Fieldglass
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$12.0m | Series C | ||
$11.0m | Series D | ||
N/A | $162m | Growth Equity VC | |
$1.0b Valuation: $1.0b | Acquisition | ||
Total Funding | CAD253m |
Related Content
Recent News about Fieldglass
EditSAP Fieldglass is a leading provider of cloud-based solutions for managing contingent labor and services procurement. Founded in 1999, the company operates in the enterprise software market, serving large corporations and organizations that require efficient management of their temporary workforce and service providers. The platform offers a comprehensive suite of tools that streamline the entire process of procuring and managing contingent labor, from job postings and candidate interviews to time entry and payroll integration. By leveraging the power of the internet and cloud technology, SAP Fieldglass delivers its services through a Software as a Service (SaaS) model, ensuring scalability and ease of use for its clients. The company generates revenue through subscription fees for its software platform, which is designed to enhance transparency and efficiency in the staffing and procurement industry. SAP Fieldglass operates independently but benefits from the resources and innovation roadmap of its parent company, SAP, which acquired it in 2014. The platform is particularly valuable for organizations that need to manage a large and diverse contingent workforce, providing them with the tools to optimize their procurement processes and reduce costs.
Keywords: contingent workforce, services procurement, cloud-based solutions, SaaS, enterprise software, staffing efficiency, procurement transparency, payroll integration, large corporations, SAP acquisition.