Giant Precision

The giant precision platform is a software and managed services solution designed to streamline and ensure compliance in the management of contingent workers. According to the vendor, this platform caters to a wide range of professions and industries, including corporates, online platforms, agencies, RPOs (Recruitment Process Outsourcing), and aspiring MSPs (Managed Service Providers).

Key Features

Proprietary software: According to the vendor, the giant precision platform offers unique proprietary software for managing contingent workers. It provides real-time reporting, dashboards, and analytics, along with features for onboarding and offboarding contractors, applicant tracking, and timesheet management.

Managed services: The platform provides comprehensive managed services covering the entire contractor lifecycle. These services include screening and background checking of contractors, employer/agent of record services, payroll processing, and payments. It also offers a talent bank for sourcing and managing contractors, along with timesheet management and support.

Zero Compliance risks: According to the vendor, the giant precision platform and managed services are designed to eliminate compliance risks for clients. It ensures compliance with contractor compliance legislation, including employment status reviews and IR35 legislation. The platform guarantees compliance and contractually indemnifies clients against any tax and employment risk.

Real-time reporting, dashboards & analytics: The platform offers real-time reporting capabilities, along with dashboards and analytics for in-depth analysis of contractor spend and service levels. Reporting and analytics can be customized and analyzed by source, supplier, department, and engagement type. It enables transparent control of contractor spend and compliance risk.

Onboarding & offboarding: According to the vendor, the platform includes features for efficient onboarding and offboarding of contractors. It offers a tailored and straightforward onboarding process, enhancing the contractor experience. Contractors can supposedly complete the onboarding process within 2 hours, ensuring compliance with onboarding requirements and positively reflecting on the client's brand.

Employer/Agent of record, payroll & payments: The platform provides employer/agent of record services for clients, along with payroll processing and payment services for contractors. It supports flexible engagement options and ensures compliance with payroll calculations and payments, both in the UK and internationally. Contractors are said to benefit from flexible pension planning options and the giant advantage benefits program.

Applicant tracking & talent bank: The platform includes applicant tracking functionality, allowing clients to create and grow their own talent bank. It facilitates job advert creation and sharing with the talent bank, branded jobs board, third-party contractor sites, and recruitment agencies. The platform supposedly streamlines communication and scheduling with candidates, as well as tracking CVs and streamlining the candidate selection process.

Timesheet management: According to the vendor, the platform offers a flexible and trackable online timesheet management system. It ensures appropriate timesheet authorization, eliminates errors in timesheet processing, and enables accurate billing based on authorized timesheets. The platform provides useful management information (MI) reporting on time worked, streamlining timesheet processing and reducing administrative burden.

Supplier management: The platform includes supplier management features, allowing clients to manage and oversee their supplier relationships. It enables control and oversight of supplier billings and costs, along with monitoring and evaluating supplier performance and compliance. The platform provides transparency and accountability in supplier management processes.

Billing & self-billing: According to the vendor, the platform supports automated billing processes, including purchase order management and multi-currency billing. It offers self-billing options, allowing clients to issue self-bills to suppliers. Automated billing reduces administrative burden and ensures accuracy, providing full control over supplier billings and cash flow.