Work Market Recognized as Industry Innovator in First Freelance Management System Report by Staffing Industry Analysts

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As enterprises continue to embrace technology solutions to manage their contingent workforce, Work Market has been cited as an industry leader for their innovation in the creation of the first comprehensive Freelance Management System™.

Work Market, the SaaS solution that helps companies easily engage and manage their freelance and independent contractor workforce, announces today that it has been named as a pioneer in the movement of using enterprise specific technology to manage the distinctive needs of the freelancer workstream in the pre-eminent industry report by Staffing Industry Analysts. Work Market is the only Freelance Management System in the report that provides a comprehensive end-to-end technology solution for managing all aspects of the freelance workstream.

Specifically, the report highlights what a Freelancer Management System is, the key technology components of a freelancer management system, how a contingent workforce fits into a contingent workforce strategy and how an FMS compares to a vendor management system. The report also gives a detailed overview of the Freelancer Management Systems framework and its six steps (Find, Verify, Engage, Manage, Pay and Rate) which have been core to Work Market’s technology since its inception in 2010.

“With the growth in the number of independent workers in our workforce, enterprises are quickly seeing that new tools and technologies are required to manage this workstream in addition to legacy tools such as those Vendor Management Systems typically used to source agency temps,” said Diego Lomanto, Vice President of Marketing at Work Market. “Freelance management systems are critical, and as the only industry player offering an end to end solution, we see first hand the important role this plays within an enterprise. It’s exciting to see Staffing Industry Analysts shine a light on this segment with their report, and we are honored to be recognized for our ground-breaking solution.”

Work Market, recently named one of Crain’s New York Business’s Fastest Growing Companies, has filled more than one million work requisitions to date. For more information about Work Market, click http://www.workmarket.com

About Work Market:
Work Market is the leading enterprise-class platform for the management of contract and freelance talent. Businesses of all sizes use the Work Market platform to manage the complete lifecycle of their freelance talent, including the selection and engaging of contracted resources, the deployment and ongoing management of labor at scale and all associated payment and reporting processes. Our solution allows businesses to increase labor productivity and enhance work quality while dramatically reducing costs. To learn more visit http://www.workmarket.com. Work Market has trademarked the phrase “Find Verify Engage Manage Pay Rate” and the Work Market FMS Framework is patent pending. For media inquiries, contact Cari Sommer, Sommer Communications Group, 646-480-7683.

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Cari Sommer, CEO