Home
6 Reasons Why Procurement Loves SOW Programs (SIG, PeopleFluent)
Thursday, February 26, 2015, 02:00pm - 03:00pm
by This email address is being protected from spambots. You need JavaScript enabled to view it.
The need to ensure visibility into sourcing projects to drive effectiveness and measure results is a mandate that significantly impacts the bottom line.
That’s why procurement is expanding their VMS program’s scope to include SOW-based services spend.
The superior governance, process agility and financial control SOW programs provide, make this a favorite solution for procurement leaders.
Learn why you should love SOW:
1. Clear Visibility into project spend
2. Superior budget control over CW
3. Strong negotiation abilities with competitive bidding
4. Improved Supplier management
5. No assumptions- Performance/process driven contracts
6. Measurable efficiency and cost savings