In today’s dynamic labor market, contingent workers - freelancers, contractors, and temporary staff - play a critical role in keeping organizations agile and competitive. Yet, high turnover in this segment remains one of the biggest challenges for talent acquisition and HR leaders. Every time a great contractor leaves, your team faces lost productivity, re-hiring costs, and delays in critical projects.
That’s where a modern Vendor Management System (VMS) makes the difference.
A Modern VMS uses advanced automation and data intelligence to ensure every requisition reaches the best vendors - and the right candidates. The system matches skills, experience, and work history against your needs, so contingent workers are placed in roles that suit them perfectly.
Result: Workers are happier and more productive from day one, reducing early attrition.
A major reason contractors walk away early is disorganization during onboarding. A Modern VMS simplifies this with built-in digital workflows that handle everything from background checks to digital documentation and orientation.
Result: Every contingent worker starts strong, with a seamless, compliant onboarding experience.
Payment delays and miscommunication are silent turnover killers. A Modern VMS provides total visibility into rates, time tracking, and billing. Both hiring managers and vendors can view progress, approvals, and payments in real-time.
Result: Workers trust the process - and stay longer because they’re treated fairly.
With a Modern VMS, you get advanced analytics and reporting, HR leaders can monitor performance trends and engagement signals across the contingent workforce. The system flags issues early - before dissatisfaction becomes resignation.
Result: You retain top talent by intervening early and intelligently.
A Modern VMS helps you evaluate vendor performance using metrics like fill rate, quality of hire, and turnover rates. You can identify top-performing partners and hold others accountable - ensuring you only work with agencies that bring the best talent.
Result: Consistently high-quality talent from your most reliable vendors.
With a Modern VMS's advanced analytics, you don’t just react to turnover - you anticipate it. The system highlights where and why contingent workers are leaving, enabling you to adjust rates, engagement practices, or vendor strategy proactively.
Result: A measurable reduction in turnover and hiring costs.
A modern VMS like Conexis doesn’t just manage your contingent workforce - it empowers you to retain it. By integrating automation, analytics, and transparency, Conexis helps HR and talent acquisition leaders build a stable, engaged contingent workforce - so you can stop chasing replacements and start scaling success.
Conexis VMS was built to give organizations an easy-to-use procure-to-pay system that manages your company's entire Extended Workforce. Our easy-to-use Vendor Management System significantly improves user adoption rates when compared with other VMS providers, giving your business the visibility and control it needs to improve your Talent Acquisition Program.
With Conexis, you get the power of enterprise VMS software without the complexity or cost.
Conexis is an award-winning Vendor Management System built for organizations that want the power of enterprise software without the complexity or cost.
Leveraging the latest technology, Conexis delivers the expertise, reliability, and security of enterprise systems, while offering the flexibility, user friendliness and tailored, personal service you require. Learn more about our Company and why organizations Choose Conexis VMS.