statement of work solutions from DCR

Statement of Work (SOW) Solutions

SOW, another acronym for another type of worker and another question as to what it means for your business. First ask yourself a couple of questions. Does your business now, or wish to in the future, engage in project-based work that is billed by deliverables, project milestones, schedules or fees? Do you wish there was more financial control of outsourced projects including upfront approvals, validations of accounting, and spend management? SOW facilitates the communication and tracking of project milestones, including changes in time and materials. If you recognize any of the terms mentioned or even if they just sound familiar, it’s time to talk to DCR. At DCR Workforce, we speak “SOW” and are confident that our Statement of Work (SOW) solutions can assist with all your related needs.

sow project management

Fluency - SOW with Ease and Accuracy

DCR offers a user-friendly tool as part of our Smart Track VMS (Vendor Management System) that makes SOW planning easy and efficient. We have demonstrated our SOW “fluency” by helping companies set up milestones and payment schedules based on those milestones for fixed price contracts. We have also helped them track resources attached to a project to ensure proper onboarding and systems access, even without having to be billable in the system. DCR’s SOW solutions help maintain a clear and consistent understanding of project deliverables, budgets, and timelines with:

  • Complete lifecycle from RFQ to SOW to fulfillment, including RFQ management from creation to evaluation to blanket contracts

  • The ability of multiple suppliers and multiple CWs to work on multiple SOW projects and have hours charged accordingly

  • Fixed price as well as time & material projects, with task orders, multiple deliverables, and sign off

  • Ease of tracking and reporting on non-billable services

  • Integration with project management tools with seamless synchronization of projects, phases, tasks as well as spend allocation, actual spend, and completion

dcr as an authority on sow

Mastery - DCR Is the Authority on SOW

Heard some of the above before? Maybe you already expect these processes and functionalities from a company claiming to speak the language of SOW. Well, we bet you haven’t heard how DCR Workforce has mastered Statement of Work solutions, including:

  • SOW that starts at sourcing with staffing professional (supplier) qualification and selection for specific projects based on their strengths

  • Multi-subproject enforcement of independent budget approvals while allowing total project costs to “roll up”

  • Managing resources on one project with multiple responsibilities, each with different rates

  • Handling payments on a different schedule than the deliverable with multiple payment line items

  • Multi-level approval processes and ad hoc capability

  • Ad hoc reporting that allows for client-customized report creation