Prosperix, and its patent-pending Prosperix VMS Network, are named a Market Leader in the Ardent Partners and Future of Workforce Exchange (FOWX) 2022 VMS Technology Advisor Report. Prosperix is a workforce innovation company providing a full suite of solutions and services that help companies manage their extended workforces.
The report analyzes nearly a dozen VMS offerings, rating solution and provider strengths. Prosperix is an overall favorite, based on its “unique workforce management infrastructure and commitment to the human elements” found in every workforce. The vendor management system (VMS) is touted as one of the “most disruptive” and “most innovative” available in the marketplace.
“We’re honored to be recognized as a VMS leader and remain committed to helping businesses meet their unique hiring challenges, no matter how the unpredictable global economy continues to shift. Our innovative platform – the only one in the industry with an integrated hiring marketplace – provides access to unlimited suppliers and talent pools, ensuring higher-quality workers, which results in extraordinary business outcomes,” said Sunil Bagai, Prosperix CEO.
Prosperix’s end-to-end technology uses network, machine, and human intelligence to enhance contingent workforce management. Through its Xponential Workforce solution consisting of MSP, VMS, and hiring marketplace capabilities in a single offering, companies realize significant value. Beyond cost savings, they experience exponential scalability, improved supplier and candidate performance, increased compliance, real-time data insights, and full automation.
A robust solution for any company, the report notes that the Prosperix VMS Network is especially effective for mid-sized and large enterprises needing a VMS, integrated hiring marketplace, and real-time analytics. Because the platform places special emphasis on the candidate experience, it is especially well-suited to companies that run people-focused workforce programs.
“Prosperix represents the next generation of workforce management technology,” said Christopher J. Dwyer, Senior Vice President of Research at Ardent Partners, Managing Director of the Future of Work Exchange, and author of the new report. “The solution’s VMS Network is one of the most disruptive products on the market. Prosperix is primed for continued success based on its commitment to a candidate-centric model, innovative software, and its reliance on Future of Work-era functionality.”
Prosperix was also named a Key Provider in 2021 by FOWX for its overall solution that provides a powerful user experience and its revolutionary solutions for workforce management. FOWX highlighted the company’s unification of technology and the human element, allowing companies, suppliers, and candidates to thrive in today’s rapidly-evolving economy.