July 28, 2023

MSP vs. VMS: Contingent Staffing Solutions


Contingent staffing solutions (CSPs) have been around since the early 2000s. Originally, these solutions were designed to be used as an alternative to traditional permanent staffing methods. More recently, however, they've evolved into a set of tools that not only helps companies manage their contingent workforce but also provides them with access to skilled temporary employees that can help them navigate industry changes and unpredictable business cycles. Over the past few years, there has been an increase in demand for contingent workers—and a corresponding increase in the supply of such workers available on the market today. This reality has led many companies to turn towards VMSs and MSPs as they seek ways of managing their contingent workforce programs more effectively.

What is an MSP in Staffing?

MSPs are companies that specialize in providing contingent staffing solutions to their clients. They provide services to clients that include:

  • Recruitment
  • Payroll and tax administration
  • Benefits administration (401(k), health insurance, paid time off)
  • Onboarding and offboarding services

MSPs also provide compliance support for clients by adhering to all regulations set forth by federal agencies such as the Department of Labor or state labor laws.

Benefits of Managed Service Providers for Contingent Staffing

A managed service provider can help you manage your contingent workforce by providing a wide range of services. For example, MSPs can help you manage your contingent staffing costs and budget, which will improve your bottom line. They also provide solutions for compliance and risk mitigation within the contingent staffing industry.

By choosing an MSP that specializes in contingent staffing, you can rest easy knowing that your workforce is being managed by experts who know the industry well.

MSPs can also help you find the right contingent workers for your company. They employ a team of subject matter experts who specialize in staffing, so they can quickly fill your staffing needs with top-performing talent. Finally, MSPs assist with day-to-day operations, such as payroll processing and compliance management.

All these services will help you save time and money, which can be used to grow your business. If you’re looking for an MSP that specializes in contingent staffing, contact us today.

What is a VMS in Contingent Staffing?

A VMS is a software application that automates the process of managing vendors. A VMS can be used to manage vendors in a variety of industries, from construction to medical staffing. A good example is the 3M Company, which has used an electronic procurement system for over 20 years.

A VMS platform provides organizations with visibility into their spending and allows them to gain control over it through automated workflow processes and analytics capabilities. These systems enable companies to make informed decisions about where they want their money invested--and when they don't need something anymore (like when someone leaves), they can cancel contracts quickly so no more money goes out on that service or product line until further notice from management.

The VMS is an important tool for any organization that purchases goods and services. It can help companies control their budgets and save money by identifying where they are spending too much or too little. A good VMS will also make it easier to manage vendors and streamline the procurement process so that managers have more time to focus on other areas of their jobs

Benefits of VMS Technology for Contingent Workforce Program

VMS technology provides a more efficient way to manage the contingent workforce. This is important for many reasons, but most importantly because it allows you to manage your entire contingent workforce in one place.

With VMS software, you can:

  • Manage all aspects of your contingent staff from one location--including hiring, onboarding, scheduling, and payroll processing
  • View real-time status updates on each worker's time sheets and hours worked so that there are no surprises when it comes time for payroll processing (which saves money)
  • Easily add or remove workers as needed based on business needs rather than having to go through multiple vendors


We hope that this article has helped you understand the difference between VMS and MSP. Vendor Management Systems as well as Managed Service Providers can both help you manage your contingent workforce. The key difference is that VMS are primarily software applications, while MSPs provide a wide range of services. However, there are also some companies like Koncert that offer both VMS and MSP solutions. If you’re in need of a vendor management system or managed service provider, please contact us today.

Amber Crawford

I am honored to be the Executive Vice President of Koncert Technology Sourcing Solutions, a managed service provider offering Information Technology and Healthcare services to Fortune 500 companies. I have worked hard to make Koncert what it is today and I am proud of my accomplishments and achievements as a leader in this industry. My passion for creative problem-solving, coupled with my eye for detail, has enabled me to be successful in this role. Beyond work, I enjoy giving back to the local community through volunteering, attending live music events, and spending quality time with family.

Our Blog

Recent Articles

September 8, 2023
Winning the Talent War: Top Strategies to Attract Top IT Talent

As technology continues to evolve at an unprecedented pace, attracting top IT talent has become a critical challenge for many companies. The demand for skilled IT professionals is soaring, and companies are in fierce competition to attract the best and brightest. This blog post delves into the most effective strategies that companies can implement to […]

August 18, 2023
Embracing the Power of Contingent Workers in the Contemporary Business Landscape

In the rapidly evolving business world, enterprises of all shapes and sizes are consistently seeking ways to gain a competitive edge. One such groundbreaking strategy emerged and has revolutionized the composition of the modern workforce. This innovative approach aims to reshape and redefine the way we structure our teams. With advancements in technology and changing […]

July 28, 2023
MSP vs. VMS: Contingent Staffing Solutions

Introduction Contingent staffing solutions (CSPs) have been around since the early 2000s. Originally, these solutions were designed to be used as an alternative to traditional permanent staffing methods. More recently, however, they've evolved into a set of tools that not only helps companies manage their contingent workforce but also provides them with access to skilled […]

June 26, 2023
Understanding the Differences between Statement of Work vs. Staff Augmentation

In the realm of project management and resource allocation, two commonly used terms are "Statement of Work" (SOW) and "Staff Augmentation." Both play vital roles in project execution and staffing strategies. However, it's crucial to understand the distinctions between these two approaches to ensure efficient project planning and successful outcomes. This blog aims to shed […]

March 3, 2023
What is Contingent Workforce Management?

When companies need to expand or contract their workforce, they often turn to contingent workers. The contingent workforce is comprised of professionals who are hired on a temporary basis to complete specific projects or tasks. Contingent workers include independent contractors, part-time employees, and temporary staff. A contingent workforce can be as small as one employee […]

February 15, 2023
What are Managed IT Services?

In this article, we'll discuss what managed IT services are and how they can benefit your business. Managed IT services is a way for small businesses to outsource their technology needs. By hiring a managed service provider, you can focus on your core business instead of spending time trying to keep up with all the […]

January 12, 2023
Everything You Need to Know About MSP Staffing

Managed Service Providers, or MSPs, have become an increasingly popular option for businesses looking to outsource their staffing needs. But what are MSPs, and is this the right solution for your organization? In this article, we will define MSP staffing and discuss the benefits of working with an MSP. We'll also take a look at […]

 Contact us today to learn how 
Koncert can help you reach your goals 

Get Started
10290 Alliance Road
Cincinnati, Ohio 45242
Koncert offers the next generation IT sourcing solutions. Utilizing our passion and expertise, Koncert will Save You Time, Money and Resources. Koncert will find you the right talent NOW from interns to executives. Talent sourcing is just the beginning, we offer detailed and expansive services to help you run your business efficiently and more successfully.
© 2022 Koncert. All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram