Fieldglass

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For field glasses, see binoculars.

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Fieldglass, Inc.
Subsidiary
Industry Software
Founded November 12, 1999; 24 years ago (1999-11-12)
Founder Jai Shekhawat
Headquarters 111 N. Canal St. Chicago, Illinois, U.S.
Area served
 Worldwide
Key people
 Jai Shekhawat
(Founder)
Vish Baliga
(CTO)
John Jennings
(President)
Rob Brimm
(EVP, Global Sales)
Mikael Lindmark
(VP, EMEA)[1]
Number of employees
 450+ (2015)
Parent SAP SE[2]
Website www.fieldglass.com

Fieldglass, a SAP Company, is a software company based in Chicago, Illinois, United States at 111 N. Canal St. The company provides a vendor management system (VMS) called Fieldglass VMS, a cloud-based technology used to manage the non-employee workforce of contingent workers (independent contractors). The various business processes that such management comprises include procurement, statements of work, project management, and payment. Use of the site is contingent on acceptance of data collection.[3]

History

Fieldglass was founded by Jai Shekhawat in 1999.[4] As of early 2014, Fieldglass had more than 450 employees located between its headquarters in Chicago, and additional offices in Naperville, Illinois; Mumbai, India; London, Sydney and other remote offices worldwide.[5] Fieldglass is currently used in 100+ countries, available in 18 languages and accessed by nearly 25,000 suppliers.[6] Fieldglass is a member of the Sourcing Interests Group (SIG) and the Illinois Technology Association (ITA).[7]

In September 2010 Fieldglass received a significant investment from Madison Dearborn Partners.[8] At the time Fieldglass was valued at more than $220 million.[9] Madison Dearborn Partners' portfolio includes CDW, MetroPCS and Univision.[10]

Staffing Industry Analysts' 2013 VMS and MSP Supplier Competitive Landscape Report said that Fieldglass had the highest annual flexible workforce spend under management and widest global footprint of any VMS provider. For the fifth consecutive year, Fieldglass ranked highest in total spend under management, with $27.4 billion in 2012.[11]

In 2014 Fieldglass announced that the company experienced its eighth straight year of profitability in 2013. Fieldglass was accessed by two million new users that same year. To support this growth, the company extended its customer support offerings to include a multi-lingual, 24/7 helpdesk.[12]

Fieldglass was acquired by SAP in 2014 and is now a subsidiary.

In 2014, Fieldglass was recognized in The Forrester Wave: VMS, Q1 2014 by Forrester Research, Inc., as the highest-scoring VMS provider in Contingent Workforce Management/Vendor Management System (CWM/VMS) functionality and market presence.[13]

CEO and Founder Jai Shekhawat will be stepping down from Fieldglass as of August 31, 2015. EVP Rob Brimm will be replacing Jai as Fieldglass President.

Customers

As of Q1 2015, Fieldglass' client base includes approximately 300+ customers, including:[14]

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Two Fieldglass customers were named winners in the 2013 Supply & Demand Chain Executive "Pro To Know" Awards. Nokia Siemens Networks' procurement team was honored for its strategic deployment of Fieldglass[15] and TELUS' Patti Vora was honored for transforming the company's contingent workforce program with Fieldglass.[16] In addition, BMC Software's Global Procurement Contingent Workforce team was named "Pros to Know" in 2012 for its efforts to proactively manage the company's contingent labor spend and workforce from a global perspective using Fieldglass.

Awards and recognition

  • Fieldglass won the 2014 Stevie Award for the Supply Chain Management Solution category's "Best New Product or Service of the Year".[17]
  • Fieldglass was honored as the 2014 IVCA Private Equity Portfolio Company of the Year.[18]
  • The Forrester Wave™: VMS, Q1 2014 by Forrester Research, Inc., ranked Fieldglass as the highest-scoring VMS provider in Contingent Workforce Management/Vendor Management System (CWM/VMS) capabilities and market presence. Fieldglass' capabilities also ranked highest in reporting and return on investment (ROI), with the report calling Fieldglass' overall capabilities in contingent staffing and SOW/project "very strong".[13]
  • CODiE Awards "Best Cloud Application Service" and "Best Human Capital/Talent Management Solution" finalist, 2013[19]
  • CODiE Awards "Best Human Capital/Talent Management Solution" winner, 2013[20]
  • Ernst & Young Midwest Entrepreneur of the Year winner, 2012[21]
  • Peter Yessne Staffing Innovator Award winner, 2012[22]
  • Seven-time Supply & Demand Chain Executive "Pro To Know" winner, 2004,[23] 2007,[24] 2008,[25] 2009,[26] 2010,[27] 2011,[28] 2012[29] and 2013[30]
  • Illinois Technology Association CityLIGHTS Awards finalist in 2010,[31] 2011,[32] 2012[33] and 2013[33]
  • Illinois Technology Association CityLIGHTS Awards "Lighthouse" winner, 2013[34]
  • Supply & Demand Chain Executive "100" winner, 2007,[35] 2008,[36] 2009,[37] 2010,[38] 2011,[39] 2012[40] and 2013[41]
  • American Business Awards "CEO of the Year" finalist, 2008,[42] 2009[43] and 2011[44]
  • American Business Awards "Best New Product or Service" finalist, 2010[45]
  • American Business Awards "People's Choice Stevie Award" winner, Favorite Supply Chain Management solution, 2013 [46]
  • Chicago Innovation Awards winner, 2008[47]
  • International Business Awards "Most Innovative Company in North America" winner, 2007[48]
  • In 2012, for the third consecutive year Fieldglass was the only major VMS provider to be named a "Top Performer" in Staffing Industry Analysts' customer satisfaction survey of 5,000 buyers of labor and staffing suppliers in 2012.[49]

Notes

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  13. ↑ 13.0 13.1 Lua error in package.lua at line 80: module 'strict' not found.
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  48. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  49. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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