Magnit specializes in streamlining your contingent workforce with advanced vendor management system (VMS) staffing software. Magnit VMS heightens your business with its robust key benefits and capabilities in addition to being structured for your industry.
Client Benefits
Magnit's Vendor Management System (VMS) leads the charge with a configurable, compatible and robust cloud-based SaaS solution to manage the end-to-end, procure to pay, workflow of the contingent workforce.
100% Program Optimization
Simply and intuitively manage your entire contingent workforce and worker lifecycles through one IWM Platform. Improved on/off boarding, efficiencies, reduction in time to fill, and extensive integrations capabilities.
Up to 9% Annual
Cost Savings
Drive savings with cutting-edge, AI-driven features. Manage bill rates and benchmarks with the largest contingent workforce data set. Optimize sourcing channels, rate savings, access to data, OT/DT, and reduction in tail spend.
90%+ Enhanced Visibility
Gain insights across the complete contingent workforce lifecycle from a single source of truth. Access to #1 in the industry, award winning staffing data, visibility, and insights.
SIA Ranks Magnit the Outright VMS Market Leader in 2022 Report
Magnit’s VMS achieved the top “Best Imaginable/Full Configurable” designation across all seven report categories.
Named Market Leader in Solution Strength in Ardent Partners VMS Technology Advisor Report
Magnit's VMS tool ranked highest in the “Solution Strength” category, which includes requisition management, candidate recruitment management, services procurement support, talent pool curation and direct sourcing, mobility, and analytics and reporting.
Recognized as a Leader in Everest Peak Matrix VMS Report
Magnit's VMS scored the highest for overall value and was recognized as a leader for “Vision and Capability” (which includes strategy, technology capability, differentiating capability, UI/UX, etc.) in Everest’s Peak Matrix VMS Report.
Optimize your Workforce Management Program with the Industry’s Leading VMS
User Experience
Intuitive, consumerized user experience for enhanced, configurable, easy to use solution.
- Branded UI
- Intuitive UX
- Tailored experience for clients, suppliers, and workers
- Task-based roles & permissions
Omni-Channel
Seamlessly access Magnit VMS across devices through our web-based experience or native mobile app.
- Multi-tenant SaaS application
- Speed & flexibility
- Enterprise-ready platform
- Personalized, user centered UI
Security & Compliance
Industry-leading security certifications with a focus on data security and threat detection to mitigate zero-day events.
- In-region data hosting options with Bring Your Own Key (BYOK) risk mitigation
- Independently audited security certifications, including:
- SOC 1 Type II, SOC2 Type II, CSA Star Level 2, Privacy Shield (EU and Swiss), ISO 27001:2013, 27701:2019, 27017:2015, 27018:2014 (US & EU)
Integrations
Robust, flexible integrations platform with best-in-class Magnit IO.
- Flexibility via configuration
- 1800+ integrations and counting
- Magnit’s VMS seamlessly connects as an extension of your business
- Standard inbound & outbound APIs
- Open architecture
Analytics & Dashboards
Advanced BI dashboards with detailed real-time analytics for ability to view critical staffing and recruitment data for your company requirements.
- Executive persona-based dashboards
- Full enterprise visibility
- Performance metrics and predictive analytics
- Access data from multiple channels
Implementation & Support
Our systematic approach to implementation focuses on consultative structure with advanced methodology & processes.
- Planning/Discovery-Design-Build/Validate-Deployment-Stabilize
- Consultative approach, understanding big picture and optimal design
- Staffing industry experts with 900+ implementations and 20+ years' experience
- Proven VMS supplier methodology
- Governance & change management
- Channels to support via help desk, knowledge base, whitepapers
Extended Visibility for Your Workforce
Finance
Optimize spending with reduced staffing program costs, and increase retention while minimizing business disruption.
Procurement
Access 360-degree global insights on key hiring intelligence to source top talent at scale.
HR
Gain control over candidate recruitment quality while elevating the candidate experience and increasing time to hire.
The Magnit Vendor Management System Advantage
30+
Years of Market Leadership
1,800+
Integrations
600+
Global Customers