A Master Vendor solution involves a single supplier acting as the primary contact and resource with the client, managing all recruitment activity including the management of all secondary suppliers.
The Master Vendor would usually supply what resources it can from within its own organisation, anything resource it cannot procure or that’s which is considered outside its scope is automatically distributed to a panel of pre-approved and audited secondary agencies. This distribution is usually done on tiered levels or protected lead time distribution agreed with the suppliers.
For managing this service the Master Vendor takes a small percentage of the overall fees to the Client. This fee covers the management of the entire contract, audit of the agency and centralised and consolidated invoicing and payment routines, often completed on a self-bill arrangement.
Our Master Vendor solutions can include:
- Full supplier management
- Single point of contact
- Consolidated invoicing
- Full candidate referencing services
- Delivery to agreed service level agreements
- Consistent recruitment experience
- Onsite support