Magnit™, a provider of Integrated Workforce Management (IWM) platforms, announced that it has been recognized as a Leader in NelsonHall’s NEAT Vendor Assessment for Contingent Workforce Solutions (CWS) and Managed Service Programs (MSP) for the second year running. NelsonHall’s NEAT assessment evaluated the performance of 13 vendors and provided strategic insights across a range of criteria to identify the top-performing vendors.
“More than ever, companies are looking for different ways to be flexible and stay ahead of unpredictable economic and labor market fluctuations – and for that they need the right business partner,” said Vidhya Srinivasan, CMO at Magnit. “For the second year in a row, being recognized as a Leader by NelsonHall, one of the most authoritative voices in the industry, demonstrates our deep commitment to exceeding our customers’ expectations through the continued growth and innovation of our services and technologies.”
Magnit was recognized as a leader in the Service Procurement/SOW market segment in the NEAT report, scoring highly for both its “Ability to Meet Future Customer Needs” and “Ability to Deliver Immediate Benefits”. In addition, Magnit was also identified as a leader in the categories “Technology Innovation” and “Geographic Footprint & Scalability”. NelsonHall credited Magnit for a number of strengths in the report, including:
Its vendor-agnostic MSP expertise, built on over 30 years of temporary hiring experience
Magnit platform (a framework for optimizing conditional services, data and technology) that enables Magnit to meet customers’ individual programming needs
MSP and SOW maturity models aligned with the Magnit platform to help clients transform their temporary worker programs
Extended and deep diversity, equity and inclusion offerings (DE&I).
“Magnit’s commitment to shaping next-generation workforce management while expanding its global footprint has been accomplished through organic growth and acquisitions of MSP, VMS and intelligent platform providers,” said Nikki Edwards, principal research analyst at NelsonHall. “This has led to the launch of its new integrated workforce management platform, which offers modular and scalable new and enhanced services, software, data and talent intelligence solutions supported by a streamlined operating model. Additionally, Magnit’s Service Procurement offering, with its maturity curve, allows companies to add increasingly sophisticated services, technology and information to optimize their suppliers.”
