Fieldglass Tops the Vendor Management System (VMS) Industry for Fifth Consecutive Year
Company Outpaces its Competition in Size and Scope
SAP Fieldglass, the leading technology provider to procure and manage contingent labor and services, has the highest annual flexible workforce spend under management and widest global footprint of any Vendor Management System (VMS) provider, according to Staffing Industry Analysts’ 2013 VMS and MSP Supplier Competitive Landscape.
Fieldglass’ market share continues to grow. The company’s spend accounts for 31 percent of the total market, up from 20 percent in 2011. In addition, Fieldglass has the most programs in all spend categories between $10 million and $300+ million, demonstrating its ability to provide value to a wide range of contingent workforce programs.
The gap between providers widens, both in spend and geography. Fieldglass has more in spend under management than its nearest competitor. The company also continues to gain market share outside of the United States, especially as its global capabilities, such as its ability to manage complex rates and regulatory requirements, has enabled Fieldglass to meet the unique needs of a global customer base. Fieldglass leads the industry in VMS programs in North America, South America, Eastern Europe and Asia-Pacific, and has the most programs in Western Europe of any US-based provider.
Organizations are becoming more sophisticated in their management of services categories. In addition to both total and temporary labor spend, Fieldglass has the highest Statement of Work (SOW) spend in the industry. As such, the company has evolved its technology to enable better services management, as customers move from simply incorporating this spend into VMS programs to becoming mature, strategic users of SOWs.
Staffing Industry Analysts’ VMS and MSP Supplier Competitive Landscape is the industry’s most comprehensive research report.
SAP Fieldglass, a longstanding leader in external talent management and services procurement, is used by organizations around the world to find, engage and manage all types of flexible resources. Our cloud-based, open platform has been deployed in more than 180 countries and helps companies transform how work gets done, increase operational agility and accelerate business outcomes in the digital economy. Backed by the resources of SAP, our customers benefit from a roadmap driven by a continuous investment in innovation.