SlideShare a Scribd company logo
1 of 14
TOP 5
RECRUITER-
APPROVED
VENDOR
MANAGEMENT
SYSTEMS
THE EVOLUTION OF THE
MODERN DAY VMS
1993 1996 1997 2002 2006
Geometric
Results Inc
(GRI)
develops
PeopleNet
for Ford
Motor
Company
PeopleNet
became an
automated
VMS System
MSX
International
purchased
GRI offering
a vendor
neutral
automotive
marketplace
More than 50
web-based
VMSs
appeared on
the market
BarTech
Corp. began
running the
Delphi VMS.
Today it uses
SAP’s
Fieldglass
tool to do so
STRATEGIC IMPORTANCE OF
A VMS
1. They can help to determine the gaps and overlaps in vendor
management tasks and activities
2. Helps Small to Medium Enterprises to categorize and classify
vendors allowing a focus on strategic vendors to be managed
better
3. Keep track of how the program matures allow for leveraging
of enterprise knowledge by establishing best practices
4. Allows for communication of how vendors will be managed
starting with the RFP
5. Streamlines overall communication process with vendors to
avoid both internal and external conflicts in messaging
VMS FRAMEWORK
Our picks for
the Top 5
VMSs for SMEs
1. Beeline
2. SAP Fieldglass
3. Zerochaos
4. Wand by
ProUnlimited
5. Acceleration by
AgileOne
OUR EXPERT RECRUITERS
Paresh Kurani is our head of recruitment in
California. He has over 15 years of experience with
recruiting in the IT space and has been working
with Compunnel for over 2 years now.
Tarun Jaiswal is an assistant manager at
Compunnel Staffing. He has over 6 years of
experience with recruiting staff from the executive,
director and VP level to technical engineers and
other IT staff.
“We have made our recommendations based on
the following criteria:
- Ease of use - how easy the VMS is for recruiters to use
- Efficiency - how much it helps to improve workflow efficiency
- Automation - how many processes it helps to automate
- Differentiators - what makes it different to other VMSs.
1. BEELINE
▸ Ease of use
▸ Efficiency
▸ Automation
▸ Differentiators:
- Simple candidate entry process
- Intuitive dashboard
- High quality reporting
“Beeline allows suppliers to pull timesheet data directly from their
application and load it seamlessly into various office systems. It
improves supplier performance by allowing them to access
payment registers, timesheets, submission summaries and
contract expiration dates.” - Tarun Jaiswal
Owned by Adecco Group, Beeline is one of the largest vendor
management service providers. It offers intelligent workforce solutions,
aiding procurement, sourcing and human resources professionals
optimize costs, reduce risks, and add value to their contingent labor
programs.
2. SAP- FIELDGLASS
▸ Ease of use
▸ Efficiency
▸ Automation
▸ Differentiators:
- Communication with program POC via VMS portal chat
functionality
- Historical data
- Integration with Docusign
- Library section for latest program rules and policies
- Multi-data points report generation
Founded by Jai Shekhawat in 1999 and acquired by SAP in 2014 it is a long-standing
leader among procurement service providers. It is used by organizations globally to find,
engage and manage all types of flexible resources. They operate in 165 countries,
helping companies automate the entire process of procuring and managing temporary
talent, transforming how work gets done, increasing operational agility and accelerating
business outcomes in the digital economy.
“Fieldglass is highly intuitive for recruiters, account managers and for teams that need timesheet
or invoicing functionality” -Paresh Kurani
3. ZEROCHAOS
▸ Ease of use
▸ Efficiency
▸ Automation
▸ Differentiators
-Single Sign in for multiple clients
-Notification for any status change
-Candidates in the pool can be submitted to multiple jobs directly
“The best part is that they initiate background checks and DT. All the
information is available to us directly on their system” - Tarun Jaiswal
Owned by Harold Mills, ZeroChaos–one the largest African-American owned companies in the
country. Based in Orlando, Florida, this workforce management and staffing company has more
than 26,000 contracted employees worldwide. Their VMS system is customizable to support
various business workflows and enables supplier profiling, requisition or order creation and
distribution, candidate submissions, on and off-boarding, time and expense keeping, consolidated
billing, reporting and more.
4. PRO UNLIMITED - WAND
Wand is owned by Pro Unlimited and is a robust, omnichannel
solution that can be used by various stakeholders in the contingent
labor ecosystem. They focus on providing a rich user experience,
interactive business intelligence and self sourcing.
▸ Ease of use
▸ Efficiency
▸ Automation
▸ Differentiators:
- Single Sign in for multiple clients
- Common candidate pool of all clients
“Wand might be the only VMS portal with an effective resume parsing and
entry process ” -Paresh Kurani
5. AccelerationVMS- AgileOne
▸ Ease of use
▸ Efficiency
▸ Automation
▸ Differentiators
- Intuitive user experience
- Easy to explore and understand
“They probably have one of the best reporting views available
amongst VMSs on the market. - Tarun Jaiswal ”
Owned by AgileOne, AccelerationVMS endeavours to connect hiring managers,
workers and staffing suppliers via a single real time platform. It supports job
requisitioning, onboarding and attributes time capture, job order fulfillment and
reporting.
THE
FUTURE
OF VMSs
Integrations with public and private talent
pools
Integrations with background and drug
check providers
Incorporate referrals, freelance platform
integrations and recruitment marketplaces
WHAT’S NEXT FOR VENDOR MANAGEMENT SYSTEMS?
THE END
Please subscribe to our Knowledge Center
for more insights!
Like, follow and share with us on
Visit us at https://staffing.compunnel.com

