Audit the Results
Without measurement, you can not improve. Our software embraces this mantra from the ground up, offering both canned reports, exportable grids, and very elaborate Key Performance Indicators.
For those of you looking to deploy Renhead as a VMS solutions, we have created a number of Scorecards for our clients which make managing your Program easy. One example is the Vendor Scorecard. In this report we bring all the various data from inside Renhead together to weight Vendors by Month, Quarter, or Year, against each other. Key measurements were defined by our clients as:
- Effectiveness - How well does this vendor source, screen, and place candidates compared to his peers?
- Pricing - How does this vendors pricing match up against his peers on this job or against history?
- Incidents - A defined list policy violations by the vendor.
- Satisfaction - What are the managers saying about their Placements?
- Attrition - Are they losing consultants faster than they place?
- Scale - How much volume can they handle, do they cherry pick Requisitions?
Some companies invest in Vendor Management Systems for compliance, others due to volume needs, and of course everyone wants to save a buck or two. Renhead provides the data necessary to see quickly and simply how your program peformance both at a glance and over time.