Over the past three weeks, the Future of Work Exchange has featured a series of articles that have highlighted the innovation occurring within the world of workforce management, talent acquisition, and staffing technology and solutions.
We live in a new era, one that is heralded by evolution, innovation, and acceleration…all part of the “Future of Work movement” that dictates how we work and how we thrive. Talent is the centerpiece of this movement, a veritable engine of sorts that drives innovation, sparks ideation, and facilitates competitive differentiation in a globalized market that thrives on expertise and top-tier skillsets.
The 2023 business climate requires more focus on “talent sustainability,” which refers to the strategic approach that organizations take to ensure the long-term prosperity of their enterprise by attracting, retaining, and nurturing their workforce. It encompasses creating an environment that promotes employee engagement, development, and well-being, while aligning with the organization’s goals and objectives. By investing in their workforce’s growth and development, businesses can unlock the full potential of their employees, driving productivity, innovation, and ultimately, profitability. Additionally, adopting a socially responsible and ethical approach to talent management can help to create a sustainable and equitable workforce, which benefits both the organization and its employees.
The progression of workforce solutions reflects the notion of talent sustainability, as today’s talent management platforms and systems represent this “candidate-centric” focus, as well as the acceleration of key Future of Work-era elements, particularly direct sourcing, omni-channel talent acquisition, and innovative talent-led strategies.
High5
High5 is not just a “total talent” platform, but also a pure representation of omni-channel talent acquisition technology and solutions. The organization blends a unique array of tools and services under one umbrella platform, with an innovative convergence of digital recruitment, direct sourcing (and managed direct sourcing), talent marketplace, candidate assessment, staffing infrastructure, and extended workforce management offerings that actively revolutionize the ways enterprises find, engage, source, manage, and retain top-tier talent.
What sets High5 apart and differentiates the solution from others in this arena is its powerful, talent-led offerings are an ideal alignment with the candidate-centric priorities of businesses today. High5 presents a frictionless candidate engagement process that quickens time-to-fill rates while also revamping talent assessments and onboarding processes; the vetted talent included in their vast candidate community represents top-tier expertise and skillsets.
In essence, High5’s solution is the convergence of total talent management, and, of course, Future of Work-era concepts.
Prosperix
Prosperix, formerly known as Crowdstaffing, rebranded nearly two-and-a-half years ago at a critical time in the business arena; the branding and vision shift reflected the utmost criticality of the candidate, as well as the burgeoning focus on transforming the ways enterprises engaged, sourced, and managed external talent.
While the solution was originally known for its powerful talent marketplace and direct sourcing prowess, the Prosperix platform supercharges these attributes and offers a robust, end-to-end, and differentiated VMS tool.
Prosperix’s groundbreaking “VMS Network” stands as a Best-in-Class platform, seamlessly merging digital staffing technology and next-gen VMS functionality to reimagine the relationship between an enterprise and its talent supplier base. The combination of direct sourcing, candidate experience management, end-to-end contingent workforce management, and digital staffing, along with its new Xponential offering, positions Prosperix as a powerful platform embodying the finest Future of Work-era technology.
Atrium
The Managed Service Provider (MSP) model has entered a period of evolution, with many of these solutions progressing as the world around them continues to change. With a shift in thinking about “traditional” workforce management solutions, the MSPs that embrace technology, push revolutionary models, and think outside of the box will be the ones that thrive in 2023 and beyond.
Atrium stands out for its deep commitment to direct sourcing and a strong dedication to diversity, equity, and inclusion (DE&I) throughout its core MSP offering. Under the “Atrium Works” banner, their contingent workforce management (CWM) solutions offer a comprehensive range of services for total talent management with a suite of offerings that include advanced direct sourcing, an “Early Talent” program, and robust technology expertise to build agile Future of Work-ready workforce programs. Atrium’s adaptable MSP model provides comprehensive, end-to-end support that flexibly caters to changing customer requirements.
SAP Fieldglass
The Vendor Management System (VMS) arena has always been a hotbed of innovation, especially dating back to the earliest days of The Great Recession (2008-2009), when a historical rise in utilization of contingent labor forced these solutions to revamp how they intersected within the talent technology ecosystem. SAP Fieldglass was a VMS pioneer, and, when global enterprise giant SAP acquired them in 2014, it signaled a new era of total talent management given its soon-to-be-connected links to SAP’s core offerings, particularly SAP Ariba and SAP SuccessFactors.
SAP Fieldglass represents not just the continued progression of VMS technology, but rather a convergence of Future of Work-era innovation and robust extended workforce automation. The platform provides an end-to-end, holistic perspective of the contingent workforce by integrating with the capabilities of SAP SuccessFactors (revamping the impact of HR and procurement functionality’s convergence), SAP Ariba (enhancing the spend management and supplier optimization attributes of extended workforce management), and other SAP technologies.
By leveraging its expanded capabilities (many of which have been enhanced over the past few years), SAP Fieldglass equips businesses to proactively manage the multifaceted challenges of today’s talent landscape. With a focus on total talent intelligence and AI-led, proactive analytics and reporting, the platform enables superior talent decision-making, streamlined processes, and a deeper understanding of workforce dynamics. SAP Fieldglass stands as a testament to the evolution of VMS into a cutting-edge workforce management technology arena, poised to guide organizations through the complexities of contemporary talent management.
Stay tuned for Part V of this exclusive, exciting new Future of Work Exchange series.
