Guide

Vendor Management System Buyer's Guide

Vendor Management System Buyer's Guide

Pages 18 Pages

To build an agile organization amid economic shifts, companies must manage both full-time and contingent workers as a total workforce. Contingent workers offer vital skills but require distinct oversight, creating challenges in management, compliance, and security. A Vendor Management System (VMS) addresses these needs by centralizing all contingent workforce activities—sourcing, onboarding, invoicing, reporting, and more—while integrating with HR systems. This supports a holistic workforce strategy. A five-step guide to evaluating VMS includes assessing current gaps, defining goals, involving stakeholders, comparing systems, and building a strong business case for change.

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