Vendor management system provider Beeline introduced what it calls an “extended workforce platform” to help businesses manage and optimize their contingent workforce.
The platform takes an approach that is less spend-focused and more “talent-centric and intelligence-driven,” Beeline said, and is designed around the specific dynamics of managing an external workforce..@BeelineVMS introduces “extended workforce platform” to help businesses manage and optimize contingent workforce. #HR #HRTech Click To Tweet
“The evolution of external workforce management demands a technology partner built for today’s reality,” said Beeline CEO Doug Leeby. The new platform “goes beyond the typical benefits of a VMS” to optimize external talent, leverage data and connect with the contingent talent already in a company’s network, he said.
Essentially, the platform has VMS functionality at its center, then adds on layers of “intelligence, connectivity and experience” to more effectively manage external workers.
Adding Beeline Data
The platform includes features that leverage Beeline’s data set of more than 30 million workers and over $700 billion in talent spend over some 20 years. The platform pairs this with real-time intelligence to offer analytics that can be used to optimize external workforce programs.
The platform also accesses Beeline’s partner network, a collection of workforce solutions designed to help customers sync applications across the organization in order to use contingent workers as intelligently as possible.
Matt Norton, global workforce solutions manager at Staffing Industry Analysts, said the platform’s launch indicates that the term “vendor management system becoming an increasingly narrow description for the breadth and depth of available solutions.”
Recently, Beeline and labor supply management platform Brightfield partnered to analyze the costs associated with ineffective job descriptions and uninformed buying behavior. Using Brightfield’s TDX platform, they analyzed more than 1 million transactions to isolate 2,000 unique buying behaviors that influence business outcomes. Beeline customers can use the resulting intelligence to examine buying behavior and guidance on a variety of purchase criteria.