ProcureWise Provides Next-generation VMS Platform to Expand Total Talent Management Opportunities for Staffing and Recruitment Professionals
ProcureWise, a next-generation vendor management system (VMS), today announced its launch with the support of CEIPAL, an industry-leading talent acquisition platform. ProcureWise enables staffing firms, corporations, and managed service providers (MSPs) to successfully implement total talent management (TTM) programs. The official launch was announced by ProcureWise’s CEO and Founder, Sameer Penakalapati, at the annual conference ProcureCon on October 7, 2020.
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According to Staffing Industry Analysts (SIA), more than 50% of companies are currently interested in moving toward a “total talent management” program—i.e., a labor-management program in which companies proactively engage, acquire, and manage all kinds of talent. Companies using TTM programs regularly deploy both contractors and full-time employees to meet their talent needs. In 2019, VMS platforms were the most commonly utilized solution for companies engaged in TTM.
Fully scalable and integrating with any ATS or HRIS, ProcureWise is a flexible, powerful, and user-friendly VMS that provides visibility into talent acquisition and talent management processes. Offering end-to-end solutions for external workforce management, ProcureWise helps companies clarify contingent spend and procure talent more efficiently in a productive, profitable way(CEIPAL ).
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“Worldwide, companies are investing $300 billion in a more flexible workforce, a trend driven not only by the pandemic, but also by the need to control labor costs and combat talent shortages,” said Sameer Penakalapati, CEO and Founder of ProcureWise. “By offering a leading AI-powered VMS platform like ProcureWise, we will enable our customers to make a smooth transition as the shift to meet the evolving demands of the gig economy.”
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