Skip to main content

Insurance Company Transforms Vendor Management with SimplifyVMS

A leading insurance company transformed its vendor management with SimplifyVMS, addressing workforce diversity and supplier performance challenges. SimplifyVMS streamlined onboarding, implemented performance scorecards, and enhanced compliance, resulting in significant cost savings, efficiency gains, and improved workforce management for the company managing a $300M-$500M annual SOW spend.

gain-visibility-retail-contingent-workforce

What Valuable Insights you will Gain?

visibility-boost
ROI Calculation

SimplifyVMS enabled precise ROI calculation per statement of work (SOW) project, addressing previous reporting challenges.

centralization-power
Centralized Management

Overcame challenges of non-centralized workforce management, determining absolute and strategic value of non-employee workforce.

supplier-insight
Cost Visibility

Improved visibility into supplier pricing, reducing costs associated with onboarding contingent labor and enhancing program ROI.

nowalls-advantage
VMS Implementation Support

SimplifyVMS provided essential support for setting up the tool, crucial for a client without an existing VMS.

efficiency-thruogh-unity
Strategic Value Demonstration

Demonstrated strategic value (ROI) to the executive team with robust reporting and analytics, driving outstanding results.

strategic-shift
Streamlined Workforce Reports

Centralized data in one channel, enabling real-time workforce reports and customized analytics, aiding in project ROI determination.

Reach Out To Us

Get in touch today to learn how we can help you achieve Your Organizational Goals!