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How Reporting and Analytics from DirectSource helped a Company manage their contingent workforce effectively and efficiently​​

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Company Background Our client is a large manufacturing company that specializes in producing consumer electronics. The company has a global presence and employs over 10,000 people across various countries. The company has been using a direct sourcing platform to manage their contingent workforce for several years.​

Challenges: The client was facing several challenges with their current reporting and analytics process. These included:​

1.Lack of visibility: The client had limited visibility into their contingent workforce data, which made it difficult for them to make informed decisions.​

2.Time-consuming manual reporting: The client relied on manual reporting, which was time-consuming and prone to errors.​

3.Limited insights: The client was unable to gain valuable insights into their contingent workforce data due to the limitations of their reporting process.​

Solution: To address the challenges faced by the client, we implemented a new reporting and analytics solution. This solution involved the following steps:​

1.Data integration: We integrated the client’s direct sourcing platform with a reporting and analytics tool. This allowed the client to access real-time data on their contingent workforce.​

2.Customized dashboards: We developed customized dashboards that provided the client with a visual representation of their contingent workforce data. These dashboards were tailored to the client’s specific needs and requirements.​

3.Automated reporting: We automated the client’s reporting process by setting up scheduled reports. This reduced the time and effort required for manual reporting.​

4.Data analysis: We analyzed the client’s contingent workforce data to provide insights on areas such as vendor performance, cost savings, and workforce utilization.​

Benefits The new reporting and analytics solution provided the following benefits to the client:

  1. Increased visibility: The client gained increased visibility into their contingent workforce data, which enabled them to make informed decisions.
  2. Time savings: The automated reporting process saved the client time and effort, freeing up resources to focus on more strategic tasks.
  3. Valuable insights: The client gained valuable insights into their contingent workforce data, allowing them to identify areas for improvement and cost savings.
  4. Improved vendor management: The client was able to better manage their vendors by analyzing vendor performance data. Overall, the new reporting and analytics solution improved the client’s ability to manage their contingent workforce effectively and efficiently

Simplifyhire is a leading direct sourcing talent acquisition platform that helps businesses of all sizes find, engage, and hire the right talent quickly and cost-effectively. With its powerful AI-driven technology, Simplifyhire enables recruiters to source more than 100 million passive candidates from over 200 countries and territories. Simplifyhire also provides automated candidate engagement and comprehensive reporting to help its users make informed decisions. With features like multi-language search, auto-follow-up, and candidate outreach, Simplifyhire is helping companies save up to 60% of their time in the hiring process and reduce their cost-per-hire by up to 70%. More than 5,000 businesses around the world, including the likes of Microsoft, Amazon, and IBM, are leveraging Simplifyhire to optimize their hiring efforts and build top-performing teams.

For more information contactus@simplifyvms.com ​, follow us at​ @SimplifyVMS on LinkedIn​

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