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Managing Contingent Workforce Across Subsidiaries with Contingently

Written by Mikael Lindmark | Sep 8, 2024 10:04:13 AM

Managing Contingent Workforce Across Subsidiaries with Contingently. A convenient way to stand up a VMS for a market that is ready to go without impacting other markets

Introduction

In today’s global business environment, companies often operate through multiple subsidiaries, each with its own systems, processes, and local market dynamics. Managing a contingent workforce across these subsidiaries can be a complex and challenging task, especially when there are fragmented systems and varying compliance requirements. At Contingently, we offer solutions specifically designed to address the unique needs of managing a contingent workforce across subsidiaries, providing clarity, consistency, and control.

The Challenge: Fragmented Systems and Processes

When companies operate in multiple countries, they often face the challenge of managing their contingent workforce across different systems and processes. This fragmentation can lead to inefficiencies, increased risk of non-compliance, and a lack of visibility into workforce activities.

Common Scenarios:

  1. Different Systems for Different Markets
    Subsidiaries in various countries often use different systems to manage their contingent workforce. Some may rely on homegrown solutions, while others use manual processes, spreadsheets, or localized tools. This results in a lack of standardization and makes it difficult to gain a consolidated view of the workforce across the entire organization.
  2. Manual Processes and Limited System Support
    In many cases, especially in smaller subsidiaries, workforce management relies heavily on manual processes. This not only increases the risk of errors and inefficiencies but also makes it challenging to enforce consistent policies and practices. Additionally, smaller markets may lack the system support needed to manage their contingent workforce effectively.
  3. Regional Complexities
    Subsidiaries in high-complexity countries such as France, Italy, Germany, or Japan may have unique regulatory and compliance requirements. These countries often have specific labor laws and business practices that make it difficult to implement a one-size-fits-all solution. A homegrown system that works well in the headquarters country may not be applicable or scalable to other markets.

How Contingently Addresses the Subsidiary Challenge

Contingently provides a flexible and scalable solution tailored to meet the needs of subsidiaries, no matter how diverse their systems or processes may be. Our approach enables organizations to achieve consistency and control across all subsidiaries, ensuring compliance, efficiency, and visibility.

  1. Integrating Fragmented Systems
    Contingently’s solutions are designed to integrate with existing systems, providing a unified platform for managing the contingent workforce across all subsidiaries. This integration brings all processes under one roof, reducing the complexity of managing multiple systems and providing a single source of truth.
  2. Standardizing Processes and Policies
    By implementing Contingently’s solutions, organizations can standardize their contingent workforce management processes and policies. This ensures that all subsidiaries adhere to the same standards, regardless of their size or location. Standardization improves efficiency, reduces risks, and ensures that all workforce activities are aligned with the organization’s strategic goals.
  3. Customized Solutions for Local Needs
    Contingently understands that each subsidiary may have unique needs and requirements. Our solutions are flexible and customizable, allowing organizations to tailor the system to meet the specific requirements of each market. Whether it’s adapting to local labor laws, compliance standards, or business practices, Contingently provides the tools needed to manage the workforce effectively.
  4. Scalable Deployment
    Our solutions are scalable, making it easy to deploy in subsidiaries with varying levels of spend and complexity. Whether you’re rolling out a solution in a large subsidiary with significant spend or a smaller market with minimal requirements, Contingently can scale to meet your needs.

Real-World Examples

Example 1: French HQ Organization Expanding to the UK
Consider a company headquartered in France, using a homegrown solution tailored to the specific regulatory and business needs of the French market. While this solution works well domestically, it is too specific to be effectively deployed in other countries, like the UK. With Contingently, the company can easily roll out a turnkey solution specifically designed for the UK market. This allows them to capture and manage their contingent spend in the UK without the complexities of adapting their French-centric system, ensuring compliance with UK regulations and improving visibility into their workforce activities.

Example 2: US HQ Organization Expanding into Europe
Now imagine a US-headquartered company looking to extend its operations into Europe. The company has a well-established process for managing contingent workers in the US, but they recognize that a US-centric approach may not be suitable for European markets, which have different regulatory requirements and cultural practices. Instead of rolling out the US system across Europe, Contingently helps them implement localized instances for larger European subsidiaries. This allows the company to manage its contingent workforce effectively, respecting local nuances and regulations, and ensuring that each market can operate efficiently and compliantly.

Conclusion

Managing a contingent workforce across subsidiaries can be a complex and challenging task, but it doesn’t have to be. Contingently offers solutions that bring clarity, consistency, and control to your workforce management, no matter how diverse your subsidiaries’ systems or processes may be. By integrating fragmented systems, standardizing processes, and providing customized solutions for local needs, Contingently enables you to manage your contingent workforce efficiently and effectively.

If you’re ready to take control of your contingent workforce management across subsidiaries, contact Contingently today to learn more about our solutions and how we can help you achieve your goals.