A Vendor Management System (VMS) for the Oil & Gas Industry
Today’s energy and natural resource industries, including oil, gas, and electricity production and transmission companies, depend heavily on a workforce composed of up to 80 percent contractors and contingent workers.Along with small cadres of direct employees, these contingent workforces help energy companies manage their fixed costs while adapting quickly to dramatic market changes. To manage this extended workforce, industry leaders turn to vendor management systems (VMS) and managed services providers (MSPs). These technology and service solutions not only automate the contingent staffing process. They source and manage all types of talent and employ sophisticated workforce analytic tools to turn program metrics and other data into business intelligence their energy clients can apply to make better workforce decisions.
Using a contingent workforce enables energy companies to employ workers wherever and whenever the need arises, anywhere in the world. Often companies need unique skills that are not readily available in every location and geography, so specialist skills need to be imported, often for a defined period of time. The best way to do this is with a nimble, on-demand workforce of contractors or contingent workers.
Valuable as this workforce can be, each worker and the process by which they are engaged must be properly managed. Mistakes in the energy industry can be highly visible and very expensive. If something goes wrong, it can be catastrophic for the company’s reputation, its workers, its shareholders, and for the environment.
This is why so many energy companies, including America’s three largest vertically integrated oil and gas providers, have chosen VMS solutions from Beeline to source and manage their contingent workforce.
It is important that you have peace of mind knowing you selected a partner that is with you every step of the way, from the security of your data to the success of your program.
For this reason, we invest more than any other VMS provider in our state-of-the-art data centers and premium application architecture. At Beeline, this dedication goes beyond our internal practices. Our technology partners are recognized as leaders in application security testing, endpoint protection, and analytics reporting.
Our clients have peace of mind knowing that Beeline follows the industry’s recommended best practice guidelines for high volume, high availability systems.
Many oil & gas organizations depend on Beeline to facilitate the management of their contingent workforce programs. From job requisition to job completion, from temporary staffing to complex, statement of work-based services, Beeline streamlines the entire process, allowing our customers to:
Improve business intelligence through analytics and forecasting
Provide real-time cost benchmarks across skill sets and geographical scope
Increase compliance through better categorization of workers
Reduce costs through the elimination of rogue spending
Find skilled talent faster and more easily through Direct Sourcing and talent pools
Improve the quality of contractors and staffing suppliers
Interface with existing IT infrastructure
Consolidate billing and improve invoice accuracy
Contractors and contingent workers not only comprise up to 80 percent of energy Industries’ workforce. For many companies, this means that 80 percent or more of Health, Safety, and Environment (HSE) risk can be hidden in this non-employee workforce as well.
Beeline’s research shows that HSE analytics are essential to measuring and mitigating supply chain risks related to contractors —and Beeline knows how to make those analytics available.
For companies required by U.S. or international regulatory agencies to report Tier 1 and Tier 2 contractor incidents and regularly capture other leading and lagging indicators, Beeline’s SmartView® analytics and Scorecard functionality can help you manage your asset integrity and HSE programs.
Some energy companies seek software-as-a-service (SaaS) solutions where data is hosted within Europe, closer to their operations and covered by European data protection and privacy laws. We are sensitive to our international clients’ concerns. We offer state-of-the-art hardened data centers in the United States and Europe to meet the needs and standards of global energy companies.
Our global reach is unmatched by any other VMS technology provider. Beeline’s offices throughout North America, Europe, Asia and the Pacific provide fully localized support in more than a dozen languages and nearly 100 countries. We have a deep understanding of the laws, regulations, financial and reporting requirements within the geographies where we and our customers do business.
When selecting a new Vendor Management System (VMS) partner, minor differences in functionality and service offerings can have a major impact on your programs success.
Analytics: Your program data is a treasure house. Beeline’s award-winning workforce analytics will unlock it, to help you make better, more strategic staffing decisions.
Security: You need peace of mind, knowing your data is secure. Protecting our clients’ data is our highest priority. You can be confident with Beeline that your data is secure.
Stability: A financially secure and stable VMS partner focused on innovation is your best assurance that your contingent workforce program will give you a sustainable competitive advantage.
Global Expertise: To implement your program internationally, you need both global and local expertise. We support successful programs in more than 120 countries, providing a deep understanding of local laws and business practices.
Customer Support: You need and deserve more than a 24-hour help line. With Beeline, you can depend on unparalleled strategic and operational support to ensure your success throughout your program’s lifecycle.
Scalability: As your contingent workforce needs change, your VMS partner should already one step ahead. We make technology that adapts to your business needs, instead of forcing your business to fit our technology.
Innovation: You need a partner that understands how workforce trends and technological innovation intersect. We get it, and the result is customer-centric innovation that gives you a competitive edge.