In today’s tight staff augmentation market, companies are looking for ways to optimize their procurement and management of contingent staff. With XRMSM Solutions, companies get better systems and services to enhance the value of their contingent workforce needs.
XRMSM Solutions is a state-of-the-art vendor management service (VMS) consisting of web-enabled software tools (XRMSM Systems) and tailored assistance programs (XRMSM Services). XRMSM Solutions is a completely customizable solution set that generate measurable and important benefits for clients looking to optimize the procurement and management of their contingent (temporary, contract and 1099) workforce.
XRMSM Solutions is a highly flexible service effectively handling both Professional and Light Industrial contingent workers:
- Professional – Engineers, IT, Contract, 1099 and other professionals
- Industrial – Manufacturing, Warehousing, Logistics, and other light industrial contingent workers
XRMSM Solutions is based on a Software as a Service (SaaS) business model which allows for the following add-ons to be offered without cost to the client:
- System customization and systems integration
- Training Fees
- Software Licensing
- Maintenance / Upgrade fees
- Program Management fees
XRMSM Systems
The XRMSM System is a completely customizable software tool which helps automate the procurement and management of contingent labor. It is comprised of 3 sub-systems:
- Automated Procurement System - job requisition creation, approval and broadcasting; candidate submission; selection and on-boarding/off-boarding processes
- TimeRecord Automation Center (AcroTrac®) - time and expense capture and review
- Electronic Invoicing - invoice preparation/transmittal and audit reporting
Each system is closely tailored to client-specific requirements, including terminology, processes, protocols, etc. Clients are provided a substantial bank of programming hours, free of charge, to be applied to customization and integration requirements. The XRMSM System effectively applies the optimal technologies – they are entirely web-based, entirely consistent in design, fully integrated and provided through a secure website.
The XRMSM System has been designed and developed to provide clients full assurance of vendor neutrality - qualified suppliers have equal access, equal information and equal opportunity. XRMSM Solutions is committed to assuring approved vendors experience a “level playing field.”
XRMSM Services
The XRMSM Solutions set is supported by completely customized services (XRMSM Services). Some of these services include:
- Program pricing model development
- Development of program structure and protocols
- System integration requirements
- Accounting and financial reporting
- End-to-End Program Implementation and Management
- Supplier Management
- On-boarding and Off-boarding support
In addition, the XRMSM Services team provides complete customer support (on-site at the client location or off-site from Acro's offices) to users including appropriate user training.
An XRMSM Solutions Program can be funded though a wide range of options, including programs that are entirely free of charge to the client and/or participating suppliers. Program pricing can be set up on a percentage fee basis, percentage of savings basis, license plus support fee basis or on a transaction based fee. In addition, the program fees can be paid directly by the client or as a mark-down by the suppliers.
Incorporating today’s leading technology, XRMSM Solutions is the right choice for businesses looking to optimize their procurement and management of contingent labor.
Benefits
While offering new and better services, XRMSM Solutions also understand the financial focus of today’s companies. XRMSM Solutions’ generates Increased Savings and Improved Performance. With XRMSM Solutions, clients can:
- Gain full control of contingent (external) labor spend
- Make pricing consistent
- Promote cost savings through Consolidation, Standardization and Improved Quality
- Optimize price/performance through vendor neutrality assurances
In addition to above benefits, XRMSM Solutions also helps companies increase their minority spend since XRMSM Solutions is owned by a certified minority owned business. XRMSM Solutions is also unique in its marketplace as it supports the management of contingency workforce in both professional and light industrial labor categories with the same system and has features that address the specific business processes needs of all labor categories.
XRMSM Professional addresses the need for the best person, at the best price. It is typically resume driven, with clients selecting the best qualified candidate.
XRMSM Light Industrial addresses the workforce on demand need. It is typically driven by required staffing levels.
Clients can further achieve the benefits of XRMSM Solutions by choosing a system that fully integrates both XRMSM Professional and XRMSM Light Industrial into a single solution set.
In today’s corporate culture, time is of the essence when identifying and filling workforce needs. By partnering with XRMSM Solutions, our clients receive Faster Turn-Around time for their open positions by:
- Improving processes through automation and standardization
- Reducing time-to-hire
- Improving new hire effectiveness which eliminates false start waste
- Eliminating time consuming paperwork
- Implementing customizable systems that incorporate each client’s unique culture and terminology
Contact us today for a confidential review of your company's challenges, objectives and discuss how Acro's XRMSM Solutions can develop a low-risk and cost saving custom program that meets your specific Contingent Workforce Management objectives.