Because regulatory, economic, and cultural environments vary from nation to nation, one-size- fits-all models lack the flexibility to provide value in every location, and can even drain rather than enhance a contingent workforce program. Volt uses a hybrid solution that incorporates different delivery models based on program volume to ensure a strong cost-value benefit across the entire global program.
This MSP model is deployed in countries with mature staffing markets and where the regulatory environment allows implementation. Volt manages recruitment strategy and process, candidate sourcing and screening, compliance with legal requirements and client business processes, rate negotiation, employee timesheets, and supplier performance. This model can support direct supplier relationships with the MSP, including invoice consolidation and supplier bill pay or, in nations where third-party businesses are not permitted in the contingent workforce supply chain, allows suppliers to have a direct financial relationship with the client. All transactions are routed through VMS technology and managed by the MSP, enabling Volt to provide complete visibility of program performance and in-depth business analytics.
In regions with a smaller contingent workforce or where MSP programs are
not sanctioned, this low-volume model uses a customized VMS to facilitate, track, and report on all supplier activity. Volt establishes processes and trains client teams but is not embedded in day-to-day business activity. This model delivers all the visibility available through the selected VMS while minimizing administration costs.