Case Study
National Financial Services Company Achieves Quick Contingent Cost Savings and Compliance
July 2 2022
A leading national financial services company was struggling to gain control of its growing contingent workforce. With teams spread across the U.S. using independent sourcing practices, it became clear that internal management wasn’t possible.
The company chose to outsource its contingent workforce management to Magnit’s purely vendor-neutral Managed Services Provider (MSP) and Vendor Management System (VMS) to create a program that could address rouge sourcing practices, inflated supplier bill rates, compliance issues and a lack of visibility.
Download the case study and discover how this partnership created over $500K in cost savings in six months through initiatives that streamlined operations, implemented compliant practices, and more.