Leading Global Corporation Transforms Talent Management with Cutting-edge Magnit Solutions
The company faced several significant challenges in their talent management and professional services processes. To overcome these challenges, the organization recognized the need for a comprehensive solution that could streamline their operations and provide enhanced visibility and control. Learn how the business selected Magnit for MSP, Staff Augmentation, Services Procurement and VMS.
$4.7M in
Cost Savings
24/7 Real-time insights
into SOWs
25% Increase in Productivity
Get to Know the Organization
This private corporation has an extensive global presence that boasts a workforce of nearly 50,000 employees and $22 billion in revenue.
Business Challenges
- Enhancing Talent Management Efficiency: Manual tracking systems created inefficiencies and limited visibility into talent management, highlighting the need for a more automated and integrated approach.
- Improving Spend Consolidation: A lack of centralized oversight led to fragmented professional services spend, creating opportunities to enhance control and cost efficiency.
- Standardizing Vendor Contracts: Different stakeholders managed separate vendor contracts, leading to inconsistencies and complexity in similar work engagements.
- Reducing Cost Inefficiencies: Disjointed processes and contract discrepancies resulted in potential cost inefficiencies, underscoring the need for greater alignment.
- Implementing a Unified Solution: The organization sought a comprehensive approach to streamline operations, enhance visibility, and improve overall talent and vendor management.
Key Business Outcomes
- 4500+ paperless SOW managed within legally defined templates
- Improved operational efficiency
- Increased productivity by 25% and faster time-to-market
- Enhanced compliance and risk mitigation
"Partnering with Magnit has been a game-changer for our business. Their solutions have revolutionized our talent management processes, providing us with deep visibility, actionable insights, and streamlined workflows. With Magnit's expertise and market leading technology, we have achieved significant cost savings, increased productivity, and improved compliance. Magnit truly understands our business and has become a trusted strategic partner, helping us navigate the complex landscape of workforce management. Their continuous dedication to innovation and delivering value has been instrumental in our success."
Director of Enterprise Programs
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