The modern workforce is constantly changing, and workers are increasingly seeking flexible solutions to meet their needs. As staffing firms face the ongoing challenge of attracting and retaining high-quality talent, many are turning to on-demand platform staffing as a solution. This raises the question: should staffing firms invest the time and resources to build their own technology, or should they use a pre-built solution? This is where Staffing Platforms as a Service (SPaaS) comes in.
SPaaS refers to online platforms or software solutions that offer staffing and workforce management services on a subscription or pay-per-use basis. These platforms act as intermediaries, connecting traditional staffing agencies with a pool of available talent. They provide a convenient and efficient way for staffing firms to access the resources they need without the need for extensive development or investment.
Key features of SPaaS include:
- Job Posting and Matching – On the platform, job opportunities can be posted, and the system utilizes algorithms and matching mechanisms to connect these opportunities with suitable candidates based on specific requirements. This optimization process ensures the most relevant temporary workers are matched with a given job.
- Workflow Management – These platforms offer a range of tools to effectively manage the entire workforce. By leveraging automation and digital efficiencies, these tools enable workers to be deployed faster. The platform covers various aspects of the workflow management process, including job posting, candidate selection, onboarding, time tracking, and even same-day payroll processing. They have been proven to achieve higher fill rates while minimizing the use of internal resources.
- Communication Tools – SPaaS solutions facilitate communication between employers and candidates, enabling efficient collaboration throughout the hiring process.
- Mobile Accessibility – Most SPaaS solutions provide mobile accessibility, enabling staffing firms and workers to conveniently access job positions, manage tasks, communicate, and retrieve information while on the move.
- Analytics and Reporting – Analytics tools play a crucial role in tracking important metrics related to the contingent workforce, empowering data-driven decision-making. This capability adds value to the service staffing firms provide as most also offer a client portal, streamlining the overall client experience.
- Rankings and Feedback – SPaaS solutions allow for both workers and customers to provide immediate real time feedback on performance.
- Compliance and Regulations – SPaaS solutions often include features that facilitate the management of legal and compliance aspects. These features can be particularly beneficial when expanding into new jurisdictions. Additionally, SPaaS solutions may assist in tracking background checks, drug tests, credentials, and other related requirements.
- Scalability – The platforms are designed to be scalable, allowing for easy adjustment of workforce size in response to fluctuations in demand.
- Flexibility – Staffing firms have the flexibility to choose the specific services they want to utilize through the platform. They can also decide which customers and workers they want to accommodate using the platform.
As organizations increasingly adopt the gig economy and flexible staffing models, Staffing Platforms as a Service offer a digital infrastructure that efficiently manages the contingent workforce. These platforms play a crucial role in connecting talent with opportunities and enable traditional staffing firms to enter the digital age while enhancing their core function, rather than distracting from it.
To learn more about SPaaS, contact a Marsh McLennan Agency (MMA) advisor today.
