Human Resource Management Software (HRMS) and Enterprise Resource Planning (ERP) software provide great benefits to large organizations seeking centralization over procurement and financial processes. However, if your organization’s objective is to create a sourcing strategy to manage your non-employee labor, a Vendor Management System (VMS) is essential.
Understand the benefits of integrating a VMS into your existing employee management software
Learn the strategic advantages enabled by adding a Vendor Management System
Compare and contrast a VMS’s technical functionality for non-employee management versus that of HRMS/ERP software
A VMS augments HRMS and ERP software, providing organizations with the depth of functionality required to truly manage their non-employee workforce. A single global VMS, like Beeline VMS, can interface with multiple HRMS/ERP instances and this integration makes it possible for your organization to leverage the capabilities of all systems.
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An Introduction to Funding Models and Pricing Methods for a Vendor Management System (VMS)