--- title: What is Vendor Management in a Contingent Workforce Program? description: Discover what is a vendor management system in a contingent workforce program and how using vms technology can transform your program. image: https://www.conexisvmssoftware.com/hubfs/1.%20MASTER%20MASTER%20Blog%20and%20Website%20Page%20IMAGES%202026/CONTINGENT%20WORKFORCE/CWF%201200x627%20%20optimized/contingent-workforce-staffing-challenges-1200-627.jpg --- - [BOOK A DEMO](https://www.conexisvmssoftware.com/book-a-demo) - [TAKE A TOUR](https://www.conexisvmssoftware.com/self-guided-tour-of-conexis-vms-vendor-management-system-demo) [![Conexis Logo](https://www.conexisvmssoftware.com/hubfs/CONEXIS%20LOGO/ConexisLogo%20Square%20Green-Black-FINAL-1.svg) ![Conexis Logo](https://www.conexisvmssoftware.com/hubfs/CONEXIS%20LOGO/ConexisLogo%20Square%20Green-Black-V2.svg)](https://www.conexisvmssoftware.com/) [![Conexis Logo](https://www.conexisvmssoftware.com/hubfs/CONEXIS%20LOGO/ConexisLogo%20Square%20Green-Black-V2.svg)](https://www.conexisvmssoftware.com/) - 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[VMS 101: How a VMS Increases Workforce Visibility](https://www.conexisvmssoftware.com/contingent-workforce-visibility-vms) - [VMS 101: How a VMS Improves Hiring](https://www.conexisvmssoftware.com/improve-contingent-workforce-hiring-performance) - [VMS 101: How a VMS Improves Operational Efficiency](https://www.conexisvmssoftware.com/increasing-operational-efficiency-vms) - [VMS 101: How a VMS Improves Time-to-Fill](https://www.conexisvmssoftware.com/vms-improves-time-to-fill) - [Contingent Workforce Management | Guide](https://www.conexisvmssoftware.com/contingent-workforce-vms) - [VMS for Staffing Agencies | Guide](https://www.conexisvmssoftware.com/vms-staffing-agencies-guide) - [Managing Vendors | Guide](https://www.conexisvmssoftware.com/what-is-vendor-management) - [Managing Staffing Agencies | Guide](https://www.conexisvmssoftware.com/managing-staffing-agencies-with-a-vms-guide) - [VMS & Direct Sourcing | Guide](https://www.conexisvmssoftware.com/what-is-direct-sourcing-guide-vms) - 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[TAKE A TOUR](https://www.conexisvmssoftware.com/self-guided-tour-of-conexis-vms-vendor-management-system-demo) 6 August 2025 # What is Vendor Management in a Contingent Workforce Program? [![Wayne Burgess](https://www.conexisvmssoftware.com/hs-fs/hubfs/Wayne100.png?width=30&height=30&name=Wayne100.png) Wayne Burgess](https://www.conexisvmssoftware.com/blog/author/wayne-burgess) - - - **Do you really know how many vendors you work with?** Learn why vendor management is essential for cost control and better workforce visibility.  Supply chains for most organizations have grown exponentially in recent years. In fact, a large number of businesses can now only hazard a guess at how many vendors they have on their books, with the true figure generally unknown.  Because of this, [vendor management software](https://conexis.io/vms-benefits/) is more critical to the success of an organization's contingent workforce management program than ever before. Effective vendor management ensures your company makes the most of its vendor relationships, while at the same time maximizing the benefits and mitigating the risks.  That’s why, according to Ardent Partners, *The State of Contingent Workforce Management 2020*, most organizations will be focusing on using [vendor management systems (VMS)](https://conexis.io/how-it-works/) over the next two years to gain control of their contingent workforce program and automate/consolidate the processes associated with it - with 60 percent of businesses focusing on data analytics and reporting.  With that in mind, this blog will dive deeper into what vendor management actually is, why it’s crucial for vendor management success to move away from [manual spreadsheets](https://blog.conexis.io/5-dangers-of-using-manual-spreadsheets-to-manage-staffing-vendors) and how using technology can transform how you manage your vendors. ## What exactly is Vendor Management? Vendor management is the process that businesses use to strategically manage their vendors. This includes every step in the vendor management lifecycle, from sourcing vendors, negotiating contracts, mitigating risk, analyzing vendor performance and offboarding.  When it comes to a company’s contingent workforce management program, vendor management is the process of managing the entire staffing vendor (also known as staffing firms or staffing agencies) lifecycle.  