More Related Content

What's hot

SuccessFactors BizX overivew
SuccessFactors BizX overivewSuccessFactors BizX overivew
SuccessFactors BizX overivewAndrey Kulikov
 
Recruitment and selection process synopsis
Recruitment and selection process synopsisRecruitment and selection process synopsis
Recruitment and selection process synopsisNesar Ahmad
 
RPA in Healthcare
RPA in HealthcareRPA in Healthcare
RPA in HealthcareCitiusTech
 
Operational resilience presentation 1 (1)
Operational resilience presentation 1 (1)Operational resilience presentation 1 (1)
Operational resilience presentation 1 (1)Ebere Ikerionwu
 
Flexible Benefits (Towers Watson) MAR11
Flexible Benefits (Towers Watson) MAR11Flexible Benefits (Towers Watson) MAR11
Flexible Benefits (Towers Watson) MAR11Inspiring Benefits
 
Manpower Recruitment Agency, Recruitment Consultant, Best Solution for Recru...
Manpower Recruitment Agency, Recruitment Consultant,  Best Solution for Recru...Manpower Recruitment Agency, Recruitment Consultant,  Best Solution for Recru...
Manpower Recruitment Agency, Recruitment Consultant, Best Solution for Recru...MM Enterprises
 
Human Resource Technology Powerpoint Presentation Slides
Human Resource Technology Powerpoint Presentation SlidesHuman Resource Technology Powerpoint Presentation Slides
Human Resource Technology Powerpoint Presentation SlidesSlideTeam
 
SAP HCM: Talent Management Story
SAP HCM: Talent Management StorySAP HCM: Talent Management Story
SAP HCM: Talent Management StoryAndrey Kulikov
 
Reducing BPO Costs
Reducing BPO CostsReducing BPO Costs
Reducing BPO CostsVivastream
 
IT Disaster Recovery Readiness
IT Disaster Recovery ReadinessIT Disaster Recovery Readiness
IT Disaster Recovery ReadinessBashar Alkhatib
 
Digital HR Technology Powerpoint Presentation Slides
Digital HR Technology Powerpoint Presentation SlidesDigital HR Technology Powerpoint Presentation Slides
Digital HR Technology Powerpoint Presentation SlidesSlideTeam
 
Recruitment, Selection & Onboarding
Recruitment, Selection & OnboardingRecruitment, Selection & Onboarding
Recruitment, Selection & OnboardingPeopleWiz Consulting
 
Capgemini your global aviation partner CoE Aviation
Capgemini your global aviation partner CoE AviationCapgemini your global aviation partner CoE Aviation
Capgemini your global aviation partner CoE AviationHikmat Mahawat Khan
 
