Vendor Management

Managing third-party vendors and talent suppliers is only a struggle when you don’t have the right processes in place.

Think about what working with a single talent vendor involves – tracking contracts, compliance risks, data, payment information and more. Now add in a few more vendors (each with a host of freelancers and contractors under them) and you’ll know how fast the work spirals.

Managing vendors without organization and visibility can lead to inefficiencies, risks, and missed opportunities. Without structured processes and systems, teams end up reinventing workflows with each new vendor that comes on board – and then scramble to find data, manage relationships and track performance.

In this guide, we aim to change that. From selecting vendors to onboarding them, monitoring performance, and managing compliance, these resources will help you streamline your processes, end-to-end. Step into a world of consistent, transparent and highly optimized vendor management!

What is a Vendor Management System (VMS)? A Complete Guide

Trying to handle vendor management processes manually is the easiest way to get overwhelmed and use up all your free time! A Vendor Management System (VMS) is a powerful tool that ensures this does not happen.

Read this guide to know what a VMS does, what are the key features you should look for, and how to go about choosing the right one for your needs. Plus: It also tells you the challenges involved in implementing a VMS – and gives you a list of the best tools in the market today.

👉 Read: What is a Vendor Management System (VMS)? A Complete Guide to understand how the right VMS can simplify vendor relationships.

Freelancer Management System (FMS) vs Vendor Management System (VMS)

Do you need an FMS or a VMS? Or are they the same thing?

Short answer: No, they are not the same. The two tools serve very different purposes – and the difference has to do with the kind of external workers you are engaging (freelancers vs. vendors).

This article explains the key differences between the two tools, highlights the benefits and complexities of each, and helps you decide which one might be more appropriate for your specific requirements. It helps you establish the right processes that will work for your business needs over the long term!

👉 Read: Freelancer Management System (FMS) vs Vendor Management System (VMS) to compare both platforms and choose the right one for you.

Vendor Selection Best Practices: How to Choose the Right Supplier

The best talent vendor is not always the one that comes at the lowest price! So what are the other factors you need to consider?

This handy guide tells you what to look for in a great vendor and shows you how to put together a fair, structured vendor selection process. By the end of it, you will be able to:

• Shortlist the factors that matter to you
• Know how to evaluate vendors in objective, measurable ways
• Spot vendor red flags and sidestep risks
• Put together checklists, scorecards and templates to help you with the process

👉 Read the full article on How to Choose the Right Vendor or Talent Supplier to build a vendor selection process that will make the engagement your next strategic advantage.

Contract Management in Vendor Relationships

Once you have selected the right talent vendor, it’s time to talk contracts. And no, it does not have to be as complicated as you may be thinking!

This is your comprehensive guide on how contract management protects you against compliance risks, what clauses a good vendor contract should include, and how you can negotiate for the best vendor outcomes.

Bonus: It gives you the full contract lifecycle workflow, chalking out exactly what should be done at each stage and who should be involved. It also tells you how you can automate the process.

👉 Read the full article on Vendor Contract Management to get step-by-step guidance and learn the best practices to safeguard your business, improve vendor accountability and make the engagement compliant, efficient, and future-ready.

Vendor Onboarding Checklist: Best Practices for Compliance & Seamless Integration

Once you’ve chosen your ideal talent vendor, the next step is onboarding, and yes, it can be far simpler than you think!

This is your step-by-step guide to building a structured onboarding process that keeps your projects compliant, your teams aligned, and your vendors accountable. You’ll learn exactly what a vendor onboarding checklist should include, how to coordinate across departments, and why automation is the secret to faster, error-free onboarding.

Bonus: It walks you through the full onboarding workflow, clarifying what needs to happen at every stage, who owns which part of the process, and how to integrate compliance and documentation seamlessly. You’ll also discover how automation tools can drastically reduce onboarding time and improve visibility across teams.

👉 Read the full article on Vendor Onboarding to learn how to set up a standardized, scalable process that minimizes risk, ensures compliance, and helps your projects kick off faster and smoother every single time.

Vendor Risk Management: How to Identify and Control Third-Party Risks

Managing third-party vendors doesn’t have to feel overwhelming or reactive. With the right Vendor Risk Management (VRM) strategy, you can stay ahead of potential issues long before they impact your operations, compliance or reputation. This guide walks you through the essential components of an effective VRM framework, from understanding the major categories of vendor risk to building a structured assessment process and implementing strong, proactive mitigation strategies.

You’ll learn how to evaluate vendors more accurately, reduce blind spots, monitor risk signals continuously and strengthen your overall third-party ecosystem. Plus, this guide highlights how modern automation and visibility tools can streamline your workflows, ensure consistent compliance and help your teams collaborate more confidently.

👉 Read the full article on Vendor Risk Management to discover how to protect your organisation from third-party threats.