VMS
Is an MSP/VMS Solution for Contingent Labor Right for You?
If, like many organizations, the new normal for your workforce management plan includes increased reliance on contingent labor, independent contractors, gig workers/freelancers, temps of any type, then you’re probably already learning how much goes into managing a contingent workforce. Vendor management, sourcing, compliance, on/offboarding, rate and markup management, benefits administration and more – it can…
Read MoreThe Best of the nextSource Blog from 2021
For years, the nextSource blog has been delivering powerful, actionable information about all things workforce management-related to help you develop and manage a more successful contingent workforce program. This year was no different. While we offered plenty of articles dealing with important topics like upskilling, diversity, ROI, program design best practices and workforce trends by…
Read MoreGiving Thanks for Workforce Strength and Economic Bounty this Week
Well, it’s Turkey time again here in the good ol’ US of A and though its been some pretty tough going for the nation and the world in recent times, there is much to be thankful for this Thanksgiving. Particularly when it comes to the American workforce and the organizations that employ them. Here’s why…
Read MoreDriving Contingent Workforce Management Success in Difficult Times
Contingent workforce management practices have never been challenged like they have been during the pandemic. Wild swings in employment fueled first by the COVID shutdown and now by the rapid reopening of the economy have whipsawed the Department of Labor’s ability to accurately report on employment figures. Early pandemic job losses were significantly underreported at…
Read MoreWhat is the Role of Automation in Managed Services?
What would happen if an organization decided to use BOTH a VMS and an MSP? It’s not a crazy question. In fact, quite a lot of good can come from marrying these two seemingly different approaches to the same goal of improving workforce management. Let’s think through what’s to be gained by embracing the “why…
Read MoreIs My Organization Ready to Move Workforce Management into the Cloud?
Deciding whether, how and when to invest in workforce management automation technology is a challenging process. How does one know if they’re ready to embrace cloud-based management software systems like VMS, talent acquisition tools, onboarding systems, etc.? Let’s explore the answers to this pressing question. Most workforce management professionals are aware that VMS tools, payroll…
Read MorenextSource Offering Defines Best Practices for 1099 Certification
The increasing embrace of Direct Sourcing strategies in the execution of a well-rounded contingent workforce management plan has revealed the need for robust 1099 certification processes. Best practices for 1099 Certification are critical to observe and are an important feature baked into the nextSource Direct Sourcing solution, designed to support talent pools and FMS platforms.…
Read MoreHow nextSource Differentiates from Other Options in the Market
One of the questions most frequently posed to providers of workforce management services and solutions focuses on a simple notion: Why should the organization select one provider as opposed to any other? Beyond the nuts and bolts reasons to select a given workforce management solutions provider – cost, service offerings, technologies, reputation, etc. – there…
Read MoreEnsuring Positive Customer Experience for Consumers of Contingent Workforce Management Services
Building a positive customer experience is essential to the success of a workforce management solution and service provider. As veterans of contingent workforce management can confirm, not all solution provider partners are created equal and not all of them can or will live up to the promises they make when trying to earn your organization’s…
Read MoreWhat is a VMS?
A VMS or Vendor Management System is a web-based software application designed to support the procurement and management of staffing services – including temp staff, outside contract or contingent labor – for mid-sized to large businesses and other organizations. VMS solutions enable the effective management of contingent workforce hiring processes from one, easy-to-use platform. A…
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