Get Our Complete Guide to Vendor Management & Its Benefits, Challenges, Processes, and Best Practices
Eicra.com maintains a database of the most trustworthy third party service providers for all your business .
All tools and support necessary for you to set up the contract with your vendors can be provided by Eicra.com
Our Vendor Management Service team perfectly maintain performance indicators to accurately show how each vendor is affecting your business.
Our Vendor Management Service tools and resources can help you set policies for specific vendors & maintain a close relationship.
Our VMS comes with risk assessment and mitigation tools, to avoid damages caused by any vendor's compliance issues
We provide means for you to carry out communications with your vendors smoothly from a centralized service.
In a fast-paced and unpredictable market, Companies must be able to react quickly. Increasingly, recruiters are utilizing contingent workforce strategies to provide flexibility. As the number of contingent and contract workforce sources upsurges, so do the challenges, such as managing cost, standardizing processes, and tracking performance. What is required to address this challenge is a service provider like Eicra.com can streamline the process and manage multiple staffing vendors at one go. To gain control and have visibility overall operations, large organizations are turning to us, our vendor management service is a comprehensive solution that optimizes contingent workforce management and drives performance through people, process and technology.
Organizations all around the world rely on our Vendor Management Services (VMS) to improve operational efficiencies and provide visibility and control over their entire workforce.
If your company has multiple vendors for contingent staffing, you can count on us one of the leading vendors to handle your workforce across Bangladesh, solving your vendor management challenges. Contingent workers (e.g., consultants, freelancers, independent contractors, and even temporary staff) are widespread options for companies. However, most companies lack the expertise to fully take benefit of this opportunity. Eicra.com’s vendor management solutions are designed to manage all contingent workforce activities (right from sourcing to separation), support administrative functions by establishing performance metrics, negotiate, evaluate vendors, standardize reporting and manage day-to-day operations.
We will monitor KPI ( Key Performance Indicator) and the service level agreement that is primarily set up, along with the terms and conditions. So get in touch with us.
Outsourcing specific and complex support functions benefits companies better manage spends and focus on core business growth. As the complication of managing these workgroups increases, partnering with our company as your vendor management Service Provider can help simplify operations. Leveraging our Eicra expertise and best practices, we refine the process and deliver vendors who match the culture and expectations of the clients without compromising on the cost.. We have the most skilled solutions design and implementation teams in the industry globally. We companion with customer teams across HR, IT and Procurement to continuously improve processes and results.
We’ll look at how a managed service provider working with a vendor management system may help organizations reduce risk and preserve contract workforce continuity.
While each client’s circumstance is unique, at Eicra, we make every effort to apply our methodology and get results as rapidly as feasible. We work tirelessly on your behalf with vendors and keep you informed throughout the process.
This involves an ongoing, fully managed strategic audit and optimization process to guarantee that all vendors and service provider services are correct and at the lowest rate possible while maintaining the highest level of quality for the services provided. Every stage of our process is fully communicated to our clients.
Eicra has a success record of 100 percent. Our team is committed to cutting costs, and saving money is our top priority.
Eicra has set itself apart by assembling a formidable team of skilled auditors, cost-cutting experts, and contract-negotiation experts.
Eicra saves between 17 and 36 percent of our clients on average, and we have never failed to save a client. The outcomes of each organization will fluctuate depending on the number of suppliers, services per vendor, contractual relationship with vendors, agreement terms, invoice errors recovered, credits recovered, contract negotiation results, equipment audits, and services audits performed.