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Bullhorn, the global provider of customer relationship management (CRM) software for the staffing and recruiting industries, today announced that it has acquired The Code Works Inc. – the makers of VMS Access.
VMS Access is a sort of middleware, making it possible for staffing firms of any size to compete for temp contracts at employers with master supplier contracts or their own vendor management system. With several dozen different software systems in use, an agency has to figure out how to interact with each in order to participate. VMS Access provides that solution, connecting with more than 40 different VMS to collect job requirements and other information and delivering it to the front-end systems most commonly used by staffing agencies. According to the deal press release, VMS Access currently automates the data integration and workflow for filling job openings at over 350 companies.
“With this acquisition, we’re enabling companies to move their front office solutions to the cloud and to take advantage of Web-enabled services that power better decision-making and additional revenue opportunities,” said Art Papas, Founder and CEO of Bullhorn. “Bullhorn VMS Access will help drive Bullhorn’s growth in the VMS industry and beyond. This vendor neutral solution extends Bullhorn’s product portfolio and will allow us to develop new offerings to help improve customer productivity. Long-term, the Bullhorn VMS Access development team will help drive the development of Bullhorn’s data integration offerings, fundamental to our cloud-based Big Data offerings. To drive better decision-making, companies are looking to integrate data from a variety of sources online; Bullhorn VMS Access will provide that engine for our customers.”
Jonathan Novich, Co-Founder and President of The Code Works Inc., will become Bullhorn’s new General Manager of Cloud-Based Integration Technologies said: “Being a part of the Bullhorn family will enable rapid product expansion and accelerated platform development for customers of Bullhorn and The Code Works Inc. Beyond that, they have a strong vision for the future with Bullhorn providing a comprehensive set of cloud-based, front office services to help companies manage their customer relationships better. We’re excited to be part of that vision.”
Headquartered in Boston, Bullhorn services international customers through offices in Vancouver, London, and Sydney.
Bullhorn’s acquisition of VMS Access is a logical step for the privately held company according to John Zappe writing in ere.net. Since itself being acquired two years ago by Vista Equity Partners, Bullhorn bought up two of its competitors — MaxHire and Sendouts — and acquired a time-and-billing vendor. The acquisitions gave Bullhorn, a temp and contract staffing vendor, a strong position in the executive search market and added a missing piece to its SaaS software suite.
With the addition of VMS Access, again according to Zappe: “Bullhorn gains a competitive advantage by owning the only ubiquitous tool that works with so many VMS types. While the company says it will continue to offer VMS Access to non-Bullhorn customers on a standalone basis, integrating it with the company’s offerings makes for a powerful combination of services that works with client databases, sourcing, time and attendance, billing, and other front and back-end services."
Bullhorns says it will retain the six member Code Works staff, all of whom work remotely. No purchase price was disclosed.