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Connected VMS capability for the contingent workforce lifecycle

Matrix Prism® connects the key stages of contingent workforce management in one platform. It helps teams manage supplier engagement, approvals, onboarding, reporting, timesheets, invoices and spend visibility with fewer manual processes and clearer oversight.

Whether used as standalone SaaS technology or as part of a wider Matrix Workforce service model, Matrix Prism® gives organisations a more agile way to manage contingent workforce activity and stay responsive to local buyer needs.

  • Manage supplier engagement, approvals and onboarding through connected workflows
  • Improve visibility across workforce activity, demand, spend and reporting
  • Support benchmarking, rate control and supplier performance decisions
  • Strengthen auditability across approvals, timesheets, invoices and workforce activity
  • Reduce manual administration and disconnected processes
  • Support the full contingent workforce lifecycle in one platform

A Vendor Management System designed for real workforce outcomes

A Vendor Management System should do more than process requests and track suppliers. It should help organisations make better workforce decisions, reduce friction and improve control across complex contingent workforce programmes.

Through Matrix Prism®, Matrix Workforce delivers connected VMS capability built around practical workforce outcomes, agile configuration and the real needs of local buyers.

Built around contingent workforce reality

Flexible configuration through Matrix Prism®

Clearer insight for better decisions

Stronger supplier governance

Greater cost and audit control

Backed by workforce expertise

Helping organisations improve workforce visibility and operational control

“Matrix has given us the visibility and reporting we need to better understand our contingent workforce spend, supplier activity and demand patterns. As a technology-only, VMS customer, the platform supports our ability to make more informed decisions, strengthen control and identify opportunities to manage spend more effectively.

The Matrix team is also a valuable partner when we need advice or guidance. Even without a managed service wrap, we know we can access insight and support that helps us get more value from the platform and continue improving how we manage our temporary workforce.”

Cherie Waterman, Agency Resourcing Manager
Royal Borough of Greenwich
vendor management systems client - Greenwich Park overlooking the historic buildings with skyscrapers of Canary Wharf in the background, under a blue sky.

Why our customers choose Matrix Prism® instead of a legacy VMS

Many legacy Vendor Management Systems are rigid, slow to change and built around fixed workflows that can quickly fall out of step with operational reality.

Matrix Prism® is designed to be more agile. Its low-code, no-code configuration supports faster deployment, easier adaptation and quicker development of new functionality, helping organisations keep their workforce technology relevant as local buyer needs evolve.

  • Agile configuration around local buyer and workforce requirements
  • Flexible deployment for standalone SaaS or managed service models
  • Low-code, no-code capability to support faster functional development
  • Better visibility across demand, spend, suppliers, approvals and reporting
  • Workforce technology built by industry experts, not detached from operational delivery
  • Built by workforce experts and continually optimised for the real-time challenges of our customers
  • Combines practical VMS capability with a user experience designed around the real people managing contingent workforce activity every day
Two digital screens display Matrix's next generation workforce platform, showing a client dash board and in the foreground showing a job and candidate order list for a fictional client called fictional facilities management.

The best fit for:

Organisations looking to improve workforce visibility, supplier governance, demand management and operational control through connected VMS capability.

  • Organisations managing multi-supplier contingent workforce environments
  • Workforce teams seeking stronger demand insight, reporting and spend visibility
  • Employers wanting scalable workforce technology without fragmented systems
  • Organisations balancing workforce agility, governance and cost control
  • Businesses wanting SaaS flexibility or connected managed workforce support
  • Teams looking for a more configurable alternative to legacy VMS platforms

May not fit:

Organisations looking for a simple recruitment agency relationship or standalone HR software without contingent workforce management requirements.

  • Businesses with no contingent or flexible workforce activity
  • Organisations seeking basic recruitment software only
  • Employers not requiring workforce governance or supplier oversight
  • Teams without operational workforce reporting, spend insight or visibility needs

Recognised, trusted and aligned to industry standards through our frameworks, partnerships and accreditations

Vendor Management System FAQs

What is a Vendor Management System (VMS)?

A Vendor Management System, or VMS, is technology used to manage contingent workforce activity through one connected platform. It can support supplier engagement, approvals, onboarding, reporting, spend visibility, timesheets, invoices and workforce governance.

What is the difference between a VMS and an MSP?

A VMS is the technology platform used to manage workforce activity and supplier processes. An MSP, or Managed Service Provider, delivers operational workforce management services around that technology. Matrix Workforce can provide Matrix Prism as standalone SaaS technology or as part of a broader managed workforce solution.

Can Matrix Prism be used as a standalone SaaS platform?

Yes. Matrix Prism can be deployed as a standalone VMS, for organisations that want in-house workforce control and operational visibility. It can also be used as part of a wider Matrix Workforce managed service model where additional operational support is needed.

How does a VMS improve workforce visibility?

A VMS improves visibility by connecting supplier activity, workforce engagement, approvals, onboarding, reporting and workforce data through one platform. This gives teams clearer oversight of contingent workforce activity, demand, spend, supplier performance and programme efficiency.

How can a VMS support demand management?

A VMS can help organisations understand workforce demand more clearly by connecting requests, approvals, fulfilment data, supplier activity and reporting. This gives teams better insight into where demand is coming from, how quickly it is being fulfilled and where changes may be needed to improve workforce planning.

How can a VMS reduce workforce costs?

Connected VMS technology can help reduce cost by improving visibility over workforce spend, supplier performance, rates, approvals and process efficiency. It can also reduce duplication, manual work, invoice errors and fragmented reporting across contingent workforce activity.

How does Matrix Prism differ from traditional VMS platforms?

Matrix Prism supports VMS capability, but it is designed around broader workforce visibility, agile configuration and operational control. Rather than focusing only on supplier transactions, it helps organisations manage the contingent workforce lifecycle through a connected workforce platform that can evolve with local buyer needs.

Is Matrix Prism suitable for multi-supplier workforce programmes?

Yes. Matrix Prism is designed to support complex contingent workforce environments involving multiple suppliers, workforce channels and operational workflows. This makes it suitable for organisations managing high-volume, multi-supplier or multi-site workforce programmes.

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