According to a study conducted by SAP, 42% of the workforce spend is attributed to contingent workforce – service providers, independent contractors, experts, consultants and freelancers. The unpredictable business climate has impacted the hiring decisions of most businesses. Now, fewer businesses can afford to hire full-time. To stay flexible and drive efficiency, companies of all sizes hire independent contractors, highly skilled consultants, experts and freelancers. The Challenge...

Uncertainty, Covid-19 lockdown and business slow down resulted in a shift to contingent workforce for many businesses. Although hiring freelancers and independent contractors may significantly optimize costs and improve efficiency, managing external workforce is a hassle. Duplicate payments, messy invoicing, unmet deadlines and inefficient budget controls are just a small part of all challenges businesses face when managing on-demand workforce. At the same time, enterprise vendor managem...

If in the past, prior to the COVID-19 pandemic, contingent workforce management and Vendor Management Systems (VMS) were of interest mostly to enterprises, nowadays, companies of all sizes are shifting to on-demand workforce to optimize costs and increase efficiency. Leveraging contingent workforce adds flexibility and extends the ‘’runway’’ of startups and scaleups that are still not profitable and depend on the next funding round to stay in business. Moreover, a...

Back in 2015, Google acquired Bebop, a company founded by VMware founder Diane Greene and that’s when Google Hire came to life. Although the concept to build a hiring tool around popular G Suite solutions like Gmail, calendar, Docs, Hangouts, Search seemed to be a viable business model, it appears that it was not enough to compete and sustain. ATS (Applicant Tracking System) providers like Transformify, BambooHR, Breezy, etc. were offering more comprehensive and user-friendly solutions at...

Entire industries like e-Learning, HoReCa, management consulting, BPO, Life Sciences and more rely on contingent workforce, independent consultants, experts and freelancers. However, external workforce management can be complicated. HR software solutions and vendor management systems are the tools of choice for sourcing contingent workers, independent contractors and freelance talent.  How is Transformify different from vendor management systems like SAP Fieldglass and...