The Vendor Management System (VMS) market is growing strongly due to increased adoption across relatively untapped segments, such as the mid-market, across industries and geographies. In the next normal, contingent workforce is emerging as a key focus area for enterprises, driving disruption in the market. As a knock-on effect, enterprises are increasingly expecting VMSs to serve their end-to-end Contingent Workforce Management (CWM) needs.
Providers are thus enhancing VMS features and functionalities to support all contingent categories and serve unique client needs across geographies and industries. They are enhancing their VMS solutions’ User Interface (UI) / User Experience (UX) and providing mobile-enabled solutions. They are also building additional capabilities to enhance compliance management, reporting & analytics, talent pool creation, and vendor and candidate sourcing.
This report leverages Everest Group’s proprietary PEAK Matrix® framework to evaluate 21 VMS technology vendors’ capabilities across two key dimensions – market impact and vision & capability.
Scope
Industry: all industries and geographies
Geography: global
Contents
This report studies:
Everest Group’s PEAK Matrix® evaluation of VMS technology vendors and their categorization into Leaders, Major Contenders, and Aspirants
Today, enterprises worldwide consider global hiring to be a business advantage and opportunity, which allows them to gain insights into new markets and access to a diverse talent pool. Hence, it is no surprise that enterprises have been increasingly…
