PRO Insights Blog

PRO Unlimited’s Wand VMS Named Triple Finalist in 2018 Big Data Excellence Awards

April 19, 2018
We’re honored to announce that Wand VMS has been shortlisted in three categories at the 2018 Big Data Excellence Awards. Given the tremendous amount of data that hiring managers, recruitment agencies and contingent workers are creating every day, PRO has been laser-focused on providing organizations with tools to harness this data and use it to make smarter decisions about future workforce strategies and tactics. Specifically, PRO’s Wand Discovery platform enables organizations to easily identify key business drivers and trends that provide actionable workforce intelligence and strategic insights. Total Talent Solutions, a groundbreaking extension of Wand Discovery, allows clients to import specific types of “sanitized” full-time data and view it next to contingent data. (Read more about Wand Discovery and Total Talent Solutions.) Judges recognized both in the 2018 Big Data Excellence Awards nominations, naming Wand VMS a finalist in the following three categories: “Outstanding Data Analytics Solution Award” – Wand Discovery “Most Innovative Big Data Solution – Wand’s Total Talent Solutions “Most Innovative Use of Big Data” – Wand’s Total Talent Solutions The latter category, “Most Innovative Use of Big Data,” recognizes organizations that demonstrate a truly industry-leading approach to finding new ways to use information and data. Total Talent Solutions does just that by providing clients with total visibility into both contingent AND full-time resources across the entire organization, enabling business leaders to determine the best way to engage resources across all categories from a cost, quality and risk perspective. For more on the awards, visit the official 2018 Big Data Excellence Awards website. To learn more about how you can use business intelligence tools to help your organization get peak value from its contingent workforce, check out the following resources: 1) Data Sheet: “Using Reporting and Analytics to Improve Contingent Workforce Management” 2) White Paper: “7 Contingent Workforce Questions That Wand VMS Can Help You Answer” 3) Data Sheet: “Unleashing the Power of Holistic Workplace Visibility” If you’re interested in learning more about how PRO Unlimited can help your organization increase operational efficiency in its contingent workforce program, 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.

Artificial Intelligence – Its Impact On Contingent Workforce Labor

April 18, 2018
Forbes taps PRO Unlimited’s Ted Sergott, EVP of Product Development, to discuss Artificial Intelligence (AI) and its impact on contingent workforce management.  The article highlights 4 main areas that will have a significant impact in the space including: Adaptive Job Assessments Social And Behavioral Data Mining Embedded Intelligence Augmented Reality What do these mean for your contingent workforce management programs? Click here. Artificial Intelligence and Contingent Workforce Management The article concludes by pointing out that increased integration of AI into existing technologies is poised to unlock a wealth of opportunities for companies. By analyzing data sets and performing automated work behind the scenes, AI promises to enable faster decision-making and free up valuable resources for stakeholders. AI has the potential to provide a wealth of insights that both confirm and dispute previously assumed hypotheses. Employed strategically, these ideas could reveal new ways to increase hiring success and deepen understanding of a company’s workforce. Combined with human expertise, this augmented intelligence will help businesses drive cost savings, increase talent quality and improve the effectiveness of their contingent workforce programs. Read the full article in Forbes here.   If you would like to discuss any of the above in greater detail, we would love to set up a consultation with you. Please inquire at info@prounlimited.com for a consultation! 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.

