SAP plans acquisition of Fieldglass

SAP AG (NYSE: SAP) said it plans to acquire Fieldglass, the leading technology provider for procuring and managing contingent labour and services.

The addition of Fieldglass´ cloud-based vendor management system solution meets the growing demand among employers to manage flexible workforces that can be quickly engaged and on-boarded to support rapidly changing business and customer needs.

Combined with the collaborative, network-based procurement capabilities of Ariba and the human resources expertise of SuccessFactors, the acquisition uniquely positions SAP to deliver a platform for businesses to manage their entire workforce, from initial recruiting and on-boarding to ongoing development, performance management, retention and retirement.

Fieldglass´ cloud-based vendor management system allows organizations to procure and manage their flexible workforces, including contingent labour and services managed through statements of work, such as project-based spend, offshore engagements and independent contractors. For more information, visit www.fieldglass.com.

As market leader in enterprise application software, SAP helps companies of all sizes and industries run better. For more information, visit www.sap.com.

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