The challenge
Cognizant is a global information technology (IT) services company that helps companies modernize technology, re-imagine processes, and transform experiences to achieve a competitive advantage. In 2024, it was named one of Wall Street Journal’s “250 Best-Managed Companies” and recognized for its leadership in developing, assessing, and deploying artificial intelligence (AI) systems in a safe, trustworthy, and ethical way.
To support its diverse global client base, Cognizant relies on the skills and experience of more than 336,000 employees. In addition to its permanent workforce, Cognizant depends on an agile workforce of more than 17,000 external contractors with specialized skills to give the company the flexibility it needs to meet its clients’ digital transformation challenges.
In 2016, Cognizant selected the IQ Navigator (IQN) vendor management system (VMS) to automate its contingent workforce management. IQN merged with Beeline, and in 2021 Cognizant upgraded to Beeline Enterprise VMS.
Through the years, Beeline has developed innovative solutions to meet Cognizant’s expanding needs. One of those recent needs was a way to reduce contingent staffing costs by automating a tenure rate amendment program between Cognizant and its most important staffing suppliers.