Randstad Sourceright has announced the launch of twago, a freelance management system with more than 500,000 registered workers.

Randstad acquired twago last month and had previously invested in the technology platform in 2014. Randstad states that twago will enable it to accelerate clients’ freelance talent strategies and provide a holistic way to manage their total workforce.

"Through the twago platform, we can provide our managed services program (MSP) clients with enhanced access to freelancers. twago can be easily adapted to create client-branded freelance recruitment platforms seamlessly integrated with their existing VMS," Michel Stokvis, director of Randstad Sourceright's Center of Expertise in Europe, said. "As a result, employers will be able to access flexible talent more quickly and cost-effectively. It will also lead to greater spend transparency."

Randstad stated that until recently, to accommodate freelancers, many organisations have had to create makeshift systems or take on a costly customized integration with their vendor management systems (VMS). The rise of freelance management systems (FMS), such as twago, enables these employers to enhance talent sourcing and management with minimal effort.

By leveraging the platform's sourcing and project management capabilities, Randstad Sourceright will be able to deliver end-to-end freelance management services as part of its MSP solutions.

"Connected to our central talent analytics hub, TalentRadar, the integration of freelance with other workforce data will provide total talent visibility and enable integrated workforce planning and forecasting,” Stokvis said. “With the goal to drive greater business agility, this will give HR and Procurement a powerful platform to plan for and select the right worker for each role, regardless of worker type across permanent headcount, contingent, SOW or freelancer."