Sustainable Recruitment Strategy
Sustainable Recruitment StrategySustainable Recruitment Strategy
Sustainable Recruitment StrategyVincent Truyens
 
HR Technology PowerPoint Presentation Slides
HR Technology PowerPoint Presentation SlidesHR Technology PowerPoint Presentation Slides
HR Technology PowerPoint Presentation SlidesSlideTeam
 

What's hot (20)

SuccessFactors BizX overivew
SuccessFactors BizX overivewSuccessFactors BizX overivew
SuccessFactors BizX overivew
 
Ats ppt
Ats pptAts ppt
Ats ppt
 
Recruitment and selection process synopsis
Recruitment and selection process synopsisRecruitment and selection process synopsis
Recruitment and selection process synopsis
 
RPA Uipath Presentation.pptx
RPA Uipath Presentation.pptxRPA Uipath Presentation.pptx
RPA Uipath Presentation.pptx
 
RPA in Healthcare
RPA in HealthcareRPA in Healthcare
RPA in Healthcare
 
Operational resilience presentation 1 (1)
Operational resilience presentation 1 (1)Operational resilience presentation 1 (1)
Operational resilience presentation 1 (1)
 
What is Application Management?
What is Application Management?What is Application Management?
What is Application Management?
 
Flexible Benefits (Towers Watson) MAR11
Flexible Benefits (Towers Watson) MAR11Flexible Benefits (Towers Watson) MAR11
Flexible Benefits (Towers Watson) MAR11
 
Manpower Recruitment Agency, Recruitment Consultant, Best Solution for Recru...
Manpower Recruitment Agency, Recruitment Consultant,  Best Solution for Recru...Manpower Recruitment Agency, Recruitment Consultant,  Best Solution for Recru...
Manpower Recruitment Agency, Recruitment Consultant, Best Solution for Recru...
 
Accenture Robotics Platform
Accenture Robotics PlatformAccenture Robotics Platform
Accenture Robotics Platform
 
Human Resource Technology Powerpoint Presentation Slides
Human Resource Technology Powerpoint Presentation SlidesHuman Resource Technology Powerpoint Presentation Slides
Human Resource Technology Powerpoint Presentation Slides
 
SAP HCM: Talent Management Story
SAP HCM: Talent Management StorySAP HCM: Talent Management Story
SAP HCM: Talent Management Story
 
Reducing BPO Costs
Reducing BPO CostsReducing BPO Costs
Reducing BPO Costs
 
IT Disaster Recovery Readiness
IT Disaster Recovery ReadinessIT Disaster Recovery Readiness
IT Disaster Recovery Readiness
 
Digital HR Technology Powerpoint Presentation Slides
Digital HR Technology Powerpoint Presentation SlidesDigital HR Technology Powerpoint Presentation Slides
Digital HR Technology Powerpoint Presentation Slides
 
Recruitment, Selection & Onboarding
Recruitment, Selection & OnboardingRecruitment, Selection & Onboarding
Recruitment, Selection & Onboarding
 
Seg dutieschecklist
Seg dutieschecklistSeg dutieschecklist
Seg dutieschecklist
 
Capgemini your global aviation partner CoE Aviation
Capgemini your global aviation partner CoE AviationCapgemini your global aviation partner CoE Aviation
Capgemini your global aviation partner CoE Aviation
 
Sustainable Recruitment Strategy
Sustainable Recruitment StrategySustainable Recruitment Strategy
Sustainable Recruitment Strategy
 
HR Technology PowerPoint Presentation Slides
HR Technology PowerPoint Presentation SlidesHR Technology PowerPoint Presentation Slides
HR Technology PowerPoint Presentation Slides
 

Similar to Top 5 VMS for SMEs in Staffing

The ultimate startup guide part2
The ultimate startup guide part2The ultimate startup guide part2
The ultimate startup guide part2PeoplePerHour
 
Week 4 power point slide -1-case study 1-customer relationship....salesforce
Week 4  power point slide -1-case study 1-customer relationship....salesforceWeek 4  power point slide -1-case study 1-customer relationship....salesforce
Week 4 power point slide -1-case study 1-customer relationship....salesforceZulkifflee Sofee
 
