Workday announced this afternoon that it intends to acquire VNDLY, a Mason, OH startup that helps companies manage external workforce personnel for $510 million. Pete Schlampp, chief strategy officer at Workday, says as the face of work changes, companies need a way to manage contractors and VNDLY gives them that. Folding that capability into the Workday platform expands their capabilities with an offering that customers will need in the future. "VNDLY is at the forefront of the vendor management industry with an innovative and intuitive approach. The two companies were not strangers to each other as VNDLY lists Workday as an integration partner on its website.
VNDLY is an Ohio-based cloud platform that offers solutions including external workforce management and talent acquisition for sectors such as healthcare, energy and finance.