Wand VMS Named Finalist in Two Categories at 2018 World Procurement Awards

March 28, 2018
We’re thrilled to announce that PRO Unlimited’s Wand VMS has been named a finalist in the “Best New Procurement Technology” and “Best P2P Specialist Provider” categories at the 2018 World Procurement Awards. Specifically, the judges recognized Wand’s strengths in SOW management, mobile (Wand Mobile), reporting and analytics (Wand Discovery), and self-sourcing (Wand Talent Network). The awards, which take place in London, represent the best procurement organizations, people and projects across the world. They reward the joint efforts of individuals and teams and are a confirmation of the innovation, dedication and hard work of those at the forefront of this evolving global profession. In a nutshell, PRO’s award-winning Wand VMS enables managers and program owners to effectively manage all aspects of their contingent workforce supply chain, including but not limited to: Procuring these workers from staffing suppliers, including scheduling interviews Self-sourcing with Wand’s Private Talent Network module Reviewing analytics and reporting with the Wand Discovery module Handling timecard and billing management Rating workers and offboarding Here’s a look at how PRO helps users in two areas highlighted in the 2018 World Procurement Awards: SOW Project Management Many businesses have SOW spend and management spread over multiple systems, most of which are ill-fitted to manage it. In shortlisting PRO in the “Best P2P Specialist Provider” category, the World Procurement Awards recognized how Wand’s powerful technology offers businesses the opportunity to centralize SOW management under a VMS. Here, they can requisition, manage and track both project supplies and consultants in one platform. New project-related capabilities recently introduced in Wand include, but are not limited to: Adobe eSignature Integration – Provides a streamlined approval process for SOW contracts to allow MSPs, clients and suppliers to route and submit SOW project contracts for eSignature approval, directly within Wand. SOW Contract Document Templates – Enables the creation of multiple customized SOW templates associated with specific project types and job titles for clients, suppliers and MSPs to use within Wand. SOW Financial and Reporting Enhancements – Provides more visibility to clients, MSPs and suppliers to better track the billing of multiple items within an SOW project, as well as improved project budget management. For more on the topic, check out “How an MSP Can Drive Unmatched Value in SOW Management.” Easier, More Effective Self-Sourcing Self-sourcing talent is one of the best ways for organizations to drive savings in a bigger contingent workforce program — particularly in more established programs. Wand’s Talent Network enables managers to create their own private Talent Network of workers they’ve sourced, such as alumni, silver medalists, retirees and more. Managers can then quickly identify and engage these people from within the request creation workflow, offering companies opportunities to avoid traditional vendor-sourced mark-ups and generate cost savings. Workers who are invited to join a client’s private Talent Network self-manage their Talent Network profiles and, as a result, receive contingent job opportunities. The entire process within Wand is handled in an intuitive, consumerized fashion, and enables organizations to realize the cost savings associated with self-sourcing talent like no other solution in the industry. (Learn more about Wand Talent Network.) The 2018

Procurement Strategies – Optimizing Contingent Labor Spend

March 20, 2018
With businesses spending approximately $800 billion annually on gig work, there’s a lot of money at stake — and opportunities for businesses to drive cost-savings and maximize the value of their contingent workforces. However, companies may be unaware of the cost-savings they can actually realize within their contingent workforce management programs. The Sourcing Industry Group (SIG) has asked PRO Unlimited and the Former Director of Procurement for Novartis to lead a session on this very topic in Washington, D.C. This Summit pulls in the industry’s leading procurement professionals to discuss the latest and greatest topics and trends. This session examines 4 areas in which procurement professionals can save millions in hard dollar cost-savings for their organization. How to use analytics to understand worker costs, determine the best way to engage talent from both a cost and quality perspective, and how and when to source talent The cost-advantages of self-sourcing strategies; how companies are leveraging technology and their own brand power to drive millions of dollars in annual savings The benefits of selecting a vendor-neutral program and how it ensures a level playing field to create a competitive environment for sourcing labor How to drive unmatched value and savings in SOW Management via a MSP (e.g. benchmarking and negotiation) If you would like to discuss any of the above in greater detail, we would love to set up a consultation with you. Please inquire at info@prounlimited.com for a consultation and/or to request the conference presentation! 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.

