In today’s world of work, contingent staffing has become a function of both Human Resources and Procurement, reflecting the shift to cost optimization and global competition. Companies have turned to third-party managed service providers for help. Unfortunately, most run-of-the-mill providers have proven they simply aren’t up to the job, because they fail to understand one vital reality — you procure things — you hire people. Randstad has been putting people to work for almost half a century. No one better understands how the relationship of demand, supply and information management determines efficient utilization of contingent labor and how critically it can impact your costs, risks and expectations. Randstad Managed Services (RMS) is focusing its vast resources on being the first complete workforce-based managed services provider, with the scope and perspective to maximize this vital process and address the interests of all stakeholders equally. RMS is a stand-alone business for Randstad, acting as a vendor-neutral, single-point-of-contact provider, backed by an extraordinary track record, an integrated business approach and state-of-the-art technology. The biggest difference of all, is that RMS approaches this as a staffing-focused process, not merely a software-based procurement system. Collectively, RMS and its affiliates around the globe manage nearly $1 billion in spend through managed staffing programs in over 30 countries on behalf of hundreds of clients. RMS maintains a network of nearly a thousand staffing suppliers to ensure each client is able to optimize the supply chain for quality, cost, and internal stakeholder satisfaction. The RMS solution manages the entire procurement life-cycle. This includes job order distribution, qualification, acquisition, contracts, rate card management, project costing, onboarding, time reporting, consolidated invoicing, candidate and supplier performance review, separation management, management reporting and tenure tracking.
From a business perspective, RMS solutions provide:
From a functional standpoint, RMS solutions provide: