Blog
Deployed Market

Workforce Management Platforms

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 enhances Workforce Management platforms by automatically posting all personnel data from a Statement of Work into tracking, timesheeting, and named fields, with no need to re-type into those systems.

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 Workforce Management Platforms 10x better for reporting 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 Workforce Management Platforms.

Workforce management platforms manage the people contained within contracts and the things they do within those agreements. This starts with an uploaded Word document that is then re-keyed into the Workforce Management Platform.

Deployed replaces Word and uploading, by integrating directly into Workforce Management Platforms for management by sending the relevant personnel details into the workforce platform.

Current way of working Upload Word Document
Integration with Deployed All personnel data contained within digital SoW in Deployed are integrated directly into the downstream system
Competition Contract Management
Economic Buyers Procurement and HR
Market Size Global Workforce Management market size was USD 9.42 billion in 2023, calculated at USD 10.53 billion in 2024 and is expected to reach around expanding at a CAGR of 11.56% from 2024 to 2034
Overlap Significant Overlap with ERP, Contract Management, and Sourcing Platforms

Where do Workforce Management Platforms sit in your tech stack?

Workforce Management Platforms are a downstream platform with most features post-signature. Deployed’s presignature® features therefore fit perfectly into your tech stack.

What is a Workforce Management Platform?

Extended Workforce Management Platforms are designed to manage and optimise the use of external or contingent workers, including freelancers, contractors, consultants, and service providers. These platforms provide tools for sourcing, onboarding, managing contracts, tracking performance, and ensuring compliance, thereby enhancing the efficiency and visibility of extended workforce operations.

Workforce Management Main Features:

1. Sourcing and Procurement:

  • Facilitate the sourcing of contingent workers and services.

  • Manage requests for proposals (RFPs) and vendor selection processes.

 

2. Vendor Onboarding and Registration:

  • Automate the onboarding process for new vendors and contractors.

  • Collect and store vendor information, compliance documents, and certifications.

 

3. Contract Management:

  • Create, negotiate, store, and manage contracts with vendors and contractors.

  • Monitor the entire contract lifecycle from initiation to renewal.

 

4. Workforce Management:

  • Track and manage the deployment of contingent workers.

  • Monitor worker performance and project progress in real-time.

 

5. Time and Attendance Tracking:

  • Track contingent worker clock-in/clock-out times, breaks, and overtime.

  • Integrate with mobile apps and web portals for accurate time tracking.

 

6. Compliance and Risk Management:

  • Ensure vendor and contractor compliance with regulatory and corporate policies.

  • Conduct risk assessments and manage vendor-related risks.

 

7. Financial Management:

  • Handle invoicing, payments, and financial transactions with vendors.

  • Track budgets and expenses associated with contingent workforce engagements.

 

8. Analytics and Reporting:

  • Generate detailed reports and analytics on vendor performance, spend, and compliance.

  • Provide insights to optimise vendor management strategies and decision-making.

 

Workforce Management Value Proposition:

1. Enhanced Efficiency:

  • Streamline and automate extended workforce management processes, reducing administrative burdens.

  • Improve the speed and accuracy of sourcing, onboarding, and managing contingent workers.

 

2. Cost Savings:

  • Optimise procurement and workforce management to reduce costs.

  • Identify cost-saving opportunities through detailed spend analysis and performance tracking.

 

3. Improved Compliance and Risk Management:

  • Ensure adherence to labour laws, regulations, and corporate standards.

  • Mitigate risks associated with contingent workforce engagements.

 

4. Better Vendor Relationships:

  • Foster better communication and collaboration with vendors and contractors.

  • Enhance transparency and accountability in vendor relationships.

 

5. Data-Driven Decision Making:

  • Leverage analytics to make informed decisions about vendor performance and workforce management.

  • Gain insights into procurement and workforce trends to drive strategic initiatives.

 

Example Leading Companies:

1. Beeline

2. Workday VMS

3. SAP Fieldglass

4. VNDLY

5. Coupa Contingent Workforce

Extended Workforce Management Platforms are crucial for organisations looking to optimise their contingent workforce operations, enhance vendor relationships, and ensure compliance with regulatory standards. By leveraging these platforms, businesses can achieve greater efficiency, cost savings, and improved overall performance in managing their extended workforce.

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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.