As spend matters research director for services and labor procurement andrew karpie put it in a 2016 article on the topic. A contingent workforce consists of freelancers, independent contractors and consultants who are not on the companys payroll because they are not fulltime employees of the organization. With more workers generating more data and creating more complexities as a result, one critical tool unsurprisingly became a top requirement for program. Ardent partners actively covers the supply management marketplace and produces research to help business decisionmakers understand 1 industry best practices and how to improve. According to another research and advisory firm, ardent partners, the average contingent workforce will grow by nearly 30% over the next three years. Workforce logiq has been evaluated against 14 msps and recognized for the strength of. Sap is the worlds leading provider of business software. Mar 28, 2014 contingent workforce programs are expected to grow by nearly 30 percent during the next three years, according to ardent research, yet companies still struggle to get a handle on how to effectively manage this segment of the workforce. Vendor management systems play central role in strategic external workforce management research finds 60 percent of businesses feel integration equals. Research ardent partners supply management experts. The state of contingent workforce management 20152016. The tide is changing for contingent workforce management. May 23, 2017 a report from ardent partners found that 35% of todays total workforce is considered nonemployee.
According to a recent ardent partners study named the state of contingent workforce management, procurementled strategies pave the way of successful, nontraditional talent rule practices, and drive efficiency in creative teams. Business wireworkforce logiq, a global provider of aipowered workforce intelligence, technology, and services to large corporations, announced today its ranking as. Tapping into the contingent workforce apn consulting. The future of work tech roundup returns today with news and updates across the spectrum of contingent workforce, digital staffing, and workforce management solutions. Join chris dwyer, vp of research for ardent partners and cindy chunn, senior sms program manager for vectorvms for a live interactive webinar on december 12 at 10. Workforce logiq named bestinclass by ardent partners in. Workforce logiqs total talent intelligence sm platform is powered by a proprietary portfolio of advanced technology, predictive analytics, and expert guides to deliver our flagship workforce.
Shortlist is a smart, userfriendly freelancer management platform. Workforce software has a long history of innovation, collaboration with partners and customers, and attracting top industry talent. One of the circumstances that make purchasing best procurement software a tough bargain is the effect these technologies execute on modern workforce management. Learn more about our leadership team, careers, partners, and more. Dwyer is the voice behind contingent workforce weekly, the industrys first and only weekly podcast dedicated to this space, and is looked to as an expert on the future of work, gig economy, and the innovation behind the new world of work. The contingent workforce has been on a sharp growth trajectory for the past decade. Ardent partners state of contingent workforce management. If you would like more information about ardent partners and its research and advisory services, please contact us using this form. In this report, ardent partners highlights the benefits and shortfalls of both approaches and poses questions you will want to ask and important areas you will want to consider before you make this critical decision. How to capture complex contingent labor in the modernday cwm. The 5 pillars of focus for contingent workforce management. Learn more about our leadership team, careers, partners, and. At ardent partners, andrew focuses his research and efforts on helping enterprises develop and execute strategies to achieve operational excellence within their procurement and finance departments.
The perils of rogue spend in contingent workforce management. Workforce logiq, a global provider of aipowered workforce intelligence, technology, and services to large corporations, announced its ranking as bestinclass in ardent partners 2020 msp. Ardent partners research library contains thousands of reports and documents designed to help procurement, finance, and hr executives make smarter decisions. Ardents recommendations can help you build and develop a cwm program. There is no single answer to the question of whether to use an msp or a vmo to manage your extended workforce program, but rather what best fits your needs. In this report, ardent partners describes the convergence of new approaches to. Traditionally contingent labor has been used for seasonal or absence related needs, but it is now used as part of companies strategic direction to cut costs, reduce.
