Fieldglass, Inc., a leading provider of contingent workforce
management and services procurement software, today announced that
Forrester Research has issued a report identifying Fieldglass as a
provider of "one of the best services procurement products on the
market".
Fieldglass was among the select companies that Forrester invited
to participate in its Forrester Wave report, The Forrester Wave(TM):
eProcurement Solutions, Q2 2007. The report evaluated products from 14
vendors across 118 criteria and found Fieldglass to be at the top of
the pack in services procurement with a solid strategy position and
strong financials. InSite, the services procurement offering from
Fieldglass, also scored well in reporting of metrics and analytics,
supplier connectivity, integration and globalization.
InSite, delivered in Software-as-a-Service (SaaS) model, is used
by companies, including a significant number of the Fortune 500, to
manage the acquisition of all types of contingent workers and services
including consultants and offshore personnel. One of the most critical
trends in the marketplace is the tightening labor market. A unique
confluence of events including increased global competition, baby
boomer retirement rates and economic expansion are leading to tectonic
shifts in the way work gets done. Companies, especially those that
have multiple divisions with unique hiring processes and practices,
need help navigating through the potential labor market, and
Fieldglass provides a market-proven solution based on its innovative
technology and attention to execution.
"Recognition by Forrester as providing one of the best services
procurement products in the market is indeed an honor," says Jai
Shekhawat, CEO and co-founder of Fieldglass. "The services procurement
market has arrived at a new phase of business maturity characterized
by the onset of mainstream adoption. Many large companies are enjoying
the benefits of a contemporary solution for services procurement;
while a smaller group of late adopters, 25% as cited within the
report, remain poised to select a services procurement solution.
Fieldglass is well-positioned to benefit from both late adopters as
well as companies that understand the benefits of services procurement
yet are reevaluating their current technology and are searching for a
more effective solution."
For additional details on the Forrester evaluation of Fieldglass
or to download The Forrester Wave(TM): eProcurement Solutions, Q2 2007
report, go to www.fieldglass.com/wave07.
About Fieldglass
Fieldglass, a leading provider of contingent workforce management
and services procurement solutions, combines technology innovation
with industry expertise to provide business solutions for such
industries as financial services, healthcare, manufacturing,
pharmaceutical and telecommunications. Fieldglass' solutions are based
on its award-winning InSite(R) application, designed to optimize an
organization's contingent labor procurement and management process.
Fieldglass is on the web at www.fieldglass.com.
