Managing Contingent Workers Across Lifecycle Stages

PRO UnlimitedBy PRO Unlimited 2 months ago
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To envision what the typical contingent workforce manager is up against, consider “Company A,” a retail business that employs 500 contingent workers. In addition, it’s pulling in several times that many prospective contingent workers from various sources. Now toss in multiple tasks each manager must complete, and it’s easy to see how overseeing a contingent workforce could prove overwhelming, sucking valuable time and resources away from other important tasks.

Let’s take a look at this scenario and how a cutting-edge vendor management system (VMS) solution such as PRO Unlimited’s Wand VMS could help solve the business challenge.

The Challenge: Businesses have numerous contingent workers at different stages in their lifecycles, and it can be difficult to manage them efficiently.

Why is this an issue? Many managers have a ton of their plates and see contingent workforce management tasks as mundane, lower-priority items. When the processes and technology required to perform these action items are clumsy and cumbersome, these tasks get pushed even further to the back burner.

This type of fragmented, siloed and haphazard approach to managing contingent workers can result in loss of talent, project delays and inefficient spend.

The PRO Solution: Wand VMS

We designed Wand to deliver a rich, intuitive end user experience that empowers managers to easily oversee and manage their contingent workforce.

That ease of use and efficiency is critical when you’re trying to find, engage and manage the best talent in the shortest time period. You don’t want to waste precious minutes trying to figure out what your next management action should be, where you need to click, or what stage your contingent workers are at in their onboarding and offboarding processes. Wand makes it east to gain visibility into all the activities required to quickly manage your contingent workforce.

From start to finish, anywhere and anytime, Wand enables easier, faster execution across the workforce lifecycle:

  • Sourcing: Create contingent job or project requests with ease with powerful, time-saving features such as the ability to choose from prepopulated job descriptions, or by utilizing our “Help Me Decide” wizard. Plus, Wand’s Talent Network self-sourcing capabilities make it simple to build your own private talent pool and generate hard-dollar cost savings.
  • Evaluating: Features such as Wand’s Match Score, Market Rate module and proprietary resume-parsing technologies enable users to more quickly discover promising candidates and compare their credentials side-by-side against other workers. When the engagement ends, Wand makes it easy to submit worker feedback.
  • Lifecycle Management: Review and approve timecards and expenses, whether you’re at your desk or on the go. With Wand Mobile, smartphone push notifications and in-app alerts provide timely task reminders, and approving multiple time cards is a simply as a few swipes and taps.
  • Benchmarking: Wand Discovery, PRO’s business intelligence module, offers reporting, trending and analysis for spend, headcount and preferred suppliers so you can shift your strategy based on hard data rather than mere speculation. Even better, these interactive reports drive actionable data insights, and enable you to customize and fine-tune the data as you see fit.
  • Financial: See all spending and billing information in one place – and not just for contingent workers. With Wand Discovery and Wand’s Total Talent Management dashboards, you can even import full-time data and view it side-by-side with your contingent workforce data to provide insights on the best ways to engage talent and drive savings.

Managing a contingent workforce across multiple lifecycle stages is a challenge for even the most seasoned of hiring managers. With Wand, we aim to make the process as automated and seamless as possible, providing the workforce visibility you need throughout, and offering a user-friendly interface through which you can take the action you need – wherever you might be.

If you or a member of your team would benefit from a further discussion on how PRO is helping companies implement winning contingent workforce management programs globally, please contact a PRO representative at 800.291.1099 or email at info@prounlimited.com.

Disclaimer: The content in this blog post is for informational purposes only and cannot be construed as specific legal advice or as a substitute for legal advice. The blog post reflects the opinion of PRO Unlimited and is not to be construed as legal solutions and positions. Contact an attorney for specific advice and guidance for specific issues or questions.

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  Best PracticesNew TechnologiesVendor Management Systems
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