Wand VMS Selected as Finalist in 2017 SIIA CODiE Awards 

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We’re ecstatic to announce that PRO Unlimited has been selected as a finalist in the 2017 SIIA CODiE Awards in the “Best Business Analytics and Reporting Solution” category. Specifically, Wand Discovery, the interactive business intelligence module that’s part of our Wand VMS (vendor management system) platform, was recognized for its innovation and excellence.

If you haven’t heard of them, the SIIA CODiE Awards are one of the premier awards for the software and information industries, and this year’s competition offers 93 categories organized by industry focus. Finalists represent the best products, technologies and services in software, information and business technology, and we’re thrilled to be listed in this select company.

The Current State of Contingent Workforce Data

So, how did we get here? Consider that various studies estimate that 90 percent of the data in the world today has been created in the last two years. With 2.5 quintillion bytes of data created every day, that trend is likely to continue. Savvy business leaders know that to be successful in this landscape, they need to find better ways to capture, understand and act intelligently on as much data as possible.

In the world of contingent workforce management, this translates into using relevant data to drive cost savings, program effectiveness and worker quality.

Building a Better Reporting and Analytics Engine

With so much data flowing in and out of contingent workforce management systems, PRO’s goal has been to offer a reporting and analytics tool that puts business intelligence at the fingertips of hiring managers and business leaders. With our cutting-edge Wand Discovery module, users can easily generate reports and analytics on their contingent labor programs, as well as drill down into the details to provide them with workforce and business insights.

Visual representations quickly and easily guide them from program data to transactional data in just a few clicks. Dashboards are interactive, giving users the ability to change the reports and results they see in real time.

The Power of Total Talent Management

Our latest Wand Discovery innovation is Total Talent Management, an industry-first breakthrough that provides clients with total visibility into both contingent and full-time resources across the entire organization. By importing full-time data and viewing it right next to contingent data, managers can determine the best way to engage resources across all categories from a cost and quality perspective.

Never has it been so easy to identify areas to drive cost savings, program effectiveness and worker quality. Need to slice and dice global headcount and distribution by labor type, such as staffing-sourced, Statement of Work, payroll, etc.? View hourly “all-in” cost by type of engagement and location for a given job title? Understand what types of engagements (full-time versus contingent) are yielding the highest-quality work at the lowest rate? With Total Talent Management, this business intelligence (and much more) is at your fingertips.

In short, Total Talent Management gives organizations a competitive advantage by:

  • Providing visibility to all workers with accurate headcount tracking — mitigating risk and ensuring compliance.
  • Controlling costs by optimize sourcing for all workers and helping determine where, how and when to source talent.
  • Improving talent acquisition and retention with a better understanding of their workforce.

By capturing every data point related to an organization’s entire workforce, Total Talent Management helps managers and business leaders make smarter, more informed decisions about their future strategies and tactics.

We’re proud of this recognition in the 2017 SIIA CODiE Awards, and we look forward to continuing to develop innovative ways to help our clients understand the state of their workforce spend and drive continuous improvement.

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.

Categories:
  New TechnologiesVendor Management Systems
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