The Independent Workforce: A New Vein Of Opportunity for Spend Visibility and Savings?

New opportunities for spend visibility, analysis, and savings are emerging in an unlikely place: the fast-growing category of independent worker. Today, while the independent workforce category represents only a small fraction of total spend under program management, much of the actual spend is rogue. Freelancer management systems (FMS) are bringing more of this spend under management, enabling visibility into into independent workforce spend and helping to contain compliance risk.This paper maps out a path to new spend visibility and potentially significant cost savings.