“Customers have long been asking us for a single platform to manage all of their labor,” he said. Contingent workforce programs are expected to grow by nearly 30 percent during the next three years, according to Ardent research, yet companies still struggle to get a handle on how to effectively manage this segment of the workforce.Ĭontingent labor today represents the second largest spending category for most companies, but much of that money goes unaccounted for because they lack the systems to track and manage their contingent labor resources, according to Tim Minahan, chief marketing officer for SAP Cloud. “Now all of their talent management bases will be covered.” “Fieldglass will help them round out their total talent management offering,” Dwyer said. SAP has been on a talent management buying spree for years and, like many big enterprise resource planning providers today, it lacked a contingent labor management system. This deal is exciting - Fieldglass is the largest VMS in the marketplace in both total spending and global footprint - but it’s not surprising, said Chris D wyer, vice president of operations for research firm Ardent Partners.
The acquisition will add to SAP’s cloud-based human capital management offering, which also includes SuccessFactors’ human resources applications and Ariba Inc.’s procurement network. The software giant announced March 26 that it will acquire Fieldglass, a cloud-based vendor management system for procuring and managing contingent labor and services.
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