Magnit

Magnit Named a CWS & MSP Services Procurement Leader in NelsonHall’s NEAT Evaluation 2022

Retrieved on: 
Tuesday, February 14, 2023
Professional Services, Data Management, DEI (Diversity, Equity and Inclusion), Technology, Human Resources, Software, CMO, Organization, NEAT, VMS, Magnit, IWM, Information Services Procurement Library, MSP, Intelligence, Growth, Service, SOW, CWS, Retail

Magnit™, an Integrated Workforce Management (IWM) platform provider, announced that it was named a Leader in NelsonHall’s NEAT vendor evaluation for Contingent Workforce Solutions (CWS) and Managed Service Programs (MSP) for the second consecutive year.

Key Points: 
  • Magnit™, an Integrated Workforce Management (IWM) platform provider, announced that it was named a Leader in NelsonHall’s NEAT vendor evaluation for Contingent Workforce Solutions (CWS) and Managed Service Programs (MSP) for the second consecutive year.
  • NelsonHall’s NEAT assessment ranked the performance of 13 vendors, providing strategic insights across a range of criteria to identify the best-performing providers.
  • “More than ever, companies are looking for various ways to be flexible and stay ahead of unpredictable economic and labor market fluctuations—and they need the right business partner to do so,” said Vidhya Srinivasan, CMO at Magnit.
  • Furthermore, Magnit’s Services Procurement offering, with its maturity curve, enables organizations to add increasingly sophisticated services, technology and intelligence to optimize their suppliers.”
    The NelsonHall CWS & MSP 2022 NEAT report assessed the vendors and categorized them into four ranking segments: Leaders, High Achievers, Innovators and Major Players.

Magnit Appoints Doug Barnett as CFO to Accelerate Global Reach

Retrieved on: 
Thursday, February 9, 2023
Professional Services, Data Management, Apps, Applications, Technology, Human Resources, Software, Networks, CFO, Sabre Corporation, Barnett, Acceleration, IWM, EVP, Growth, UGS, History, Management, Magnit

Magnit , an Integrated Workforce Management (IWM) platform provider, today announced that Doug Barnett has joined the company as chief financial officer (CFO).

Key Points: 
  • Magnit , an Integrated Workforce Management (IWM) platform provider, today announced that Doug Barnett has joined the company as chief financial officer (CFO).
  • In this role, Barnett will work to scale the company’s global operations as it leads the evolution of work.
  • “Having Doug on the team will be critical to driving Magnit’s success in its next chapter,” said Kevin Akeroyd, CEO of Magnit.
  • At each of these companies, he helped accelerate the global reach of their products and services.

Magnit Achieves High Ratings in SIA’s VMS Global Landscape and Differentiators 2022 Report

Retrieved on: 
Tuesday, February 7, 2023
Professional Services, Data Management, Apps, Applications, Technology, Human Resources, Software, Networks, CMO, Organization, VMS, Agility, IWM, Retail, Renewable energy, Magnit

Magnit™, an Integrated Workforce Management (IWM) Platform provider, received high ratings in Staffing Industry Analysts’ (SIA) new “Vendor Management System (VMS) Global Landscape and Differentiators” report , which is considered the industry’s standard of excellence.

Key Points: 
  • Magnit™, an Integrated Workforce Management (IWM) Platform provider, received high ratings in Staffing Industry Analysts’ (SIA) new “Vendor Management System (VMS) Global Landscape and Differentiators” report , which is considered the industry’s standard of excellence.
  • According to SIA, the global VMS market tallied a 26% increase in year-over-year spend, with spend under management topping $226 billion.
  • Global VMS adoption for companies with over 1,000 employees also grew significantly, increasing from 50% in 2009 to 80% in 2022.
  • “We are excited to again be recognized by Staffing Industry Analysts for excellence across all areas of VMS,” said Vidhya Srinivasan, CMO of Magnit.

Magnit Integrated Workforce Management Platform Delivers 366% ROI

Retrieved on: 
Tuesday, January 17, 2023
Professional Services, Other Technology, Technology, Software, Human Resources, IWM, DE, Forrester, ROI, Knowledge, Magnit, Partnership, VMS, PRO, Member of the Scottish Parliament, TEI, Acquisition, Investment, Total economic value

Magnit™ (formerly PRO Unlimited), an Integrated Workforce Management (IWM) Platform provider, today released the results of a new commissioned study, “ The Total Economic Impact™ (TEI) of Magnit Platform ,” conducted by Forrester Consulting .

