Shared Managed Services
Let VectorVMS be your strategic partner to your extended workforce program.
What Is Shared Managed Services?
SMS is a hybrid program that allows our clients to directly manage their contingent workforce program while still receiving specialized services of their choosing.
From consulting to managing the day-to-day administration, you have direct access to experts who can help take the pressure off of direct contingent workforce management. You have full ownership of your program with the backup of contingent staffing expertise. Think of us as an extension of your team.
We employ a team of industry experts. Drawing on decades of experience supporting customers like you, we can help optimize your contingent workforce program and bring your talent strategies to life.
How SMS Can Support Your Efforts
By partnering with us, you get the most flexible operational model in the vendor management industry. Utilizing VectorVMS and our hybrid approach allows your team to:
- Control key decision factors
- Offload operational tasks
- Blend your Contingent workforce into your overall Talent Acquisition Strategy
Let our team tackle the details of contingent workforce management so your team can focus on strategy. We can drive efficiencies by taking on key initiatives such as:
- Invoicing and payment
- Vendor onboarding and training
- Vendor audits
- Compliance audits
- Rate rationalization
Our program managers work for you. Trust our team to support your selection workflow with no affiliation to staffing suppliers, so you can:
- Access the largest talent pool at the most competitive rate
- Get objective vendor analysis
- Let your data drive process improvements
Best Practice Consulting
With VectorVMS, your seasoned program manager is always within reach. Drawing on broad and deep experience helping clients like you, we advise your procurement and HR team on best practices for:
- Controlling costs
- Managing risk
- Elevating candidate and vendor quality
- Implementing efficient workflows
Using real-time analytics allows you visibility into your contingent workforce. We assist in developing your metrics by using this data to identify trends and maintain budgets. This allows you to accurately plan, budget, or forecast for the future of your contingent workforce talent strategy, on topics such as:
- Total spend
- Supplier quality
- Supplier scorecard
- Spend by category
- Project and cost center allocation
Total Talent Ecosystem
The landscape of talent is forever changing. Today’s labor force demands a diverse talent ecosystem that addresses the needs of these types of workers as it relates to attraction, retention, and compliance. Our solution allows our expert staff to develop “plug and play” options for additional expertise in the following categories:
- Talent pools
- Direct sourcing
- Freelance management
- IR35 compliance
- IC vetting
- Big data analytics
- Artificial intelligence
We have seen tremendous growth in our program since we started with VectorVMS in 2013. Having the support of our SMS account manager has allowed us to meet our strategic goals while having an expert on-demand.
Lakshmi Naganathan, Sr Corporate Recruiter at Railinc