Allocate acquires vendor management software provider 247 Time

Staffordshire’s Allocate acquires Leicestershire vendor management software provider 247 Time as part of its strategy to help improve interoperability between agency systems and bank and eRostering software.

The acquisition of 247 Time will enable end-to-end links between agency systems and bank and eRostering software so healthcare organisations can source staff quickly, safely and cost-efficiently. The global shortage of healthcare staff means that organisations in many countries are reliant on staffing agencies.

Chief executive Nick Wilson said: “This is an important addition to Allocate and a key element in ensuring that our solutions meet the diverse and demanding workforce needs of the healthcare sector.

“This is a very natural extension for us, bringing functionality that our customers have asked us to add.

“The 247 Time solutions together with our partnership approach will allow us to empower our customers with choice, ensuring they have an option that is right for them.”

Dave Brooks, managing director 247 Time, added: “I am thrilled the 247 Time team is joining Allocate, as many of our customers already use Allocate’s leading e-Rostering solutions.

“Our combined offering will be a significant benefit to customers and others by providing more joined up solutions and improved agency control.”