Workforce Technology

Impact Workforce Technology is a solution (IWT) that provides clients with the resources to fulfill and maintain their human capital needs from procurement to placement to payment. The IWT model gives sourcing vendors access to the platform for a set fee, providing focus where it needs to be--on recruiting.

Traditional models charge a percentage of billings to the sourcing vendor. This heavy financial burden causes negative sourcing effects for the clients being served. In addition, the traditional models take control of the sourcing vendor’s accounts receivable. At Impact we believe the sourcing vendors accounts receivable is their accounts receivable. Impact escrows the funds and disperses them accordingly – an industry first! This unique IWM model allows our clients to be served by the best sourcing providers in a given market. The value proposition is clear – better quality, better performance, better returns.

Impact Workforce Technology provides clients with a traditional Vendor Management Solution (VMS) model integrated with a Managed Service Provider (MSP) program. The combination of these two business concepts allows clients to focus on its greatest asset-Human Capital. Our process reduces inconsistencies in the procurement of quality temporary labor, improves the retention of our clients’ contingent workforce, all while decreasing direct labor costs.

Our solution provides unique avenues to manage various labor segments as well. The processes managed by our IWT platform include a Managed Service Provider Solution, Procurement, Order / Inventory Management, Vendor performance management, reporting, qualification and selection, management of: third party logistics providers, approval of authorizations and routines, and lastly documentation handling and storage. The client, associate, sourcing provider, and the community all win!

Impact's Workforce Technology is offered to a wide range of positions and companies to improve back office efficiencies without establishing multipliers and or rate cards.

  • Our solution does not rely on the cash flow of sourcing providers.
  • Allows sourcing vendors a direct link to their to their accounts receivable.
    • Reduces vendor’s financial risk.
    • Improves sourcing vendor quality for client
  •  IWT is independently operated
    • Assures neutral treatment for all vendors
  • IWT only enters real and thorough Job requisitions, must:
    • Be funded and ready to fill
    • Contain details on required skill set and desired skill set
    • Contain rate and duration
  • Service Level Agreements
    • Automated by department
    • Are updated by putting positions on hold and closing positions once a candidate is identified.
  • Pay temporary labor market rate not lowest rate
    • Ability to update labor rate data for the client within IWT
    • Increases temp labor productivity/retention
  • Do not charge sub-contracting agency a percentage of their profits
    • Increases amount of temp labor available to the Client
    • Increases access of labor suppliers to project managers
    • Increases effectiveness of temp labor subcontractor
  • Vendor Performance and platform Metrics via Dashboard
    • Allows vendor community, client management, and hiring managers to communicate effectively.

Ultimately, Impact's Workforce Technology allows client's to gather real time human capital information to make effective business decisions! Click HERE to get more information on how to become a valued sourcing provider.