Workday VNDLY VMS
Vendor management made easy.
Optimize contingent worker and statement of work (SOW) management. Combine our vendor management system (VMS) with Workday Human Capital Management (HCM) for an unrivaled total workforce solution.
Explore our vendor management system products.
Extended workforce management.
Optimize the end-to-end lifecycle of contingent labor management from requisition raising through offboarding.
Statement of work (SOW).
Manage SOW projects in a single system, with intuitive tools for mapping and adhering to requirements across resourcing, budgets, timelines, and more.
Worker profile management.
Quickly capture the baseline information you need to better understand—and make decisions related to—your extended workforce program.
Why Workday VNDLY VMS.
Workday VNDLY uses automation and machine learning to empower your HR, finance, and procurement teams to optimize the agility and impact of your contingent workforce.
Increase operational efficiency.
Save time and take control of your program through extensive configurability, approval workflows, full-service SOW, consolidated invoicing, vendor portal access, and more.
Gain workforce visibility.
Enable data-driven decision-making with easy access to contingent worker headcount, assignments, spend, vendor performance, and other key metrics.
Manage compliance and reduce risk.
Support compliance with the flexibility to configure and change settings in line with local requirements, while controlling data access with role-based options.
Support global needs.
Access one global instance of Workday VNDLY to centralize your program. Leverage capabilities to support local compliance, in-country invoicing, tax management, and more.
Workday VNDLY was named a Leader and a Star Performer in the VMS industry by Everest Group.
Thrive in the shifting global economy.
Contract labor use is on the rise. The Workday VNDLY VMS is a cloud-native solution designed to centralize, standardize, and optimize your contingent workforce program—supporting increased reliance on contingent workers and growing SOW needs.
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Intuitive user interface
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Global digital invoicing
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Invoice template generator
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Self-serve configurability
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Conditional custom fields creation
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Smart reporting functionality
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Robust integration
Explore industry analyst insights.
Contingent Workforce Management: the Key to an Adaptive HR Strategy
Discover how today’s workforce is shifting to include more external workers—and what that means for HR strategy across industries.
Aligning Stakeholders and Technology in Contingent Workforce Management
Learn to build a workforce management program that aligns your tech ecosystem and addresses diverse stakeholder needs.
Contingent Workforce—a Strategic Lever to Drive Resilience and Agility
Gain valuable insights into how contingent workers can power agility, flexibility, and scalability across your organization.
Support the entire worker lifecycle.
Our user-friendly VMS is designed to support the worker’s entire journey—from sourcing and onboarding, to automated invoicing, managing tenure and compliance, and through to offboarding.
Sourcing.
Fill skills gaps fast through automated job requisitions, candidate shortlists, onboarding and offboarding checklists, and configurable role approval workflows.
Onboarding/offboarding.
Replace manual tasks with automated processes in a single system of record, ensuring your compliance and security needs are consistently met.
Invoicing.
Leverage advanced invoicing capabilities, including line‑item‑level and individual off‑cycle invoicing, digital invoicing across locations, and our custom invoice template builder.
The power of Workday—multiplied.
Embrace a total workforce strategy by seamlessly combining your Workday products. Together, Workday VNDLY and Workday HCM deliver an innovative and comprehensive solution for managing all worker types—including salaried, hourly, contingent, and outsourced.
Vendor Management System FAQs
What is a contingent worker?
A contingent worker is anyone who does work on behalf of your organization, but is not a direct employee, such as a temporary worker, consultant, or freelancer.
What is the external workforce?
The external workforce refers to workers who are contracted on a temporary basis or statement of work. This includes contingent workers, as well as services procurement.
What is a vendor management system?
A vendor management system is a web-based software application that centralizes the end-to-end lifecycle management of extended workers and statement of work needs.
What key features are found in a vendor management system?
Core VMS capabilities typically include functions related to hiring, tenure management, invoicing, worker tracking, and onboarding/offboarding.
What are the benefits of using a vendor management system?
A vendor management system can help your organization manage contingent workforce cost, efficiency, quality, and risk in a single platform.
Optimize your contingent workforce.