Independent Industry Report Indicates Large Organizations Are Ready to Embrace New Extended Workforce Solutions and Notes the Upward Potential of ProcureWise
ROCHESTER, NY — September 14, 2022 — ProcureWise, a next-generation VMS platform by CEIPAL, was recently commended for its AI-powered unified total talent platform among extended workforce solutions by Spend Matters, the leading information source for procurement and supply chain professionals. In a recently updated independent vendor analysis of ProcureWise, Spend Matters outlined the company’s expanded direct sourcing and self-management capabilities. The analysis describes ProcureWise as a unified platform for sourcing and managing any type of extended worker.
According to the report, ProcureWise has extended its capabilities to provide a singular solution to its clients through its VMS, while also offering standalone solutions, including DEI (diversity, equity and inclusion) and ATS (applicant tracking system) technology in partnership with CEIPAL. Other differentiators observed by Spend Matters include ProcureWise’s modern, simple and easy-to-learn user interface. Analysts were equally impressed by the company’s notable client list, impressive case studies, and customer satisfaction. The analysis also called out the advantage of ProcureWise having CEIPAL founder Sameer Penakalapati as its CEO, enabling both companies to share technologies and resources.
“ProcureWise appears to have a strong technology and development background team, which bodes well for future expansion of functional capabilities,” the report reads. “We are likely to see ProcureWise grow as a global competitor over the next couple of years with its continued technology expansion and growth in its client partnerships, especially in companies looking to simplify their total talent technology landscapes.“
The new report consolidates the initial 2020 Spend Matters analysis with this year’s update. The vendor analysis provides a high-level analyst perspective on ProcureWise, including a business snapshot and an overview of the platform, solution, and supporting services. It also provides a competitive market overview as well as a list of key analyst takeaways.
“Until recently, traditional VMS competitors could only provide services through multiple partnerships, integrations and end-user access points, but ProcureWise has changed the game,” said James Lucier, Executive Vice President of ProcureWise. “As this latest analysis from Spend Matters demonstrates, we are a true market leader, driving the current shift toward a total talent ecosystem of technology solutions.”
The full industry report from Spend Matters can be downloaded for free here.
ProcureWise, a next-generation VMS platform by CEIPAL, was created as a single solution to source, manage, and engage contingent staffing, direct sourcing, and statement of work vendors and workers, enabling businesses to identify top-tier talent and avoid making costly hiring decisions. ProcureWise’s VMS solution offers unmatched capabilities and unsurpassed value to corporate procurement and HR teams and managed service providers through a unified total talent platform.
CEIPAL is an AI-powered SaaS platform that provides full-lifecycle management of the talent acquisition process. Our system leverages advanced technology to analyze vast amounts of candidate and employee data, providing actionable insights for meeting hiring goals and executing talent strategies. With robust solutions for pipeline curation, candidate engagement & marketing, applicant tracking, and workforce management, CEIPAL helps staffing firms, MSPs, and corporate hiring teams of all sizes to attract and retain the best available talent. CEIPAL was founded in 2015 and served 2,000+ customers and 120,000 recruiters globally.