What is a VMS in Staffing?
A VMS in staffing stands for Vendor Management System(VMS) and is a Cloud/SaaS application that acts as a central hub, and a system of record. However, the technology driver is not the need for transactional data.
Magnum Staffing's generation is driven by the business intelligence solution that allows you to understand and interpret the wealth of data generated from our VMS.
The VMS suite is configured to automate and streamline critical processes that support the sourcing, acquisition, and management of the workforce. This includes requisitions (request for services),
candidate selection and on-boarding, compliance, approvals, time management and scheduling, expense management, and payments.
In addition, our platform can provide extensive reporting functionality and features to suuport your human capital strategies and objectives.
Communication and Information channels must allow for effective interaction around orders, workforce performance, and meaningful data
Provides cost projections based on time, assignment length, work hours, and bill rate. You can estimate the financial impact of the positions before you make the request decision. Order approval mechanisms can be set or automated via email alerts so you are aware of what your management staff has procured.
MiTime is a live SaaS cloud-based biometric time and attendance system. Robust capabilities include job-costing, specialized business rules for each shift or department, and live automated reporting capabilities that can be exported in Excel, CSV, or Adobe PDF.
The VMS suite includes access to MAGnify. This dynamic software is a powerful way to visualize, analyze, filter, and report program data. With near real-time information, you can stay ahead of trends and maximize opportunities within your workforce program as it changes with your business.