A VMS fee is a Vehicle License and Registration Fee, which is payable when registering a vehicle for the first time. This fee is charged by the state or local governments in order to fund programs related to vehicle license plates, vehicle registration, and other related administrative services. Answer:
VMS (Vendor Management System) fees refer to the costs associated with the implementation and use of a vendor management system. These fees are typically paid to the vendor management software provider and are used to cover marketing, development, support costs, and other expenses associated with managing third-party vendors. Additionally, VMS fees may also include consulting services for assistance with implementation and adoption of the system.