1Staff provides four options for VMS fee calculations
- The inability for the staffing agency to properly track the actual VMS expense
- Revenue Miscalculation (With a bill amount of $100 and a $2 VMS fee, should the actual generated revenue be $98 or $100?)
- If a VMS Fee does change the staffing company would need to edit the bill rate on every assignment rather than changing a single VMS Fee ID
- Fee + Tax – Discount
- Fee + Tax
- Fee – Discount
VMS = Vendor Management Software VMS Fee = From a Customer perspective, the VMS Fee, is seen as a reduction fee applied to their Total Bill Amount VMS Expense = From the Staffing Agency perspective, the VMS expense is an expense which reduces the Staffing Agency gross marginTake Advantage Today of This VMS Feature Available in the latest 1Staff Back Office Build. Contact 1Staff today >
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Professional Advantage has been a multi awarded Microsoft Presidents Club Member and Microsoft Certified Partner for many years, providing software solutions underpinned by Microsoft Dynamics GP and D365/CRM platforms.
With 6,000 customers globally, our focus has always been to help our clients use technology to enable high performing workplaces.