Compliance and Audit

THE SITUATION
There has been a paradigm shift in the technology services industry over the last 10 years. The use of technology for recruiting, required speed to market for business applications and a skill reduction in the services sector has produced a substandard quality of contractor services to the major vendor managed programs. Technology resources have been turned into a commodity through competitive tactics and tight metrics built into vendor programs. This shift has caused the following to occur:

Weak candidate and contractor selection processes
Lack of reference and background checks
Eradication of candidate exclusivity and submittal permission
Focus on speed has replaced focus on quality
Creative sourcing and candidate tracking elimination             

THE SOLUTION
A service provided to F1000 companies, e-four measures and reports standard vendor information and practices to contingent workforce programs. In an effort to produce higher standards for increased service quality, we engage with the contingent workforce and human resource teams of major corporations to map out industry models and best practices required by vendor firms.

The vendor compliance and audit services were developed to create a mechanism for keeping vendor firms within the expected boundaries during and after the vendor selection process.

The objectives of this program are to:

Monitor vendor information accuracy
Mitigate corporate risk
Ensure company value system compliance
Increase work productivity within the contingent workforce teams
Reduce time and cost in the contractor selection process
Increase candidate submittal to hire ratios
Increase interview to hire ratios
Create accuracy of required vendor documentation
Identify and certify sound hiring practices
Execute spot audits to verify vendor compliance

Ultimately, e-four strives to create a higher standard of work processes for those companies wishing to provide services to the top companies with workforce management programs.