SAP Managed Service Provider Monument Consulting aims to transform the way companies harness talent and drive innovation. Recently, Monument Consulting was acknowledged for its exemplary contributions in this field by bagging the SAP Global Intelligent Spend and Business Network Partner Excellence Award 2023 for Managed Service Provider. This accolade underscores the critical role such partnerships play in enhancing intelligent spend and business network solutions.
SAP, a market leader in enterprise software, has cultivated a thriving ecosystem of partners that contribute to its goal of helping businesses run better. From managing supply chains to driving efficient procurement, SAP and its partners collaborate to offer solutions that empower organizations to innovate and grow sustainably.
Monument Consulting, a global MSP specializing in contingent labor programs and consulting services, has been a stalwart in this ecosystem since 2003. With a highly analytical team, Monument Consulting has crafted strategic approaches that stand unparalleled among MSPs. By utilizing a diverse range of models and collaborating with a trusted community of partners and suppliers, Monument Consulting ensures clients have transparency, control, cost-effectiveness, and compliance in managing their contingent workforce.
Strategic Partnership Between Monument and SAP
The relationship between Monument Consulting and SAP, particularly concerning SAP’s Vendor Management System (VMS) technology, Fieldglass, has been fruitful. Ryan Baker, the President of Monument Consulting, emphasizes the seamless collaboration between the two entities, attributing their success to the intelligent and efficient alignment of both teams in delivering optimal results for clients.
Monument Consulting’s partnership with SAP Fieldglass is deep-rooted. It serves as a member of SAP’s Global Partner Advisory Board and is a certified SAP Fieldglass Partner. Over the past five years, Monument Consulting has adeptly implemented more than 40 SAP Fieldglass solutions across various industries and regions.
The SAP Partner’s Role in Red Hat’s Success
Monument Consulting’s proficiency as an SAP Managed Service Provider was vividly displayed in its collaboration with Red Hat. Monument Consulting helped Red Hat deploy the SAP Fieldglass Contingent Workforce Management solution swiftly, within just three months. This integration has significantly enhanced Red Hat’s management of its contingent labor.
Red Hat, a leading provider of enterprise open-source solutions, sought a specialized, flexible, and adaptable workforce to maintain its industry position. The collaboration with Monument Consulting and SAP Fieldglass has also allowed Red Hat to augment the visibility and value of its contingent workforce, streamline hiring processes, and reduce costs.
A Testament to its Expertise as SAP Managed Service Provider
Claus Gruenewald, SAP’s Global Head – Partner Business, Intelligent Spend and Business Network, acknowledges the monumental contributions of partners like Monument Consulting. He also highlights that the award is a testament to a partner’s success and dedication in their respective fields.
The award was presented to Monument Consulting during the SAP Spend Connect Live 2023, a premier event bringing together professionals from procurement, external workforce, supply chain, and travel and expense solutions.
The recognition of Monument Consulting as a leading SAP Managed Service Provider further underscores the transformative impact such partnerships have on workforce management. By continuously evolving and aligning their strategies with technologies like SAP Fieldglass, MSPs are also poised to redefine the future of workforce management, ensuring agility, innovation, and sustainable growth for businesses worldwide.
