checklist
Beeline Professional checklist: Is a VMS right for you?
Companies use contingent labor for many reasons.
They may want to become a more agile business, have difficulty finding permanent talent, or need to align projects with talent for better business out comes. A VMS provides companies the functionality needed to manage this contingent labor..
The leading strategy companies use to manage their contingent workforce is a vendor management system (VMS).
Walk through this simple checklist to determine if a VMS is right for you.
| YES | NO | ||
|---|---|---|---|
| 1. | Do you know how many contingent employees are working for your company right now? | ||
| 2. | Do you know which contingent employees are hourly workers and which are statement of work (SOW)-based contractors? | ||
| 3. | Do you know if you are paying more than other companies in your industry for the same or similar skills? | ||
| 4. | Do you know which of your staffing suppliers delivers qualified candidates fastest? | ||
| 5. | Are all of your non-employee workers properly classified? | ||
| 6. | Do you have a consistent, automated process for onboarding/offboarding workers across your organization? | ||
| 7. | Do any of your former contractors still have access to your facilities, networks, or intellectual property after they have completed their assignments? | ||
| 8. | Does everyone in your organization follow all applicable laws, regulations, and policies for hiring contingent workers and contracting for outsourced services? | ||
| 9. | Do you have the data to determine which staffing suppliers and contractors consistently perform best and deliver the greatest value? | ||
| 10. | Can you provide data-driven insight to help your company make better strategic staffing decisions and gain a competitive advantage? |
If you answered “No” to any of these questions, a VMS may be right for you.
If you answered “No” to ALL of these questions, a VMS is essential now!
If you answered “No” to ALL of these questions, a VMS is essential now!
Interested in learning how Beeline can help power your contingent workforce program? Contact Beeline today.