All the tools you need to manage your extended workforce. In one place.
At its core, services procurement is about finding the right human skills and capabilities to operate your business and move it forward. As workforces grow more complex and expensive, businesses are implementing services procurement solutions to augment their capabilities, execute business strategies, mitigate compliance risks, and more reliably manage costs.
Flextrack’s unique extended workforce Platform as a Service delivers an integrated, secure, and accessible services procurement solution in a VMS environment.
Services procurement broadly refers to managing services from external providers to meet specific business needs and objectives. In the context of talent, this consists of consultants performing work under a contract for outlined services or outcome-based projects based on the expertise and skills needed to complete them.
The right solutions to plan, source, evaluate, negotiate, track, invoice, and manage these services suppliers and their workers are fundamental to services procurement.
Most VMS systems struggle with the architecture and interfaces required to integrate SOW into extended workforce programs. This results in change management and adoption challenges, leaving program offices or MSP’s to find ad-hoc solutions.
Services that are not designed for SOW tend to be inefficient and cumbersome. They lack the necessary flexibility to manage multiple, diverse engagements. This results in bottlenecks, administrative burdens, extra costs, and difficulty in assessing results.
Outdated features and stand-alone point solutions result in complex workflows, hindering swift onboarding, efficient resource allocation, and timely project execution, ultimately delaying the realization of goals and targets.
Lack of integration hampers the flow of information and data about services procurement, leading to manual workarounds, faulty data entry, and increased risk of error. Lack of comprehensive visibility into procurement activities makes it difficult to track and manage vendor relationships, contracts, and performance.
Digitize interaction with approved Suppliers to receive bids and easily compare supplier responses across a variety of different criteria.
Access tracked project closure activities, worker off boarding, and project closure surveys.
Streamline your entire experience with digitized invoice operations, approvals, and seamless integrations with AP systems.
Access built-in contract management systems to automate SOW creation, negotiation with suppliers, and e-signatures.
Analyze supplier and worker onboarding compliance, project performance with timesheets and milestone tracking, and internal controls to ensure approvals.
Flextrack knows that driving recruitment processes while mitigating risks requires technology that’s agile and designed specifically for the services you need. Look beyond current tech capabilities and into new trends, current challenges, developing ideas, and key data to help guide your strategy into the future.
The roadmap is within reach.