The use of Internet technology to recruit and manage temporary staff could significantly reduce the £17.1 billion that companies spend every year.
Internet usage can streamline administration, save on costs, improve the quality of staff and reduce “maverick buying” of staff, according to James Reed, chief executive of Reed Executive.
Oracle is currently developing a e-procurement pilot project with Reed.
Vance Kearney, vice president of HR at Oracle, said, “It means we will only get one bill for staff and we know how many staff are being employed at any one time, and where and when.”
By Paul Dinsdale