Statement of Work Management Service

Our Statement of Work facilitation service maximizes the potential of SOW contracting to improve outcomes, harnessing the gig economy to get projects done on time and on budget

What is a Statement of Work?

A Statement of Work (SoW) is a contract used to define project-specific activities, deliverables, and timelines for a service provider (i.e. vendor, contractor, agency, freelancer). SoW contracts are growing in their application because they offer organizations a contractual instrument that frames contractor remuneration based on the achievement of one or more project outcomes; this as an alternative to paying for hours worked with no liability on the provider to achieve results.

Through adoption of Statement of Work you:

1. Formalize the contractual relationship between two parties

2. Frame the deliverables in the form of a series of waypoints

3. Qualify remuneration and the associated payment schedule

statement of work process

Move to SOW contracting without the hassle

While moving to SOW contracting makes sense, sometimes the technology investments, implementation challenges and operational overheads can outweigh the advantages.  That’s where Workspend comes in.

At Workspend, we harness the advantages of Statement of Work contracting into joined-up service-led programs. Whether you’re looking for a completely outsourced turnkey plan or a modular approach, our flexible approach can help you achieve significant gains.  From the installation and configuration of modern cloud SoW software services through to ongoing contractual support and executive reviews, we’re there to help you every day to fully lever the potential of contingent workforce management and recruitment strategies. 

Benefits of our managed SOW approach

Adopt Faster

Our technology is designed on a ‘configure not customize’ approach cutting deployment time and cost

Mitigate Risk

Ensure compliance against regulatory frameworks

Reduce Admin

Simplify project oversight, cut admin overheads and demands on executives

Improve Efficiencies

..with faster time to hire by automating SOW creation, publishing, acceptance, etc.

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Control Costs

Reduce legal costs and time spent finding suppliers, formalizing contracts, etc.

Gain Visibility

Simplify project oversight, cut admin overheads and demands on executives

Why choose Workspend as your SOW partner?

Diverse supplier

Workspend is a woman-owned, minority-certified company. Partnering with us means 100% of your SOW investments qualify as Tier 1 spend.

Driving value

We manage, govern, and enforce the SOW processes to fully maximize their potential – with every project underpinned by our commitment to delivering value.

We supply the tech

Our modular programs embrace leading-edge tech solutions that add ease of use and maximum value for all of its users.

Tailored to fit

Through partnerships with leading workforce management software vendors, we provision the most suitable SOW solution to meet your needs.

Staffing Vendor? Become a Partner

Partnering with Workspend will bring you access to new business opportunities across our network of clients. We'll work with you to transform your business and refine your services. Rest assured, we’ll be on your side, helping your business to grow.