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“Effective visibility and control of contingent labor spend continues to be a growing priority for best-in-class organizations. When effectively managed, it delivers a material impact to the bottom line. Building upon Coupa’s Services Maestro simple requisitioning, procurement, and tracking of SOW-based services offering, DCR Workforce will provide an advanced solution for the full lifecycle of the sourcing and management of contingent workers at scale,” said
- Initiating requests for a staff augmentation or services project, collecting bids, and evaluating and selecting the right candidates, project bids, and suppliers
- Approving candidates or service projects and creating and releasing work orders
- Enabling controls on onboarding and offboarding assets and access
- Tracking time, expenses, and signing off on deliverables, as well as analyzing services spend and worker performance
- Completing invoicing, payments, and spend management for contingent workers as well as projects
"In today’s gig economy, businesses have greater access to temporary labor and services around the globe to augment their workforce in new and innovative ways. With this expanded labor force comes the need for more sophisticated solutions to manage onboarding, offboarding, and services delivery, all while ensuring local labor and compliance requirements are met," said
DCR Workforce was recently named a leader in the Forrester Wave for Services Procurement Q1 2017. The company also won six Stevie American Business Awards, for among other things, most innovative tech company of the year (up to 2,500 employees) and company of the year (computer software – large).
To read more about the acquisition, click here.
To learn more about the Coupa BSM Platform, which empowers the world’s most successful organizations with the visibility and control they need to manage all their spend in one place, click here.
About DCR Workforce
DCR Workforce is a leading provider of SaaS solutions for contingent workforce management and services procurement. The company’s Smart Track VMS offers a unified approach to managing all aspects of non-employee engagement. To learn more, please visit www.dcrworkforce.com.
This release includes forward-looking statements. All statements other than statements of historical facts, including the proposed benefits of the acquisition and statements regarding the capabilities of Coupa and DCR Workforce following the acquisition, are forward-looking statements. These forward-looking statements are based on Coupa’s current expectations and projections about future events and trends that Coupa believes may affect its financial condition, results of operations, strategy, short- and long-term business operations and objectives, and financial needs.
These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially, including difficulties with the integration process or the realization of the benefits of the acquisition. These and other risks and uncertainties that could affect Coupa’s future results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in Coupa’s quarterly report on Form 10-Q filed with the
The forward-looking statements in this release reflect Coupa’s expectations as of the date hereof. Coupa undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in our expectations.
Vice President, Corporate Marketing