Provade and Kelly Services Announce Strategic Partnership and Joint Deployment for Fortune 500 Global Company
Troy, MI December 15, 2010 - Silicon Valley-based Provade Inc., a leading provider of Vendor Management System (VMS) technology for workforce spend management, today announced a new strategic partnership with KellyOCG, the Outsourcing and Consulting Group of workforce solutions provider Kelly Services Inc. (NASDAQ: KELYA, KELYB).
"This agreement aligns one of the premier global Managed Service Program providers with the industry's only enterprise VMS platform," said Provade Chief Executive Officer Edward Jackson. "As a result, more businesses around the world will have access to a technology solution that offers unparalleled visibility in their workforce spend."
The two firms' first combined rollout is for a Fortune 500 communications technology corporation, currently a KellyOCG Managed Services Provider (MSP) customer. The customer is switching to Provade's system, from a previous VMS supplier, as Provade's VMS and Analytics will support the management of all aspects of the company's contingent labor expenditures in 17 different countries, covering every region of the world.
In addition to needing a truly global platform, KellyOCG's customer indicated the importance of Provade's robust analytics capability as a key component in making the change. The deal represents Provade's 12th new deployment this year.
"Given the number of companies expanding their geographic reach, the ability to source, track and manage outsourced labor around the world is becoming imperative," said Rolf Kleiner, Senior Vice President and General Manager, KellyOCG. "We are confident our relationship with Provade will bolster our ability to provide customers the right solutions for their global human capital needs."
"This is an excellent start for the partnership between KellyOCG and Provade," said Jackson. "We believe that our combined expertise in workforce spend management marks the beginning of great things to come."
Provade, Inc. delivers the only enterprise Vendor Management System (VMS) for global workforce spend management. Provade's Software as a Service (SaaS) solution helps businesses achieve efficiency and measurable savings in their staffing, statement of work (SOW) and services spend. Leveraging best in class technology, Provade VMS delivers business process flexibility, robust analytics and complete integration with ERP systems. For more information, visit http://www.provade.com.
KellyOCG is a global leader in innovative talent management solutions in the areas of Recruitment Process Outsourcing (RPO), Business Process Outsourcing (BPO), Human Resources Consulting, Career Transition and Organizational Effectiveness Consulting, Executive Search and Contingent Workforce Outsourcing (CWO), which includes Independent Contractor Solutions. Further information about KellyOCG may be found at http://www.kellyocg.com.
About Kelly Services
Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. Serving clients around the globe, Kelly provides employment to 480,000 employees annually. Revenue in 2009 was $4.3 billion. Visit http://www.kellyservices.com.