What Is Direct Sourcing And How Is It Important For Your Contingent Workforce Management Solutions?

Recruiting is not limited to full-time/ permanent workers anymore. According to the needs for a particular project, companies hire a workforce of all types to save time and money. One such type of workforce is the contingent or contract-based workforce which brings us to discuss contingent workforce management solutions in detail.

Despite the type of employment with a company, they play an equally important role in providing a company with the required skill set.

With the demand for a workforce in today’s competitive world increasing rapidly, companies began looking for a way to hire a workforce in a timely and cost-efficient manner. This led to the demand and popularity of direct sourcing as a technology built to ease the entire recruitment and onboarding process.

What is Direct Sourcing?

Direct Sourcing is a model used by companies to automate their hiring process. It leverages your brand with technology to attract and curate the interests of candidates. The data of these curated profiles are then managed and run through using the model. Some of the uses Direct Sourcing offers are:

• Managing and procuring candidates for the various job positions open at the same time
• Creating different talent pools of interested candidates
• Analyzing candidature on the basis of different parameters set by the company
• Tracking the status of a candidate
• Combining with payroll services
• Integrating with Vendor Management System

What are the benefits of direct sourcing?

The automated process of data management has made recruiting easier as direct sourcing is a boon unlike the practices of traditional times in order to hire a workforce. Here are the benefits the model offers:

• One of the first and primary reasons for such great demand for direct sourcing amongst growing companies is the speed it offers to the onboarding of the right candidates.
• The pool of talent offers the access to compare a candidate’s skills with the company’s requirements that helps you to ensure that you are hiring the best match for any position.
• It also reduces the number of interview calls, thus reducing the time to fulfill a position.
• You can build a simple system on the basis of traditional recruitment models that are developed on your needs.

How quickly can a direct sourcing model be implemented?

Two different cases decide how long the direct sourcing model will take to implement. If your direct sourcing model is integrated with a VMS, it usually doesn’t take more than a few days. On the other hand, an implementation might take up to a few months to build the right pool for an extensive database.

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