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Deployed Market

Consulting Marketplaces

Aug 5, 2024
3
min read

Deployed is a decision and document intake platform – built for services procurement and external talent for projects that start smarter and finish stronger.

Deployed increases the use of Consulting Marketplaces with built-in decision making, guiding the brief or the request to the most productive fulfilment channel, automatically posting a brief into the bidding process within a Marketplace.

As an intake and digital drafting platform, our universal connector integrates into all of your existing management platforms. Our proprietary presignature® technology replaces Word and uploading to make marketplaces 10x better for bidding and management. Forget clunky Word document templates and re-keying data into your systems, Deployed is the leading platform that offers a user-friendly and visually appealing approach to requests and drafting that requires no training and gets fast adoption.

Deployed’s unique features:

·      Incredible consumer grade interface for easy writing

·      AI used for better writing for clear project documentation

·      Searchable scope libraries written by leading experts

·      Fulfilment channel libraries for the right supply choices

·      Benchmark data from $250B+ services spend

·      Fully integrates into and enhances all management platforms

Deployed’s Digital Intake and Drafting enhances Consulting Marketplaces.

Consulting Marketplaces are a type of fulfilment channel. They are used for approximately 2% - 3% of all services spend within Enterprises (the rest via Preferred Suppliers). A requirement is uploaded via Word into the platform, with sourcing used to select suppliers.

Deployed replaces Word and uploading, by allowing an Enterprise to create a single front door for all services procurement and talent requests, creating a brief for all services whether they are bid or not. Work that is bid is then sent directly to the Marketplace.

Current way of working Upload requirements from a Word Document
Integration with Deployed Decisions made in Deployed that result in the choice of a marketplace fulfilment channel are routed to that channel
Competition Other resource vendors, consultants
Economic Buyers Procurement, project management
Market Size Expert Networks market size was valued at USD 2.2B in 2022 and is expected to expand at a CAGR of 18.06% during the forecast period, reaching USD 6.1B by 2028.

The global Freelance Platforms market size was valued at USD 4.9B in 2022 and is expected to expand at a CAGR of 15.5% during the forecast period, reaching USD 11.7B by 2028.

The global consulting services market size was valued at USD 343.47B in 2022 and will grow at a compounded annual growth rate (CAGR) of 7.56% to reach

Where do Consulting Marketplaces sit in your tech stack?

Consulting Marketplaces are a downstream delivery platform with most features post-signature. Deployed’s presignature® features therefore fit perfectly into your tech stack.

What is a Consulting Marketplace?

Consulting Marketplaces are digital platforms designed to connect businesses with freelance consultants and expert advisors. These platforms facilitate the process of finding, hiring, and managing consultants for various business needs, ranging from strategic planning to specialised industry advice.

Consulting Marketplace Key Features:

1. Consultant Discovery and Matching:

  • Allow businesses to find consultants based on expertise, industry experience, and project requirements.

  • Use algorithms and AI to match businesses with the most suitable consultants.

 

2. Project Management:

  • Provide tools for managing project timelines, deliverables, and milestones.

  • Facilitate communication and collaboration between businesses and consultants.

 

3. Contracting and Payments:

  • Simplify the contracting process with built-in contract templates and e-signature capabilities.

  • Manage invoicing, payments, and financial transactions securely within the platform.

 

4. Performance Tracking and Reporting:

  • Offer features for tracking consultant performance and project outcomes.

  • Generate reports and analytics to evaluate project success and consultant contributions.

 

5. Collaboration and Communication:

  • Provide integrated communication tools such as chat, video conferencing, and document sharing.

  • Enhance collaboration through shared workspaces and real-time updates.

 

Consulting Marketplace Value Proposition:

1. Access to Expertise:

  • Connect businesses with a global pool of consultants and experts.

  • Provide access to specialised knowledge and skills that may not be available in-house.

 

2. Cost Efficiency:

  • Reduce overhead costs associated with hiring full-time employees.

  • Offer flexible pricing models, including hourly rates and fixed project fees.

 

3. Scalability and Flexibility:

  • Scale consulting resources up or down based on project needs.

  • Enable businesses to engage consultants for short-term or long-term projects.

 

4. Improved Project Outcomes:

  • Ensure high-quality deliverables through performance tracking and expert matching.

  • Enhance project success rates with experienced consultants.

5. Streamlined Processes:

  • Simplify the process of finding, hiring, and managing consultants.

  • Automate administrative tasks such as contracting and payments.

 

Example Leading Companies:

1. GLG Insights

2. Upwork Enterprise

3. Globality

4. Catalant

5. AlphaSights

These platforms are designed to enhance the efficiency, visibility, and compliance of consulting engagements, helping organisations manage their projects and consultant relationships more effectively. They provide the tools and insights needed to drive efficiency, reduce risks, and enhance project outcomes.

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Work begins before it starts®

Contact the team at Deployed to get more information about learning, automation, or platform demos.

Work begins before it starts®

Contact the team at Deployed to get more information about learning, automation, or platform demos.

Work begins before
it starts®

Contact the team at Deployed to get more information about learning, automation or pilots.