PARSIPPANY, NJ--(Marketwire - September 29, 2010) - CyberShift, a global provider of workforce management and expense management software and services, today introduced its CyberShift Contingent Labor Management Solution™ module (CLMS), the latest offering in the company's robust set of award-winning, 100 percent Web-based solutions. Designed to provide flexible tools for both employers, staffing companies and flexible workers, CyberShift CLMS helps companies select the "best-fit" temporary staff to address the fulfillment of fluctuating work requirements.
Historically, in the United States, the use of contingent labor tracks very closely to the growth of Gross Domestic Product (GDP) multiplied by a factor of five. That is, if the GDP in the U.S. grows at a 3 percent rate, the use of contingent labor by businesses typically grows at a rate of 15 percent. In response to economic instability and a slow-growth recovery many organizations are focused on meeting their business objectives while maintaining a flexible cost structure. As a result, the use of non-traditional workers, such as part time or seasonal employees, will continue to increase. CyberShift CLMS has been designed to specifically address the complex demands that accompany the efficient and effective utilization of the contingent workforce.
CyberShift CLMS includes vendor management capabilities, which match client requisition needs with vendor-supplied talent pools. Companies can easily manage job demands, matching position requirements and candidates to requests by role, skills, cost and availability. The CyberShift CLMS best-in-class solution helps organizations source, manage and compensate contingent and non-traditional employees by supporting time and attendance, labor distribution, management approval, workflows and efficient employee scheduling.
Morné P. Swart, vice president of product management for CyberShift, Inc., commented, "Contingent labor management is a viable alternative to ensure business goals and revenue targets continue to be met for organizations that experience variable staffing demands on an ongoing basis. With our CyberShift Contingent Labor Management Solution, companies can better control their workforce costs while selecting 'best fit' staff needed to fulfill business requirements. In fact, according to recent industry reports, it is not unusual to see customers reduce spending on contingent labor up to 20 percent after a contingent workforce management system is implemented."
With an intuitive user interface that is highly flexible and configurable, CyberShift CLMS can easily integrate value-added services and support advanced decision-making. Additionally, CyberShift CLMS is delivered as a true Software-as-a-Service (SaaS) On-Demand system, allowing users to have an easy-to-implement, agile and cost-effective solution. All CyberShift solutions are designed to provide unparalleled levels of reliability and availability that deliver strong user adoption and industry leading security.
More information about CyberShift Workforce Management 3G™ Solutions is available at http://www.cybershift.com/products_workforce.asp
About CyberShift
CyberShift specializes in providing leading organizations with best-in-class workforce and employee spend-management solutions to reduce costs, mitigate compliance risk and increase productivity. Our solutions help organizations of all sizes address complex policies and increase the effectiveness of their workforce in delivering products or services to their customers every day. CyberShift's comprehensive product suite is unique in providing multi-national capabilities for employee scheduling, time-and-attendance, contingent labor management, absence management, expense management and solutions for the mobile workforce. CyberShift manages over 1.5 million transactions daily through our highly secure SaaS delivery model, and is also available as an On Premise license, putting the power of choice in the hands of the customer. For more information, please call (877) 274-4381 or visit www.cybershift.com.