Matrix has been named a Major Contender in Everest Group’s 2026 Vendor Management System PEAK Matrix® Assessment across both Global and EMEA markets, recognising the vendor management capability of Matrix Prism, our proprietary workforce management platform.

The recognition reflects the continued development of Matrix Prism and its role in helping organisations manage increasingly complex workforce ecosystems with greater visibility, control and confidence.

For HR, procurement, finance and workforce leaders, vendor management technology is no longer only about administering contingent labour. Organisations are looking for clearer oversight of how work is sourced, governed, delivered and measured across temporary workers, permanent talent, suppliers, consultants and outcome-based project teams. Matrix Prism has been built to support that shift.

Recognised across Global and EMEA markets

Everest Group’s Vendor Management System PEAK Matrix® Assessment is a data-driven evaluation of VMS providers across market impact, vision and capability.

The 2026 assessment examines the evolving role of VMS technology in supporting end-to-end contingent workforce management, services procurement, independent contractor management, compliance, automation and integration.

Neil Jones, CEO of Matrix, said:

“Being named a Major Contender across both Global and EMEA markets reflects the trajectory Matrix is on. We are not standing still, and the market can see it.”

“What motivates us most is staying ahead of where our clients are heading rather than catching up to where they have been. The pace of change in how organisations get work done is only accelerating, and our commitment is to keep developing Matrix Prism so it continues to lead, not follow. That is the standard we hold ourselves to.”

Why modern VMS platforms need to do more

The way organisations access work is becoming more complex. Many employers now manage contingent workers, permanent hiring, services procurement, supplier-led delivery and outcome-based projects through different systems, processes and teams.

That can make it harder to understand where workforce spend is going, where risk is concentrated, how suppliers are performing and how effectively work is being delivered.

A modern vendor management system needs to do more than digitise administration. It needs to connect workforce data, supplier activity, compliance processes and reporting in a way that helps organisations make better decisions across the full picture of work – that is where Matrix Prism plays a central role.

Matrix Prism powers the vendor management capability behind Matrix Workforce, helping organisations manage contingent and flexible workers with stronger compliance, supplier visibility and cost control.

It also powers the services procurement capability behind Matrix Milestone, enabling organisations to manage outcome-based work, supplier engagement and project delivery through more structured and compliant routes.

Suzi Smith, Managing Director of Matrix Workforce and Matrix Milestone, said:

“This recognition matters because it reflects what we see on the ground every day. The questions clients bring us have changed: they want to understand where their spend is really going, where risk is concentrated, and how different routes to talent and services can work together as one picture rather than separate problems.”

“Meeting those questions takes more than good technology. It takes the capability of Matrix Prism working alongside teams who know how to turn that visibility into better decisions. The momentum Neil describes is something our clients feel directly – the platform keeps getting sharper, and the conversations we can have because of it keep getting more valuable.”

“What motivates us most is staying ahead of where our clients are heading rather than catching up to where they have been. The pace of change in how organisations get work done is only accelerating, and our commitment is to keep developing Matrix Prism so it continues to lead, not follow. That is the standard we hold ourselves to.”

Supporting total workforce visibility

Matrix supports organisations across the public and private sectors, helping them find, manage and retain the talent they need. Through our suite of Matrix solutions, we support key stages of the workforce lifecycle, including workforce management, services procurement, talent pools, background screening, payroll and umbrella solutions.

Each Matrix solution delivers value as a standalone service. When connected through Matrix Prism, they create a more joined-up workforce experience, giving organisations greater visibility across the different ways work gets done.

Matrix’s recognition as a Major Contender in Everest Group’s 2026 Vendor Management System PEAK Matrix® Assessment strengthens its position as a workforce technology and solutions partner, and reflects the continued momentum behind Matrix Prism as the VMS market continues to evolve.

“This recognition matters because it reflects what we see on the ground every day. The questions clients bring us have changed: they want to understand where their spend is really going, where risk is concentrated, and how different routes to talent and services can work together as one picture rather than separate problems.”

Everest Group disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.