Three Things to Know Before Purchasing a VMS for Financial Services
In the financial services sector, selecting the right Vendor Management System (VMS) isn’t merely about choosing a technological solution—it’s about finding a system that aligns with the complexities of regulatory demands, operational efficiencies, and organizational culture. Here are three crucial insights that are essential when selecting a VMS for financial services, emphasizing the need to…
Digging into Services Procurement for Hiring Managers, Procurement, and Finance
Often hiring an outside resource for a particular project starts out something like this: “I found someone to help with x, y, z project…” and then starts the whirlwind known as services procurement also known as Statement of Work (SOW) or fixed bid projects. Statement of Work Woes On the one hand, Hiring Managers often…
What Is Contingent Work & How Do I Know if It’s Right for My Business?
According to a past Ardent Partners report, 62% of businesses consider contingent labor vital to their workforce. The rise of contingent labor can be attributed to various factors, including the Great Resignation post-pandemic, the thriving gig economy, and the shifting attitudes toward more work-life balance. Let’s understand what contingent work is and whether you should…
How Employer of Record (EOR) Services Can Simplify Workforce Management and Ensure Compliance
Managing a workforce across multiple countries presents unique challenges. Companies must navigate complex labor laws, ensure timely payroll, and maintain compliance with varying regulations. These demands can overwhelm even the most experienced HR teams. This is where Employer of Record (EOR) services step in, offering a streamlined solution to simplify workforce management and ensure compliance…
Managing Independent Contractors Within an Agile Talent Strategy
On behalf of nextSource and our partners, Worksome and Chateau Consulting, we’d like to thank those who participated in last week’s webinar. Many of you have told us that you now have a clearer understanding of ways to incorporate independent contractors into your overall labor strategy while eliminating the complexities and risks that may come…
Employers Are Looking to Hire Veterans. Here’s How to Get on Their Shortlist.
There are many jobs for military veterans building their careers after leaving active service. Learn how to position yourself to employers as a vet.