July 3 2025
Vendor Management Systems (VMSs) continue to be an important technology solution as an increasing number of enterprises leverage contingent workers as part of their workforce and require a capable technology solution for Contingent Workforce Management (CWM). In recent years, VMSs have not only enhanced features and functionalities related to traditional staff augmentation but also expanded capabilities to include other areas within CWM, such as services procurement, independent contractors, and direct sourcing.
Everest Group evaluated 25 VMS solutions using a proprietary methodology to help organizations understand the provider landscape and designated them to three categories: Leaders, Major Contenders, and Aspirants. They were assessed across multiple criteria, including:
For the fifth consecutive year, Everest Group designated Magnit a VMS Leader! This position is a representation of our ongoing commitment and focus on continued excellence.
Gain research-backed insights to help guide your VMS evaluation—download the latest Everest Group spotlight on provider performance.