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Recruitment software provider Bond International Software (BDI: LSE) announced yesterday that it has signed a contract extension with US-based staffing firm Elwood Staffing to provide its recruitment and staffing software.
Elwood Staffing, following the acquisition of SOS Employment Group in February of 2013 has annual revenue of more than USD 800 million and ranks in the top 20 of all US staffing companies. Elwood Staffing will gain operational efficiencies among its now nearly 1,000 employees with the deployment of Bond’s recruiting and staffing software throughout the combined organisation.
The relationship with Elwood staffing and Bond International Software spans 13 years and has grown from 40 licenses to nearly 500 licenses. The expansion of the contract throughout the enlarged organisation will increase the number of licenses to nearly 1,000.
Financial details of the contract extension were not released.
John Elwood, President of Elwood Staffing commented: "We selected Bond's staffing and recruiting software rather than other solutions for a number of reasons. First, Bond's reputation within the industry played a strong part in our decision. We needed an integrated solution with a strong back office that could scale to meet our growth plans."
“Our review of our processes and software was driven by the needs of our well-established cultures of sophistication, entrepreneurship and innovation. Bond’s software came out on top as our choice to support our vision for several reasons, but perhaps most important to us was Bond’s commitment to us over the years – and in the future – to deliver the software and services we need to reach our goals,” he added.
Steve Russell, CEO of Bond International Software, commented: “Elwood Staffing is an amazing story of success. With the acquisition of SOS Employment Group, the firm now services 6,000 clients annually and places some 27,000 temporary associates daily. We are very pleased that they’ve chosen Bond to support their operations and help them achieve their vision. Elwood’s trust in Bond’s capabilities is a testament to Bond’s excellent support, reliable software and the formation of a good partnership consistently demonstrated over many years. This is the kind of winning partnership we want to have with all of our customers.”