Vendor Management is an Internet-enabled, often Web-based application that acts as a mechanism for business to manage and procure staffing services – temporary, and, in some cases, permanent placement services – as well as outside contract or contingent labor.
Key business benefits include:
- Improve the quality of services
- Increase operational or financial efficiencies
- Reduced costs
- Expanded availability of services
- Accelerate service delivery
- Focus on your core business functions