Staffing agencies work on behalf of an organization to match temporary workers or independent contractors with relevant non-employee positions within the business. This access to non-employee workers gives businesses the ability to scale up rapidly depending on current workforce requirements, and access hot skills within their industry. ## What are the Steps in a Vendor Management Process? There are a few steps in the vendor management process: - Vendor selection - Risk assessment - Contract negotiation - Onboarding - Managing/monitoring performance, and mitigating risk - Offboarding Through successful vendor management in their non-employee workforce program, organizations can realize significant soft and hard savings, as well as benefits such as better performance and monitor tracking, improved vendor visibility and significant efficiency gains. ## How to Manage Vendors Effectively Unfortunately, most organizations aren’t able to access the above benefits as they are still managing vendor data locally - using spreadsheets, in-house databases or Sharepoint-like websites to manage their staffing agencies.  In fact, according to a study conducted by *Forrester Research*, 82 percent of businesses claim that they still use spreadsheets to inventory, assess, and manage third-party companies.  These outdated and manual systems for vendor management are simply not an effective way to manage a company’s staffing agencies. Using these time-consuming and error prone methods leads to a lack of visibility into vendor information and vendor performance that impacts your entire non-employee workforce strategy. The result is wasted time, a lack of vendor consolidation that leads to hidden risks, no insight into how vendors are performing, rogue spend across your contingent workforce program and significant room for human error. ## How automating your vendor management leads to huge ROI To revolutionize how you manage your vendors, vendor management best practices calls for the implementation of cloud or web-based vendor management software. A [vendor management system (VMS)](https://www.conexisvmssoftware.com/what-is-a-vms) will automate your entire vendor process in one centralized software platform, allowing you to monitor the performance of your staffing suppliers from request to payment. By consolidating both your vendors and all contingent workforce program data in one centralized location, your organization will have clear visibility and control over its vendor relationships, vendor analytics, pay rates and much more.  The result is significant cost savings, standardized processes set for all hiring managers across your organization, improved efficiencies and more strategic insights into how your vendors are performing.  ## Learn more about How to Choose the Right VMS Learn more about the Benefits of a VMS and what to look for when choosing the best VMS for your organization. Download our Free VMS Buyer's Guide [here](https://www.conexisvmssoftware.com/conexis-vms-buyers-guide): [![Everything you need to know about Vendor Management Systems](https://no-cache.hubspot.com/cta/default/7617376/9ad5634f-c8fc-44d7-ac23-49cded1aacec.png)](https://cta-redirect.hubspot.com/cta/redirect/7617376/9ad5634f-c8fc-44d7-ac23-49cded1aacec) ## The Conexis VMS Difference Conexis VMS is an [award-winning](https://www.conexisvmssoftware.com/conexis-vms-awards-and-recognition) vendor management system built for organizations that want the power of enterprise software without the complexity or cost. Leveraging the latest technology, Conexis VMS 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](https://www.conexisvmssoftware.com/company) and what makes [Conexis VMS different](https://www.conexisvmssoftware.com/best-vendor-management-system-conexis). ## Discover the Power of Conexis VMS Conexis VMS is trusted by staffing agencies, MSPs and leading organizations to modernize and manage their contingent workforce programs. Here's why organizations choose Conexis VMS: - [Modern VMS Technology](https://www.conexisvmssoftware.com/best-vendor-management-system-conexis) - Built on the latest AWS microservices architecture and Open API - [Fast Implementation](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-launches-a-vms-in-weeks-not-months) - Get up and running in under a month, free setup and training included - [Fully Branded White-Label VMS](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-delivers-fully-branded-white-label-vms) - Your Logo. Your Domain. Your Branded Communication - [Flexible Pricing](https://www.conexisvmssoftware.com/pricing) - No setup fees, with free implementation, training and account management - [Personal Attention](https://www.conexisvmssoftware.com/vms-nps-customer-satisfaction-adoption) - Experienced senior account management from implementation onward ## Switching Your VMS or Just Getting Started? We work with teams at every stage, from first-time buyers to companies replacing outdated platforms that can't keep up. Either way, we'll show you what a modern VMS looks like, up and running in under 30 days. | [![Book a private consultation with Conexis