Fieldglass-Sponsored Aberdeen Research Report Finds Best-in-Class Companies Use Vendor Managed System (VMS) Technology to Achieve Tangible Results

CHICAGO, July 12 /PRNewswire/ -- Fieldglass, Inc., the leading technology provider to procure and manage contingent labor and services, today announces the availability of a new report by the Aberdeen Group identifying labor management trends and best practices. Fieldglass is offering the report, titled "Contingent Labor Management: Strategies for Managing the Complexities of the Contingent Labor Umbrella," free of charge for a limited time here.

The study identified several tactics and strategies shared by "best-in-class" companies to drive maximum value from their contingent workforce programs. Aberdeen found that 63 percent of those that achieved the best-in-class designation (top 20 percent of performers) utilize VMS technology to manage increasingly complex labor programs.

"With nearly 20 percent of the average company's workforce considered contingent labor, it is more important than ever to fully manage the many complexities with each sub-set of contingent labor, such as independent contractors, Statement of Work (SOW) labor, services and 'classic' temporary labor," said Christopher Dwyer, research analyst, Aberdeen. "Utilizing best-of-breed VMS technology allows companies to maintain spend visibility, drive compliance, achieve cost savings and attain superior performance."

The best-in-class companies identified in the research findings reported a variety of results that have a direct impact on business goals and the bottom line. Best-in-class companies:

• have a 76 percent higher cost savings on contingent labor spending
• are nearly 75 percent more likely to regularly track contingent worker quality
• are 25 percent more compliant to federal/state/regulatory labor and tax policies

Those interested in learning more about contingent labor management trends can access a complimentary copy of the full report here.

ABOUT FIELDGLASS, INC.

Fieldglass, Inc. provides the leading SaaS platform to procure and manage contingent workers, services such as Statement of Work projects, independent contractors, and specialized talent pools. The highly-configurable product suite provides transparency into the entire workforce and helps companies optimize program performance and make more strategic labor decisions.

Backed by proven experience and the industry's largest customer base, Fieldglass serves Global 2000 firms in nearly 70 countries. Customers such as Johnson & Johnson, Monsanto, salesforce.com and GlaxoSmithKline realize greater efficiencies, control spend, improve quality and enforce compliance. For more information, visit www.fieldglass.com.

ABOUT ABERDEEN GROUP, A HARTE-HANKS COMPANY

Aberdeen provides fact-based research and market intelligence that delivers demonstrable results. Having queried more than 30,000 companies in the past two years, Aberdeen is positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions. Learn more about Aberdeen Group: www.aberdeen.com.

SOURCE Fieldglass, Inc.