PRO Unlimited Recognized as Both Leader and Star Performer in Everest Group’s 2022 Assessment of VMS Solutions
POSTED BY PRO UNLIMITED | MAY 19TH, 2022
We are excited to announce that we have been recognized as a Leader and Star Performer in Everest Group’s PEAK Matrix® 2022 Assessment of Vendor Management System (VMS) solutions. According to Everest Group, PRO’s Wand VMS achieved the highest score for Vision and Capability for the second consecutive year.
Everest used its proprietary methodology to evaluate and score 21 VMS solutions and assign them to three categories: Leaders, Major Contenders or Aspirants. PRO’s Wand VMS was one of only four solutions designated as Leaders in the 2022 Assessment. We were also recognized as a Star Performer, indicating that our position in the 2022 PEAK Matrix had strengthened compared to 2021 (when we also placed in the Leader category).
Wand’s position as a Leader in the 2022 PEAK Matrix was established by Everest’s scoring along two main axes, Vision & Capability and Market Impact:
- - In Vision & Capability, we scored as high as or better than all other VMS providers for Core Technology Capability; Emerging/differentiating Capability; Implementation, UI/UX & Support; and Engagement and Commercial model. For Vision and Strategy, PRO received the top score, higher than all other contenders.
- - In Market Impact, we were rated as high as or better than all other VMS providers for Value Delivered (“to clients based on customer feedback and other measures.”). The report called out explicitly that “PRO clients highlighted relationship management and accountability as [one of] its key strengths.”
Here is what our Chief Product Officer, Joe Hanna, had to say regarding the assessment:
“We are honored to receive this recognition based on our technical sophistication, differentiating capabilities and value delivered to clients. We are continuing our investment in revolutionizing the VMS user experience by delivering innovative capabilities when and where they are most impactful. We are on a mission to deliver precisely what organizations and their contingent talent need through our data- and intelligence-driven Integrated Workforce Management platform, including our leading-edge VMS.”
In its report, Everest described Wand “as an advanced, multi-tenant, omnichannel VMS with a leading UI/UX that is supported across web, mobile, tablet and wearable devices.” Acknowledging it as “one of the few VMS’ in the market with dedicated mobile applications for managers, workers and suppliers,” Everest added that “referenced clients were particularly appreciative of the ease of use and intuitiveness of the platform.”
Everest also acknowledged Wand’s solution platform breadth, assigning it the highest possible ratings across all five functional solution categories: Temporary Labor Management, Services Procurement / Statement of Work (SOW) Management, Independent Contractor Management / Direct Sourcing, Clinical Healthcare-specific Functionality, and Marketplace Capability (vendor/talent/supplier).
The report also highlighted the ease and intuitiveness of Wand, its strong analytics platform (Wand Discovery) and rate benchmarking (RatePoint), and our significant expansion into direct sourcing. These capabilities speak to PRO’s platform-led approach comprised of technology, data and service and how it helps solve mission-critical modern workforce management needs. Learn about how Wand VMS can help your organization achieve optimal results from its contingent workforce program when you download our data sheet.
Everest Group’s Practice Director, Krishna Charan, also added:
"PRO Unlimited’s strategic yet rapid investment spree, both organic and inorganic, over the last 12 to 18 months to strengthen its VMS capability paved the way for its positioning as a Leader and Star Performer on Everest Group’s Vendor Management System (VMS) Products PEAK® Matrix Assessment 2022. Its investments in portfolio expansion, direct sourcing, ongoing tech stack integration initiative, and advanced analytics position it well to serve diverse client needs."
Describing our strengths, Everest noted that PRO is “continuing to add technologies to its suite through both organic and inorganic investments to meet the end-to-end talent management needs of its clients.” These investments include our acquisition of Workforce Logiq and our VMS, which will further accelerate PRO’s innovation as we integrate the best features from two leading-edge VMSs (Wand and Workforce Logiq).
Organizations have been able to count on PRO to achieve their objectives for their core contingent workforce programs and to enhance program performance through data-based market and talent intelligence, cutting-edge technology and white-glove advisory services. They can also look to us to expand the scope and value contribution of their programs through next-generation solutions for direct sourcing, services procurement, employer of record, DE&I and worker experience.
Download the full Everest Group PEAK Matrix® 2022 Assessment of VMS solutions here.
If you’re interested in learning more about how PRO is helping organizations implement winning contingent workforce programs globally, please contact a PRO representative at 800.291.1099 or email at email@example.com.
Disclaimer: The content in this blog post is for informational purposes only and cannot be construed as specific legal advice or as a substitute for legal advice. The blog post reflects the opinion of PRO Unlimited and is not to be construed as legal solutions and positions. Contact an attorney for specific advice and guidance for specific issues or questions.