Concerned about your Management Control? Or your Vendor Management Methodology? Excessive Costs? Personnel inventory? Project portfolio? Infrastructure? Data security? IRS and DOL Compliance? That you have unapproved non-employees engaged in your organization?

 

Management Control

You can only manage what you can identify.
Even with a vendor management system, many organizations have discovered that they do not have a good grasp of their total spend on contract labor (consultants, staffing personnel, independent consultants, temporaries, contingent labor, etc.)

 

Excessive Costs

• Concerned that you may be paying for contractors or consultants that are over-priced for today’s market?
• Concerned that you may be paying for a consultant when a lower-priced skill would be more appropriate?

 

Compliance Issues

Standard engagement practices improve effectiveness and mitigate risks. Without proper controls, many contingent workers – especially the phantom workforce – can create significant risks:

• Independent Contractors that could be classified as employees.
• Retiree’s, coming back as I.C.’s, exposing the company’s retirement plan tax status.
• Not compensated to DOL’s regulations, such as paying premium overtime.

 

For additional information, call 919-510-9696 or e-mail info@apcinc.com.