Upwork named on Spend Matters 50 Providers to Watch in 2018 for the fourth year in a row

Spend Matters acknowledges Upwork as an innovative leader in contingent workforce procurement

MOUNTAIN VIEW, Calif., May 09, 2018 (GLOBE NEWSWIRE) -- Upwork, the largest global freelancing website, today announced that for the fourth year in a row it has been named by Spend Matters as one of the ‘50 Providers to Watch’ in the 2018 Spend Matters Almanac. The 50 Providers to Watch list highlights exciting, up-and-coming players that are driving innovation in the procurement market.

"Upwork continues to be the most well-known, global marketplace for online freelancers and it is increasingly known for its Upwork Enterprise solution," says Andrew Karpie, Research Director of Services and Labor Procurement at Spend Matters. "Upwork Enterprise is definitely worth watching. The company has been significantly investing in its technology as well as building out a range of complementary talent service offerings."

“We’re honored to be included in Spend Matters 50 Providers to Watch list for the fourth year in a row,” said Stephane Kasriel, CEO of Upwork. “Barriers to talent can be the single biggest factor prohibiting a company’s success. The smartest managers are innovating the way they source workers in order to gain competitive advantage. Upwork helps break through traditional hiring barriers to quickly identify the best talent online. Our enterprise solution combines technology, sourcing and talent services to reduce cost and decrease time-to-hire while simultaneously providing superior access to the largest pool of skilled talent available online.”

Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions. The 50 Providers to Watch list is the result of deep analysis and corroboration among all Spend Matters analysts and reflects the publication’s unbiased, independent view of the organizations to know and watch.

About Spend Matters - Solution Intelligence for Procurement
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.

About Upwork                                                                                                                                  
Upwork is the largest global freelancing website. As an increasingly connected and independent workforce goes online, knowledge work — like software, shopping and content before it — is shifting online as well. This shift is making it easier for clients to connect and work with talent in near real-time and is freeing professionals everywhere from having to work at a set time and place. Our company’s mission is to create economic opportunities so people have better lives.

Upwork Enterprise combines technology and services, giving companies a single solution that makes it simple, quick and cost effective to access qualified freelance talent. Twenty eight percent of Fortune 500 companies and other notable companies utilize Upwork to find and engage freelancers, including organizations such as Airbnb, Dropbox, and Juniper Networks. The company is headquartered in Mountain View, Calif., with offices in San Francisco, Chicago and Oslo, Norway. For more information, visit our website at www.upwork.com, join us on Twitter, Facebook and LinkedIn.


A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/8969911d-8e17-48ce-a9a5-c9c4de2c0cc0