Key Points: 
  • Magnit™ (formerly PRO Unlimited), an Integrated Workforce Management (IWM) Platform provider, today released the results of a new commissioned study, “ The Total Economic Impact™ (TEI) of Magnit Platform ,” conducted by Forrester Consulting .
  • The analysis found that an organization leveraging Magnit Platform to manage its contingent workforce saw a 366% return on investment over three years, $32.3 million in net present value over that same period, and a full investment payback in less than six months.
  • “Magnit’s integrated platform approach empowers leaders with the data and visibility they need to make strategic decisions in today’s high-pressure business landscape.
  • Our end-to-end platform offers a robust return on investment, helping businesses save tens of millions on labor spending and management costs despite its relatively low cost.”
    To perform its analysis, Forrester interviewed seven Magnit clients to develop a composite organization representative of those customers.

Magnit’s Industry-Leading Capabilities Highlighted in SIA’s Annual MSP Global Landscape Report for Second Consecutive Year

Retrieved on: 
Wednesday, November 30, 2022
Professional Services, Business, Technology, Other Professional Services, Other Technology, Software, IWM, MSP, Member of the Scottish Parliament, Pretrial services programs, Organization, HR, Management, Magnit

Magnit , an Integrated Workforce Management (IWM) Platform provider, exhibited strong capabilities in Staffing Industry Analysts (SIA) Managed Service Program (MSP) Global Landscape and Differentiators report for the second consecutive year.

Key Points: 
  • Magnit , an Integrated Workforce Management (IWM) Platform provider, exhibited strong capabilities in Staffing Industry Analysts (SIA) Managed Service Program (MSP) Global Landscape and Differentiators report for the second consecutive year.
  • Demonstrating Magnits unique ability to help organizations navigate a complex workforce landscape while meeting organizational goals, the company excelled across all categories in the report, which is considered the gold standard for evaluating the strength of MSPs.
  • According to SIA, in the period January-December 2021, the global MSP market accounted for $194 billion of spend under management, which represents an increase of 30% year-over-year.
  • This assessment is a testament to our teams unparalleled commitment to innovation and our clients evolving world of work.

Magnit Appoints Salesforce Alum Mohan Natarajan as Company’s First CTO

Retrieved on: 
Thursday, November 17, 2022
Software, Technology, Data Management, Workforce, Nataraja, Agility, Salesforce, Pulse, Cisco Systems, Culture, Intelligence, Silicon Graphics, IWM, Motorola, Organization, Individual, Silicon, Management, Creative industries, Magnit, Engineering

Magnit , an Integrated Workforce Management (IWM) platform provider, today announced that Mohan Natarajan has joined the company as its first chief technology officer (CTO).

Key Points: 
  • Magnit , an Integrated Workforce Management (IWM) platform provider, today announced that Mohan Natarajan has joined the company as its first chief technology officer (CTO).
  • Mohans tenure in the industry reflects an ongoing pursuit of progress and excellence that aligns with our own, said Kevin Akeroyd, CEO of Magnit.
  • Prior to joining Magnits team, he spent seven years at Salesforce where he rose to the position of senior vice president of Engineering.
  • Any trade, product or service name referenced in this document using the name Magnit is a trademark and/or property of Magnit, LLC.

Magnit Recognized as a Leader in Everest Group’s CWM/MSP PEAK Matrix for Second Consecutive Year

Retrieved on: 
Tuesday, November 15, 2022
Professional Services, Business, Technology, Other Professional Services, Other Technology, Software, Workforce, Investment, Service, Agility, PRO, PEAK, Contingent work, MSP, Intelligence, IWM, Growth, CWM, Matrix, Risk management, Management, Magnit

Magnit (formerly PRO Unlimited), an integrated workforce management (IWM) platform provider, was named the Market Impact Leader in Everest Groups annual Contingent Workforce Management (CWM)/Managed Service Provider (MSP) PEAK Matrix.

Key Points: 
  • Magnit (formerly PRO Unlimited), an integrated workforce management (IWM) platform provider, was named the Market Impact Leader in Everest Groups annual Contingent Workforce Management (CWM)/Managed Service Provider (MSP) PEAK Matrix.
  • Everest Groups 2022 CWM/MSP PEAK Matrix evaluated the performance of 24 service providers, offering insights to help enterprises make critical decisions about their market partners.
  • Our continued recognition as an Everest Group CWM/MSP PEAK Matrix Leader is a testament to that work, our proven expertise, and the world-class data, talent intelligence, and modern software we offer.
  • The company also ranked as a top performer in vision and capability, Everest Groups other key metric for the PEAK Matrix.

