Vendor Management System for all your external services
One vendor management system to source, onboard, manage and pay freelancers, temp staff, consultants and service suppliers.
They trust us:
Make your professional services spend visible
A vendor management system (VMS) is software that helps companies source, engage, manage and pay external talent and service suppliers (staffing agencies, freelancers, consultants and subcontractors) in one place, with control over rates, compliance, budgets and performance.
Services procurement
Services don't behave like goods: scope changes, pricing depends on people and time, and value is measured in deliverables.
Eleven VMS gives you one process for buying IT, engineering, consulting and other professional services, whether they are billed on time and materials, fixed price or through a statement of work.
Contingent workforce management
Send requests for proposals to your preferred staffing agencies and consulting firms accross your approved vendor list.
Compare candidates against your negotiated rate cards and onboard them in a few clicks.
Timesheets are submitted and approved in the platform, tenure limits trigger alerts before they are reached, and offboarding closes every access.
Statement of Work
For project work, build the statement of work in the platform, break it into milestones and validate each deliverable before it is invoiced.
Change orders are tracked against the original budget, so you always know what was agreed, delivered and paid.
Manage fixed price projects in one platform.
Services procurement
Services don't behave like goods: scope changes, pricing depends on people and time, and value is measured in deliverables.
Eleven VMS gives you one process for buying IT, engineering, consulting and other professional services, whether they are billed on time and materials, fixed price or through a statement of work.
Services procurement
Services don't behave like goods: scope changes, pricing depends on people and time, and value is measured in deliverables.
Eleven VMS gives you one process for buying IT, engineering, consulting and other professional services, whether they are billed on time and materials, fixed price or through a statement of work.
Integrations
Connect your vendor management system to the tools you already use through native connectors, open API, Webhooks or tailored solutions. Make you ERP, e-procurement and source to pay software, HRIS and finance tools a single and unique connected system.
