Live Demo Workforce Analytics Powerful Data Science Tools and Techniques Put Business Intelligence at Your Fingertips Contingent workforce management (CWM) is not easy, especially in a global enterprise. You are engaging workers and contractors from a growing number of sources and the complexity will only increase. With ever more data at our disposal, it is understandable that some CWM program managers feel overwhelmed by the idea of using metrics and analytics as a business tool. But what if you could get measurable results from data, without a lot of stress? Imagine harnessing Big Data and being able to analyze present and future labor requirements, segment your workforce, and gauge internal and external labor markets. How could the resulting business intelligence (BI) position your organization for success? Too many contingent workforce programs rely on guesswork Few companies have the tools or the skills to perform the analysis needed to make sense of their existing workforce data: Which staffing suppliers provide qualified candidates fastest? Which categories of non-employee worker rate highest for performance quality? Do contractors operating on a time-and materials basis outperform fixed-price, statement of work (SOW) based contractors? Beeline’s vendor management system (VMS) incorporates powerful visualization, analysis, and reporting tools to turn this workforce data into actionable insight for making better workforce management decisions. Use big data to move confidently into the future Analyzing existing program data and past performance is a big step forward, but to engage in predictive workforce analysis, your need BI tools that can deal with Big Data such as Brightfield Strategies’ Talent Data Exchange (TDX) contingent worker market rates, which are continuously updated and based on location, length of assignment, level of seniority, and other important variables. Other applications of Big Data analysis include examining the factors that determine the most successful candidates for contingent staffing assignments and comparisons of industry-wide job titles, job descriptions, and job skills and competencies with hiring success rates in order to craft job descriptions to engage the best possible candidates. Cases like these, involving myriad factors or huge data sets, are only solvable through the use of AI. That is why Beeline is advancing the use of data science and AI capabilities into our workforce analytics toolkit. How to use workforce data in your extended workforce program Once you develop the process and capabilities for converting Big Data into useful and actionable intelligence, you can use data analytics to build a talent strategy to make your company more agile and turn your workforce into a competitive differentiator. There is a lot at stake. Michael Capone, Chief Information Officer at Automatic Data Processing, Inc. says, “The companies that leverage workforce analytics effectively will win the war for talent.” Integrate your tools and processes When you use a hodgepodge of tools and solutions, you add barriers to retrieving and sharing information. You have to integrate your tools to understand where your information is located and make sure the right people in organization can access that information. For example, a strong vendor management system (VMS) that can deliver real-time data should be part of any successful contingent programs. Do not simply look back In addition to analyzing your program’s past performance – to understand what has happened – you need to be able to engage in predictive workforce analysis – to understand what will happen. Once you have harnessed Big Data, use your data to analyze current and future human capital requirements. You should be able to optimize your workforce to create the best mix of employee and non-employee labor to achieve desired results. Get the Latest Information on Industry Trends, New Products, and Emerging Technologies All these resources are available for you Webinar Changing the game at Pfizer: How Direct Sourcing accelerates contingent labor transformation Understanding the competitive advantage workforce agility can confer, Pfizer has leveraged technology to automate its contingent w Learn More eBook 7 Ways to Strike the Right Balance Between Employees and Contractors Businesses often get more done, more cost-effectively, by leveraging a combination of both employees and contingent workers. But d Learn More eBook Why VMS? Why now? COVID-19’s impact on contingent workforce management When a crisis strikes or an emergency occurs, business continuity takes top priority. At these times, how you manage your company� Learn More Webinar Post-crisis workforce planning: How is the APAC region preparing for the new world of work? The world of work in the Asia Pacific region is now profoundly different from what was predicted a year – or even six months – Learn More Blog Post In the Midst of a Pandemic, Another Concern: Potential Employment Litigation While Australians have been focused on COVID-19, things have been happening in the area of employment and workplace law that may a Learn More Contact us today to learn how Beeline’s Workforce Analytics can help improve your business processes. Solutions Contact Us Beeline Community Support For Beeline IQN Privacy Policy | Copyright © 2021 Beeline All Rights Reserved We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok