nextSource Inc., a subsidiary of Formula Systems Ltd., is the leading provider of human capital management solutions. The company designs, develops and implements innovative Web-based workforce management solutions. nextSource products and services allow customers to manage business processes such as:

  • Job posting and fulfillment
  • Vendor selection
  • Evaluation and management
  • Accrual of spend
  • Compliance and risk mitigation
  • Skill set and market-rate benchmarking.

An Oracle and Microsoft Certified Partner, nextSource has patents pending on both its Talent Acquisition Management Solution (TAMS) and The PeopleTicker.

Companies of all sizes, across all industries, benefit from nextSource's end-to-end enterprise–wide human capital management solutions. nextSource’s unique suite of products and services manage, implement and optimize workforce needs -- ranging from vendor management programs, salary and rate benchmarking, payrolling, staffing, agency exchange, and procurement and HR consulting services.

nextSource and the mlsa™ are based in New York, NY and operate offices across the U.S. and 53 locations globally.

Founded in 1985, Formula Systems Ltd. (NASDAQ: FORTY) is an international information technology company, principally engaged through its subsidiaries and affiliates, in providing proprietary software products, computer-based solutions and software consulting services.