What is SAP Fieldglass in SAP (BV-SRM - Brand Voice - Supplier Relationship Management)?

SAP Term: SAP Fieldglass

• Component: BV-SRM

• Component Name: Brand Voice - Supplier Relationship Management

• Description: Unified brand and portfolio of offerings for contingent workforce resulting from the acquisition of Fieldglass in May 2014 that help companies manage their entire workforce including contract workers and permanent staff. The signature SAP Fieldglass Vendor Management System includes cloud-based applications for external workforce management and services procurement. In 2018, SAP Fieldglass solutions connected customers with 6.2 million active external workers and more than 123,000 suppliers in over 220 countries and territories.

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• Key Concepts: 
  SAP Fieldglass is a cloud-based Vendor Management System (VMS) that helps organizations manage their external workforce and services procurement. It provides a comprehensive suite of tools to manage the entire lifecycle of contingent labor, from sourcing and onboarding to time tracking and payment. It also offers a range of features to help organizations manage their supplier relationships, including supplier performance management, supplier risk management, and supplier diversity management. 
  
  How to Use it: 
  SAP Fieldglass can be used to manage the entire lifecycle of contingent labor, from sourcing and onboarding to time tracking and payment. It also offers a range of features to help organizations manage their supplier relationships, including supplier performance management, supplier risk management, and supplier diversity management. Additionally, it provides tools for managing compliance with labor laws and regulations, as well as tools for managing the financial aspects of contingent labor. 
  
  Tips & Tricks: 
  When using SAP Fieldglass, it is important to ensure that all data is accurate and up-to-date. This includes ensuring that all employee information is accurate and up-to-date, as well as ensuring that all supplier information is accurate and up-to-date. Additionally, it is important to ensure that all compliance requirements are met when using SAP Fieldglass. 
  
  Related Information: 
  SAP Fieldglass is part of the SAP Business Suite for Supplier Relationship Management (BV-SRM). This suite includes a range of tools for managing the entire lifecycle of supplier relationships, from sourcing and onboarding to performance management and risk management. Additionally, it provides tools for managing compliance with labor laws and regulations, as well as tools for managing the financial aspects of contingent labor.