Retention Remains a Challenge Amid Inflation According to Magnit’s Fall 2022 U.S. Labor Market Report

Retrieved on: 
Wednesday, September 28, 2022
Professional Services, Data Management, Other Professional Services, Thought Leadership, Technology, Human Resources, Software, Workforce, Risk, Agility, LLC, IWM, Face, Growth, Intelligence, Yoy, Goal, Work, Unemployment, Heel, Labour, PRO, SVP, Management, Creative industries, Magnit

Magnit (formerly PRO Unlimited), an Integrated Workforce Management (IWM) Platform provider, today released the results of its Fall 2022 U.S. Labor Market Report .

Key Points: 
  • Magnit (formerly PRO Unlimited), an Integrated Workforce Management (IWM) Platform provider, today released the results of its Fall 2022 U.S. Labor Market Report .
  • The Fall 2022 Labor Market Report leverages Magnits expansive talent intelligence database to offer unparalleled insights into the issues affecting full-time and contingent workforces.
  • Sifting through billions of data points, Magnits research reveals insights into trends that may affect leaders recruitment, retention, and staffing decisions.
  • The Fall 2022 Labor Market Report comes on the heels of Magnits recent rebranding effort , which showcases the companys commitment to stewarding the evolution of work.

LOKI Systems Announces Enriched Integration of Advanced Payroll with Microsoft Dynamics 365 Finance and Operations Benefit Management

Retrieved on: 
Wednesday, September 21, 2022
Workforce, Microsoft Dynamics 365, Organization, Review, Gold, Microsoft Azure, Certification, Cockneys vs Zombies, PORT, Solution, Accounting, Human resources, Microsoft Dynamics, HR, Azure, PRO, Benefits realisation management, Health insurance, Online shopping, Payroll, Finance, Microsoft, Magnit

PORT COQUITLAM, B.C. & BURLINGAME, Calif., Sept. 21, 2022 /PRNewswire-PRWeb/ -- LOKI Systems, a Magnit company (formerly PRO Unlimited) and leading developer of comprehensive payroll solutions, today announced the integration of Advanced Payroll with the new Benefits Management functionality in Microsoft Dynamics 365 Finance and Operations, providing a seamless process that connects employees' payroll and benefits activities.

Key Points: 
  • & BURLINGAME, Calif., Sept. 21, 2022 /PRNewswire-PRWeb/ -- LOKI Systems , a Magnit company (formerly PRO Unlimited) and leading developer of comprehensive payroll solutions, today announced the integration of Advanced Payroll with the new Benefits Management functionality in Microsoft Dynamics 365 Finance and Operations, providing a seamless process that connects employees' payroll and benefits activities.
  • Advanced Payroll is delivered as a Microsoft Dynamics 365 Finance and Operations module, secure and scalable in the Microsoft Azure cloud.
  • LOKI Systems , a Microsoft Gold partner and independent software vendor, is a leading developer of workforce management solutions, including Advanced Payroll for Microsoft Dynamics 365 and TimeLogiq for Microsoft Dynamics 365.
  • LOKI Systems offers award-winning products that meet the highest standard of development certification offered by Microsoft Dynamics 365 for Finance.

Magnit Taps Industry Veteran Sam Smith to Lead EMEA Operations

Retrieved on: 
Wednesday, September 21, 2022
Consulting, Professional Services, Technology, Software, Human Resources, Workforce, Agility, LLC, IWM, Smith, United States Secretary of the Air Force, Industry, Noise, Intelligence, CEO, Goal, EMEA, Work, PRO, RAF, Kelly Services, Management, Magnit

Magnit (formerly PRO Unlimited), an Integrated Workforce Management (IWM) platform provider, today announced that Sam Smith has joined the companys executive leadership team as president for EMEA.

Key Points: 
  • Magnit (formerly PRO Unlimited), an Integrated Workforce Management (IWM) platform provider, today announced that Sam Smith has joined the companys executive leadership team as president for EMEA.
  • Sams long tenure in the industry makes her perfectly suited to guide Magnits EMEA operations as we define our next chapter, said Kevin Akeroyd, CEO of Magnit.
  • I know this industry from both sides, said Sam Smith, President of EMEA, Magnit.
  • Any trade, product or service name referenced in this document using the name Magnit is a trademark and/or property of Magnit, LLC.