Adecco Group buys VC-backed OnForce

Adecco Group, parent company of Beeline, has acquired OnForce. No financial terms were disclosed. Based in Lexington, Mass, OnForce is a provider of workforce solutions. Its backers include North Atlantic Capital, General Catalyst Partners and Accel Partners.

PRESS RELEASE

Jacksonville, Florida, August 11, 2014 – Beeline, a global leader in software solutions for managing the extended workforce, today announced that its parent company, Adecco Group, has acquired OnForce and is merging the company under Beeline’s portfolio of workforce solutions, which include a vendor management system (VMS), Ellegro learning solutions (ELS) and now OnForce freelancer management system (FMS). Beeline and OnForce will deliver the first integrated solution that offers customers multiple channels for sourcing talent. Combining Beeline VMS with OnForce FMS gives customers unprecedented access to both their trusted supply chain and their network of highly skilled, carefully vetted and correctly classified independent contractors (freelancers) through one cloud-based solution.

Research firm Aberdeen Group estimates that almost 26 percent of the average organization’s total workforce is contingent, which can include temps, consultants, independent contractors/freelancers, outsourced project resources, retirees, alumni and other nontraditional workers. Accessing and managing this “extended workforce” is often a fragmented process involving a mixture of technologies such as VMS, FMS, spreadsheets and other adhoc tools. The new integrated offering will combine Beeline’s powerful process automation and analytics for sourcing and managing talent through suppliers, with OnForce’s ability to directly access and manage today’s burgeoning population of freelance talent. This will provide customers with a valuable new option for simplifying operations and optimizing the management of their extended workforces. For Beeline’s channel partners, it will also enable them to either add an independent contractor offering to their current services, or to manage their existing independent contractor business more effectively.

“This is a perfectly complementary merger on every level—business, technical and cultural,” said Beeline President Doug Leeby. “There is very little overlap between companies, and together we solve a massive business problem in a unique way. Companies expect us to help them find the best people at the best price with the least amount of risk exposure—whether that is through the supply chain or direct sourcing. This merger will meet the supply and demand needs of our clients by directly connecting them to independent contractors without the risk of an unvetted and uncontrolled sourcing process. Companies will get direct access to just-in-time pre-vetted talent through private networks, which lowers costs and reduces time to source, while still complying with all policies and security measures.”

Both companies will maintain their individual identities and continue functioning much as they have prior to the merger. And while Beeline and OnForce will integrate technologies, the merger will not directly impact either company’s relationships with current customers or partners. “We value customer choice. We believe that every company and partner should benefit from this new innovation. As we set a new standard for extended workforce solutions, we fully expect to offer integrations with other VMS and FMS technologies,” said Leeby.

“Contingent staffing has largely been treated as a procurement function for many years,” said OnForce President and Chief Executive Officer Peter Cannone. “However, the dramatic rise of independent contractors has opened a new world of possibilities for accessing talent directly, rather than through staffing agencies. The Beeline-OnForce merger will enable organizations to fully capitalize on this trend by managing all types of workers, for all jobs, in the entire extended workforce through a single system of record.”

About Beeline
Beeline is a market leader in software solutions for sourcing and managing the extended workforce. The company offers intelligent workforce solutions to help procurement, sourcing and human resources professionals optimize costs, reduce risks and add value to their local and international extended workforce programs. Award-winning business intelligence, superior technology, global networks of local knowledge, and service-driven people based close to its clients’ operations make Beeline the best choice for today’s leading enterprises. To learn more, visit beeline.com.

About OnForce
OnForce, a leader in SaaS technology-enabled workforce solutions, empowers companies of all sizes in all industries to gain a competitive edge in how work gets done. Its business model allows customers to rapidly grow their businesses, lower service costs, extend skill-sets, and generate new streams of revenue. For additional information, please visit www.onforce.com.

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