BOCA RATON, Fla., April 26, 2017 /PRNewswire/ -- DCR Workforce (DCR), a leading Vendor Management System (VMS) provider for extended workforce and service procurement solutions, is a Leader in all categories of services procurement according to "The Forrester Wave™: Services Procurement, Q1 2017" report by Forrester Research, Inc., an industry-leading global research organization. Forrester used a 40-criteria process to evaluate the eight most significant services procurement vendors, including DCR's services procurement solution, Smart Track, to show how each provider measures up in three high-level categories: current offering, product strategy and market presence.
The report states: "It [Smart Track] has excellent support for contingent worker presentment and onboarding/offboarding, compliance management for freelance workers, and services provider supplier performance. It now has one of the most capable solutions for SOW [Statement of Work] services…"
Global spending on services procurement solutions (primarily SaaS subscription fees) was estimated at more than $500 million in 2016, with an anticipated increase to $700 million by 2018, according to the Wave report.
"Services procurement is a complex, interactive process with many changing variables," said Ammu Warrier, DCR's President and Co-founder. "Smart Track is an innovative and practical solution to an organization's extended workforce management needs, including services procurement, and we're thrilled to be recognized as a leader in service procurement providers by Forrester. We consider DCR's inclusion in the Forrester's Wave report and our being named a leader as confirmation that DCR delivers an innovative platform and a simple solution for complex procurement needs."
In this evaluation, Smart Track VMS received its top scores for technology, globalization, integration, financial resources to pursue strategy and functionality: (contingent workers and freelance workers), and was also given the highest score among competitors in the functionality: project-based/SOW services and business/outsourcing services criteria.
For information or a demo of Smart Track's extended workforce and services procurement solution, call 1-888-DCR-4VMS or email [email protected].
About DCR Workforce
DCR is a leading provider of extended workforce management and services procurement solutions. Smart Track is our extended workforce and services procurement solution, based on agile, innovative and adaptive technology.
Additional questions? Please contact:
DCR Workforce
[email protected]
SOURCE DCR Workforce
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