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Challenge: This Fortune 500 telecommunications company operates multiple global operations and an increasingly complex workforce. As a result of its size and range of businesses, it uses a variety of 1099 and other independent contractors. Runaway contractor costs and vendor management complexity were creating a difficult planning and cost control situation. The firm had dozens of small staffing vendors who were on the verge of being terminated due to administration nightmares.
Solution: This company chose ZeroChaos to implement both its Payrolling and Auxiliary Supplier Program solution for managing independent contractors. On the payrolling front, the company quickly found that for every 100 contractors a company hires, they can save close to $1.5 million in one year alone. For a company of this size, that means significant savings and direct impact to its earning-per-share. By working with ZeroChaos to manage its Auxiliary Suppliers, the company was able to leverage a simple vendor consolidation program, enabling the company the capability to retain all their vendors and consultants, while not disrupting any projects, which were underway.
PHARMACEUTICALS
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a few examples of our success in the following vertical markets:
• FINANCIAL SERVICES
• IT SERVICES
• ENERGY/UTILITIES
• PUBLISHING
• AEROSPACE
• TELECOMMUNICATION
• PHARMACEUTICALS
• MANUFACTURING
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