Produced in collaboration with ardent partners research and analysts, this report presents a comprehensive, industrywide view into what is happening in the world of todays contingent workforce based on the responses of 270 procurement, human resources, talent acquisition, and other business leaders. Christopher dwyer is the vice president of research for ardent partners, an advisory and research firm focused on defining, advancing, and promoting the supply. Workforce logiq, a global provider of aipowered workforce intelligence, technology, and services to large corporations, announced today its ranking as bestinclass in ardent partners 2020. With 95% of organizations today perceiving their contingent workforce as important and vital not only to daytoday operations, but also to ultimate enterprise success and growth, this arena should be of the utmost importance to every executive today, reports ardent partners. Table 6 top contingent workforce management challenges in 2019 % desire to be a more agile business 69 need to better find, engage, and source talent 67 critical skills gap in current. Ardent partners is a research and advisory firm focused on defining and advancing the supply management strategies, processes, and technologies that drive business value and accelerate organizational transformation within the enterprise ardent partners actively covers the supply management solutions marketplace and produces research to help business decision. Dec 10, 2015 managing contingent labor should be a whole lot easier now that sap has integrated successfactors and fieldglass. Business wireworkforce logiq, a global provider of aipowered workforce intelligence, technology, and services to large corporations, announced today its ranking as bestinclass in ardent partners 2020 msp solution advisor.
Ardent partners christopher dwyer will also highlight the firms latest research on the state of contingent workforce management. Contingent workforce software resources sap fieldglass. According to the bureau of labor statistics, these workers account for about 26% of the workforce and are expected to grow 23% through 2020 thats about 631,000 jobs. Mar 16, 2020 workforce logiq named bestinclass by ardent partners in 2020 msp solution advisor rankings. Workforce logiq, a global provider of aipowered workforce intelligence, technology, and services to large corporations, announced today its ranking as bestinclass. I hope that even casual readers of our sites know that my firm, ardent partners, has spent that past decade performing extensive market research in the areas of sourcingprocurement, accounts payablepayments, and contingent workforce future of work. See ardent partnerss revenue, employees, and funding info on owler, the worlds largest communitybased business insights platform. All of our services, software, and technology partners have been carefully selected for their ability to deliver business critical needs to our customers while accelerating the value of our solutions and services. Unfortunately, the library is currently being remodeled. By the end of 2017, contingent workers will comprise 45% of the worlds total workforce. New research finds 63 percent of companies reshaping work strategies to succeed in gig economy ardent partners report, cosponsored by sap fieldglass, tracks growth, evolution of contingent. Dcr workforce is an award winning, bestinclass service provider for contingent workforce and services.
Ardent partners the state of contingent workforce management 20182019. A framework for success research report by christopher j. Contingent workforce programs are expected to grow by nearly 30 percent during the next three years, according to ardent research, yet companies still struggle to get a handle. Ardent partners actively covers the supply management marketplace and. A contingent workforce is a labor pool whose members are hired by an organization on an ondemand basis. Ardent partners presents a compelling reason for contingent workforce managements growing importance. The trend is growing, but it comes with both opportunities and risks. Abstract excerpt a contingent workforce is comprised of various types of non employees who are not legally employed by the companies they work for. Ardent partners competitors, revenue and employees owler. Mar 17, 2020 workforce logiq named bestinclass by ardent partners in 2020 msp solution advisor rankings. All of our services, software, and technology partners have. Ardent partners research shows that 95% of organizations today perceive their contingent workforce as important and vital not only to daytoday operations, but also to ultimate enterprise success and growth. The truth is found in the ardent partners market research numbers.
Its almost 2015 and, to cap off 2014 in style, payables place will run five of the best posts from the 2014 archives. Workforce logiqs total talent intelligence sm platform is powered by a proprietary portfolio of advanced technology, predictive analytics, and expert guides to deliver our flagship workforce management solutions to recruit, hire, and retain your fulltime, contingent, and gig talent. With 95% of organizations today perceiving their contingent workforce as important and vital not only to daytoday operations, but also to ultimate enterprise success and growth, this arena. Contractor and vendor management for the enterprise. How to capture complex contingent labor in the modernday. Apr 16, 2015 according to the bureau of labor statistics, these workers account for about 26% of the workforce and are expected to grow 23% through 2020 thats about 631,000 jobs. Dwyer, promises to make waves in the contract talent industry due to. Contingent labor today represents the second largest spending category for most companies, but much of that. Managing contingent labor should be a whole lot easier now that sap has integrated successfactors and fieldglass. Ardent partners new report, the state of contingent workforce management.
