Magnit receives highest ratings in: Time, Expense & Billing; Statement of Work; Compliance & Audit; and Mobile Enablement

FOLSOM, Calif.: #ContingentWorkforce--Magnit Global™, the global leader in contingent workforce management solutions, today announced its inclusion in Staffing Industry Analysts' (SIA) Vendor Management System (VMS) Global Landscape and Differentiators 2026 research report. Magnit achieved perfect scores of 5.00 in four of nine evaluated categories.

SIA's annual VMS Global Landscape and Differentiators report is one of the most comprehensive independent evaluations of VMS capabilities available to the market. The report’s data and analysis are based on a survey of VMS providers followed by detailed demonstrations of each platform and client assessments.

Magnit earned a perfect score of 5.00 - denoting enhanced functionality and client adoption - in the following categories:

• Time, Expense & Billing, noting Magnit's fully automated, proprietary timekeeping system with real-time pay calculations, integrated clocking, and seamless third-party integrations
• Statement of Work (SOW), noting Magnit's end-to-end SOW lifecycle management, AI-generated scopes and deliverables, in-application redlining, and competitive bidding capabilities
• Compliance & Audit, noting Magnit's AI-powered credential validation, configurable compliance rules, real-time workforce monitoring, and third-party AI auditing partnerships
• Mobile Enablement, noting the platform's native iOS and Android app, supporting SOW review, biometric authentication, receipt capture, and voice-activated AI assistance

The 2026 evaluation also discussed Magnit's year-over-year enhancements, including the expansion of its Gen-AI assistant, Maggi, which enables configurable agentic workflows, multilingual content generation, bias-tested candidate screening, AI-powered SOW drafting, and asynchronous video interviewing. The report also included the launch of Magnit Pulse™, which enables users to complete key VMS activities directly within workforce collaboration platforms, and the introduction of Magnit Gateway™, giving suppliers real-time analytics, pipeline visibility, and AI-driven competitive benchmarking.

"These results reflect the relentless pace of innovation our product and engineering teams have sustained over the past year," said Alan Gilchrest, Chief Digital & Technology Officer at Magnit Global. "We're proud to achieve perfect scores in four categories, and what matters most to us is what those scores represent: a platform that is genuinely easier to use, smarter, and more deeply integrated into how our clients and their suppliers work every day. Our scores in SIA’s research validate the direction we're heading and motivate us to push further."

Magnit has qualified for inclusion in SIA’s research report for several years. Magnit views this as reinforcement of its work to be a platform of choice for complex, global contingent workforce programs.

Magnit's VMS operates alongside its own MSP for 98% of its client programs, creating alignment that drives measurably better outcomes for clients. To learn more, visit: www.magnitglobal.com/vendor-management-system.

About Magnit Global

Magnit is a leading provider of contingent workforce management solutions, helping enterprises source, manage, and optimize their extended workforces at scale. Through its proprietary VMS, managed services, and supplier intelligence platforms, Magnit delivers unparalleled access to contingent talent, along with the visibility, compliance, and cost control that modern workforce programs demand. For more information, visit www.magnitglobal.com.

Fonte: Business Wire