Your contingent workforce offers you a competitive advantage. Managed effectively, it reduces cost, provides quick access to highly specialized skillsets, accelerates project timelines, and so on.
But the contingent workforce is growing and employment laws are intensifying. You’re faced with increasing pressure to thoroughly track every member of your global contingent workforce―from freelancers and independent contractors to SOW labor and temporary workers. Yet consider this:
Research and advisory firm Ardent Partners estimates that the average organization only maintains visibility into 45% of their overall contingent labor.
Without any sort of headcount reporting, this exposes countless enterprises to:
The Beeline + IQN Compass Vendor Management System (VMS)—which includes Contingent Workforce Management, SOW and Headcount Tracking solutions (headcount analysis and headcount reporting)―gives you the visibility you need to effectively manage your global contingent workforce. The Beeline + IQN Compass Headcount Tracking solution offers headcount analysis and headcount reporting capabilities that help you ensure compliance with government regulations, align with corporate policies, control contingent spend, and protect your valuable company assets. The solution enables you to: