For awhile now there have been two camps of thought concerning how to best help Corporations improve the management of their contingent workforce spending. At first, there were stand alone VMS (Vendor Management Software/Service) companies that applied technology to this business issue, Over time the large Staffing firms jumped in and through their MSP (Managed Service Provider) offerings and the acquisition of some of the VMS technology companies, they have been able to effectively help their largest corporate clients better manage the flow of contingent spending. Who is right and who is wrong ???
Posts Tagged ‘VMS’
VMS Hell from a staffing industry point of view
Thursday, April 22nd, 2010 by Tim Giehll
First of all, I have to give full credit for this post to the Californai Staffing Association. The information written by them below is one of the BEST descriptions of what staffing firms many times deal with when they interact with a corporate VMS. It is important for all parties; 1) the corporate client, 2) the VMS/MSP and 3) the staffing firm to better understand the common frustrations of interfacing with a VMS environment. Happy Reading !!!
===================================================
VMS Software for the Masses
Monday, April 19th, 2010 by Tim Giehll
In a recent report by research firm Staffing Industry Analysts, it was found that the percentage of companies using Vendor Management Systems ( VMS ) jumped from 34 percent in 2007 to 63 percent in 2009. Staffing Industry Analysts also predicted the rate would climb to 81 percent in 2011.
VMS Is On Its Death Bed
Thursday, January 28th, 2010 by Tim Giehll
Following the bankruptcy of Chimes and then the bankruptcy of that small healthcare VMS, I thought we were done. But now the Albany Group VMS in the UK had their funding pulled out from under them. Who is next??? Bee Line was bought by Adecco, so they are safe. Which VMS do you feel will be the next to file bankruptcy or be acquired??
Stand alone VMS solutions are like labor unions. When they were started they served an important purpose, but now they are no longer relevant. VMS sounds like a Buggy Whip to me!! Let’s think about why!!
