Bullhorn Delivers Cloud-Based, Integrated Front-to-Back Solution for Enterprise Staffing Companies

Best-in-Class Middle Office Functionality First Announced Last Year
Will Launch in Q2 2019

BOSTON–(BUSINESS WIRE)–Bullhorn®,
the cloud computing company that helps staffing and recruiting
organizations transform their business, has realized its vision to
deliver a completely integrated front-to-back solution that combines
time and expense, invoicing, gross margin calculation, and billing
functionality with its market leading front office into a single
cloud-based system. This middle office suite is the culmination of years
of experience and development from several Bullhorn teams, including
those who joined Bullhorn following its Peoplenet acquisition in
November 2017.

As large buyers of labor adopt new workforce management practices,
staffing firms are challenged to provide flexible billing and payment
practices for clients and workers. Saddled with legacy middle office
technology that is difficult to upgrade and manage, many firms are
looking to transform their businesses through the use of connected
middle office systems that are configurable, adaptable, and scalable –
equipping them to be successful and competitive for years into the
future. Building middle office capabilities seamlessly into the front
office creates a single unified system; every transaction from the
initial job order all the way through to the invoice occurs on a single,
open, cloud-based platform supported by an enormous ecosystem of
solution providers and developers.

With its front and middle office integration, Bullhorn becomes the
single source of truth for everyone across an organization and allows
staffing firms to innovate to drive efficiency, make better decisions,
and create true competitive advantage. This, in turn, empowers these
firms to succeed in a new world of work in which available skilled
talent is scarce and elusive and large buyers of labor place
increasingly complex and restrictive demands on their suppliers. To this
end, Bullhorn’s vision is to provide firms with the end-to-end
infrastructure needed to transform their businesses.

Previously, enterprises had to choose different systems to get
best-in-class performance for front and middle office capabilities. With
Bullhorn’s offering, staffing firms do not have to make any sacrifices
when choosing an integrated system that marries front and middle office
capabilities, as it includes best-in-class capabilities across the
entire suite. Bullhorn’s difference is in the combination of its
staffing-specific DNA, its depth of R&D resources devoted to actualizing
its middle office connected vision, and the fact that it provides, and
always has provided, a true cloud-based and intrinsically scalable
platform upon which this suite of middle office solutions is built.

With a best-in-class middle office solution that gives staffing agencies
full front-to-back visibility from candidate and order intake all the
way through invoicing, customers can now see margin information and
profitability in real time to make informed decisions. This helps them
to:

  • Save millions of dollars on margin-erosive operations and back-office
    costs through fully automated pay and bill processes, with
    crystal-clear data visibility between front, middle, and back office
    systems
  • Save significant time and money on contract compliance by
    automatically enforcing pay/bill terms configured at the client level
  • Provide a fully integrated candidate onboarding experience that
    automates the complexities of putting people to work at multiple
    companies
  • Differentiate their value to talent with a seamless candidate
    experience in which candidates can manage their profile, complete
    documents, record time, and see their pay stubs

Additionally, Bullhorn will, over time, leverage its cloud-based
platform with more than 600 billion records to provide AI-based
capabilities to enhance staff and organizational performance. For
instance, staffing firms can leverage predictive intelligence to assess
client billing health indicators – such as when client invoices will
likely be paid – in real time, and therefore help them prioritize jobs.
Additionally, recruiters can assess the likelihood of successfully
filling a job based on the available talent pool, and more effectively
put the right people to work quickly by leveraging search and match
capabilities that take into account time approver-provided candidate
scoring data.

Bullhorn’s middle office suite will go into closed beta in May and will
see its first customer deployments in Q2 2019.

“The excitement from customers around what we have built has been very
energizing for the entire organization,” said Ed Holmes, head of
Bullhorn’s Workforce and Revenue Cloud business unit, responsible for
the development of the company’s middle office suite. “It is clear we’ve
built a solution that the market has desperately needed for a long time
now, and we’re excited for our customers to experience its benefits.”

“We have chosen Bullhorn as our long-term partner and are excited that
we are now going to be able to get a full front-to-back solution from
one provider,” said Layne Tharp, SVP of Finance at Signature
Consultants. “A fully integrated workflow will certainly strengthen and
enhance our partnership with Bullhorn. Front-to-back reporting, from
leads to revenue and actual gross margin, is a game changer. The design
looks great and the flexibility will allow us to remove manual processes
while improving our business processes. A middle office built
specifically for staffing is incredibly exciting for us.”

For more information on Bullhorn’s front-to-back solution, please visit: https://www.bullhorn.com/bullhorn-middle-office/?LS=Public_Relations&LSD=Public_Relations&umt_medium=referral&utm_source=pr&utm_campaign=middleoffice

About Bullhorn
Bullhorn is the global leader in CRM and
operations software for the recruitment industry. More than 8,000
staffing companies rely on Bullhorn’s cloud-based platform to drive
sales, build relationships, and power their recruitment processes from
end to end. Headquartered in Boston, with offices around the world,
Bullhorn is founder-led and employs more than 900 people globally. To
learn more, visit www.bullhorn.com
or follow @Bullhorn on Twitter.

Contacts

Vinda Souza
Vice President of Marketing Communications
Bullhorn
[email protected]
617-951-4319

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