Today, virtually every leading company worldwide (e.g., FORTUNE 500, Global 1000) uses non-employee workers to augment their labor force and make it more agile. In today’s on-demand economy, companies recognize the strategic advantages of an extended workforce and embrace the opportunities that today’s new real-time talent engagement strategies can deliver.
To support the pace and complexity of on-demand talent sourcing and management, organizations rely on powerful non-employee workforce solutions called Vendor Management Systems (VMS). A VMS not only automates tedious processes and increases operational efficiency. It also provides workforce visibility and turns massive amounts of data into the insight required to make strategic business decisions.