Contingent staffing is a process that has been around for multiple years. Through the application of vendor management system (VMS) technology, the process of managing contingent staffing continuously improves. The ideal vendor management system (VMS) will combine tools that simplify or eliminate tactical processes while heightening the ability for an HR or procurement department to focus on strategy. In this report, learn how with a growing, pre-vetted network of talent at their fingertips, businesses can begin to reduce the turnaround time for filling the talent needs of their organizations.
- Learn how to assess the level of staffing and efficacy within procurement groups
- Read about profiling contingent labor programs by age, size, and distribution
- Understand more about the responsibility for contingent labor strategies and program management
Enterprise companies should consider developing and maintaining the means to accurately assess the quality of talent within their contingent labor programs, and then engage top performers with retention efforts. They should also adopt VMS solutions that can balance visibility and benchmarking capabilities with tactical, time saving features such as invoicing. If companies use the right technology, they can accelerate the timeframe of sourcing contingent labor to fill business needs, adding even greater flexibility to their programs.