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Contingent Workforce Management

Manage your entire extended workforce on one platform.

Contingent workforce management is crucial for organizations to effectively manage their extended workforce, optimize processes, and improve productivity. Non-employee workers comprise up to 50% of an average company’s workforce, and the solutions geared towards supporting these employees provide benefits like talent productivity, ROI, real-time insights, flexible workflows, and streamlined processes, leading to a better managed and more efficient workforce.

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What is Contingent Workforce Management?

Contingent workforce management is the process of managing a flexible and temporary workforce comprised of multiple types of workers such as independent contractors, freelancers, temporary workers sourced by agencies, temporary workers sourced directly, gig workers, statement of work (SOW) consultants, and platform workers who are not considered permanent, full-time employees. Effective contingent workforce management helps organizations ensure access to skills, streamline the hiring process, improve worker productivity, retain top talent, and reduce costs and risk.

Key benefits of a contingent workforce management system:

Centralized management of extended workforce
Improved efficiency in hiring and onboarding processes
Better compliance with local labor laws and internal regulations
Increased talent productivity and reduced risk
Access to a larger pool of highly-skilled top talent
Enhanced security and control
Improved vendor relationships with managed service providers (MSPs)
Reduced costs with negotiated rates and a reduction in spending
Increased workforce resiliency
Access to real-time analytics for monitoring and evaluating performance
Seamless integration with enterprise systems
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Centralized management of extended workforce
Improved efficiency in hiring and onboarding processes
Better compliance with local labor laws and internal regulations
Increased talent productivity and reduced risk
Access to a larger pool of highly-skilled top talent
Enhanced security and control
Improved vendor relationships with managed service providers (MSPs)
Reduced costs with negotiated rates and a reduction in spending
Increased workforce resiliency
Access to real-time analytics for monitoring and evaluating performance
Seamless integration with enterprise systems
Previous
Next

Balancing your management of a full-time and contingent workforce can be complicated and time-consuming, but done right, can generate incredible ROI. A key enabling factor lies in evolving from a legacy Vendor Management System (VMS) to an extended workforce Platform as a Service (PaaS) built for the flexible workplace of today.

Current contingent workforce management system challenges

Legacy VMS is riddled with issues like limited integration capabilities, outdated technology, technical debt, inefficient processes, lack of customization, inadequate reporting and analytics, clunky or unfriendly interfaces, and lack of user support.


These challenges can lead to reduced productivity, increased costs, and a lack of visibility into the contingent workforce, creating risk and impacting the overall success of an organization and its overall workforce management strategy.

The numbers speak for themselves:

Pay is not enough. Cultural factors are catching up as workforce priorities:

Meaningful work

Schedule flexibility

Company commitments to DE&I

Maximum compensation

of contingent workforce program managers have increased pay rates over the past year.

Gaps in work culture expectations are narrowing for contingent workers.

Over half experience the same respect as permanent employees.

Almost 60% regularly receive recognition for good work.

Unmet expectations will drive talent mobility
Factors beyond pay rate are influencing contingent workers’ decisions to stay with a current assignment.

Download the 2023 Contingent Workforce Report for more Insights.

The Flextrack Difference: Built by workforce practitioners for workforce practitioners

Flextrack is a next generation extended workforce VMS delivered through PaaS technology. With over 15 years of experience, our team of workforce practitioners and technologists designed our solutions to reimagine how you manage your workforce on one platform.

Seamless, integrated, and agile, Flextrack offers a unique approach to customers. Centered around the idea that to successfully manage your extended workforce, you need a powerful tool that’s easy to customize and integrate through powerful plug-and-play options and additional solutions that enhance your EWP. With this type of tool, we help customers drive innovation, not follow it.

WITH FLEXTRACK, YOU:

Access your entire extended workforce ecosystem from one place:

Flextrack integrates your systems seamlessly with 7000+ apps available on the AppExchange©.

Integrate all your systems with ease:

create custom, plug-and-play, low-code, or no-code workflows that are powerful, simple, and accessible to all users.

Gain immediate adoption and efficiency:

The Flextarck interface is designed with your experience in mind – easily access all sourcing channels and automate routine processes from a single point of entry.

Make informed decisions and gain real-time insights into your extended workforce:

Our advanced reporting and analytics capabilities deliver real-time data and allow for easy integration from all sources.
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Contingent workforce management is not just about the software, it's about mindset

Managing an extended workforce well can’t be done without a powerful technology solution, but that’s just half the job. Really understanding your external workers, experiencing how shifts in practices and markets affect their choices and behavior, and adapting your people management practices accordingly is just as critical to a successful future-focused comprehensive workforce strategy.

 

We’re passionate about that too. Our purpose is to champion a working community, and we stand by a brand motto centered around unlocking potential in everyone who makes up the extended workforce by empowering them to seize opportunities that transform families and communities.

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Enjoy benefits not available with other VMS systems:

LEGACY VMS SOLUTIONS

  • Modular
  • Procurement Focused
  • Obsolete Architecture
  • Limited Release Schedule
  • Code-Heavy Integrations
  • Expensive Technical Debt
  • Clunky User Experience

FLEXTRACK’S EXTENDED WORKFORCE PLATFORM AS A SERVICE

  • Harmonized: all your non-employee workforces from a single point of entry
  • Agile: in step with innovations and dynamic market trends
  • Integration forward: creating limitless possibilities through easy connections with other technologies
  • Low/No Code toolkit enables “Fit for Purpose” solutions and speed-to-delivery
  •  B2C grade user experience

TRADITIONAL VMS SOLUTIONS

  • Modular
  • Procurement Focused
  • Obsolete Architecture
  • Limited Release Schedule
  • Code-Heavy Integrations
  • Expensive Technical Debt
  • Clunky User Experience

FLEXTRACK’S EXTENDED WORKFORCE PLATFORM AS A SERVICE

  • Harmonized: all your non-employee workforces from a single point of entry
  • Agile: in step with innovations and dynamic market trends
  • Integration forward: creating limitless possibilities through easy connections with other technologies
  • Low/No Code toolkit enables “Fit for Purpose” solutions and speed-to-delivery
  •  B2C grade user experience

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Is there such a thing as “communicating” with a Vendor Management System (VMS)? Between figuring out which forms ...
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Extending your culture: 5 ways including the extended workforce improves company culture
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