Flextrack Advantage
Achieve significant cost savings
With contractor spend second only to payroll expense as the largest expenditure for most organizations, contractor budgets are unnecessarily high.
- With Flextrack, clients can expect to see a 10-15% reduction in their overall contractor spend achieved through our extensive market analytics, rate control and rate card management, negotiation with vendors and direct hires, and reduced administrative fees.
Reduce hiring times
Your critical projects need top resources at a reasonable cost, and they need them fast. Under traditional recruiting methods, the process frequently takes too long resulting in unhappy hiring managers and projects at risk.
- Clients can expect to see a reduction of 5-10 business days through the use of our technology, business process re-engineering, and by providing our expertise through program management.
Mitigate your risk
Without standardized supplier agreements, and proper document and record tracking, you are exposing your company to a multitude of risks that can ultimately cost you millions of dollars.
- Our state-of-the-art technology and expert business processes allow you to standardize agreements, keep electronic copies at your fingertips, conduct audits at the click of a button, and dramatically reduce your exposure to legislative and co-employment risks.
Find line of sight into budget expenditures
Often Executives, Human Resources and Strategic Sourcing have no line of sight into where contractor dollars are being spent.
- You can’t manage what you don’t measure . Through Flextrack’s robust reporting suite, we provide on-line, real-time reports detailing spend by Division, Department, Manager, Cost Centre, Project and more. We have a large number of reports pre-loaded in Flextrack that have been developed based on our best practices. More importantly, we offer customized reporting to suit your company’s specific needs.
Streamline administrative processes
Organizations often find that the administrative effort to bring on and manage contractors is a real burden. Too many full time staff are weighed down in the process.
- Flextrack wraps it’s technology and business expertise around your current process to alleviate this administrative headache. Attracting, screening and hiring candidates can be managed by our expert client team. We work with hiring managers to manage and track contractor performance. We take the multiple contractor invoices that you previously received from a myriad of vendors and fuse them into a single consolidated invoice that can directly interface with your financial systems.
