elance 5 outsource management sw
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Elance Delivers Most Extensive, Globalized Services & Contractor Management Solution with Elance 5, Reinforcing Commitment to Industry Leadership
Next Generation Capabilities Combine to Accelerate Deployments for Individual Services and Geographies and to Underpin Global Rollouts Across Multiple Service Categories, Geographies, and Divisions
MOUNTAIN VIEW, Calif., Nov. 15 / -- Elance, Inc. (www.elance.com), the leading provider of e-commerce solutions for services, today announced the general availability of Elance 5, the next generation of its industry leading Services & Contractor Management OnDemand solution used by 200,000 employees at leading companies. Elance 5 enables enterprises to rapidly automate the procurement and management of over 50 service categories, including contingent labor and IT outsourcing, and deliver immediate value through increased compliance and visibility, performance improvement, up to 20% savings on services and labor purchases. With Elance 5, enterprises can "Think Globally, Deploy Locally" -- use Elance to gain immediate value for individual services, departments and division, without compromising their desire for a single platform to serve their global needs.
"To succeed in gaining the cost-savings, efficiency and performance benefits of managing services spending, companies need to take a phased approach to tackling different service categories," said Andrew Bartels, Vice President at Forrester Research. "Leading vendors need to provide a deep and broad platform than can handle the full range of services while enabling department by department implementation to maximize successful deployments."
"Elance is unique in its ability to handle a wide variety of outsourced services," said Farley Blackman, Vice President of Indirect Procurement and Six Sigma for BP. "This breadth of capability enables increased supplier performance, management and quality-all while delivering cost savings."
Highlights of Elance 5
o Deployment Ready Solution -- leveraging Elance's extensive deployment experience, Elance 5 offers enterprises pre-configured processes, business rules, document templates, base data and approval workflows for multiple service categories to enable immediate time to value in as little as four weeks. Only Elance offers a pre-configured catalog of over 50 services and support for all major contract types, including contractor, fixed-deliverable, units & materials and 'bill of services' purchases. o Globalization -- multi-national corporations require a single platform to drive compliant services & contractor management policies worldwide. Elance 5 supports not only multiple currencies and formats, but also multiple languages (including double-byte support), and country or local region regulations and taxes through locale-based configuration settings, enabling organizations to utilize a single platform with the sensitivity to operate according to local requirements. o Compliance - over 75% of services orders require change orders and this is a major reason why enterprises lose visibility and control over services. Elance 5 introduces multiple innovations to regain control including easy-to-view change summaries across all components of a complex service order, supplier-initiated change orders, and effective-dating of rate changes. Other compliance enhancements include mandatory on-boarding tasks for contractors, request-reason tracking for changes, and sub-contractor WMBE tracking enabling compliance to Sarbanes-Oxley, HR and procurement policies. o Performance Management -- Elance 5 introduces 360 degree performance management with the introduction of feedback surveys to capture supplier performance at the order-level as well as surveys to capture supplier-feedback for buyers to improve overall collaboration, providing companies a quantitative and qualitative scorecard detailing the responsiveness, capability assessment and overall satisfaction with key suppliers. o Outsourcing Support -- Elance 5 enhances the support for outsourcing of key services, such as contingent labor, by enabling enterprises to delegate key functions to their service providers. With this capability, Enterprises have the benefits of a managed service while at the same-time maintaining control of a vendor-neutral technology and the ability to expand to multiple service categories beyond contractors.
"Elance 5 is a major step forward for the state-of-the-art in services & contractor management," said Fabio Rosati, president and CEO of Elance, Inc. "Only Elance enables enterprises to seamlessly scale from managing one service category -- say contingent staff -- in one location to managing over fifty service categories, with a standardized services catalog, in multiple languages and currencies, and in full compliance to local laws and regulations around the globe. These capabilities have enabled several of our customers to bring over $500 million annually in services spend covering contingent labor, marketing, print, offshore and consulting services under management in Elance, and Elance 5 will enable even broader, more rapid adoption to deliver global success."
Availability and Online Seminar
Elance 5 is generally available immediately. For a comprehensive list of Elance 5's enhance business value and product capabilities, visit http://enterprise.elance.com/index.html .
Join Forrester Research, FedEx, and Elance to learn about services and contractor management in a online seminar on Thursday, November 17th at 2pm EDT. To register, visit https://elance.webex.com/elance/j.php?ED=87365642&RG=1 .
