What is VMS?
Vendor Management System or VMS is a software especially uses in enterprises. It enables business leaders to control the process of procuring and managing a flexible workforce. This software is internet-based, which runs on-premises in the cloud and hybrid. It has many features that are beneficial for a company, such as searching, identifying, tracking, and managing your flexible workers. It endows with a simple way for staffing firms to integrate and automate the entire VMS workflow.
VMS to ATS Automation
Nowadays, over 70% of purchasers of temporary laborers are using vendor management systems to manage their group of the workforce, for which a dedicated VMS strategy is very much essential.
For a comprehensive recruiting solution, VMS can be used on a stand-alone basis or integrated with the applicant tracking system. Combining this integration with ATS, TrackTalents strives to integrate and automate a wide way for hiring companies. With VMS to ATS Automation, you can not only able to increase organizational efficiency, but also can trim down your costs to get better control of your expenditures, improve reporting, and much more.
Vendor Management Systems helps HR with:
- It is a web-based system to manage relationships and candidates submitted by third-party recruitment or staffing companies.
- Vendor Management Systems help to increase data integrity. It ensures organizational legal observance while justifying the risk. It also ensures the accuracy of your data so your team can better understand the business and make more effective, accurate decisions. With an automated VMS process, you not only can improve the accuracy of your data but also can increase the efficiency and speed of your team.
- There is no better way to improve your efficiency and profitability than automation. From top to bottom, Applicant Tracking System with automated VMS integration workflows reported greater efficiency, faster speed, and higher numbers of candidate submissions and fill rates.
- With VMS, ATS serves as part of a two-tiered approach to a more comprehensive recruiting process. From managing the recruiting process interface with candidates to communication, it handles everything and gives relief to the HR department that may disrupt HR workflow.
- Complete management of the recruitment functions – Submit and fill jobs faster. With VMS integration, it will automatically load jobs and fill up the data back candidate. The required information will be automatically filled, and resumes are uploaded in the background. Additionally, the status updates will also be synchronized between your VMS and ATS effortlessly, which gives you full visibility into where your candidate submissions stand.
