A VMS should be saving you money, time, and resources. Vendor Management Systems (VMS) were designed to streamline hiring processes, improve efficiency, and, most importantly, save money. Today's VMS options are mostly legacy systems. Built for an earlier era of workforce management, they often lack...
In a low-code, no-code Platform as a Service (PaaS) VMS environment, customization means having the ability to tailor the system's functionality, workflows, and interfaces to meet your organizations specific business needs without requiring extensive coding or development expertise. This means ensuring your workforce programs maintain...
Vendor Management Systems (VMS) have long been anchored in their original purpose - streamlining basic procurement processes. Not without some criticism, legacy VMS solutions have struggled to keep up with the complexities of a dynamic global workforce. Today, as interest in the extended workforce surges,...
The landscape of workforce management and vendor management systems is changing. As new data shows how Generative AI and digital transformation are shifting how workforce and HR professionals should engage with and plan around the changing needs of the contingent workforce, the technological advances of the...
Everyone is talking about Generative AI and the changes this technology brings. The Vendor Management System (VMS) space is no different. Those managing the contingent workforce should understand how these exciting new tools will help them reduce costs and risks. Why is AI so important in...
As labor markets power dynamics shift into what some are calling “The Great Reshuffle” many organizations are having a particularly hard time understanding how they are hurting their chances at connecting with and sourcing great talent. Amid amplified calls of talent shortages, it is particularly...
If you’re a decisionmaker in an organization that is using or plans on using a vendor management system (VMS) to effectively manage the extended workforce, you’ve most likely asked yourself this question before. Smart contingent workforce program leaders create a set of Key Performance Indicators (KPIs)...
A Vendor Management System (VMS) streamlines and automates extended workforce management processes. For decision-makers, that means improved efficiencies, enhanced control, increased visibility, and optimized staffing supply chain performance. With constant innovation seemingly the new norm in people and work technologies, it's important to understand how...
Is there such a thing as “communicating” with a Vendor Management System (VMS)? Between figuring out which forms to complete and remembering specific commands to get the data you need, maneuvering a legacy VMS can be restrictive and complicated. Flextrack is on a mission to...
As enterprise organizations increasingly recognize the tremendous value their non-employee or contingent workforce brings to their business, a brief overview of the core technology for managing contingent workers can help enterprise talent leaders understand the tools at their disposal. What problem does a VMS solve? The largest...
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