eProcurement vs. VMS

Thanks to today’s technology, several systems and platforms exist for managing non-employees. For some companies, it can be difficult to determine which type of system is the better choice—an eProcurement system or a vendor management system (VMS). What most companies do know, however, is that for ease of use, they only want to use one system to manage their extended workforce. So how does a company decide which system is best to use?

  • Understand the key differences between the two systems, including that one is integrated and the other is specialized
  • Read what Spend Matters, a major procurement and supply chain analyst, has to say about eProcurement systems
  • View a comprehensive grid that illustrates the differences between eProcurement and VMS technologies