Think you're ready to outsource your contingent labor program to a managed service provider? Think again. Find out what the most commonly overlooked first step is before you prepare a business for outsourced contingent workforce management.
In a recent blog, we shared what to expect in Yoh's upcoming 30-minute crash course webinar 6 Easy Steps to Building a Winning MSP Business Case. But, what we failed to address is what beyond developing a winning business case, you must consider before calling on a managed service provider.
After all, making the decision to outsource contingent workforce management isn’t necessarily the most complex part of the process. Some organizations choose to self-manage their contingent labor program, and with it, the operations that accompany it; including sourcing and hiring contingent workers, on and off-boarding employees, managing and reporting on spend, tracking and paying employees, meeting compliance standards, and so on and so forth.
However, other companies decide to implement, or re-launch, a Managed Services Provider (MSP) program. This is when a third-party enters the equation and takes over the contingent labor program for the hiring organization. It is usually a solution for large populations of contingent workers, like temporary labor, independent contractors, etc.
The goals of outsourcing these functions can vary, but typically (and especially for new programs) are related to cost-savings, streamlining staffing supplier relations, and continuous quality improvement as the program matures. Before contemplating managed services as a staffing solution, there are several organizational factors you must consider.
The Key To Unlocking a Winning Business Case
And who better than to break these down than our resident expert and upcoming webinar speaker, Erin Fortunato. As the VP of Enterprise Solutions for Yoh, Erin works through the complexities of change management with new MSP clients. During the brief MSP webinar, she’ll provide a thorough overview of what areas managers or buyers of contingent labor ought to evalute before they can prepare a winning MSP business case.
This critical but often overlooked first step can make or break the business case. It is vital to predict how your organization will respond to the change brought on by a Managed Service Provider program. Everyone from members of your IT department to HR and corporate leaders will be impacted by your suggestion to hire a managed service provider. Have you fully vetted out what this looks like for these key stakeholders, and more importantly, identified how you will communicate your vision of success to each of them?
We hope you can join us for the live webinar on Wednesday, October 5 at 1 PM EDT to learn the three keys considerations before building out a winning MSP business case. But, if you can't make it, please sign up to snag your complimentary copy of the webinar recording and the presentation deck. Have a specific question related to this topic? Drop us a note in the comments section below!