Prosperix offers a patent-pending Vendor Management System (VMS) that integrates a hiring marketplace and automated supplier management to streamline workforce management. The platform enables businesses to quickly hire top talent while reducing costs and ensuring compliance through real-time data insights.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations struggle with the complexities of managing a contingent workforce, leading to inefficiencies in hiring, increased costs, and compliance risks. Traditional vendor management systems often lack integration with hiring marketplaces and automated supplier management, creating fragmented processes.
Solution
Prosperix offers a Vendor Management System (VMS) that streamlines workforce management by integrating a hiring marketplace and automated supplier management. The platform enables businesses to quickly source and hire talent, reduce costs, and maintain compliance through real-time data insights. By providing a networked VMS with a built-in hiring marketplace, Prosperix simplifies the process of finding and managing contingent workers. The system also offers features for direct sourcing, payrolling, and statement of work (SOW) management, providing a comprehensive solution for managing the extended workforce.
Target Audience
Prosperix primarily serves organizations looking to optimize their contingent workforce management, including HR departments, procurement teams, and hiring managers.
Features
- Patent-pending VMS Network with a built-in hiring marketplace and automated supplier management
- AI-powered hiring marketplace to improve candidate sourcing and selection
- On-demand talent pools for scaling the workforce and reducing time-to-hire
- Direct sourcing capabilities to leverage existing talent pools and expand reach
- Payrolling and Employer of Record (EOR) services to manage invoicing, payroll, and compliance
- Agent of Record (AOR) services for managing 1099 workers and mitigating misclassification risks
- SOW management tools for increased visibility into project-based work and budget control
- Real-time data and insights to guide workforce management decisions