Prosperix VMS Network
Prosperix VMS Network
Our contingent workforce solution brings together hiring businesses, talent suppliers, and candidates into a common ecosystem, enabling precise connections, richer insights, lower costs, and faster hiring in a cloud-based Vendor Management System.
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Fully Integrated Hiring Marketplace
Prosperix VMS Network is fully integrated with a Hiring Marketplace where you can manage your existing talent suppliers, as well as access a growing network of thousands of motivated talent suppliers representing every skill, niche and geography in the US and Canada.
The Hiring Marketplace includes a diverse variety of talent suppliers:
- National Suppliers
- Independent Recruiters
- Niche Suppliers
- Boutique Suppliers
- International Suppliers
- RPOs
Real-Time Reporting & Analytics
The platform includes real-time reports and analytics to track key performance indicators (KPIs) such as candidate coverage, job performance, spend management, and the health of your company’s overall contingent hiring program. Your data is accessible in real-time, so you don’t have to wait to view data on a weekly, monthly or quarterly basis to analyze metrics like:
Hiring Scorecard
Job Postings
Talent Supplier Engagement
Pipeline Activity
Disqualification Reasons
Rate Compliance
Hiring History
Assess the quality of your hiring process with scorecard metrics that provide insight into how many candidates turn into successful hires.
- Candidate Quality
- Applied-To-Interview Rate
- Interviews
- Offers Sent
- Offers-to-Onboarding Rate
- Onboarding-To-Hires Rate
Hiring Scorecard
Assess the quality of your hiring process with scorecard metrics that provide insight into how many candidates turn into successful hires.
- Candidate Quality
- Applied-To-Interview Rate
- Interviews
- Offers Sent
- Offers-to-Onboarding Rate
- Onboarding-To-Hires Rate
Job Postings
View the status of all of your job postings to get a complete picture of your hiring initiatives.
- Published Jobs
- Jobs Under Review
- Open Jobs
- Jobs On Hold
- Jobs Without Candidates
- Closed Jobs
Talent Supplier Engagement
See how talent suppliers are interacting with and supporting your open positions.
- Registered Talent Suppliers
- Talent Suppliers Invites
- Talent Supplier Views
- Talent Supplier Saves
Pipeline Activity
Comprehensively view every stage of your hiring pipeline to understand the speed and efficiency with which candidates move from one stage to the next.
- Sourced
- Submitted
- Applied
- Interviewed
- Offers Sent
- Offers Accepted
- Onboarding
- Hired (Starts)
Disqualification Reasons
Get unique and actionable insights into the reasons candidates are disqualified across your hiring program.
Rate Compliance
See how many submissions are compliant with your defined bill rates or pay rates.
Hiring History
View your previously-hired-for positions, total hires, average duration of assignment, and other details.
Fast and Flexible Hiring Workflows
Customize your hiring workflow for each job requisition so that it aligns with processes that work best for you and your team. Within the hiring workflow, you can configure hiring stages like assessments, interviews, onboarding and more using a drag-and-drop interface, giving you maximum flexibility to hire as you choose.
Customize each stage of the hiring process for full flexibility:
- Submissions
- Assessments
- Interviews
- Offers
- Hiring
- Onboarding
Automated Supplier Management
With Prosperix VMS Network, we’ve taken a new approach to supplier management that reduces friction, leverages automation, and allows suppliers to begin contributing immediately.
Our innovations include:
- A registration portal where interested suppliers sign-up directly to support a program
- Automated supplier onboarding processes so the collection of information and signing of agreements takes seconds to complete
- In-app training to help suppliers become productive quickly
- AI algorithms automatically match suppliers to jobs based on their 3 Ps: Profile, Pools of talent they represent, and their Performance
- Real-time scorecards so suppliers know exactly how they are performing at all times
- Full access to Sourcing, Applicant Tracking, CRM, and Talent Pool Management capabilities so suppliers can improve their hiring results
Powerful AI to Enhance Outcomes
Our Marketplace AI matches jobs to the best suppliers based on a number of real-time parameters that ensure that the right suppliers are engaged on the right roles at the right time, resulting in full submission coverage, greater supplier competition and improved rates.
Traditional Solutions Use Static Tiering
We Use Dynamic Algorithms for Job Distribution
Here’s what differentiates our AI algorithms:
- Automated supplier performance management
- Dynamic job distribution to invite suppliers in real-time for each position
- Probability-of-hire algorithms assess the likelihood of a position being filled
- Alignment of suppliers based on capabilities and prior success
Immediate Setup and Go-Live
With our easy configuration and setup, hiring managers can publish jobs in minutes. The platform will guide you on how to get started using in-app guides and tips to simplify completion of the setup process.
Here are the steps to getting started:
Candidate-Centric Experience
Unlike other VMSs, we’ve designed the Prosperix VMS Network with candidates in mind as important users of the platform, putting them in control of their careers and giving them greater visibility into the hiring process.
Candidates can:
- Create and manage their profile
- Accept invitations to jobs
- Select which talent suppliers can represent them
- Apply to positions and schedule interviews
- View their hiring status
- Collaborate with talent suppliers and hiring managers directly
Simple and Intuitive Workforce Management
Our Workforce Insights module provides an inclusive view of all workers on assignment. This includes workers that are on W2 contract assignments, independent contractors, incumbent vendor workers, payroll workers, and workers hired and engaged through a SOW.
The Workforce Insights module provides workforce details such as:
- Assignment details such as start/end dates and duration
- Worker classifications, including compliance status
- Performance information, including ratings and reviews
- Onboarding, background and drug screening status and results
- A timeline and highlights from worker engagement touchpoints
End-To-End Hiring Lifecycle Management
We’ve expanded the beginning and end stages of the hiring lifecycle to include more functionality than a standard VMS.
Additional functions include:
- Sourcing tools for recruiters to use to build their talent pipeline
- Assessment and qualification capabilities to ensure higher quality of talent
- Onboarding and offboarding functionality, including hiring checklists and status updates
- Redeployment of workers to new jobs when their assignment ends
Enhanced Capabilities Beyond a Standard VMS
We’re pushing the boundaries of what a VMS can be by providing new capabilities not seen in standard VMSs, including:
- Configuration and management of hiring workflows and candidates with Applicant Tracking System functionality
- Building and management of talent pools using Direct Sourcing capabilities
- Engagement and nurturing of candidates using Talent CRM capabilities
- Qualification and assessment of talent using customizable Smart Forms
- Collaboration with all users using Unified Communications (text, phone, email, chat)
- Storage and management of content and documents for compliance and auditing
More From Prosperix
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On-Demand Talent Pools
Scale your team, build talent pipelines, access talent for hard-to-fill positions, and hire for critical roles quickly.
Direct Sourcing
Access your organization’s existing talent pools and extend your reach into additional talent pools to find quality candidates, speed up time-to-hire, and provide immediate cost savings.
Workforce Solutions
Enhance your contingent workforce program by incorporating essential workforce solutions and partnering with our team of experts.
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