Business intelligence (BI) reporting, analytics and tracking are a critical element to a successful MSP/VMS program. The iSymphony VMS provides a powerful reporting engine that enables maximum visibility for each user based on their security rights in the areas of financial spend, vendor performance and compliance. All information relating to orders (open, closed, filled, spend) along with all candidate information is available in a search and report format. The reports are organized by the organizational structure, providing the greatest visibility across all disciplines and departments.
The iSymphony VMS tracking enables us to create any reports needed to optimize your contractor workforce management. All data used to complete our reporting comes directly from approved timesheets and subsequent invoices. This data comes from real-time reporting and is accessible on demand.
Our advanced market data helps corporations understand current labor rates and devise rate strategies to capitalize on labor rate fluctuations and variances. Our market strategist utilizes a number of resources to capture current labor rates. We utilize culling opportunities within our VMS to capture aggregate labor rates by market and skill discipline. We supplement this data with information from numerous third party data. During times of rapidly changing economies, it is estimated that aggressive benchmarking and management of labor rates can save a corporation up to 12%.