Glossary terms: B

Term

Definition

Product

Background Check

The process a person or company uses to verify that an individual is who they claim to be, and that provides an opportunity to assess and confirm the validity of someone's criminal record, education, employment history, and other activities from their past. Background checks are usually performed on a candidate during the hiring process.

Beeline platform: Functionality for Onboard called "Onboarding Checklist". A specified Payment Request option for the cost a supplier incurs to perform a background check on talent, usually completed before the start of an effective assignment.

Contingent Staffing

Beeline ID

An identification number (or letter/number combination) a supplier uses to track their workers. The ID format is defined by the client.

Beeline Processing Service

BPS

A Windows service used to handle long running tasks in an asynchronous fashion to ensure a responsive and performant user interface. The BPS handles specific processes required for cleanup, validation, workflow (approval) instance creation, and tracking.

Contingent Staffing

Beeline Workflows

How a process is routed to an approval or rejection through the Beeline platform. Similar to a template.

Client Onboarding

BFP

Buyer Firm Profile

IQN Vendor Management System: Most of the configurations for the Buyer are set up on the BFP.

Bid

The supplier’s response to an RFx.

Services Procurement

Bid to Offer

aka bid and ask

A two-way price quotation indicating the best potential price at which a service can be sold and bought at a given point in time. The bid price represents the maximum price that a buyer is willing to pay for service.

The transition of a competitive bidding process to an offer stage, where participants reduced for the purpose of limiting those that may come to contract agreement.

Services Procurement

Bill Rate

The monetary amount charged to a client that reflects the rate the supplier is paid. The bill rate is the amount independent professionals charge clients pre-taxes, fees, and discounts.

Billing Cost Center

aka Bill to Cost Center

The cost center charged or billed for an assignment to which fund are paid. Each assignment record has only one primary cost center, but a contract worker can enter time against multiple cost centers on their timesheet at time entry.

Billing Schedule

The schedule in which assignments are billed on monthly, weekly, bi-weekly basis. The defined time frame by which all timesheets are gathered to create an invoice.

Billing Shift

The shift the assignment is billed against, first, second shift. The time period in a given day to which time is applied.

Billing Terms

The category used to bill fees against an assignment. The billing term drives the Beeline fee, so it could be a reduce fee for grandfathered or a different fee for payroll. Predefined fees can be categorized depending on the type of labor or how they were sourced.

Blanket Purchase Order

Aka blanket order, blanket purchase agreement, call-off order

An offer from the client to its supplier allowing multiple delivery dates over a period of time. Frequently negotiated to take advantage of predetermined pricing when there’s a recurring need for expendable goods.

Services Procurement

BLS

Beeline Learning Solutions

A Beeline business unit focused on developing custom training programs.

BO

Business Objects

An integrated query, reporting and analysis solution for business professionals that allow you to access data in a database directly and analyze this information in a Business Object document.

Bots

A software application that runs automated tasks over the Internet. Typically, bots perform simple and structurally repetitive tasks at a higher rate than would be possible for a human alone.

Services Procurement

BRO

Business Rules Organization

A type of organization unit where business rules/policies and reference data have been executed.

BSOW

Buyer Statement of Work

Captures currency and management fee details for the buyer organization that will apply to all supplier organizations transacting with the buyer organization.

BTE

Beeline Time and Expense system

Beeline's time tracking system included as a module within the Beeline platform. Most clients use BTE; however, some clients choose to use their existing time system. In those circumstances, that client imports time on a regular basis to facilitate the consolidated invoicing process.

BU

Business Unit

A fully functional component of a business with its own vision and direction.

Bulk

Process for allocating a large group of talent to requests.

Contingent Staffing

Business Area

An area of business, a category of business, a project or shared service within a client's organization used to group Functional Partitions.
 

Business Case

A justification for a proposed project or undertaking on the basis of its expected commercial benefit.

Services Procurement

BusinessNeed

A requisition.

Gaps between the current state of a business and its goals. Needs are the basic drivers of change in an organization identified as a requirement.

Contingent Staffing

Business Objects

An integrated query, reporting and analysis solution for business professionals that allow you to access data in a database directly and analyze this information in a Business Object document.

Business Requirements

aka stakeholder requirements specifications

Describe the characteristics of a proposed system from the viewpoint of the system's end user like a CONOPS. Products, systems, software, and processes are ways of how to deliver, satisfy, or meet business requirements.

Services Procurement

Buyer

Converged term is Client.

Beeline's client/customer, such as Home Depot, NCR, Western Union. Responsible for executing sourcing and supplier management strategies, negotiating contracts, conducting spend analysis, analyzing supply markets, executing competitive RFIs/RFPs, and leading supplier negotiations.

Services Procurement​​​​​​