Elance Delivers Most Extensive, Globalized Services & Contractor Management Solution with Elance 5, Reinforcing Commitment to Industry Leadership
Next Generation Capabilities Combine to Accelerate Deployments for Individual Services and Geographies and to Underpin Global Rollouts Across Multiple Service Categories, Geographies, and Divisions
MOUNTAIN VIEW, Calif., Nov. 15 / -- Elance, Inc. (www.elance.com), the leading provider of e-commerce solutions for services, today announced the general availability of Elance 5, the next generation of its industry leading Services & Contractor Management OnDemand solution used by 200,000 employees at leading companies. Elance 5 enables enterprises to rapidly automate the procurement and management of over 50 service categories, including contingent labor and IT outsourcing, and deliver immediate value through increased compliance and visibility, performance improvement, up to 20% savings on services and labor purchases. With Elance 5, enterprises can "Think Globally, Deploy Locally" -- use Elance to gain immediate value for individual services, departments and division, without compromising their desire for a single platform to serve their global needs.
"To succeed in gaining the cost-savings, efficiency and performance benefits of managing services spending, companies need to take a phased approach to tackling different service categories," said Andrew Bartels, Vice President at Forrester Research. "Leading vendors need to provide a deep and broad platform than can handle the full range of services while enabling department by department implementation to maximize successful deployments."
"Elance is unique in its ability to handle a wide variety of outsourced services," said Farley Blackman, Vice President of Indirect Procurement and Six Sigma for BP. "This breadth of capability enables increased supplier performance, management and quality-all while delivering cost savings."
Highlights of Elance 5
o Deployment Ready Solution -- leveraging Elance's extensive deployment experience, Elance 5 offers enterprises pre-configured processes, business rules, document templates, base data and approval workflows for multiple service categories to enable immediate time to value in as little as four weeks. Only Elance offers a pre-configured catalog of over 50 services and support for all major contract types, including contractor, fixed-deliverable, units & materials and 'bill of services' purchases. o Globalization -- multi-national corporations require a single platform to drive compliant services & contractor management policies worldwide. Elance 5 supports not only multiple currencies and formats, but also multiple languages (including double-byte support), and country or local region regulations and taxes through locale-based configuration settings, enabling organizations to utilize a single platform with the sensitivity to operate according to local requirements. o Compliance - over 75% of services orders require change orders and this is a major reason why enterprises lose visibility and control over services. Elance 5 introduces multiple innovations to regain control including easy-to-view change summaries across all components of a complex service order, supplier-initiated change orders, and effective-dating of rate changes. Other compliance enhancements include mandatory on-boarding tasks for contractors, request-reason tracking for changes, and sub-contractor WMBE tracking enabling compliance to Sarbanes-Oxley, HR and procurement policies. o Performance Management -- Elance 5 introduces 360 degree performance management with the introduction of feedback surveys to capture supplier performance at the order-level as well as surveys to capture supplier-feedback for buyers to improve overall collaboration, providing companies a quantitative and qualitative scorecard detailing the responsiveness, capability assessment and overall satisfaction with key suppliers. o Outsourcing Support -- Elance 5 enhances the support for outsourcing of key services, such as contingent labor, by enabling enterprises to delegate key functions to their service providers. With this capability, Enterprises have the benefits of a managed service while at the same-time maintaining control of a vendor-neutral technology and the ability to expand to multiple service categories beyond contractors.
"Elance 5 is a major step forward for the state-of-the-art in services & contractor management," said Fabio Rosati, president and CEO of Elance, Inc. "Only Elance enables enterprises to seamlessly scale from managing one service category -- say contingent staff -- in one location to managing over fifty service categories, with a standardized services catalog, in multiple languages and currencies, and in full compliance to local laws and regulations around the globe. These capabilities have enabled several of our customers to bring over $500 million annually in services spend covering contingent labor, marketing, print, offshore and consulting services under management in Elance, and Elance 5 will enable even broader, more rapid adoption to deliver global success."
Availability and Online Seminar
Elance 5 is generally available immediately. For a comprehensive list of Elance 5's enhance business value and product capabilities, visit http://enterprise.elance.com/index.html .
Join Forrester Research, FedEx, and Elance to learn about services and contractor management in a online seminar on Thursday, November 17th at 2pm EDT. To register, visit https://elance.webex.com/elance/j.php?ED=87365642&RG=1 .
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