Tue Nov 3, 2009 9:02am EST
Fieldglass Business Intelligence Fuels Best in Class Contingent Labor and
Services Programs
New Solution Reveals Actionable Information for Smarter Decision Making
CHICAGO, Nov. 3 /PRNewswire/ — Fieldglass, Inc., provider of the leading
unified platform for acquiring contingent workers, services and direct hires,
today announced its comprehensive business intelligence suite, arming
companies with the information necessary to create more strategic and
cost-effective workforce programs. Using Fieldglass Business Intelligence,
customers can uncover program data, identify trends and anomalies and
benchmark against the industry.
“Fieldglass’ business intelligence offerings provide HMS with insight into
spend, potential compliance risks and the overall efficiencies of our
program,” said David Barrows, director of talent acquisition, HMS. “The
benchmarking component allowed us to see how our program stacks up against the
industry average, giving us a level of detail we could not achieve on our own.
This is especially critical information in the context of today’s economy.”
Current research findings suggest a business intelligence solution is
important to any labor program’s success.
“In our most recent contract talent research study, nearly every interviewee
spoke about the importance of reporting. In fact, one respondent went so far
as to say that this was the single greatest ROI his organization realized in
moving from decentralized to centralized contingent workforce management,”
said Amy Lewis, director of Talent Acquisition Community, Human Capital
Institute. “Better data leads to better reports, on which to make better
decisions.”
Fieldglass Business Intelligence provides a unique level of analysis to all
users to improve day-to-day performance and ultimately helps companies make
better hiring decisions in line with company goals through:
– Reporting. Fieldglass offers a broad collection of second-generation
standard reports, ad-hoc reports based on user-defined criteria and
scheduled reporting. Fieldglass Analyzer features drill-down analysis
and charting capabilities that allow non-technical users to easily
interpret large volumes of data in real-time.
– Fieldglass Visualizer. This new feature displays program data in a
series of interactive graphs and dashboards. Visualizer proactively
detects emerging trends regarding key performance indicators and
identifies other anomalies and outliers. Users can immediately drill
into the appropriate place within the Fieldglass application to take
action or research areas of concern.
– Benchmarking. The benchmark reports compare a company’s rates, cycle
times and supplier performance with Fieldglass’ broader data supply -
the industry’s largest aggregated pool of contingent workforce data.
Delivered as a service through the program office, the reports
identify
patterns, best practices and strengths and weaknesses. The normalized
market data can be filtered by, for example, industry or
geo-population
tiers to provide customers insight into their program’s operations.
“It remains a challenge to evaluate human capital management programs in a
meaningful way,” said Jai Shekhawat, CEO, Fieldglass. “Alongside Fieldglass’
decision support capabilities and other built-in predictive functionality such
as real-time alerts, the new business intelligence tools will prove to be
invaluable to our partners and customers and help them positively transform
their businesses.”
ABOUT FIELDGLASS, INC.
Fieldglass, Inc. provides the leading unified technology platform for
acquiring all human capital, including contingent workers, services and direct
hires. Its award-winning, on-demand product suite helps companies determine
the right worker composition across all labor types and tap into known talent
resources, such as alumni, retirees and interns. Using Fieldglass, global
companies can reduce hiring cycles, enforce compliance and control spend to
remain competitive.
Customers representing Global 2000 firms, including GlaxoSmithKline, Johnson &
Johnson, Monsanto, Salesforce.com and Wyeth, use the Fieldglass solution to
manage contingent workers in a variety of categories, including light
industrial, IT and administrative, and the procurement of projects, offshore
and deliverables-based work. For more information, visit www.fieldglass.com.
SOURCE Fieldglass, Inc.
Stephanie Pietrzak of Fieldglass, Inc., +1-312-279-8081,
spietrzak@fieldglass.com
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