Did you know that Vendor Management Systems (VMS) can manage your workforce, not just spend? Advancements in technology have enabled VMS to expand and allow for greater usage of the tool beyond just spend. Be sure you are taking full advantage of what they have to offer. In this HR.com webinar, learn how VMS can help HR beyond just Procure to Pay needs, presented by Provade's President, Edward Jackson.
Many HR managers know of VMS as a system to help procure and manage contingent labor. Typically, the 'manage' part is usually spend management focused, such as financial approval, rate, purchase/work order generation and invoice related. These tend to be the common key drivers of a Procurement organization initiative to utilize a VMS tool. However, VMS offers significant opportunities for HR beyond spend management benefits.
In this webinar, you will learn how VMS can be enabled to do true workforce management in the following areas:
• Identity management
• Tenure management
• On/Off boarding and provisioning/de-provisioning
• Compliance and audit of all third party workforce
• Total workforce visibility
With contingent labor going from less than 5% of the enterprise workforce fifteen years ago to being an average of 50% of the enterprise workforce within the next five years, HR can take a leadership role in utilizing VMS tools beyond spend management needs.
This webinar will help you make the most of your VMS and will provide best practices for efficient and accurate workforce management. It will also demonstrate how to extend your VMS to work as an identity management tool, which can be a challenge for many large companies that exist today.
The HR.com webinar will be presented January 31 at 3:30 - 4:30 PM ET. Details and registration information can be found here.