1. Healthcare IT Services Company
Business Challenge
Results
US-based healthcare information technology company lacked centralized visibility into spend and contingent workforce across lines of business
Lack of visibility into contingent workforce, specifically IC, created co-employment risks, along with cost and efficiency concerns
Provided centralized visibility to spend as current platform did not have the functionality/capabilities to present accurate and holistic picture of spend and headcount across lines of business
With a higher than expected IC population, was able to mitigate risk surrounding co-employment issues
Solution
TAPFIN implemented MSP program to manage contingent workforce in approximately 3-month timeframe
Through Wisdom Solutions, conducted SPM overview, ICM management, and ongoing discussions in deploying SOW
Since current VMS system did now allow for seamless transition to new VMS, processes were established which also required redesigning of system
Program Statistics
Countries: US
Total managed spend: $5M, with $80-$100M anticipated for both program phases
Headcount managed: 55, with 1,000 expected for both phases of program
Cost savings achieved: $54K, with committed targets of $5M for first year
Number of suppliers: 30
VMS technology: Econometrix
Delivery model: Vendor neutral