Week 4 power point slide -1-case study 1-customer relationship....salesforce
Week 4  power point slide -1-case study 1-customer relationship....salesforceWeek 4  power point slide -1-case study 1-customer relationship....salesforce
Week 4 power point slide -1-case study 1-customer relationship....salesforceZulkifflee Sofee
 
Send - InsurTech Innovation Award 2022
Send - InsurTech Innovation Award 2022Send - InsurTech Innovation Award 2022
Send - InsurTech Innovation Award 2022The Digital Insurer
 
What to look for in a Digital Experience Platform?
What to look for in a Digital Experience Platform?What to look for in a Digital Experience Platform?
What to look for in a Digital Experience Platform?Ruud Kluivers
 
1st day 4 - financial services & insurance technology trends and challenges
1st day   4 - financial services & insurance technology trends and challenges1st day   4 - financial services & insurance technology trends and challenges
1st day 4 - financial services & insurance technology trends and challengesLilian Schaffer
 
20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf
20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf
20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdfNur Izzati Mohd Saleh
 
FinancialForce Professional Services Automation (PSA) Datasheet
FinancialForce Professional Services Automation (PSA) DatasheetFinancialForce Professional Services Automation (PSA) Datasheet
FinancialForce Professional Services Automation (PSA) DatasheetSwiftype
 
Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...
Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...
Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...EfroTech
 
Salesforce & Infusionsoft
Salesforce & InfusionsoftSalesforce & Infusionsoft
Salesforce & InfusionsoftGeeta Hansdah
 
The Reign of Enterprise Mobility Begins - Q4 e zine- week 41
The Reign of Enterprise Mobility Begins - Q4 e zine- week 41The Reign of Enterprise Mobility Begins - Q4 e zine- week 41
The Reign of Enterprise Mobility Begins - Q4 e zine- week 41Pamela Vega
 
An IT Leaders Guide to Application Modernization.pdf
An IT Leaders Guide to Application Modernization.pdfAn IT Leaders Guide to Application Modernization.pdf
An IT Leaders Guide to Application Modernization.pdfLowCodeDigitalFactory
 
Qontak.com introduction
Qontak.com introductionQontak.com introduction
Qontak.com introductionDiani NM
 
Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3Sage X3
 
Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3Lauren Burton
 
OPTiiM Company Brief 20-04-2016nf
OPTiiM Company Brief 20-04-2016nfOPTiiM Company Brief 20-04-2016nf
OPTiiM Company Brief 20-04-2016nfDaniel Lorer
 

Similar to Top 5 VMS for SMEs in Staffing (20)

The ultimate startup guide part2
The ultimate startup guide part2The ultimate startup guide part2
The ultimate startup guide part2
 
Week 4 power point slide -1-case study 1-customer relationship....salesforce
Week 4  power point slide -1-case study 1-customer relationship....salesforceWeek 4  power point slide -1-case study 1-customer relationship....salesforce
Week 4 power point slide -1-case study 1-customer relationship....salesforce
 
Week 4 power point slide -1-case study 1-customer relationship....salesforce
Week 4  power point slide -1-case study 1-customer relationship....salesforceWeek 4  power point slide -1-case study 1-customer relationship....salesforce
Week 4 power point slide -1-case study 1-customer relationship....salesforce
 
Send - InsurTech Innovation Award 2022
Send - InsurTech Innovation Award 2022Send - InsurTech Innovation Award 2022
Send - InsurTech Innovation Award 2022
 
What to look for in a Digital Experience Platform?
What to look for in a Digital Experience Platform?What to look for in a Digital Experience Platform?
What to look for in a Digital Experience Platform?
 
