Prosperix’s new VMS (vendor management system) network enables growing businesses to procure pre-qualified external workers and reduce their hiring spend.
More information is available at https://prosperix.com/vendor-management-system
The patent-pending system is ideal for hiring businesses looking to reduce their time-to-hire while keeping their contingent workforce costs low. Building on the flexibility of a traditional VMS system, the new networked or ‘cloud-based’ VMS can streamline hiring processes by using AI to provide greater data insights and connect with optimal talent pools and suppliers. In doing so, it can automate processes like candidate sourcing, onboarding, contracting, invoicing, and off-boarding.
The cloud-based VMS unites talent suppliers, candidates, and hiring businesses. The system reduces hiring costs by connecting companies to larger, more competitive talent pools. Once registered, companies can set up a company profile and begin configuring their hiring workflow, publishing job listings, and filling external workforce positions. Prosperix’s automated contracting and onboarding system ensures that candidates can accept job invitations and start collaborating as soon as possible in order to fill essential positions quickly.
Moreover, it generates real-time reports and KPI (key performance indicator) analytics that assess the efficacy of the hiring program. As such, platform users can adapt their workflow pipeline in accordance with their performance needs, as well as customize their submissions, interview, and onboarding processes. The networked VMS compiles talent pools and suppliers throughout the US and Canada covering an ever-increasing range of skills. It matches suppliers with jobs based on their profile, talent pool skill area, and past performance in the field.
Ultimately, the VMS network enhances clients’ access to external workforce candidates and talent suppliers, enabling them to respond to industry demands in real time and strengthen their operations. This increases company agility and supports internal and full-time staff.
A spokesperson for the company said, “Our contingent workforce solution brings together hiring businesses, talent suppliers, and candidates into a common ecosystem, enabling precise connections, richer insights, lower costs, and faster hiring in a cloud-based Vendor Management System.”
More information can be found by visiting https://prosperix.com/vendor-management-system
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Bengaluru Bytes journalist was involved in the writing and production of this article.
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