March 26, 2020
Predictive AI benchmark predicts slow macro rebound beginning in April 2020, with industry-specific exceptions ORLANDO, Fla. – March 26, 2020…
Leveraging Workforce Logiq’s integrated Managed Services Provider (MSP) program and Vendor Management System (VMS) transforms the way you procure and manage contingent workers for Staff Augmentation and Statement of Work (SOW) services.
Our end-to-end web- and mobile-based solution solution provides customers with a single point of accountability and optimizes workforce management with an invaluable feature that goes far beyond what other companies can offer: Predictive Intelligence.
Intelligent Expert Advisors: The world’s foremost workforce management experts and dedicated Business Intelligence team—committed to your mission—are just a few steps, a call, or click away. They pride themselves on being guides not order takers, adding value by unlocking savings with 20 years of best practices. Because we are verifiably vendor neutral, you can be sure our goals are always aligned with yours: to get the best talent at the best rate.
Intelligent Data and Insights: Your dedicated Workforce Logiq team gives you the edge you need with real-world experience and data-driven program visibility and insights to help make more informed decisions. You get complimentary on-demand access to our IQ Analytics Center and a suite of dynamic dashboards and interactive data visualization.
Our Business Intelligence team can also create custom reports—to help you see inside your data. And, with exclusive peer and industry benchmarks available from our recent acquisition of ENGAGE Talent, you get innovative predictive and prescriptive data analytics to more efficiently recruit and retain your contingent talent.
Our secure VMS solution—accessible anytime and anywhere—delivers increased performance, visibility, and financial control. Patent-pending workflows and AI-powered tools save you time, while maximizing talent quality and reducing your total contingent labor management costs.
Workforce Logiq’s MSP program can be integrated either with our best-of-breed, purpose-built VMS or the VMS selected by our customer.
We have extensive experience working with a number of VMS providers to implement both US-based and global workforce management solutions including Beeline®, IQNavigator®, and SAP Fieldglass—with whom we have a global licensing partnership.
Regardless of which VMS our clients choose, experienced technology and implementation team members will collaborate and advise on how to design the optimal solution you need to streamline and simplify your workforce management planning, while giving you complete control over your contract labor.
Now is the time to take a closer look at your total MSP program.
Make certain your MSP is delivering the edge you need in today’s hyper-competitive talent market. Check out Workforce Logiq’s complete suite of MSP solutions, including Staff Augmentation and:
A $5.5 billion U.S.-based data storage company with over 10,500 employees worldwide began reviewing their contingent workforce management processes. At the time, it employed a master vendor model for the United States, Canada, and Latin America, utilizing a staffing provider who filled most requisitions. Other staffing providers were engaged to fill difficult positions only as needed.
The customer was looking to gain insight into their contingent workforce activity and spend, and partner with a company who could provide a road map to assist with their global expansion. Specifically, they had four goals:
Following a very robust RFP process, the customer selected Workforce Logiq, in part, based on positive third-party recommendations and our proven ability to deliver a world-class MSP and VMS solution.
Based on executive interviews, program management feedback, and data analyses during our initial discovery sessions, the following challenges were identified:
Together, the Workforce Logiq program management team and the customer designed and implemented an integrated MSP and VMS solution–with a specific focus on training and program adoption, especially the expansion of the bidding process to a wider range of suppliers for competitive pricing and significant cost savings.
Workforce Logiq uncovered $18 million of untracked spending."
A 60-year old pharmaceutical company with 5,000 employees across associated businesses was spending more time and money on contingent labor and less time developing new products for the market. Their contingent labor needs ranged from clinical, scientific, and quality assurance staff to support their research and development efforts, to information technology to administrative personnel.
The company’s third-party VMS was limiting its ability to:
It became apparent that to be effective and gain credibility with the managers and executives, the new program had to mirror the customer’s established hiring practices while improving the overall process. With this consideration in mind, the Workforce Logiq solution included the following:
By creating a vendor-neutral environment, standardizing contingent labor practices and leveraging our industry-leading technology, the Workforce Logiq MSP program achieved critical workforce management improvements, including:
We've reduced new hire turnover to less than 1% since partnering with Workforce Logiq."