Your Vendor Management System Solution
Ultimately it is the purpose of all business enterprises to produce maximum profits through increased revenues and cost control.
As the largest line-item expense in every corporation’s budget, personnel costs demand regulation. APRU (Advanced Platform | Resources Unlimited) provides management oversight to ensure market-competitive bill rates/direct hire fees while maintaining quality standards in personnel submissions.
APRU’s contingent workforce management system enables the process of procuring, organizing, and managing not only the contingent and project-based personnel but also full-time positions using time-tested components. By centralizing the procurement of contract/temporary/full-time employees, improved efficiency is achieved. APRU is scalable to link you with candidates and approved staffing services, providing effective search and procurement capabilities and incorporating tracking and reporting functionality to accurately chart your return on investment and increased productivity.
Top 5 APRU Advantages:
10%-30% savings on total contingent spend
- Review, consolidate and streamline global supplier sources for the entire organization
- Standardized ordering process for contingent workers with improved hiring efficiencies
- Enabling company personnel to focus on core competencies
- Improving commitment level of staffing suppliers by earning volume discounts
Avoid (Sarbanes-Oxley Act) SOX and other compliance problems
- Providing tighter controls over procurement practices
- Insurance certificates
- Proper authorization for expenditures
- Management of onboarding and offboarding forms
Visibility and control of all external contingent spend
- Standardized reports and performance measurements
- Centralized budgeting and billing of contingent workforce on a single consolidated invoice
- All contingent spend is in program – containing maverick spend
Mitigate risks associated with co-employment and 1099 management
- Contractual control of contingent workforce
- ALL spend is approved consistently
- Centralized control of labor relations
Foster Supplier Competition
- Build relationships with diverse group of suppliers
- Vendor Neutral
- Negotiated market rates based on local benchmarking standards
Considering a Vendor Management System? Here are 10 signs your business would benefit from implementing a VMS.
Doherty offers a custom VMS solution to fit your unique workforce needs.
