Fieldglass

The Fieldglass company with head office in Chicago (Illinois, the USA) and the state in 350 employees is known for the cloud solution which is used in more than 100 countries of the world and is translated into 16 languages. According to Staffing Industry Analysts, Fieldglass company — the leader in the market of VMS solutions on amount of money and world presence. The companies, such as GlaxoSmithKline, Johnson & Johnson, Monsanto and Rio Tinto, use the solution Fieldglass for ensuring transparency of expenses on complex services, advanced trainings of personnel, more careful observance of corporate and external regulatory requirements and efficiency evaluation of the program of attraction of a contracted manpower.

Also Fieldglass was mentioned by company Forrester Research, Inc. in the report "The Forrester Wave™: VMS, 1 quarter 2014" as the supplier of the VMS solution who received the highest assessment for functionality of management of contract personnel / vendor managements (CWM/VMS) and presence in the market. In 2013 the Fieldglass company celebrated the eighth year of successful work, having increased the number of users in the world market by two million. The main investor of the company — Madison Dearborn Partners, the private investment firm located in Chicago.

2014: SAP AG buys Fieldglass

On March 26, 2014 the SAP AG company announced intention to purchase Fieldglass company, the supplier of technological solutions for hiring and management of contract personnel.

The cloud vendor management system (VMS) from Fieldglass company satisfies requirement of employers for management of flexible labor power which can be attracted quickly in the conditions of quickly changing business and customer needs. In combination with solutions for purchases of services and business network from Ariba company and experience of SuccessFactors company it is acquisition gives to SAP a unique opportunity to create the corporate platform of management of all employees — both contract, and permanent — from personnel recruitment and employment before career development, management by results, deduction and retirement.

The amount of the market of the contract labor services rendered under the agreement are estimated at 3.3 trillion US dollars, and analytical companies predict high rates of its growth. More and more companies pass to the flexible operational models allowing to develop and displace quickly infrastructure quickly to manage staff of talented and experienced employees, reacting to changes in dynamics of the market, satisfying specific business needs or executing special projects. According to the research Ardent Partners, in the next three years growth of number of contract employees almost by 30% is expected.

The combination of the VMS solution of Fieldglass company and technologies of SAP company leading in the market will allow to transform personnel management, applying flexible and comprehensive approach to management of all labor power and all lifecycle and being beyond thereby traditional accounting of personnel which is now used in the majority of systems. Together SAP and Fieldglass companies will create the innovation methods of selection of the necessary people on the right places in due time and will give to the organizations software solutions, tools for joint work and network, necessary for involvement of permanent and contract employees literally on the run.