Wand VMS Honored as Two-Time Finalist at 2018 National Technology Awards

March 16, 2018
We’re excited to report that PRO Unlimited has been shortlisted in two categories in the 2018 National Technology Awards: “Best Mobile Innovation of the Year” and “Best Enterprise Product.” Hosted in London, the National Technology Awards celebrate the pioneers of new technology, focusing on innovation in areas such as IoT, finance, gaming, travel and analytics. Mobile Innovation Wand Mobile was recognized in the “Best Mobile Innovation of the Year” category. The industry’s most robust VMS application, Wand Mobile allows both managers and workers to easily manage every aspect of their contingent workforce experience while on the go. Highlights include: Omnichannel Management: Boasting true native apps on the iPhone and Android devices, Apple iPad and even the Apple Watch, Wand Mobile powers total freedom of mobility and a seamless omnichannel experience. Action Items: Wand Mobile showcases the items managers need to take care of directly on their home screen, helping them get more done with fewer taps and avoid overlooking critical items. A Consumerized Experience: Wand Mobile incorporates the most cutting-edge design and user experience methodologies to create an app second to none in workforce management. To learn more about mobile and contingent workforce management, download PRO’s “5 Ways Mobile Improves the Contingent Workforce Management Experience” white paper. Actionable Business Intelligence Total Talent Solutions, a groundbreaking business intelligence tool in Wand VMS that provides clients with total visibility into both contingent AND full-time resources across the organization, was recognized in the “Best Enterprise Project” category. By consolidating these different data sets and serving them up through easily digestible dashboards, Total Talent Solutions helps managers make informed decisions in several key areas, including driving cost savings, understanding talent and workforce planning. For more on total talent management, check out PRO’s “Unleashing the Power of Holistic Workforce Visibility” data sheet. National Technology Awards finalists come from those companies and organizations who have made outstanding technological contributions across a variety of sectors. The 2018 winners will be announced at the Awards Gala Dinner on May 17 at the Waldorf Hilton in London. For more information on the 2018 National Technology Awards, read the official PRO Unlimited press release. If you’re interested in learning more about how PRO Unlimited can help your organization increase operational efficiency in its contingent workforce program, 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.

Infographic: Artificial Intelligence and Contingent Workforce Management

March 12, 2018
One of the most important challenges an enterprise faces is locating and hiring the top candidate for a job. However, ineffective sourcing and recruiting processes, tough competition for talent, and arbitrary evaluation criteria make the exercise difficult. In this environment, the concept of tapping into advances in artificial intelligence (AI) to better hire contingent workers — as well as manage and optimize this workforce — is intriguing. By analyzing data and performing automated work “behind the scenes,” AI promises to not only enable faster decision-making and deepen understanding of a company’s workforce, but also free up resources so managers and business leaders can spend more time on creative thinking and strategic planning. To help organizations better understand AI and its potential business impact, PRO created this infographic, which highlights some of the basics of AI and a few areas we feel are particularly exciting for organizations as they relate to contingent workforce management. For a deeper look at artificial intelligence and its potential to help organizations better hire and manage contingent workers, download PRO Unlimited’s “Artificial Intelligence and Its Impact on Contingent Workforce Management” white paper. 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.

Here’s How to Achieve 100% Contractor Compliance & Total Non-employee Visibility

March 12, 2018
In this day and age, security is a key topic of discussion across many enterprises. And it was no different for business leaders within this leading aerospace and defense company that has a large non-employee workforce. Prior to implementing contingent workforce management services and technology, this company (like many others) faced challenges with managing compliance and risk for activating and deactivating systems access for its non-employee workforce (>1,200 workers nationwide). It required a way to accurately track and report on a high volume of this worker segment. As a result,  key stakeholders issued a directive for increased reporting, compliance, and visibility into its non-employee (contractors, consultants, temps) workforce. This required a comprehensive contingent labor program that would address the following challenges: Lack of enterprise-wide visibility Inability to allocate, track, and report on multiple internal program codes No standardized hiring process and management of contractors No process in place for budget management and accruals for end-of-month reporting Lack of market rate analysis for supplier management and optimization After conducting a market assessment, the company chose to move forward with a purely vendor-neutral and integrated Managed Services Program (MSP) and Vendor Management Software (VMS) program. After a short time following deployment, the company was able to overcome these challenges and ensure 100% contractor compliance while realizing a number of other benefits including improved non-employee visibility, increased SOW spend management, and standardization of job titles and rates — all by outsourcing this function. If you are looking to achieve these types of program goals or others, please inquire at info@prounlimited.com for a consultation and/or to request a full case study! 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.