VMS](https://no-cache.hubspot.com/cta/default/7617376/838fcdf1-1e6b-4f38-94ca-546b5c3f500a.png)](https://cta-redirect.hubspot.com/cta/redirect/7617376/838fcdf1-1e6b-4f38-94ca-546b5c3f500a) | [![Take a self-guided tour of Conexis VMS ](https://no-cache.hubspot.com/cta/default/7617376/6617fad0-9168-4a45-b474-c96a34628641.png)](https://cta-redirect.hubspot.com/cta/redirect/7617376/6617fad0-9168-4a45-b474-c96a34628641) | [![Book a Demo with Conexis VMS](https://no-cache.hubspot.com/cta/default/7617376/18db2c62-a34a-4454-8010-c1bfc7f5e559.png)](https://cta-redirect.hubspot.com/cta/redirect/7617376/18db2c62-a34a-4454-8010-c1bfc7f5e559) | | --- | --- | --- |   [![Contingent Workforce Management](https://no-cache.hubspot.com/cta/default/7617376/cecc9213-d7db-45fd-8c60-177c75fc12cb.png)](https://cta-redirect.hubspot.com/cta/redirect/7617376/cecc9213-d7db-45fd-8c60-177c75fc12cb)   ![Wayne Burgess](https://www.conexisvmssoftware.com/hubfs/Wayne100.png) #### Wayne Burgess Wayne Burgess is the Co-Founder of Conexis VMS, a technology company focused on helping organizations get control of their Contingent Workforce. ### Popular posts ![How Do They Do It? How Conexis Open APIs Deliver Fast VMS Integrations](https://www.conexisvmssoftware.com/hubfs/how%20do%20they%20do%20it-Conexis-VMS-Open%20api_%201200x627-44.jpg) ## [How Do They Do It? How Conexis Open APIs Deliver Fast VMS Integrations](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-vms-open-apis-make-vms-integration-fast) [![read more](https://www.conexisvmssoftware.com/hubfs/6M%20Files/read-more.svg)Read More](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-vms-open-apis-make-vms-integration-fast) 17 September 2026 ![How Do They Do It? How Conexis VMS Delivers a White-Label VMS](https://www.conexisvmssoftware.com/hubfs/1.%20MASTER%20MASTER%20Blog%20and%20Website%20Page%20IMAGES%202026/HOW%20DO%20THEY%20DO%20IT%20OPTIMIZED%201200/conexis-vms-white-label-vms-1200-627-60.jpg) ## [How Do They Do It? How Conexis VMS Delivers a White-Label VMS](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-delivers-fully-branded-white-label-vms) [![read more](https://www.conexisvmssoftware.com/hubfs/6M%20Files/read-more.svg)Read More](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-delivers-fully-branded-white-label-vms) 24 June 2026 ![How Do They Do It? How Conexis VMS Can Launch in Under 30 Days](https://www.conexisvmssoftware.com/hubfs/1.%20MASTER%20MASTER%20Blog%20and%20Website%20Page%20IMAGES%202026/HOW%20DO%20THEY%20DO%20IT%20OPTIMIZED%201200/conexis-vms-implementation-1200-627-59.jpg) ## [How Do They Do It? How Conexis VMS Can Launch in Under 30 Days](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-launches-a-vms-in-weeks-not-months) [![read more](https://www.conexisvmssoftware.com/hubfs/6M%20Files/read-more.svg)Read More](https://www.conexisvmssoftware.com/blog/how-do-they-do-it-how-conexis-launches-a-vms-in-weeks-not-months) 1 June 2026 ### Subscribe to the Conexis Monthly Newsletter ![Conexis Logo - White](https://www.conexisvmssoftware.com/hubfs/CONEXIS%20LOGO/ConexisLogo%20Square-White-V2.svg "Conexis Logo - White") [![Conexis VMS Reviews](https://www.conexisvmssoftware.com/hubfs/www.conexisvmssoftware.png)](https://sourceforge.net/software/product/Conexis-VMS/) - [VMS BENEFITS](https://www.conexisvmssoftware.com/benefits-of-vendor-management-system) - [PRICING](https://www.conexisvmssoftware.com/pricing) - [COMPANY](https://www.conexisvmssoftware.com/company) - [CONTACT](https://www.conexisvmssoftware.com/contact) - [CONEXIS VMS](https://www.conexisvmssoftware.com/best-vendor-management-system-conexis) - [LEARN](https://www.conexisvmssoftware.com/vms-vendor-management-system-resources) - [TAKE A TOUR](https://www.conexisvmssoftware.com/self-guided-tour-of-conexis-vms-vendor-management-system-demo) - [BOOK A DEMO](https://www.conexisvmssoftware.com/book-a-demo) ![icon-map-marker](https://www.conexisvmssoftware.com/hubfs/6M%20Files/icon-map-marker.svg)**USA** 350 S NW Highway, Suite 300 Park Ridge, IL 60068 ![icon-map-marker](https://www.conexisvmssoftware.com/hubfs/6M%20Files/icon-map-marker.svg)**Canada** 100 King Street West, Suite 5600 Toronto, ON, M5X 1C9 ![phone-icon](https://www.conexisvmssoftware.com/hubfs/2021/Images/icon-phone.svg)[(312) 776-2006](tel:13127762006) ![SIA\_Corporate Member Logo](https://www.conexisvmssoftware.com/hs-fs/hubfs/SIA_CM_Member_2018%20copy.jpg?width=300&height=74&name=SIA_CM_Member_2018%20copy.jpg)   Copyright © 2026 Conexis VMS - All Rights Reserved. | [Privacy Policy](https://www.conexisvmssoftware.com/privacy-policy) ```json { "@context": "http:\/\/schema.org\/", "@type": "BlogPosting", "datePublished": "2025-08-06 12:30:00", "headline": "What is Vendor Management in a Contingent Workforce Program?", "description":"Discover what is a vendor management system in a contingent workforce program and how using vms technology can transform your program. 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