Workday VNDLY Named a Leader and Star Performer in Everest Group’s Vendor Management System (VMS) PEAK Matrix® Assessment 2024

The contingent workforce continues to grow, and with it comes a need for technology that streamlines management of these workers from acquisition to offboarding, and that can help organizations address their evolving workforce and talent strategy approach. 

As vendor management systems (VMS) continue to innovate and simplify managing the contingent workforce, Everest Group’s Vendor Management System (VMS) PEAK Matrix® Assessment 2024 has become a foundational industry benchmark.

By establishing the core competencies of a VMS and identifying leading technology in the field of extended workforce management, Everest Group’s PEAK Matrix® looks not only at the current state of VMS solutions, but also the future. Focusing on everything from vision and strategy to support, the report narrows in on where the brightest lights shine in the industry.

A Repeat Leader in the VMS Space

As we celebrate being named a Leader and Star Performer in 2024, Workday VNDLY continues to lead the VMS industry. The placement of Workday VNDLY in this year’s report is a result of our ongoing commitment to our product vision as we set the standard for helping companies move forever forward.

Our dedication to innovation and customer satisfaction drives us to constantly improve and adapt to the evolving needs of the workforce. We understand the importance of providing a platform that not only meets the current demands of a global contingent workforce program, but also has the flexibility to grow and evolve alongside the organization. 

We’ve built a platform that can adjust with a global contingent workforce program as it grows and flourishes, and prepares for a changing workforce landscape. As that evolution continues, Workday VNDLY is dedicated to being a trusted partner in providing cutting-edge technology and support for global organizations looking to optimize their contingent workforce strategies.

This aligns closely with the Everest Group’s Vendor Management System (VMS) PEAK Matrix® assessment, which examines both vision and strategy and market impact to determine placement. Our growth in the global market and our commitment to providing a VMS that connects seamlessly with HCM and financial software will not stop here as we continue to transform the future of VMS.

Moving Forward in Contingent Workforce Management 

By leveraging the latest technology and industry best practices, Workday VNDLY is committed to providing innovative ways to benefit both businesses and workers. We’re gratified that the Everest Group’s PEAK Matrix® assessment recognizes our continuous improvement and innovation. Since the 2023 report, we’ve improved in both assessment categories, and we won’t rest on our laurels. We’ll strive to continue to exceed customer expectations and the industry at large.

Read the full “Vendor Management System (VMS) PEAK Matrix® Assessment 2024” report to learn more.