The Staffing Industry Analysts, in its 2013 Contingent Buyer Survey for North America, found some interesting results regarding VMS (Vendor Management Systems) and MSP (Managed Service Providers) trends.
Based on a three-year moving average, 66 percent of respondents noted that they use a VMS and 60 percent noted that they use a MSP. While the percentage of respondents indicated the use of VMS and MSP has plateaued over the last few years, the amount of spend in the market continues to grow. In the U.S., the average amount of spend per client is increasing. This growth in spend is attributed to companies discovering that the long-term financial and operation value in the management of agency contractors can also be extended to Statement of Work (SOW) projects and 1099s. The trend towards enterprise-wide management of contingent workers is also resulting in an increase of multi-national programs, also driving more spend in this market.