Companies utilizing a contingent workforce can save a considerable amount of time and money by implementing contractor cost tracking software. Many of these savings are on hard costs, leading to a direct reduction of the amount of money an organization spends each month on its contractors. Other savings are softer and pertain more to improving the way that an organization operates, increasing efficiency, and reducing waste. Both hard and soft costs are important for companies as they progress along the Automation Maturity Scale.

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