Integrating your Vendor Management System (VMS) into an Evolving Program

Outsourced Workers are service workers contracted through a supplier who have been hired to perform a specific function outside of your organization’s core business. A few examples include facilities management, janitorial services, food services, and security services. Companies have found that they have measures in place to track and manage their full-time and contingent or temporary staff, but due to various and inconsistent tracking methods of their Outsourced Workers, it has created inaccurate headcounts and ultimate security risks across their organizations.

Learn how you can build a business case for managing your Outsourced Workers. We’ll provide tips on how to manage internal relationships to ultimately get buy-in to alleviate risk to your organization today.

Outsourced Workers provide services outside of the core competencies of an organization that are generally not time constrained. These services are usually bound by Master Service Agreements (MSAs) between the client and the supplier, and may include lawn maintenance, janitors, security guards, dining services, and more. Does your organization have a simple and streamlined way of tracking its service workers? If asked today to provide a list of all non-FTE workers who have access to your intellectual and physical property, could you provide that? Does your organization have a consistent onboarding and offboarding process for service workers?

Companies have found that they have measures in place to track and manage their full-time and contingent or temporary staff, but due to various and inconsistent tracking methods of their Outsourced Workers, it has created inaccurate headcounts and security risks across their organizations. Because companies are working with more service workers than ever before, Beeline’s Outsourced Workers solution can ensure those service workers are being properly on- and offboarded. This webcast will educate you on Outsourced Workers and what your organization can do to gain visibility while minimizing risk.

Many organizations are experiencing unprecedented growth in the management of their contingent labor programs. During this session, we will explore one organization’s approach to the management of the evolving program. Microsoft will plan to discuss the importance of the VMS partner in the expansion of the different types of contingent labor and the expansion into other geographies. This session will include Microsoft’s experience, the good, the bad, and the ugly including lessons learned and the importance of a strong VMS partnership.

You will learn:

* The Challenges You Can Expect When You Expand Scope
* The Challenges You Can Expect When You Expand Geographically Across the Globe
* The Strategy for Managing Change Through an Evolving Program
* The Strategy for Supporting a Global Program
* The Strategy for Approaching a Global Expansion

More and more organizations are relying on the use of contingent and project-based labor to complement their permanent workforce. The increased use has stemmed from a variety of factors including economic uncertainty, skill shortages, and individuals choosing to enter the workforce through alternative methods. With the upward trend of contingent and project-based labor usage and regulatory changes across the globe, it is imperative that organizations have full visibility into all classifications of their workforce.

This webcast will explore the evolution of Vendor Management Systems (VMS) and current trends associated with the Vendor Management System. Simply put, VMS is the software that automates the hiring process of contract workers. It is often an Internet-enabled, Web-based application that helps to manage and procure staffing services from requisition to billing and reviewing. Most VMS tools are delivered through a software-as-a-service (SaaS) model. VMS tools provide significant improvements in reporting and analytics capabilities that far outperform manual systems and processes. VMS tools are typically operated externally by an MSP (managed service provider), by the VOP (vendor on premise) or internally within an organization by a VMO (vendor management office).

A VMS is implemented to reduce costs, enforce policy and improve the quality of contingent and project based labor programs. You will discover how the workforce is changing across the board in terms of demographics, headcount, strategy, and cost management. Learn how your contingent labor can be divided into four key areas to better help manage your workforce. In this webcast, you will review the different improvement models and discuss how to begin building a business case.

What Influences Contract Talent Usage?

Meet Volatility in the Market with Flexibility in Human Capital Strategy

Typically companies rely quite heavily on contract labour, especially in IT. The traditional commercial model utilised by buyers is to streamline the supply base in return for reduced margins from the agencies. But does this model give you access to the best candidates and how do you know if you are paying the right rate? This presentation will discuss an alternative way of managing contract labour using a combination of technology and service that allows greater access to candidates and better information on market rates.

The speakers will discuss in further detail:

- Vendor Neutral Managed Service Programs
- Vendor Management Software (VMS)
- Rate Card Benchmarking

This webcast will explore the evolution of Vendor Management Systems (VMS) and current trends associated with Vendor Management Systems. A VMS is a software application that automates the process of procuring, managing and analyzing contingent and project-based labor. A VMS is implemented to reduce costs, enforce policy and improve the quality of contingent and project based labor programs. During this webcast, attendees will learn the following:

Common industry terms
Current trends
Evolution of the Vendor Management System
Why organizations implement Vendor Management Systems
The benefits of implementing a Vendor Management System
The standard industry models

This webcast has been approved for 1.0 General credits through HRCI