Managed Services

 
Managed Service Program

Abacus' comprehensive approach to Managed Service Programs (MSPs) enables us to improve the quality and efficiency of our clients' recruiting process. Our team conducts an assessment of your contingent workforce business goals and collaborates with your organization to determine a customized solution. Abacus MSP serves as a central point of accountability for staffing processes across your total organization. Central management allows for workflow visibility, quantitative/qualitative data, and compliance coverage. The Abacus MSP services deliver performance management, process improvements, and cost savings methodologies of contingent labor workforce management. Abacus managed services improve supply chain efficiency resulting in savings of 20%. Abacus is financially stable, ensuring services without interruption.

VMS

Vendor Management Software (VMS) streamlines and automates the processes that support contingent workforce management. Our client's organizational goals must be determined and then the VMS system fit to their needs. The technology-enabled portion of our managed service offering allows companies to have web- based order distribution, consolidated billing, and enhancements in management reporting tools. The VMS system can facilitate the interview and hiring process, as well as act as a labor management tool. VMS solutions can track time cards, hours worked, fixed fee projects, and milestone billings. Abacus vendor management software solutions allow cross organizational access and streamline vendor control. VMS software is paramount for an effective MSP program. 

Vendor Neutrality

The Abacus Managed Services Program will manage your staffing suppliers and measure their effectiveness in recruiting according to our client's standards. Abacus delivers measurable results in cost control, quality, and productivity. As a core function of our managed services, we adhere to a vendor neutral program.  Vendor neutrality ensures all vendors are competing on equal ground. It is in the best interest of all program partners that Abacus only fulfills the managed services role when providing MSP services. As part of our MSP, all processes are transparent to ensure program integrity. The concept of providing fair, objective and impartial management services to our clients is our expectation.

 Abacus Vendor Neutrality Practices include:

• Systematic Requisition Distribution
• Management involvement in candidate evaluation
• Implementing system functionality to support vendor neutrality
• Supplier performance metrics

Flexible Options

Clients can choose from our complete MSP or utilize Abacus to fulfill a particular role. Abacus managed services can integrate our chosen VMS or utilize the VMS chosen by our client. Abacus has worked with most of the nation's leading vendor software solutions, and we can effortlessly integrate our management programs with your chosen software solution. We also offer onsite management at your requested locations and can work with you to customize the MSP.

Key Benefits

Significant Reduction in Overall Costs

• Reduce overall contingent workforce costs
• Centralized management
• Pay rate competition, filling positions at a lower cost
• Eliminate inconsistencies in pay/bill rates with performance standards
• Creation of measurements and metrics for total contingent workforce spend
   

Improved Organizational Efficiency

• Free HR and Management from daily transaction processes, reducing administrative burden.
• Reductions in requisition fill time
• Consolidated billing from staffing suppliers
• Consolidated invoicing, supplier payment and program reporting
• A centralized, standardized hiring process
• Supply chain optimization
• Vendor neutrality
   

Centralized Recording Systems

• Traceable transactions
• Single source for background checks, drug screening and EEOC reporting
• Compliance assurance
• Single source of accountability to manage all contracts, insurance and certificates
   

Technology Enabled Software Support

• Web-based requisitions and timekeeping
• Enterprise visibility and access to online management reports