This is something of a “chicken or the egg” scenario – deciding whether an organization should embark first on a project to implement a vendor management system (VMS) tech platform or engage a managed services program (MSP) partner. In this third and final installment of the series, after having explored the benefits and challenges of both solutions, we’ll provide some insight on the proper order of operations. MSP first or VMS?
VMS? MSP? Which Solution is Best for Me? Part Three of a Three Part Series | Which Solution Should Be Deployed First?
Jun 13, 2019 12:21:22 PM
Jun 6, 2019 1:53:37 PM
In part I, we examined how to determine whether your company/organization is a good candidate for a VMS solution. This installment will take a similar look at whether your company is a good match for a managed services program for contingent workforce management. Here are a number of crucial questions to ask about your existing operations before deciding to deploy an MSP solution.
May 30, 2019 2:04:53 PM
Back in March, we published a post on the Top Four Considerations for Successful VMS Implementations. In the wake of that article, we were peppered with questions from prospective customers regarding how they can be certain that a VMS-only solution (a solution that does not incorporate an MSP) is the right prescription for their organization to manage their contingent workforce. After all, it makes sense to be sure the VMS is the right action before you consider what’s required to ensure a successful implementation. So here is some valuable perspective on how to determine if your company/organization is a good candidate for VMS-only solutions.
May 22, 2019 4:07:48 PM
With available talent scarce and staffing suppliers working harder than ever to source good workers in a low unemployment environment, the perennial question for workforce managers remains pertinent. How does one develop the best supplier partnerships to drive the greatest value and return? And how can an MSP help ensure your program is a priority for their staffing partners when those partners are being pulled in so many directions?
May 7, 2019 3:55:02 PM
Fielding a program of summer internships can be a fruitful endeavor yielding a pool of potential FTE (full-time equivalent) talent your organization can tap into in the future. However, it is not just as simple as offering internships and then sitting back and waiting. Not all summer intern programs are created equal. Done properly, there is a long-tail talent benefit. Done improperly, well, you’re just spinning your wheels. Here are some best practices for building and managing summer internship programs designed to foster future engagement.
May 3, 2019 12:52:48 PM
Diversity in contingent workforce management is a topic that has evolved in its significance over time. There is enormous value in pursuing a diversity strategy when building a workforce and when selecting staffing suppliers to participate in achieving broader workforce management goals. At the same time, there are many misconceptions about what is involved. This post will explore the common questions regarding the reasons for (and ways how to) field a diversity program within your workforce management practice.
Apr 26, 2019 1:29:12 PM
Like most medium to large size organizations, you likely already have a contingent workforce strategy in place. For many, this strategy relies heavily on staff supplementation/temp labor to plug gaps and accommodate times of peak business volume. More robust practices may include other worker types in their contingent mix like onsite independent contractors, project workers and SOW teams. However, many services procurement pros seem to shy away from utilizing freelancers working 100% by remote. Avoiding this type of arrangement is becoming a growing liability as this classification of worker is growing and your competition may already be enjoying the competitive advantages of using them. Here’s what you need to know about remote talent use and utilization.
Apr 15, 2019 12:36:07 PM
Is your withholding allowance set to withhold the appropriate taxes, ensuring your paycheck is accurate? This is a hot topic, especially this time of year for the thousands of associates who work for our clients via our employer of record solution. Read more in this nextSource blog to ensure your 2019 withholding is correct.