SolutionMap Temp Staffing Content

SolutionMap: 58 Procurement Software Companies Ranked (Q4 2018 Update)

Spend Matters today released its Q4 2018 SolutionMap, ranking 58 procurement software companies across 12 solution categories, including E-Procurement, Sourcing, Spend Analytics, Supplier Relationship Management and Contract Lifecycle Management — and we're adding Coupa, Wax Digital and other new providers to the SolutionMap ranks. Click on this article to see how to access rankings for free!

Q4 2018 SolutionMap Release Notes: Contingent Workforce & Services (CW/S) Enterprise Technology Solutions — Temp Staffing, Contract Services/Statement of Work (SOW), Independent Contract Workers (ICW)

Q4 2018 marks the second research cycle for Spend Matters’ Contingent Workforce & Services (CW/S) “enterprise technology” SolutionMap, the sourcing and management of three underlying spend categories: Temp Staffing, Contract Services/Statement of Work and Independent Contract Workers (ICW).

The providers in the Q4 2018 CW/S SolutionMap include Beeline, Coupa-DCR Workforce, Field Nation, Shortlist, SirionLabs, TalentNet, Talmix, TalonFMS, Upwork Enterprise, Vndly and WorkMarket (ADP).

Given Spend Matters’ procurement orientation, we evaluate “enterprise technology” vendors within a source-to-pay (S2P) reference model. In other words, we look at vendors in terms of their capabilities that address some or all enterprise requirements that arise within an S2P lifecycle (i.e., from supplier sourcing to worker or supplier payment).

In this second CW/S research cycle, there was again limited participation in the Temp Staffing and Contract Services/SOW SolutionMap categories. However, a good number of key vendors have expressed interest in participating in upcoming cycles.

There continues to be vibrant interest in participation by vendors in the emergent Independent Contract Workers (ICW) SolutionMap category. There are two new participants, Shortlist and Talmix, in Q4, and there are several other vendors interested in participating in upcoming cycles.

We have gathered extensive business profile information, received well over 30 client reference surveys and have assigned scores to specific solution capabilities (RFI line items) ranging from well over 100 to about 300, depending upon how many SolutionMap categories a particular vendor participated in.

Beeline: What Makes It Great (Temporary Staffing/VMS SolutionMap Analysis)

Editor’s note: This “What Makes It Great” column is normally reserved for SolutionMap Insider Subscribers, but Beeline has graciously agreed to unlock this piece for readers who are not yet members.

The contingent workforce and services technology market consists of three main segments: temporary staffing, which represents the classic vendor management system (VMS) market; independent contract workers (ICW), which includes technology for managing freelance resources; and contracted services/statement of work (SOW). Of the three, temporary staffing has historically attracted the majority of CW/S technology spend, and in these solution selections, Beeline has long been a familiar face whenever a VMS or VMS/MSP is up for consideration, both in North America and globally — especially in scenarios where technology is an essential consideration to the buyer.

As of Q3 2018, Spend Matters SolutionMap contains more than 1,250 functional and customer satisfaction benchmarks encompassing more than 50 procurement software companies. In our first SolutionMap release for contingent workforce and services procurement, nine providers participated in our rigorous evaluation and rating process. Among these nine, Beeline, aside from having significant critical mass, is also the last independent provider remaining in the sector that is not part of a larger source-to-pay (S2P) or ERP parent. So as the last independent solution standing, how does Beeline stack up to its peers? Where does it stand out most, how does it help “set the bar” and why should this matter for procurement and HR organizations?

Join us in exploring what makes Beeline great, based on the latest functional and customer SolutionMap benchmarks from Q3 2018.

“What Makes It Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief offers quick facts on the provider, describes where it excels, provides hard data on where it beats the SolutionMap benchmark and concludes with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider it.

Q3 2018 SolutionMap Release Notes: Contingent Workforce & Services (CW/S) Enterprise Technology Solutions — Temp Staffing, Contract Services/Statement of Work (SOW), Independent Contract Workers (ICW)

Q3 2018 marks the very first research cycle and the inaugural publication of Spend Matters’ Contingent Workforce & Services (CW/S) “enterprise technology” SolutionMap, addressing the sourcing and management of three underlying categories: Temp Staffing, Contract Services/Statement of Work and Independent Contract Workers (ICW).

The providers in the Q3 2018 CW/S SolutionMap include: Beeline, DCR Workforce, Field Nation, SirionLabs, TalentNet, TalonFMS, Upwork Enterprise, Vndly, and WorkMarket (ADP).

Given our procurement orientation, we evaluate “enterprise technology” vendors within a source-to-pay (S2P) reference model. In other words, we look at vendors in terms of their (specifically focused or more comprehensive) capabilities that address some or all enterprise requirements that arise within a S2P life-cycle (i.e., from supplier sourcing to worker or supplier payment).

In this first CW/S research cycle, there was limited participation in the Temp Staffing and Contract Services/SOW SolutionMap categories, where we encountered conservatism and uncertainty among many of the “established” vendors. However, there was — and continues to be — a much more vibrant interest in participation by vendors in the emergent Independent Contract Workers (ICW) SolutionMap category.

Over time, we hope that more “established” players will participate in and draw benefit from the SolutionMap process. In the meantime, just getting out of the gate, we have gathered extensive business profile information, received well over 30 client reference surveys and have assigned scores to specific solution capabilities (RFI line items) ranging from well over 100 to about 300, depending upon how many SolutionMap categories a particular vendor participated in.