Ardent partners digital staffing technology advisor. The state of contingent workforce management 20182019 beeline. Ardent partners developedrecently the industrys first known as the ardent partners model contingent workforce management frameworkto effectively describe and define the key areas of contemporary contingent labor, which includes this new complex world. Ardent partners takes a comprehensive, industrywide approach to the way they examine the state of contingent workforce management. The ardent partners contingent workforce management framework has been developed to help all. We continue our best of series today with chris dwyers. This report analyses and assesses the primary msp solution providers in the marketplace today, to help procurement, contingent workforce, hr and talent acquisition leaders navigate msp solutions provider landscape, accelerate the rfp or solution selection process and maximise investment. Developing a bestinclass contingent workforce program. Ardent partnerss top competitors are spendmatters, icertis and ziegler. The covid19 pandemics effects on the contingent workforce industry part two ardent partners takes the severity of the covid19 pandemic with the utmost seriousness.
Yesterday morning, global workforce management solutions provider workforce logiq announced that it acquired engage talent, predictive analytics and ai software company the charleston, scbased platform, founded in 2015, is yet another welcome addition to workforce logiqs innovative approach towards the greater contingent workforce management cwm indus. Hailed as a leader in contingent labor workforce management software, beeline provides a clear, userfriendly experience that automates the processes associated with your business as well. Be sure to check out part one of this special article series here. The dec 4 contingent workforce weekly podcast hosted by chris dwyer, vp of research for ardent partners featured a conversation with marc husain, managing director at. This ardent partners research report will analyze and. Learn what executives around the world have to say about the importance of their contingent workers. Ardent partners research shows that 95% of organizations today perceive their contingent workforce as important and vital not only to daytoday operations, but also to ultimate. Dwyer, promises to make waves in the contract talent industry due to its unique and exciting take on the contingent workforce market. Payables place contingent workforce ardent partners. Workforce logiq named bestinclass by ardent partners. It is obvious that contingent labor is important for most companies, and if this trend continues, companies will need new strategies to attract and. The state of contingent workforce management 20172018 beeline. I hope that even casual readers of our sites know that my firm, ardent partners, has spent that past decade performing extensive market research in the areas of sourcingprocurement. Join chris dwyer, vp of research for ardent partners and cindy chunn, senior sms program manager for.
See ardent partnerss revenue, employees, and funding info on owler, the worlds largest communitybased business. A report from ardent partners found that 35% of todays total workforce is considered nonemployee. Workforce logiq, a global provider of aipowered workforce intelligence, technology, and services to large corporations, announced today its ranking as bestinclass in ardent partners 2020 msp solution advisor. Contingent talent management services workforce logiq. The convergence of talent, technology, and the future of work. Hailed as a leader in contingent labor workforce management software, beeline provides a clear, userfriendly experience that automates the processes associated with your business as well as your contingent workforce. By the end of 2017, contingent workers will comprise 45% of the worlds total.
