Reduce Your Contingent Workforce Spend 

Build a network of higher-quality contingent workers & gain complete visibility into your workforce for more cost-effective talent. 

The CEIPAL Impact

Staffing Firms
100% Visibility into Talent Spend
SOC2 Compliance
Maintain Compliance for All Workers
Corporate Recruitment
Capture High-Quality Talent

Today, an estimated 60% of the current workforce identifies as the gig economy. And that number is only growing. Why? Because hiring workers on an ad-hoc basis allows companies to access hard-to-find skills as needed without paying extra salaries. 

The problem is that investing in the gig economy without strategy results in rogue spend. In fact, worldwide companies spend an estimated $300 billion on contingent labor, 60% of which is unaccounted for in financial planning. 

To avoid enormous rogue spend on talent, organizations need visibility and strategic planning into their workforce. With CEIPAL and ProcureWise contingent workforce software, they get just that.

The Challenge

No Visibility Into Market Rates

When employers search for contingent workers, they usually don’t have a clear idea of what the service should cost. Without this data on pay rates, the business has no ammunition to strategically negotiate with contractors. This results in businesses hiring out contractors at pay rates well above the market’s benchmark.

Most employees have no visibility into market rates.

Limited visibility into contingent workers exposes you to hidden risks.

Exposure to Hidden Risks

Limited visibility into labor and services exposes employers to hidden risks. The most common example is worker misclassification as the growth of the gig economy forces employers to distinguish between ICs and W-2 equivalents. But beyond that, lack of visibility into your workforce opens your company to malicious actors, which compromises cybersecurity as well.

Unpredictable Work Quality

Perhaps one of the most obvious challenges in hiring contingent workers is the quality of output. Without data on a contractors’ past performance, businesses cannot make informed decisions about individual contractor’s reliability. Even a recommendation from a co-worker or friend does not provide a guarantee that the project will be completed on time, accurately, and on budget.

Unvetted candidates and employees deliver unpredictable work results.

Transform with CEIPAL + ProcureWise

Companies who successfully invest in the gig economy equip themselves to overcome these challenges. Giving your team tools to increase visibility into market rates, vet prospective contractors, and evaluate non-FTE candidates is critical to securing high-quality, risk-free labor. 

CEPIAL’s sister Vendor Management System (VMS), ProcureWise, provides contingent workforce software for total talent visibility. Fully integrated with CEIPAL, ProcureWise is a flexible, powerful, and user-friendly platform that automates and streamlines the contingent workforce hiring process. 

The CEIPAL Solution

CEIPAL WorkForce | Expenses | Public Access File

Visibility Into Market Rates

Successfully negotiate with contractors for more cost-effective talent. With CEIPAL – ProcureWise, you can compare contractor offers side by side to assess which ones are giving you the best deal. Plus, through ProcureWise’s business intelligence, you can access market rates for different job titles and equip your hiring managers with the data they need to negotiate.

Capture High-Quality Talent

Track worker and supplier performance over time, so your team can strategically decide who you work with. At CEIPAL, we leverage artificial intelligence to evaluate candidates’ skill sets and work experience, as well as “soft factors,” like workplace style and motivators. These insights are delivered directly to your hiring team, so you’re always equipped with objective data on who to hire.

vendor compliance

Ensure Vendor Compliance

Confidently manage all your non-FTE workers. From contract information to worker classification, ProcureWise securely houses all sensitive documentation. ProcureWise also provides an auditable system of record for your non-FTE workers, along with a repository of all essential data from your contract. Plus, ProcureWise helps with basic worker vetting services, like credit checks, certification checks, insurance validation, and more.

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