MELBOURNE: LiveHire Limited has won its latest US direct sourcing contract with SASR (Set and Services Resources).
Disruptive talent sourcing, mobility and engagement platform LiveHire Limited announced its latest deployment in the global Managed Direct Sourcing market.
SASR (Set and Service Resources) will implement the LiveHire platform in the USA to hire high volumes of contract workers for a major US retailer. The estimated annual contract value for this Direct Sourcing Talent Cloud is A$440,000, invoiced pro-rata monthly in USD in line with pay rates for the total number of monthly hires.
The estimated annual contract value is based on projected hires currently required by this client. The full annual revenue run rate is expected to be surpassed once the platform is fully deployed and fulfilling optimal contractor roles across all states. The initial term of the contract is 24 months and will rollover for successive 12 month periods unless terminated earlier. All other terms of the contract are confidential and commercially sensitive.
LiveHire has a high value pipeline of Direct Sourcing prospects, where its technology is uniquely placed, unmatched in level of development, total installations, and outcomes, and innovated to deliver high and fast WI to clients in this rapidly expanding, disruptive market.
Christy Forest, CEO of LiveHire said: “We are thrilled to partner with SASR on the deployment of LiveHire technology to hire high volumes of contract workers for a major US retailer. We continue to see our technology solve the most acute business needs in the current environment, from contractor hiring to internal mobility and alumni talent pooling and engagement. We take pride in the flexibility we have built into our platform to meet the needs of organisations who understand now more than ever that agility in workforce management and talent deployment is a vital and ongoing source of competitive advantage. Our differentiation is in both the speed and quality of hires through our advanced engagement and matching capabilities, with a singular focus on continuing to deliver impactful business outcomes for all our clients.”
The Direct Sourcing market is a recent and rapid evolution in the contingent workforce management market (US$130 billion United States) that is typically managed through Procurement and involves the build of Talent Clouds of contractor talent that can be directly sourced, hired and pay-rolled.
LiveHire technology is uniquely placed to deliver rapid and high ROI to organisations looking to implement direct sourcing, as its differentiated architecture (federated and live candidate data, two-way SMS, and private cloud connections) enables a high of total contract hires on-demand.