Streamline Your Contractual Workforce Staffing With This Cloud-Based VMS Network

May 5, 2023

There’s a faster and more cost-effective way to hire contingent workers. Try Prosperix’s all-in-one vendor management system (VMS) network to give your workforce a boost!

At a time when there are two jobs available for every applicant, hiring has never been tougher. That’s why Prosperix offers a VMS network to help you find the right talent.

The system provides you with a true end-to-end staffing platform so you can fill crucial vacancies faster and at a reduced cost. With a vast network of talent sources, you also have more options to choose from, leading to better-quality hires.

Learn more by visiting https://prosperix.com/vendor-management-system

Representatives say that with the VMS network, you can source various contingent workers, such as freelancers, consultants, and part-timers. In addition to added productivity, these employees can fill in existing skills gaps by lending their expertise for the duration of their contract.

DATA-DRIVEN DECISION MAKING

The platform includes real-time reports and analytics, enabling you to determine which talent supplier can best fulfill your job orders. Each vendor is assigned a hiring score, which takes into account key performance indicators (KPIs) such as candidate coverage, job performance, and budget management.

This transparency greatly lowers the possibility of bad hires as unsuitable talent suppliers are weeded out early in the hiring process. As the company explains, recruiting the right candidate the first time is vital since each bad hire can cost your business up to $17,000.

EASE AND CUSTOMIZABILITY

You can customize the hiring workflow so that it aligns closely with your existing recruitment processes. Moreover, the user-friendly drag-and-drop interface lets you easily modify phases like interviews, contract signing, and onboarding.

In effect, the VMS network acts as an extension of your human resources department, able to work in lock-step with your in-house recruiters. So, they can devote more of their time filling your full-time vacancies, as Prosperix can handle contingent workforce staffing.

EFFICIENCY BY AUTOMATION

To hasten hiring timelines, the VMS network uses an AI algorithm to conduct initial assessments of talent providers and their candidates. This process is guided by the 3Ps principle: profile, pools of talent, and past performance.

As a result, only the most qualified talent vendors and applicants are presented to you, reducing the time you spend shortlisting options. Moreover, this gives you more time to thoroughly evaluate candidates, ensuring that your final hire will add value to your business.

A spokesperson says: “With our all-in-one solution, you can access a network of talent suppliers, track KPIs in real-time, and customize your hiring workflow for each job requisition with ease.”

Discover a better way to source contingent workers. Contact Prosperix today and request a free demo of its VMS network!

For further details, you may also visit https://prosperix.com/vendor-management-system

Web Analytics