Huge Gift: Turn the Tables with the Best Benefits of Vendor Management System

Huge Gift: Turn the Tables with the Best Benefits of Vendor Management System
8 min read

Workforces have drastically changed over the past two years. Contingent workers were less as compared to permanent workers and now the tables have turned. Things have evolved so fast that management is a whole new game, and you can’t have successful vendor management without an actual VMS.

Earlier people were skeptical about independent contractors and assumed that they wouldn’t be dedicated to the project work. Now freelancers take up projects as challenges and successfully deliver them with quality work. But then again, forms also assume that gig workers cost more. Not if and when you integrate with a VMS.

The benefits are a two-way road. Both need to give and take. It is not a 50-50 thing. It can be 60-40, 30-70, 45-55, or any other variable and the results are always 100 when both parties are satisfied. And when both, companies as well as gig workers, understand this, work is profitable, fun, and balanced.

So, what are the benefits of Vendor Management System that both employees and employers receive?

  • Independent Contractors are Being Treated as Professional Partners
    Before the pandemic, contingent workers were only seen as expensive investments that were contacted less. Nowadays, with the way candidates have up-skilled themselves, they are seen as professional partners and profitable-worthy investments. Businesses have started onboarding temporary workers often due to their knowledge, practices, quality work, and quick deliverables. Having FlentisPRO VMS has assisted several organizations in hiring the best talents for valuable rates.
  • Up-scaling and Down-scaling is Easier with a Contingent Workforce
    Honestly, employees and employers are aware that it could be a short-term relationship or a long-term one depending on the fulfillment of expectations from both sides. Therefore, there are no hard feelings when a company needs to down-scale its workforce. And when they need to up-scale their workforce, opting for gig workers seems like a qualitative decision when they already have a core team as permanent employees. Our VMS has a talent pool full of a variety of candidates to choose from. Moreover, you can add your existing candidates and employees or create multiple talent pool communities.
  • Access Talents from Around the World using FlentisPRO VMS
    Top Vendor Management Systems like FlentisPRO VMS can assist you in reaching out to talents from around the globe in just a few clicks. As mentioned earlier, there is a talent pool that you get access to. Find candidates segregated and categorized automatically. Add your own vendors then search with keywords and view the list of candidates ranked from an equivalent to the least potential match. A talent pool gives you access to the best talents or top talents at valuable costs, saving you from indecisive expenses and allowing you to make smart choices.
  • Cost-effective Strategies are Huge Benefits of Vendor Management System
    FlentisPRO VMS assists in making better decisions, saves you from unnecessary expenses, hidden charges, and budget overcharges. You can track your budgets, modify them, check out the market rate cards, hire talents you wanted, and get you closer to profits as well as success and growth. You can even manage your payroll or view invoices in the blink of an eye.  Feel like taking a demo to understand how this can happen? Click on www.flentis.com and let the experts show you how.
  • Flexibility Results in Enhanced Performance and Merrier Vendors
    Clauses in agreements are normal, even if you are a contingent worker. Top Vendor Management Systems assist in tracking vendor performances even with flexible schedules and remote settings. When the expectations are logical as well as real and discussed thoroughly between the employee and employer, performances are enhanced. Not only this but vendors are happy to be associated with the company especially if they are treated well, trusted, and given a flexible schedule along with fulfilled expectations.
  • Communication is Easier and Smoother with FlentisPRO VMS
    Remote settings bring in late communications, misunderstandings, delayed results, and whatnot. Not anymore. The biggest benefit of Vendor Management System is communication. Take, for instance, FlentisPRO VMS has tickled unthinkable aspects to create a powerful platform giving you the liberty to communicate smoothly with anyone. Want to host a meeting? Use the video-conference tool that has no expiration. Furthermore, it has a customizable URL. All-in-all, the VMS assists in giving you enhanced communication metrics that improve candidate engagement and experience which further results in a better rapport.
  • Recruiting, Screening, and Hiring Processes become Simple
    Once you invest in the right vendor management system, you would be able to do so much with the available tools. Technology is a boon for hiring and recruiting specialists. Hunting for talents? Use the talent pool. Searching for specific skills? Type in the (skills) keywords and view the results. Need to contact the candidate? Can happen with a click of a button. Host a screening for a remote worker? Use the in-built video conferencing tool. Need to discuss more? Continue on the same video conference link because it will never expire and can be reused. Planning to get them on board? Create your contract after a deep discussion and agree on it with your candidate, then send it to them. Want to re-check anything during the entire process? Fret not. FlentisPRO VMS kept a record of everything for you.

In the coming years, we could assume that 90% of organizations will be cloud-based and would need top vendor management systems to manage as well as track their workforce. There may be a few challenges in the beginning that most businesses are currently facing, such as:

  • Abnormal Shifts
    You cannot pressure your independent contractors to work within specific hours but can only expect them to deliver work within the deadline. Micromanagement is a big no-no if you hire gig workers.
  • Authority is Non-existent
    Your contract with your contingent workers is professional. Either of you is not entitled to impose authority. They could represent your business one moment and work for another firm in the next second. Authority is the tiniest part of your contract and can come into action when you talk about deadlines, code of conduct, and other clauses (as per the contract).
  • Miscommunication
    Since you both may not agree on fixed shifts, communication gaps can enter your chat. Therefore, you need to have clear discussions, recorded conversations, and simpler forms of communication. Choose FlentisPRO VMS to dissolve any kind of potential communication disruptions.
  • Lack of management
    It could be tempting to ignore your gig workers, but let’s remind you that you are investing in their skills and knowledge. Make the most of a VMS by tracking them, receiving reports, and analyzing them for better judgments. This saves your manual effort and time, simultaneously allowing you to focus on other essentials.
  • Increase in Complexity
    Facing difficulties is co-existent with success and growth. It sure takes a lot when you start something new. We don’t say that a VMS can make all your processes smoother overnight. No way; even Rome wasn’t built in a day. You would take time to understand the platform and we assure you that our technical support team will be there 24x7 with every step you take. But once you are through with this phase, success, profit, and growth are going to cling to your organization.


Multinational organizations have done wonders with FlentisPRO, and your business can do it too. Just reach out to us at our email address info@flentis.com and shower us with your queries or toughest challenges.

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