Beeline, the leading technology solution provider for managing the global extended workforce, announced it has agreed to acquire Utmost, a next-generation extended workforce solutions company. With Utmost, Beeline will enable companies to access total talent insights across their entire workforce of employees and non-employees and will rapidly advance its vision of bringing solutions that tailor to the needs of every participant in the extended workforce process under one platform.
“The future of work is powered by technology that unlocks the potential of every worker, regardless of classification,” said Doug Leeby, Beeline CEO. “We have a disciplined history of only acquiring companies that are rightful technology leaders that will deliver further value to our customers. The Utmost acquisition is particularly exciting in that it complements and accelerates our strategic roadmap and delivers clever and unique solutions to our customers on day one.”
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Founded and created by two former senior Workday product professionals, the Utmost technology allows customers to view, in real time and in aggregate, both employee and non-employee workforces by location and reporting structure. With Utmost’s approach, companies gain valuable total talent insights without the risk of co-mingling data in ERPs or HCMs, reducing co-employment concerns. Using that knowledge, companies are better equipped to optimize their total workforces.
Utmost’s technology delivers an innovative approach to enterprise software connectivity. Utmost Connect provides more than 1,000 pre-built connectors to accelerate enterprise and third-party application integrations.
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The acquisition of Utmost will also allow smaller and mid-size companies to better customize the management of their extended workforces as well as allow enterprises and partners to tailor contingent workforce management for internal divisions and new markets.
“Beeline shares our vision of using technology to bring extended workforce management to every level of the organization and value to every stakeholder of the contingent workforce ecosystem,” said Utmost CEO and co-founder Annrai O’Toole. “Beeline’s innovation is not only centered on current workforce challenges but is driving the optimization of tomorrow’s workforce.”
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