The challenge: A first-generation MSP urgently needed.
Our New York-based financial technology client needed a first-generation MSP that offered an outstanding user experience, cost savings, benchmarking, compliance, and visibility.
Previously, the client was running an internal temp desk without VMS technology for agency spend and had various individual hiring managers owning the process for consultants and independent contractors.
The solution: A three-phase worldwide solution implementation.
TestMSP® was selected based on our ability to offer a world-class program incorporating every element of third-party labor. Our footprint, experience, data and analytics, and partnership mindset were sighted as key award drivers.
We designed a three-phase implementation starting with the US and Sweden agency spend, adding IC and SOW, and finally including all types of labor in the rest of the world. It included:
- Supplier optimization drove outstanding candidate quality by leveraging alternative sources of talent.
- Strategic benchmarking of rates & performance against similar clients with proprietary Test® Helix Analytics driving cost savings.
- Managing global on-boarding and pre-screening on behalf of suppliers to drive compliance, consistency, and reduce time to fill.
The value: Cost savings, speed, compliance extend program.
The new program launch—including SAP Fieldglass VMS technology—was successful all around. The numbers speak for
themselves:
- $6M in hard dollar cost savings to date.
- Time to fill is less than 10 days.
- 100% consistent compliance against every internal and external audit.
- Contract continues to be extended without competitive bids.
