Vendor Management Software (VMS) is a type of software used to manage the relationship between a company and its vendors. It is designed to streamline the process of managing vendors, including tracking vendor performance, managing contracts, and monitoring vendor compliance. VMS can also be used to automate the process of selecting and onboarding vendors, as well as to manage vendor payments. VMS is used by a variety of organizations, including large corporations, government agencies, and small businesses. It is a valuable tool for companies that need to manage a large number of vendors, as it can help to reduce costs and improve efficiency. Some companies in the Vendor Management Software market include SAP, Oracle, Coupa, Beeline, and Fieldglass. Show Less Read more
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