Today, it is not just the procurement of goods that is reshaping the way corporations manage their bottom line. Now they are looking towards secure, private marketplaces to manage their contract workforce as well. Fieldglass recently released version 3.0 of its InSite web-based contract labor management solution, a vendor-neutral application that creates a secure, private marketplace for a company and its staffing suppliers.

This latest version automates and streamlines manual processes that corporations had used to connect with their preferred staffing suppliers. Corporations can use InSite to track, measure and analyze their temporary services procurement.

Like any eProcurement tool, integration with legacy systems, ERP systems and eCommerce platforms is critical. InSite 3.0 accomplishes this for everything from payment processing to interactive voice response. It also lets buyers work with a master service provider (MSP).

"The latest release contains new and enhanced features that make the application more efficient and easier to use, including context-sensitive online help and additional 'wizards' to walk the buyer through important processes, such as closing a project," explains Fieldglass Vice President Sean Chou.

New workforce management tools compress cycle time by reducing the number of steps involved with activities like creating a requisition, hiring a worker or revising the status of a contractor to extend a contract or change the pay rate.

"In addition, because information entered by one user can be leveraged by subsequent users, the value of data in the application multiplies as more people have access to it. For example, it's now even easier for buyers to use an existing requisition as a template to build a new one," Chou says.

A new auto-matching feature identifies for suppliers which of the candidates they've selected to submit for a specific position qualify as "best matches." The supplier then has the option of submitting only his or her best matches. The auto-match feature is complemented by a workforce management tool that automatically copies candidates to a pool to be resubmitted against other requisitions.

Today, it is not just the procurement of goods that is reshaping the way corporations manage their bottom line. Now they are looking towards secure, private marketplaces to manage their contract workforce as well. Fieldglass recently released version 3.0 of its InSite web-based contract labor management solution, a vendor-neutral application that creates a secure, private marketplace for a company and its staffing suppliers.

This latest version automates and streamlines manual processes that corporations had used to connect with their preferred staffing suppliers. Corporations can use InSite to track, measure and analyze their temporary services procurement.

Like any eProcurement tool, integration with legacy systems, ERP systems and eCommerce platforms is critical. InSite 3.0 accomplishes this for everything from payment processing to interactive voice response. It also lets buyers work with a master service provider (MSP).

"The latest release contains new and enhanced features that make the application more efficient and easier to use, including context-sensitive online help and additional 'wizards' to walk the buyer through important processes, such as closing a project," explains Fieldglass Vice President Sean Chou.

New workforce management tools compress cycle time by reducing the number of steps involved with activities like creating a requisition, hiring a worker or revising the status of a contractor to extend a contract or change the pay rate.

"In addition, because information entered by one user can be leveraged by subsequent users, the value of data in the application multiplies as more people have access to it. For example, it's now even easier for buyers to use an existing requisition as a template to build a new one," Chou says.

A new auto-matching feature identifies for suppliers which of the candidates they've selected to submit for a specific position qualify as "best matches." The supplier then has the option of submitting only his or her best matches. The auto-match feature is complemented by a workforce management tool that automatically copies candidates to a pool to be resubmitted against other requisitions.