2018 Contingent Workforce Management Trends: 3 Areas to Watch

February 27, 2018
As the number of contingent workers continues to grow, the industry keeps advancing at a breakneck pace. Workforce management technologies, for example, are rapidly evolving to help stakeholders become more efficient, source talent more effectively, and easily onboard and offboard workers. New technologies also mean new ways of connecting job candidates and businesses. In this landscape, regulations are constantly changing, both within regions and globally, making compliance more challenging, risk greater and the need to partner with an expert such as PRO Unlimited imperative. Here are three key 2018 contingent workforce management trends to keep an eye on in the year ahead: 1) Artificial Intelligence offers new perspectives on contingent workforce management. In 2018, more companies will begin tapping into the power of artificial intelligence and using it to make sense of the massive amounts of structured and unstructured workforce data out there today. The result will be faster, smarter decision-making that drives cost savings and improves business performance. In the realm of contingent labor, AI will offer new insights that enable organizations to approach traditional workforce management challenges in exciting ways. When applied strategically, AI could help businesses better predict job performance for specific roles and match workers to jobs. Embedded intelligence and augmented reality offer further intriguing opportunities to help users through various workforce management tasks and deliver a better experience. Read more: “Artificial Intelligence and Its Impact on Contingent Workforce Management” 2) Total talent management reaches a tipping point. The concept of “total talent management,” or the combining of contingent worker data and “sanitized” full-time employee data, has long been a goal for many organizations. In 2018, technological advances and improved data integrations will help more companies leverage the power of total talent management and realize the benefits of this wider, deeper perspective. In a landscape in which market rates, skill set demand and employment laws are constantly fluctuating, having this powerful mechanism for understanding your entire workforce could be the difference between success and failure in 2018. Read more: “Unleashing the Power of Holistic Workplace Visibility” 3) Worldwide regulations become increasingly complex. Regulations are constantly changing and evolving, making compliance more challenging and risk greater. In 2018, heads of both U.S. and international-based contingent workforce management programs will encounter shifting regulations, including the following: Employment Law (U.S.):  Various forms of paid leave entitlements, such as paid sick leave, are proliferating. A similar trend is occurring with “ban-the-box” laws that limit employers from asking about prior criminal convictions. Because these laws often differ from jurisdiction to jurisdiction, employers will need to navigate a growing patchwork of compliance obligations. Payroll Law (U.S.): With sweeping legislative changes facilitated by the current administration, payroll-related activities are anticipated to be impacted. Key areas requiring monitoring include immigration practices, tax reform, ACA, and the resulting state responses. Data Protection Acts (Global): Stakeholders should be looking at how they use data and what they need to do to comply with new legislation. Brexit (Global): Many of the issues arising from Brexit should become clearer

2018 Industry Regulatory Update – 1st Edition

February 26, 2018
Our team of Legal, Business Validation, Immigration and Client Payroll experts have shared the first edition of its U.S. and International Quarterly Regulatory Newsletter for 2018. PRO’s knowledge and expertise regarding current regulatory topics are provided in full detail within this issue. In both documents, our team of professionals covers a number of topics ranging from Independent Contractor Compliance (ICC), Employment Law, Immigration, and Payroll. Within each category, readers will find more detailed information on the below items: Tax Cuts & Jobs Act – Effect on Independent Contractors Memo from New NLRB General Counsel Terminates Initiative to Treat Misclassification as Violation of the NLRA “Gig Economy” Grubhub Driver Found to be Independent Contractor US DOL Adopts New Test for Intern Status under the FLSA NLRB Rejects Obama-Era Test for Joint Employment and Returns to Former, More Stringent, Test Legislation Updates General Updates: 2018 Payroll Related Changes And other updates Want to read the complete update? Download the newsletter here for a comprehensive assessment of the current happenings within ICC, Employment Law, Immigration, and Payroll. Inquire at info@prounlimited.com to discover the other key benefits this organization attained with PRO’s purely vendor-neutral and integrated contingent workforce model. 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.

Managing your Non-Employee Workforce

February 20, 2018
Today, we have been invited to share our expertise with a panel of procurement executives at ProcureCon Indirect East 2018. Our very own, Mark Kozlowski, Senior Director, Client Solutions along with two other procurement experts will facilitate a session aimed at helping companies manage their non-employee workforce (consultants, professional services, contingent staffing). Mark along with the other facilitators will discuss what procurement executives need to know about the risks and opportunities of managing their non-employee workforce. Key topics will include: Help determine your non-employee workforce population Understand best practices (e.g. onboarding contractors, compliance, etc.) Identify the challenges and opportunities when expanding a program regionally or globally The goal for this session is to work with participants and to facilitate a discussion around five actionable items that can be implemented immediately or in the near term. If you are a seasoned procurement executive or fairly new to the space and would like to dive deeper into this topic, please register for a consultation at 1-800-291-1099 or information@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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