VMS System Value Realization Framework

Leveraging a contingent workforce—along with tools and technology to manage it—is imperative to meeting your global business objectives. But are you realizing the full value of your program and your Vendor Management System (VMS)?

Your VMS has you on the right track. But are you achieving the full potential of your VMS and managing your extended workforce program for optimal business outcomes? Our Strategic Solutions team offers value-added services that can help you improve processes, mitigate risk, and significantly reduce your program costs.

According to research and advisory firm Ardent Partners, the typical organization only maintains visibility into 45% of its overall contingent labor spend. And nearly 60% of all contingent labor is unaccounted for in financial planning, forecasting, and budgeting.

Our Value Realization Framework assessment brings together your key program stakeholders in a facilitated workshop. Together, we will measure and assess the value delivered by your contingent workforce program deployed on your VMS. Deliverables from this assessment include:

  • Program assessment based on data aggregation
  • Identification of program strengths and gaps
  • Opportunities to leverage best practices from our client community
  • Program enhancement action plan
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