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Statement of Work Full Life Cycle

Statement of Work
Full Life Cycle

Gain visibility over your entire SOW spend

Gain visibility over your entire SOW spend

Are you achieving all potential cost savings?  Are you driving competitive rates for your project? Our Full Life Cycle SOW solution is modular by design, allowing you to choose components to support your key goals.

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The Statement of Work Life Cycle

From the initial request through completion of the project, the components of our SOW full lifecycle solution include:

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Advise

Provides guidance and insight into selecting the optimum sourcing channel for the work

Source

Source

Provides control and analytics needed to set, manage and enforce the organizational rules for project scope, spend, compliance and expenditures

Create

Create

Performs negotiations to finalize the SOW; complete the SOW per company policy and oversee execution and setup for tracking

Manage

Manage

Provides visibility, compliance and administrative support with resource on-/off-boarding

Performance

Performance

Provides actionable insight and transparency into the SOW process, from sourcing channel selection to project closure

"TAPFIN's SOW solution delivers an easy-to-engage, scalable, and centrally managed program supporting cost savings through transactional visibility, supplier performance scorecarding, reporting, and analytics."

— HEAD OF PROCUREMENT, GLOBAL FORTUNE 500 COMPANY

Insights and Case Studies

Access related content, including examples of how TAPFIN has helped organizations improve the efficiency and effectiveness of their contingent workforces.

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