieldglass Technology Differentiators
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
T R A D I T I O N A L V M S C A PA B I L I T I E S
D I F F E R E N T I AT O R S
Requisition Candidate Selection
Work Order Timesheets Statement of Work
Invoicing Reporting
Supply Base Management
Talent Pools/ Bench Mgmt.
Worker Profile Tracking
Global Pay Rules Visualizer & PMM
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Command Center
Reporting support
Configuration support
Upgrade support
Data loads
Bulk changes
Fieldglass Support
© 2015 Fieldglass, Inc. All rights reserved. Proprietary and Confidential.
ADAPT & IMPROVE
Supplier performance mgmt.
Worker management
Spend & rate management
On/off-boarding
Reporting & invoicing
End user support
Application administration
Quality, policy & risk mgmt.
Transaction monitoring
Operational
On-site training
Admin support
Change management
Market intelligence
Product release education
Continuous improvement
Business reviews
Ongoing Support
Program Evolution
PMO Functions Account Services Support Fieldglass Functions
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END OF SLIDES!!