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4 Benefits of a Closed Loop VMS

Services procurement Feb 04, 2015
When organizations implement a Vendor Management Solution (VMS) that is little more than cobbled together point solutions, they're often left with "islands of automation" that create inefficiencies and confusion. On the other hand, a closed loop VMS is one where all functionality is fully integrated and where the process, transactions, and data move seamlessly from one end to the other. What's so advantageous about a closed loop VMS? Here are the top four benefits of this approach:

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A Holistic Approach: 3 Reasons To Hire An MSP With A VMS Solution

Services procurement Jan 28, 2015

A Holistic Approach: 3 Reasons To Hire An MSP With A VMS Solution

When researching a Vendor Management Solution (VMS), do not focus on software alone. There is more to a successful VMS program than software functionality; for long-term, sustainable success, one proven approach is to find a Managed Service Provider that owns, operates, and maintains their own VMS technology. This holistic approach provides an all-in-one software and services solution with greater benefits for the organ...

How to Leave a Great Lasting Impression

Contingent Workforce Dec 12, 2014

How to Leave a Great Lasting Impression

Every work relationship comes to an end at some point. It doesn't matter if the partnership lasted a month, a year, or several decades, for most people there eventually comes a time when we must move on. But

How Long Will It Take To Replace You?

Step one to "leaving well" is to have an honest conversatio...

Contractor Retention: Think Beyond the Paycheck

Services procurement Oct 29, 2014

Contractor Retention: Think Beyond the Paycheck

It takes much more than an impressive paycheck to hire and keep solid workers. Even in a tight labor market, businesses need to go the extra mile if they want staff to stick around and grow with their company.

What many companies fail to realize is that just like full-time employees, contractors, consultants, freelancers, and other independent specialists are swayed by factors well beyond a competitive salary, and because they're o...

Contractor Onboarding: Don't Get Stuck Paying a 'Hassle Tax'

Expertise Oct 22, 2014

Contractor Onboarding: Don't Get Stuck Paying a 'Hassle Tax'

Consultants and contractors are highly valued because of their specific expertise and skills, but sometimes companies will hire them with little regard to onboarding and integration. Instead of approaching the hiring of a talented outsider from a collaborative standpoint, employers will adopt the mindset of "you're the contractor—you figure it out."

Perhaps companies believe they're already throwing a lot of money at...

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