Nétive SOW

Control over outsourced work with Nétive SOW

Statement of Work in Netive VMS

There is a shift and an amplified appetite for organisations to incorporate the use of Statement of Work (SOW) as a complementary method of engagement. Its core benefit is that an SOW is used to address and ensure specific projects and tasks are fulfilled against agreed value for money and qualitative measures. As the global market stabilises and recovers from the impacts of COVID, we are seeing a rise in interest of Contingent and SOW workers and resources; representing a significant shift again towards task based hiring and recruitment.

The Nétive mission statement is centred around ‘closing the gap’ across permanent, non-permanent and SOW – providing a level playing field across all human capital domains. Through our agile and component based architecture, we combine applicant tracking (ATS), Vendor Management (VMS), Statement of Work (SoW) and Freelancer Management (FMS) in one truly integrated solution. We see an increased demand for the use of SOW, whereby organisations are able to acquire talent when needed, and remove the bottom line cost when the skills are no longer required. It is a specialised hiring mechanism which, when executed properly will allow organisations to approach their hiring programmes with a greater level of agility, remaining flexible to the needs of their business and customers.

The aim of Nétive SOW is to allow our customers and partners to manage the ever demanding changes of their labour markets, by enabling a compliant end to end mechanism as part of their procurement or management of Statement of Work projects and resources.

Our dedicated SOW module is divided into two layers of functionality:

  • Worker Management
  • Project Tracking

Phase 1; Worker Management

Our aim within Worker Management module is to provide a continuous level of visibility and control over Statement of Work and all related resources, and we see this visibility as critical in allowing any sense of progression within Statement of Work more generally. Statement of Work itself poses a minefield of compliance and regulatory risks, therefore having visibility in order to create indicative reports, or to identify areas of risk that demand attention is critical. Often, the level of visibility available to the business is lacking, and this can expose the company to risks that they are not always aware of. Our global customers can be impacted by legislation and regulations that apply to their third stream of employees – further intensified by the impending IR35 legislation.

With the SOW Worker Management module you are able to comprehensively manage the compliance across the chain of contracted and subcontracted workers and resources. Employee data, supplier chain tracking, on/off boarding and digital file documentation are aspects of SOW supported by this module. After a project has been recorded, the contracted party or contract owner of the project can register themself and register their employees. In case of subcontractors, secondary suppliers or independent freelancers, the main contract owner can register all subcontractors and request them to register their personnel themselves.

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Phase 2; Project Tracking

Project Tracking is the second phase of Nétive’s SOW module and acts as a natural development from Worker Management. Project Tracking naturally incorporates all of the compliance and registrative functionality within Worker Management. The solution enables the end to end process for managing Statement of Work resources and projects, incorporating full compliance management.

Within Project Tracking, outsourced projects can be recorded and tracked centrally. Contract agreements, progress monitoring, budget approval, quality control and invoicing are aspects of SOW that are supported by this module. A registered project can be supplemented with milestones, deliverables or other work items that need to be tracked. Also the delivery or receipt of these work items can be recorded. By means of a flexible approval process a delivered work item can be checked before it is finally approved. Approved work items can then be invoiced from the system in a variety of ways, and off-boarding is also managed. Extensive reporting and analytics provide a continuous overview of the status, progress and budget of all projects.

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