Managing a contingent workforce is not always an easy task. There are a lot of moving parts, and sometimes things fall through the crack. When that happens, it can cause a lot of problems before issues are discovered. This is why a Vendor Management System can benefit your company. VMS solutions increase transparency and visibility for everyone affected by the contingent workforce. Here are just a few ways a VMS can improve visibility and transparency.
A Single, Reliable System
Many businesses have struggled in the past with implementing multiple systems, all intended to make things easier, but they only dilute the work and messages. With a VMS in place, everything is in one system to allow for all aspects of hiring, onboarding, and contingent workforce management to come from a single reliable system.
Tracking and Management
A VMS will also automate processes, ensure compliance, and improve transparency. That means tracking and managing contingent workers from anywhere in your business is as easy as connecting to a single system. Detailed reporting helps businesses better understand the data behind their workflow and allows for improvements to be made in real-time.
One of the biggest challenges in working with a contingent workforce is the breakdown in communication that can happen whenever multiple parties are responsible for various aspects. With a VMS, everything is centralized. Information is input into the system and available for everyone who has access. This greatly improves communication and prevents important details from being lost in the cracks.
Finally, for all of these reasons and more, a VMS offers accountability for everyone who touches the contingent workforce. Accountability is not only about improved communication but also about compliance and ensuring that nothing that happens onsite or off is missed. A VMS offers increased accountability for people at all levels including recruitment, management, and workers.
Is a VMS right for your business?
Anserteam Workforce Alliance represents North America’s very best staffing agencies aligned together to deliver world-class workforce management solutions. We offer end-to-end talent services that can be customized for any size business, utilizing our Managed Services Provider (MSP) model and Vendor Management Solutions (VMS) technology. Is your organization seeking a WBENC-certified diversity partner to provide measurable results and substantial cost savings? Contact us today.