Wednesday 5th September, 2018
Coupa Software has announced that it has acquired the technology assets of DCR Workforce a leading provider of contingent workforce management and services procurement software.
The acquisition aims to further Coupa’s vision of enabling businesses to manage all their organisation’s business spend, including contingent workforce spend, within a comprehensive BSM platform.
"Effective visibility and control of contingent labour spend continues to be a growing priority for best-in-class organisations. 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 Rob Bernshteyn, chief executive officer at Coupa."
DCR Workforce offers a cloud-based application that enables businesses to source, procure, and manage their contingent workforce spend. As part of the Coupa BSM Platform and marketed as Coupa Contingent Workforce, DCR Workforce empowers companies to manage the end-to-end lifecycle for services and contingent workforce spend.
"In today’s gig economy, businesses have greater access to temporary labour and services around the globe to augment their workforce in new and innovative ways. With this expanded labour force comes the need for more sophisticated solutions to manage onboarding, offboarding, and services delivery, all while ensuring local labour and compliance requirements are met, said Ammu Warrier, president at DCR Workforce.
Florida based DCR Workforce was recently named a leader in the Forrester Wave for Services Procurement Q1 2017.