Frankfurt — 01/13/2022 — Vicoland GmbH today announced that Vicoland: Smart Marketplace for Efficient, Secure SOW Projects is now available on SAP® Store, the online marketplace for SAP and partner offerings. Vicoland’s platform solution integrates with SAP® Fieldglass® solutions and delivers cost-efficient, high-quality professional services to customers.
Hans-Ulrich von Freyberg, CEO of Vicoland, commented: “Through our SAP partnership and the availability of our offering on SAP Store, we are opening up a new dimension in services procurement for businesses using SAP Fieldglass solutions. We now offer customers the opportunity to purchase projects and statement-of-work services within the framework of their established processes in a particularly cost-efficient and flexible manner. The partnership also affirms the fundamental innovation that Vicoland represents for the professional services sector, bridging the gap between the human cloud and enterprises.”
With Vicoland’s solution integrated with the SAP Fieldglass solution, enterprises can now purchase services from Vicoland’s virtual companies, or “Vicos” for short. Vicos are freelance teams legally enabled to act like real companies by the organizational, legal and financial infrastructure of the Vicoland platform. Vicos can offer, contract, and implement projects on an enterprise level in the same way as traditional firms. At the same time, Vicos are cost-effective as there is no overhead. Also, thanks to their freelance composition they are particularly flexible. Vicos outperform traditional professional services firms in cost (on average 30% less) and time from RFP to offer (on average 70% less).
Therefore, clients use Vicoland’s Smart marketplace, especially on projects with high budget and time pressure. The quality and stability of Vico teams are ensured through peer-to-peer recruiting. In addition, Vicoland’s innovative legal model offers effective protection against worker misclassification. Through the solution’s integration with the SAP Fieldglass solution, it opens up new possibilities for enterprises in the procurement of professional services.
SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 1,800 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.
Vicoland is a partner in the SAP PartnerEdge® program. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.
Since 2020, Vicoland operates a digital marketplace on which companies buy professional services projects from so-called Vicos (Virtual Companies). Vicos’ service portfolio encompasses all digital service areas, ranging from IT to creative and consulting. Vicos are consortia of freelancers, enabled by Vicoland’s organizational, legal and financial ecosystem. Vico members are top experts experienced in working together. They use the Vicoland platform to structure and manage their work internally as well as with clients. Vicoland is the first commercial tool enabling enterprise clients to engage with freelance teams in the same way as they do with traditional suppliers, however more flexibly and cost-efficiently. Currently, more than 250 Vicos operate internationally on the platform. Their over 4,000 freelance members come from more than 35 countries.
Further information: https://www.vicoland.com
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For more information, please contact:
Head of Business Development
+49 69 / 97269 2772