Part Three of a four-part series on the future of work and the developments impacting contingent workforce management focuses on economic trends. This series continues to identify select perspectives contained in the comprehensive “2020 Report – 20 Trends that Will Shape the Next Decade” and other corroborating sources. “Industrializing Countries Emerge as the New Engine…

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An ounce of prevention, they say, is worth a pound of the cure. While scientists suggest a vaccine for the current Coronavirus outbreak may be 12 to 18 months away, even if it were found today, there will always be ongoing risks to operational continuity posed by the outbreak of pandemic disease. Whether operating globally…

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You’ve engaged a Managed Service Provider (MSP) solution to outsource contingent workforce management to what you expected would be a trusted partner with the requisite expertise to keep contract roles filled and properly administered. Or perhaps you’ve deployed a Vendor Management System (VMS) software solution to automate your services procurement processes and ensure compliant administration…

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Frequently when responding to requests for proposals (RFP) for nextSource’s Managed Service Provider offerings, we encounter questions about “sustainability”. Typically, sustainability questions address the traditional notion of environmental issues/impacts, which are somewhat irrelevant when the offering is a service like Managed Service Providers for sourcing human capital. However, there is a discussion to be had…

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An MSP or Managed Service Provider is a service that enables customer organizations to outsource the responsibility for maintaining a range of business processes and operational functions in order to deliver the benefit of technology solutions and services instead of managing said processes internally. MSPs typically manage services procurement, staffing supplier relationships, and other talent…

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The nextSource Blog is your one-stop shop for incisive industry perspectives, best practices, innovative ideas and overall thought leadership on all things relevant to workforce management.  Today’s post will look back over the last few months of posts to provide a brief synopsis of all the hard-hitting and valuable content this blog has been producing…

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Contingent labor as a spend category continues to grow and today represents a significant percentage of overall indirect spend for many organizations. According to Deloitte, some large enterprise organizations report spend focused on contingent workers equals the rest of their entire procurement spend! Many enterprise organizations have already determined that an MSP/VMS solution is critical…

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If a staffing company, payroller, EOR or other workforce management service provider serving your programs were to wind up in trouble with the law or suddenly become insolvent, it could spell big trouble for your operations. The most recent example of this catastrophic occurrence has affected numerous unfortunate organizations and reveals a risk to organizations…

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