<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=22574&amp;fmt=gif">

Process Optimization

Optimize Your Processes & Improve Your Contingent Strategy

PROCESS OPTIMIZATION CAN YieLD SUBSTANTIAL OPPORTUNITIES

All companies have unique processes for sourcing, on-boarding, scheduling, tracking, managing and paying their contract workers. Unfortunately, for most organizations, these processes are fragmented, sub-optimal and disjointed across many different departments, sometimes across a diverse global organization. This can lead to miscommunication, extra administrative effort, duplication, wasted time and a higher risk of error—especially when handled manually.

A well designed workforce management program can yield substantial opportunities and it starts with a thorough analysis of your current state and the subsequent design of a custom future state, to address your specific requirements. The outcome is the bringing together of your workers, processes, and data, in an integrated, automated process, which will significantly enhance your management efforts and cut costs in the process.

HCMWorks can help address this, be it by assessing your internal workforce management program and providing recommendations, or by helping you design and implement a new program. Our goal is to give you the added tools and external support to help you achieve your workforce management objectives.

We can help you optimize your contingent management processes in a number of ways.

“The HCMWorks team was the foundation in the implementation of a contingent workforce managed solution which extends from the hiring process to the payment of consultants.  For more than 5 years, our partnership with HCMWorks enables us to effectively meet our objectives in accessing a large talent pool, all while controlling our costs.” 

Vendor Management Client

"Having had HCMWorks and their team of professionals supporting our contract resources over the past four years has been a pleasure. HCM experts continue to provide solid and consistent resource management, procurement and administration and we appreciate the efforts that they successfully offer. Having them on our team is a huge asset!" 

Senior Manager, Data Centres

"I've been working for almost 10 years with the HCMWorks' team and I hope to continue for another 10 years.  Professional and passionate are few words that best describe this team. They offer excellent overall service and are always available for any inquiries. Their knowledge of the market makes them an asset for the business. I would not hesitate to recommend them." 

National Senior Manager Staffing Office

OPTIMIZE YOUR PROCESS WITH A CONTINGENT WORKFORCE MANAGEMENT PROGRAM

What should the objective of your Contingent Workforce Management Program be?

As a first step, a Contingent Workforce Management Program should seek to eliminate or automate the cumbersome, manual, transactional and time-consuming administrative tasks that waste your managers’ time. These can be replaced by data, value-added insights and quality information for your managers to use and benefit from, for better decision making.

How HCMWorks can Help Optimize Your Contingent Strategy

Click Image to View Larger

What sorts of examples apply?

For example, a hiring manager, can easily evaluate the costs and productivity of his external workers with accurate, real-time performance data  of other, similar contingent workers across the organization. This leads to the hiring manager understanding if he should renew a worker’s contract, or who would be best to hire for a new project. This can significantly increase productivity and reduce workforce costs.

Why do many organizations still lack this workforce visibility?

For some, it appears to be a monumental task to overcome. Imagine that companies are currently managing their external/flexible workforce manually, through multiple clusters of decision makers and departmental layers such as payroll, human resources, business line managers and procurement. Because of that, many organizations cannot truly determine the effectiveness of their external workforce, practices, or processes.

How can HCMWorks help me address these process optimization gaps?

By investing in your workforce management program, you can quickly improve quality, increase productivity and operational efficiency, and save time, all of which will lead to reduced costs. Having a flexible contingent workforce management program that allows you to store, monitor, compare, and assess workforce data can help you discover new best practices that can be adopted across your company for big savings.

Our clients often ask for our help to support them in optimizing these key processes:

  • Automation
  • Competitive Bidding Cycle
  • VMS Re-Configuration
  • Management Time
  • Administrative Time and Errors
  • Improved Visibility and Decision Making
  • Recruitment and Sourcing
  • Alternative Sourcing Channels
  • Invoicing

Optimize Your Processes with HCMWorks

The HCMWorks Blog

Who is Responsible for the Contingent Workforce: HR or Procurement?

Who is Responsible for the Contingent Workforce: HR or Procurement?

For the past decade the gig economy - which is made up of contingent workers, such as freelancers, contractors, consultants and temporary workers - has been increasing rapidly. It’s now widely believed that as much as 30-40 per cent of the entire US workforce is working in contingent roles.

Traditionally, these contingent workers were perceived as lowly paid workers who filled, mostly, unskilled jobs. This is definitely not the case any longer, as highly-skilled workers are actively seeking out contingent work so they are free to work from where they want, at what time they want - all...

> Read More

4 Ways to Improve the Performance of Your Contingent Workforce

4 Ways to Improve the Performance of Your Contingent Workforce

With an estimated 30-40 percent of the US workforce now making up what we call the contingent workforce, large organizations must now shift their talent acquisition and workforce management strategies if they are to meet workforce targets.

These contingent workers, which are made up of freelancers, contractors, consultants and temporary workers, offer a wide range of benefits for your company, including:

> Read More

What is an MSP and how Will They Revolutionize Your Contingent Workforce Management Strategy?

What is an MSP and how Will They Revolutionize Your Contingent Workforce Management Strategy?

Today’s business landscape has changed dramatically from that of 10 years ago. Large organizations now rely on a broad pool of vendors to supply the assets they need if they are to continue to meet the demands of their clients and grow.

> Read More