Vendor Management System (VMS) helps organizations effectively and efficiently manage their entire non- employee workforce as well as service categories such as Statement of Work (SOW) and ID management. When utilized as part of the Al Faris Suite of talent management applications, total workforce visibility can be achieved. Ranked as a ‘Leader” in both VMS and SOW capabilities by Forrester Research, our contingent workforce management solution drives operational efficiencies, superior budget control, improved cost savings and ensures adherence to compliance requirements when managing contingent workers.
VMS is a highly configurable, robust application, which helps minimize implementation costs often associated with extensive customization. Its intuitive interface allows for high user adoption across your organization ensuring that sourcing, procurement, and HR functions have the necessary insights into your non-employee workforce to drive efficiency, cost savings and compliance. The system’s built-in analytical tools and detailed report library, with over a hundred pre-defined reports, provides managers and executives with powerful strategic insights to help make more informed decisions.