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effective management

Total Workforce Accounting

Total Workforce Accounting: Using a VMS Solution to Track Contingent Workforce Costs

Do you have visibility into your total labor costs? If your business uses freelancers, consultants, or temporary staff on a regular basis, it's crucial to use tools that let you manage these costs with the same rigor you use for your full-time employees.  Unchecked expenses can lead to inaccurate data, making it challenging to evaluate performance and impeding growth. 

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What is a Contingent Worker?

When you need a flexible, scalable workforce, introducing contingent workers to the mix is essential. You’ll gain access to highly skilled professionals without needing to permanently bring them onto your payroll, giving you versatility. Plus, it’s a far more cost-effective solution for shorter-term needs, resulting in financial gain.

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