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Vendor Management Yurcor Contingent Workforce Management
Case Study (329K PDF)
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  Overview
Vendor Management
  Features
Procure
IC Qualification
Time & Billing
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Yurcor Vendor Management


Managing Staffing Suppliers

When you purchase consultants from a large number of suppliers, it becomes difficult to qualify them, qualify their consultants, negotiate rates, and accurately process the many invoices suppliers generate. When unmanaged, this increases costs and your risk of insurance liability, coemployment issues, and tax liability. This is especially challenging if consultant purchasing is done by hiring managers in a decentralized manner.

Yurcor Vendor Management is a managed services program in which Yurcor becomes a primary supplier. Yurcor ensures that subcontracting vendors are qualified and that services are delivered in accordance with government regulations and your unique business requirements. Yurcor maintains a vendor-neutral position by not being affiliated with any staffing suppliers, and not offering any recruiting or placement services. This enables Yurcor to always put your needs first.

Reduce Insurance, ERISA Coemployment, and Tax Risk

Purchasing consultants from suppliers who lack proper business credentials and insurance increases your risk of insurance, coemployment, and tax problems. Yurcor Vendor Management ensures that suppliers are qualified and that they maintain their compliant status.

Get the Best Consultants by Automating Consultant Procurement

Unstandardized requisition processes may be keeping you from getting the best consultants. Yurcor Vendor Management clients can use Yurcor Procure, hosted web software, to standardize and automate the process of identifying the best candidates for assignments.

Negotiate the Best Rates and Ensure Consultants are Ready to Work

Yurcor negotiates consulting rates in accordance with your budget requirements and market standards. Yurcor then manages candidate qualification such as drug screening and background checks and prepares consultants to start work per your business requirements.

Reduce Billing and Payment Costs

Approving time and expenses, processing multiple invoices, and making multiple payments reduces supervisor productivity and strains accounting teams. Yurcor Time & Billing software structures the entire process on the web and consolidates your billing and payment. Supervisors can quickly approve time and expenses and consultants stop wasting time tracking down approvals. Billing is done promptly and accurately from approved time and expenses. You receive one invoice and make one payment.

Get Visibility into Consultant Spending and Your Best Suppliers

Yurcor Vendor Management web reports provide metrics that show activity, cost savings, and trends in your consultant spending. They give you visibility into company-wide spending on consultants, and on who your best suppliers are.


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