“A company that takes on primary responsibility for managing an organization’s contingent workforce program. Typical responsibilities of an MSP include overall program management, reporting and tracking, supplier selection and management, order distribution and often consolidated billing.”
According to the Staffing Industry Analysts, a vendor management system (VMS) is “an internet-enabled contingent worker sourcing and billing application that enables an organization to procure and manage a wide range of contingent workers and services in accordance with the organization’s business rules.”
Knowledge Services currently supports the States of Indiana, Maine, Tennessee, Arizona, Florida and Utah with our MSP and the dotStaff™ VMS.
On average, our clients see a 20% reduction in their temporary labor spend.