Independent Research Firm Names Fieldglass a Leader in Services Procurement Evaluation

CHICAGO, Sept. 30 /PRNewswire/ -- Fieldglass, Inc., the leading technology provider to procure and manage contingent labor and services, was named a "leader" with the highest score for installed base for both contingent labor and project-based/Statement of Work (SOW) services by The Forrester Wave™: Services Procurement, Q3 2010 (September 2010). Forrester Research, Inc. also gave Fieldglass the highest score for return on investment (ROI).

"In 2009 more companies selected Fieldglass than any other VMS solution," said Jai Shekhawat, CEO, Fieldglass. "We have continued this pace, adding more than 30 new customers so far this year, while still retaining many long-time customers who have re-evaluated the market and chosen Fieldglass for nearly a decade."

Forrester Research ranked Fieldglass highest for contingent workforce functionality. The report cites the company for its "rock solid VMS ...Fieldglass scored high across the board in core VMS capabilities like alert management, compliance, invoice flexibility, and rules-based categorization. Fieldglass also scored high relative to the competition in reporting and business intelligence — including a number of predefined performance metrics available out of the box." The report credits the Fieldglass solution for its "strong architecture and integration capabilities."

Fieldglass continues to see the existing industry trend of mega programs, or those that are large and complex in terms of geography, business units and spend categories. The report states, "Fieldglass is a good option for large, complex programs specific to contingent labor — especially where multiple managed service providers (MSPs) are involved."

Forrester extensively evaluated 11 companies in total for this report. The full research report is only available to Forrester Research clients.

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.

SOURCE Fieldglass, Inc.