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..

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The leading strategy companies use to manage their contingent workforce is a vendor management system (VMS).
Staffing Industry Analysts

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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!
Interested in learning how Beeline can help power your contingent workforce program? Contact Beeline today.