Neutral Vendor solutions are used for the hiring of temporary agency staff. Some organisations have a preferred supplier list with tens if not hundreds of contracted agencies in place and so a streamlined approach is often required in order to ensure compliance of staff and deliver cost savings.
The benefits of a neutral vendor solution are:
- a single point of contact for all agency staff bookings;
- the ability to receive valuable management information on use, cost and quality;
- compliance of temporary workforce
- Cost savings
There are also benefits for recruitment agencies supplying staff in this way as there is clear visibility of all client temporary staffing requirements. Agencies respond to temporary staffing requirements through an online platform which is often tiered according to cost, quality and speed of supply.
Agencies also receive regular feedback on their performance, measured against other temp staff agencies. Neutral Vendor solutions also enables smaller agencies to provide and compete on an equal basis with larger agencies.