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Author: NHDAdmin

Why should you care about blue-collar contractor trends? This is part 2 of our series which delves into five emerging trends asset-intensive companies can expect from their contractor workforce in 2024.  In Part 1, we highlighted the first two trends which touch on the following: Global contractor shortages are driving up costs and reducing quality.The elimination of degree requirements by companies outside the asset-intensive space acting as an indirect...

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IntroductionIn today’s rapidly evolving industrial landscape, companies are increasingly relying on a diverse network of contractors to manage complex projects and maintain critical infrastructure.However, the traditional methods of managing these contractors, which often rely on manual processes and outdated systems, are no longer sufficient to keep pace with the demands of modern industry. Time entries, service sheets, billing documents, and assignment tracking, and critical reporting are...

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When it comes to contractor engagement and management, invoicing is a significant focal point for contractors and their business contacts alike. Our conversations with numerous companies consistently reveal a common thread: invoicing stands out as a substantial source of frustration and inefficiency for both internal staff and external suppliers. However, it's crucial to recognize that this invoicing pain often signifies deeper fractures within the broader contractor engagement...

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Why should you care about blue-collar contractor trends? As we are well on our way into 2024 there are now several dozen articles on the major employment trends that are likely to impact the market this year.  Many of the articles available examine the trends for direct labor (i.e. full or part time hires to a company), contingent labor (i.e. staff augmentation), and/or service workers (i.e. white-collar workers)...

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Can Savings Shift Their Shape?In today’s highly digital world, chances are pretty good that you have at some point been impacted by or actively participated in a software implementation or update.There are many reasons why companies choose to acquire or update their existing software, one of the greatest being the potential cost savings tied to making the changes. Acquiring new software or making upgrades can...

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Going Back to the Basics of Procurement SoftwareWhat is your procurement software legacy? Have you considered that the software decisions you make today, from the acquisition to the modifications, can have lasting impacts on the long-term success of your company? If you are like most professionals, you probably haven’t given deep thought to the legacy you are leaving behind as it relates to your procurement software...

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/*! elementor - v3.15.0 - 09-08-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}Contractor Procurement: Going Global? Managing a global contractor program in an asset-intensive industry comes with a high degree of complexity and is regularly impacted by outside forces that affect how business is conducted. Some of the unique forces that shape and create changes in global asset-intensive contractor programs, such as those in Oil &...

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/*! elementor - v3.15.0 - 09-08-2023 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} /*! elementor - v3.15.0 - 09-08-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}A Perspective on Turnkey Projects in the Oil and Gas Production Sector /*! elementor - v3.15.0 - 09-08-2023 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=".svg"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Introduction Oilfield services companies play a critical role in supporting the oil and gas exploration and production sector, providing essential expertise, equipment, and services to enable...

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/*! elementor - v3.13.2 - 11-05-2023 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}It may seem counterintuitive to rush out and purchase software in financially challenging times. However, investing in the right software solutions during all these challenges can be a strategic move that yields long-term benefits for businesses. By leveraging technology to optimize processes, improve management, and stay competitive in a rapidly evolving market, businesses can position themselves for growth...

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/*! elementor - v3.8.1 - 13-11-2022 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));-ms-flex-item-align:stretch;align-self:stretch;-ms-flex-negative:0;flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} May 4, 2023BearingPoint and NHD are pleased to announce a strategic partnership that will help companies maximize the impact and return on their contractor workforce management.Ralf Dillmann, Partner with BearingPoint, and Dietrich Pankratz, Managing Director with NHD, participated in a Q&A to provide more details about this new partnership. What do your companies do? Dietrich:NHD is a software company which...

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