1st day 4 - financial services & insurance technology trends and challenges
1st day   4 - financial services & insurance technology trends and challenges1st day   4 - financial services & insurance technology trends and challenges
1st day 4 - financial services & insurance technology trends and challenges
 
Graduating from Quickbooks: Intacct Whitepaper
Graduating from Quickbooks: Intacct WhitepaperGraduating from Quickbooks: Intacct Whitepaper
Graduating from Quickbooks: Intacct Whitepaper
 
20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf
20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf
20 BEST CRM SOFTWARE BASED ON PRICE AND EASE OF USE.pdf
 
FinancialForce Professional Services Automation (PSA) Datasheet
FinancialForce Professional Services Automation (PSA) DatasheetFinancialForce Professional Services Automation (PSA) Datasheet
FinancialForce Professional Services Automation (PSA) Datasheet
 
The 10 most prominent field service solution providers 2018
The 10 most prominent field service solution providers 2018The 10 most prominent field service solution providers 2018
The 10 most prominent field service solution providers 2018
 
Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...
Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...
Mehran Enterprises (Just for Men Haircolor) ERP implementation Case Study - P...
 
Salesforce & Infusionsoft
Salesforce & InfusionsoftSalesforce & Infusionsoft
Salesforce & Infusionsoft
 
The Reign of Enterprise Mobility Begins - Q4 e zine- week 41
The Reign of Enterprise Mobility Begins - Q4 e zine- week 41The Reign of Enterprise Mobility Begins - Q4 e zine- week 41
The Reign of Enterprise Mobility Begins - Q4 e zine- week 41
 
An IT Leaders Guide to Application Modernization.pdf
An IT Leaders Guide to Application Modernization.pdfAn IT Leaders Guide to Application Modernization.pdf
An IT Leaders Guide to Application Modernization.pdf
 
Qontak.com introduction
Qontak.com introductionQontak.com introduction
Qontak.com introduction
 
Cloud Business Solutions - whta we do
Cloud Business Solutions -  whta we doCloud Business Solutions -  whta we do
Cloud Business Solutions - whta we do
 
Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3
 
Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3Grow your enterprise faster with Sage X3
Grow your enterprise faster with Sage X3
 
Sage x3 brochure
Sage x3 brochureSage x3 brochure
Sage x3 brochure
 
OPTiiM Company Brief 20-04-2016nf
OPTiiM Company Brief 20-04-2016nfOPTiiM Company Brief 20-04-2016nf
OPTiiM Company Brief 20-04-2016nf
 

Recently uploaded

Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In ArjanArjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjanparisharma5056
 
How Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsHow Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsDavid Green
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...PayScale, Inc.
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationPayScale, Inc.
 
Employee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessEmployee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessHireQuotient
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024ClearedJobs.Net
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementBoundless HQ
 
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escortsaditipandeya
 
Ways to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsWays to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsSnapJob
 
HRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationHRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationRishik53
 
Situational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersSituational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersHireQuotient
 
Mercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human ResourcesMercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human Resourcesmnavarrete3
 
Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Dan Medlin
 

Recently uploaded (14)

Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In ArjanArjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
 
How Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsHow Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People Analytics
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislation
 
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
 
Employee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessEmployee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational Success
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership Management
 
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
 
Ways to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsWays to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time Jobs
 
HRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationHRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socialization
 
Situational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersSituational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample Answers
 
Mercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human ResourcesMercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human Resources
 
Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024
 

Top 5 VMS for SMEs in Staffing

  • 2. THE EVOLUTION OF THE MODERN DAY VMS 1993 1996 1997 2002 2006 Geometric Results Inc (GRI) develops PeopleNet for Ford Motor Company PeopleNet became an automated VMS System MSX International purchased GRI offering a vendor neutral automotive marketplace More than 50 web-based VMSs appeared on the market BarTech Corp. began running the Delphi VMS. Today it uses SAP’s Fieldglass tool to do so
  • 3. STRATEGIC IMPORTANCE OF A VMS 1. They can help to determine the gaps and overlaps in vendor management tasks and activities 2. Helps Small to Medium Enterprises to categorize and classify vendors allowing a focus on strategic vendors to be managed better 3. Keep track of how the program matures allow for leveraging of enterprise knowledge by establishing best practices 4. Allows for communication of how vendors will be managed starting with the RFP 5. Streamlines overall communication process with vendors to avoid both internal and external conflicts in messaging
  • 5. Our picks for the Top 5 VMSs for SMEs 1. Beeline 2. SAP Fieldglass 3. Zerochaos 4. Wand by ProUnlimited 5. Acceleration by AgileOne
  • 6. OUR EXPERT RECRUITERS Paresh Kurani is our head of recruitment in California. He has over 15 years of experience with recruiting in the IT space and has been working with Compunnel for over 2 years now. Tarun Jaiswal is an assistant manager at Compunnel Staffing. He has over 6 years of experience with recruiting staff from the executive, director and VP level to technical engineers and other IT staff.
  • 7. “We have made our recommendations based on the following criteria: - Ease of use - how easy the VMS is for recruiters to use - Efficiency - how much it helps to improve workflow efficiency - Automation - how many processes it helps to automate - Differentiators - what makes it different to other VMSs.
  • 8. 1. BEELINE ▸ Ease of use ▸ Efficiency ▸ Automation ▸ Differentiators: - Simple candidate entry process - Intuitive dashboard - High quality reporting “Beeline allows suppliers to pull timesheet data directly from their application and load it seamlessly into various office systems. It improves supplier performance by allowing them to access payment registers, timesheets, submission summaries and contract expiration dates.” - Tarun Jaiswal Owned by Adecco Group, Beeline is one of the largest vendor management service providers. It offers intelligent workforce solutions, aiding procurement, sourcing and human resources professionals optimize costs, reduce risks, and add value to their contingent labor programs.
  • 9. 2. SAP- FIELDGLASS ▸ Ease of use ▸ Efficiency ▸ Automation ▸ Differentiators: - Communication with program POC via VMS portal chat functionality - Historical data - Integration with Docusign - Library section for latest program rules and policies - Multi-data points report generation Founded by Jai Shekhawat in 1999 and acquired by SAP in 2014 it is a long-standing leader among procurement service providers. It is used by organizations globally to find, engage and manage all types of flexible resources. They operate in 165 countries, helping companies automate the entire process of procuring and managing temporary talent, transforming how work gets done, increasing operational agility and accelerating business outcomes in the digital economy. “Fieldglass is highly intuitive for recruiters, account managers and for teams that need timesheet or invoicing functionality” -Paresh Kurani
  • 10. 3. ZEROCHAOS ▸ Ease of use ▸ Efficiency ▸ Automation ▸ Differentiators -Single Sign in for multiple clients -Notification for any status change -Candidates in the pool can be submitted to multiple jobs directly “The best part is that they initiate background checks and DT. All the information is available to us directly on their system” - Tarun Jaiswal Owned by Harold Mills, ZeroChaos–one the largest African-American owned companies in the country. Based in Orlando, Florida, this workforce management and staffing company has more than 26,000 contracted employees worldwide. Their VMS system is customizable to support various business workflows and enables supplier profiling, requisition or order creation and distribution, candidate submissions, on and off-boarding, time and expense keeping, consolidated billing, reporting and more.
  • 11. 4. PRO UNLIMITED - WAND Wand is owned by Pro Unlimited and is a robust, omnichannel solution that can be used by various stakeholders in the contingent labor ecosystem. They focus on providing a rich user experience, interactive business intelligence and self sourcing. ▸ Ease of use ▸ Efficiency ▸ Automation ▸ Differentiators: - Single Sign in for multiple clients - Common candidate pool of all clients “Wand might be the only VMS portal with an effective resume parsing and entry process ” -Paresh Kurani
  • 12. 5. AccelerationVMS- AgileOne ▸ Ease of use ▸ Efficiency ▸ Automation ▸ Differentiators - Intuitive user experience - Easy to explore and understand “They probably have one of the best reporting views available amongst VMSs on the market. - Tarun Jaiswal ” Owned by AgileOne, AccelerationVMS endeavours to connect hiring managers, workers and staffing suppliers via a single real time platform. It supports job requisitioning, onboarding and attributes time capture, job order fulfillment and reporting.
  • 13. THE FUTURE OF VMSs Integrations with public and private talent pools Integrations with background and drug check providers Incorporate referrals, freelance platform integrations and recruitment marketplaces WHAT’S NEXT FOR VENDOR MANAGEMENT SYSTEMS?
  • 14. THE END Please subscribe to our Knowledge Center for more insights! Like, follow and share with us on Visit us at https://staffing.compunnel.com