Eqip VMS: Vendor Analysis — Contingent workforce solution overview, competitors/market analysis, tech selection tips, analyst summary

This Spend Matters PRO Vendor Analysis provides a vendor analysis of Eqip VMS with a detailed solution overview, a market/competitor analysis, tech selection tips and an analyst summary with strengths/weaknesses and recommendations.

Eqip VMS was founded by IT-Suppliers AG, a Swiss company headquartered in Zurich. Its main focus is to quickly deliver candidates, even when they are difficult to find. Its marketplace is a cornerstone in its offering.

Eqip was developed by seasoned procurement professionals with backgrounds in workforce and services procurement in the world’s largest financial institutions. It offers both a source-to-contract and a source-to-pay process. Its workforce solution for enterprises covers the complete source-to-retire cycle. Eqip is an interesting marketplace with VMS capabilities for larger enterprises with complex international workforce situations, but it also offers a light package for smaller enterprises.

Here’s why Eqip matters:

• To the market — Eqip wants to differentiate itself in the market by its unique integration of VMS technology, its digital MSP backbone, and its own B2B marketplace with over 8,000 suppliers and over 1 million workforce. The marketplace can be used in parallel to the client’s standard sourcing channels. Its focus is on covering the full end-to-end process through its web/mobile-UI.
• To customers — The primary customers for Eqip’s vendor management solution are European companies, but there is an increased focus on the US too. It has several large clients. Some of the major clients endorsed the ease of use for the business community, as well as flexibility and support of Eqip.
• To potential buyers — If your organization needs a solution to manage and control (international) total spend for your contingent workforce, this article details what Eqip’s platform could mean for your organization. The company has an SME and an Enterprise offering available. Both are analyzed in this report.

This Spend Matters PRO Vendor Analysis gives an overview of the vendor’s capabilities, its competitors, provides tech selection tips and closes with key analyst takeaways.