Driving Cost Savings Through VMS Intelligence

As businesses expand their reliance on contingent talent to stay agile and innovative, the challenge of controlling workforce spending extends beyond traditional cost containment. 

In a recent webinar hosted by ProcureCon, “Driving cost savings through VMS intelligence,” Pratik Patel of Mastercard and Mark Foster of Beeline explored how forward-thinking organizations are harnessing vendor management system (VMS) technology to control costs, enhance agility, improve compliance, and increase overall workforce performance. 

What you’ll learn about VMS intelligence and workforce cost control  

In this eBook produced by ProcureCon, you will learn: 

• The most common challenges in controlling workforce costs 

• How VMS technology has evolved to support strategic value creation 

• “Hard” and “soft” labor costs—and the “hidden costs” often overlooked 

• Best practices for achieving cost savings without sacrificing talent quality or delivery speed 

• How real-time visibility into the contingent workforce influences procurement and HR decision-making 

• How unified reporting in a VMS helps reduce rogue spend and improve compliance 
• Which metrics organizations should track to ensure effective cost control and strategic workforce management 

VMS intelligence case studies and real-world results 

The eBook also outlines case studies and lessons learned from organizations where VMS intelligence delivered significant cost savings. These examples offer actionable insights you can apply to your own organization. 

Advice for organizations beginning their VMS journey 

For contingent workforce programs implementing their first VMS, the eBook provides practical advice and key suggestions. It also offers predictions regarding the evolution of VMS intelligence for all contingent workforce program owners. 

 Download the eBook today to discover how VMS intelligence can drive contingent workforce cost savings, enhance compliance, and unlock greater strategic value for your organization.