The contingent workforce model has come a long way from days when they were looked upon as substitute workers when permanent workers go on leave or quit before a replacement could be hired. Innovation is the name of the game as organizations today explore new and innovative ways to leverage contingent workers to meet their worker requirements and create innovative relationships with them that don’t fit the traditional definition of employment.
Information technology has given a great boost to this innovative approach by changing the way we do things and changing business models and service delivery models. We’re also seeing continuing innovation in the technologies that support the use of contingent workforce programs.
Contract work is ubiquitous these days, with the workers taking jobs that require niche skills as well as jobs that need them to cut hair, drive taxis, design clothes or jewelry, sell handicrafts or offer accommodation to paying guests. Other jobs may require using technology to provide feedback, market concepts, edit/proof content or offer voluntary assistance in research projects. You could be a top honcho or a nuclear outage expert, a doctor or a software programmer fixing the code on an open source program. Online gig work is growing extremely fast with Uber drivers representing up to two-thirds of all online gig work.
It isn’t the same-old, same-old that your parents thought of as “temporary” work. It now has many faces:
Technology is being effectively used to ensure increased monitoring of remote workers and to standardize job tasks. Companies are focused on creating jobs that allow workers to set their own schedules, execute work from a remote location and enjoy the freedom to be paid for the work they perform instead of the amount of hours racked up at the workplace.
From supporting contingent workforce programs and helping to provide visibility into spend on the program and call out any maverick spend, Vendor Management Systems (VMS) have come a long way to provide many innovative functionalities aimed at wowing their users. Let’s take a look at the features that have been steadily added on by the VMS vendors, whose teams are highly innovative creative thinkers, dedicated to exceeding customer expectations.
To reap innovation, one must encourage it, measure it when it happens and reward it so that more people are encouraged to follow the path. A VMS vendor who is focused on innovation such as DCR can only offer an innovative VMS such as Smart Track with features and capabilities described below:
Does your VMS offer you any of these features? If not, it’s time to look into how Smart Track can help you not just manage your spend, but give you a look into your future needs as well. Call us at 1-888-DCR-4VMS to schedule a demo.
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