---
title: How Utilizing a VMS Can Reduce Time-to-Hire
description: Looking to fill vacant positions quickly? A vendor management system (VMS) might be the right option! See how using one can find candidates in less time.
---

[Vendor Management Best Practices | VMS Resource Library](https://info.simplevms.com/library)

# [How Utilizing a VMS Can Reduce Time-to-Hire](https://info.simplevms.com/library/how-utilizing-a-vms-can-reduce-time-to-hire)

 Written by [SimpleVMS](https://info.simplevms.com/library/author/simplevms) | Nov 7, 2022, 4:11:25 PM

In many cases, growing your workforce quickly is challenging. Even if you have multiple vendors at your disposal, exploring all of your options is a cumbersome process if you don’t use the right approach. Contacting each supplier individually requires a significant amount of time. Plus, there’s no guarantee you’ll ultimately connect with the best candidate right away, especially if you’re not reaching out to every vendor simultaneously.

Fortunately, there is a solution. By utilizing a vendor management system (VMS), you can get quality candidates in less time, reducing your time-to-hire. Here’s a look at how VMS technology can speed up your hiring process.

## How a VMS Can Reduce Your Time-to-Hire

When you need to find the best vendor and candidate to fill a vacant position quickly, [a VMS creates opportunities](https://info.simplevms.com/library/the-value-that-comes-with-using-a-vms-for-your-organization) to increase efficiency. A VMS is a software solution that centralizes your vendor management and recruitment efforts in several ways.

First, it allows companies to notify vendors of a hiring need quickly, distributing job details to all selected providers at once if that’s preferred. This eliminates the need for repeated notifications about vacancies, which shortens the overall timeline.

Second, a VMS can track resume or application submissions received from vendors. This centralizes the screening process for your company, allowing you to rapidly review the recommended candidates and, if a suitable job seeker is identified, move forward with hiring right away.

Third, a VMS gives you the ability to identify rehireable candidates previously supplied by vendors for short-term assignments who could meet this new need. Essentially, this could create a quick-hire talent pool that’s ready for tapping, leading to higher-quality candidates in less time.

Fourth, a VMS makes it easier to [review vendor performance](https://info.simplevms.com/library/how-to-strive-to-improve-communication-with-your-vendors). Your company can compare success rates, hiring timelines, costs, and other factors that cause some suppliers to stand out from others. When speed is a priority, hiring process dropout rates and retention metrics are explorable, allowing companies to determine which staffing resources are most likely to produce successful hires and employees.

Finally, with a VMS, you can compare vendor costs from a centralized platform. You can ensure you’re aligning your choices with your overall budget, all without sacrificing quality or speed.

## Choosing the Right VMS for Your Company

When you need to reduce your time-to-hire, choosing the right VMS solution for your company is essential. Selecting an option that features leading technology with a high degree of end-user simplicity is often ideal, ensuring you can get as much as possible from the system as possible.

With the best VMS solutions, you get a reliable platform that can expedite your hiring. Plus, the right VMS can provide you with additional benefits, including increased cost-efficiency, better visibility into your contingent workforce, and more.

## Want to Learn More About How to Reduce Your Time-to-Hire?

At SimpleVMS, we offer streamlined, cost-effective, top-tier solutions designed with your needs in mind, ensuring contingent workforce management is straightforward and reducing your time-to-hire. Plus, it makes tracking payroll, comparing vendors, and monitoring efficiency a breeze. See [how SimpleVMS can help your organization](https://simplevms.com/why-simplevms/) today and beyond.

[View full post](https://info.simplevms.com/library/how-utilizing-a-vms-can-reduce-time-to-hire)

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