The latest ardent partners state of contingent workforce management study reveals that nearly twothirds of all businesses are actively reshaping how work is completed across the enterprise, blending a mix of external workers and fulltime employees to better leverage talent as a business differentiator. Aug 16, 2017 is your business ready for the connected workforce. Yesterday morning, global workforce management solutions provider workforce logiq announced that it acquired engage talent, predictive analytics and ai software company. Adoption ap automation ardent partners research case study cfo chief procurement officer christopher dwyer collaboration complex categories contingent workforce contingent workforce weekly podcast contract lifecycle management cpo cpo honors cpo news cpo rising summit cpo shop talk cpos on the rise epayables eprocurement esourcing 2. The effects of smooth procurement on contingent workforce. By having access to contingent workforce data, such as usage, projects, suppliers, and quality performance, the cfo and his her team can estimate future utilization of contract talent, the funds needed for that labor, and the cost finance ramifications of projects that will utilize contingent labor. Ardent partners takes the severity of the covid19 pandemic with the utmost seriousness.
This report analyses and assesses the primary msp solution providers in the marketplace today, to help procurement, contingent workforce, hr and talent acquisition leaders navigate msp. Nov 10, 2014 research firm staffing industry analysts reported that 18% of the workforce at large companies were contingent workers in 20 which has risen greatly from the 12% seen in 2009. Vendor management systems play central role in strategic external workforce management research finds 60 percent of businesses feel. Contingent workforce management contingent workforce cpo. The state of contingent workforce management 20172018. In this report, ardent partners names workforce optimization as the top challenge for the modern enterprise and contingent workers as the key to achieving the. Jun 09, 2017 one of the circumstances that make purchasing best procurement software a tough bargain is the effect these technologies execute on modern workforce management. New research finds 63 percent of companies reshaping work. The views and opinions in this report represent those of ardent partners at the time of. Please click here to read our approach in these uncertain times. The ardent partners contingent workforce management framework has been. The state of contingent workforce management report will highlight the benefits of these solutions and how they fit into the contingent workforce program. Ardent partners developedrecently the industrys first known as the ardent partners model contingent workforce management frameworkto effectively describe and.
From procurement and management to indepth analysis of your freelancers or contractors, beeline works for you. In addition, 95% of organizations today perceiving their contingent workforce as important and vital not only to daytoday operations, but also to ultimate enterprise success and growth. Workforce logiq named bestinclass by ardent partners in 2020 msp solution advisor rankings. The contingent workforce is an increasingly important component of an integrated workforce strategy. We make it easy for small and large companies to onboard, manage and pay external workers in over 200 countries with just.
Global workforce management and intelligence provider recognized as one of the industrys most forwardlooking managed service providers msp. Ardent partners actively covers the supply management marketplace and produces research to help business decisionmakers understand 1 industry best practices and how to improve performance and 2 the technology landscape and how to identify the bestfit solutions for their specific needs. Ardent stechnology roundup returns today with another assortment of contingent workforce management cwm solutionprovider news and updates from the past month to share with our community. Dec 11, 2019 the dec 4 contingent workforce weekly podcast hosted by chris dwyer, vp of research for ardent partners featured a conversation with marc husain, managing director at vectorvms. At workforce software, we take a strategic, deliberate approach to global partnerships. The views and opinions in this report represent those of ardent partners at the.
When sap acquired fieldglass last year, it was a big deal, said chris dwyer, vice president of operations for ardent partners, an advisory firm in boston. Andrew bartolini is a globally recognized expert in sourcing, procurement, accounts payable, and supply management. Google, facebook and other tech titans are employing thousands of contract workers to keep official headcounts low and free up millions so they can hire talent in areas. New research finds 63 percent of companies reshaping work strategies to succeed in gig economy ardent partners report, cosponsored by sap fieldglass, tracks growth, evolution of. Workforce management in the cloud workforce software. The covid19 pandemics effects on the contingent workforce industry part two. Research firm staffing industry analysts reported that 18% of the workforce at large companies were contingent workers in 20 which has risen greatly from the 12% seen. Research report on the state of contingent workforce management. Announcing the state of contingent workforce management 2018 report. Learn what executives around the world have to say about the importance of their contingent workers such as independent contractors, freelancers and temporary staff. By one estimate from ardent partners consulting, nearly 60% of all contingentcontract labor is unaccounted for in financial planning, forecasting and budgeting within the average company.
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