The Importance of Strong Integration between VMS and ERP Systems for Human Capital Management
All services procurement Vendor Management System (VMS) suppliers promise smooth and comprehensive integration with prospective clients’ Enterprise Resource Planning (ERP) platforms. Yet too often, an organization implements a VMS solution only to discover significant shortcomings in the integration, yielding exposure to risks in such areas as regulatory compliance, cost avoidance, governance and overall program performance.
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All services procurement Vendor Management System (VMS) suppliers promise smooth and comprehensive integration with prospective clients’ Enterprise Resource Planning (ERP) platforms. Yet too often, an organization implements a VMS solution only to discover significant shortcomings in the integration, yielding exposure to risks in such areas as regulatory compliance, cost avoidance, governance and overall program performance.