BOCA RATON, Fla., April 26, 2017 /PRNewswire/ -- DCR Workforce (DCR), a leading Vendor Management System (VMS) provider for extended workforce and service procurement solutions, is a Leader in all categories of services procurement according to "The Forrester Wave™: Services Procurement, Q1 2017" report by Forrester Research, Inc., an industry-leading global research organization. Forrester used a 40-criteria process to evaluate the eight most significant services procurement vendors, including DCR's services procurement solution, Smart Track, to show how each provider measures up in three high-level categories: current offering, product strategy and market presence.
The report states: "It [Smart Track] has excellent support for contingent worker presentment and onboarding/offboarding, compliance management for freelance workers, and services provider supplier performance. It now has one of the most capable solutions for SOW [Statement of Work] services…"
Global spending on services procurement solutions (primarily SaaS subscription fees) was estimated at more than $500 million in 2016, with an anticipated increase to $700 million by 2018, according to the Wave report.
"Services procurement is a complex, interactive process with many changing variables," said Ammu Warrier, DCR's President and Co-founder. "Smart Track is an innovative and practical solution to an organization's extended workforce management needs, including services procurement, and we're thrilled to be recognized as a leader in service procurement providers by Forrester. We consider DCR's inclusion in the Forrester's Wave report and our being named a leader as confirmation that DCR delivers an innovative platform and a simple solution for complex procurement needs."
In this evaluation, Smart Track VMS received its top scores for technology, globalization, integration, financial resources to pursue strategy and functionality: (contingent workers and freelance workers), and was also given the highest score among competitors in the functionality: project-based/SOW services and business/outsourcing services criteria.
For information or a demo of Smart Track's extended workforce and services procurement solution, call 1-888-DCR-4VMS or email firstname.lastname@example.org.
About DCR Workforce
DCR is a leading provider of extended workforce management and services procurement solutions. Smart Track is our extended workforce and services procurement solution, based on agile, innovative and adaptive technology.
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SOURCE DCR Workforce