Elance today announced 2005 achievements – customer growth, major product release, international expansion, and SAP certification – solidifying Elance's market leadership in services and contractor management.

Elance today announced that it has passed the $3 Billion threshold in spend on contingent labor and contractors managed in its Services & Contractor Management solution and unveiled new capabilities in Elance 5 designed to optimize global rollouts for its enterprise customers.  Elance's experience and capabilities lay the foundation for enterprises to reap the gains in costs savings, compliance and performance across their contingent staffing operations and broader services procurement initiatives.

Elance today announced that a service provider on the Elance Marketplace has achieved $1 million in revenue. SynapseIndia, a software and technology consulting firm headquartered in New Delhi, has used the Marketplace as a sales channel for over 4 years to access and serve small and mid-sized businesses the world over. In reaching this critical milestone, SynapseIndia foreshadows that the future of the workplace has arrived.

Elance today announced that one of its enterprise customers has passed the one billion dollar threshold in annual transactions managed with Elance's Service and Contractor Management solution.

Elance, Inc. has been named to the 2005 Supply & Demand Chain Executive 100. The Supply & Demand Chain Executive 100 is an annual list that honors the top supply chain solution providers that are helping to transform the way companies do business in the area of supply and demand chain management.

Elance announced record business growth in 2004. For the fourth consecutive year, Elance revenues were double the previous year's. The number and scale of deployments of the Elance Enterprise application suite grew dramatically resulting in the transacted spend increasing over nine times and the number of suppliers enabled quadrupling from the previous year. Elance expanded its relationship with virtually all its existing clients and added many new customers. Elance formed marketing alliances with two global system integrators. Industry analysts continued to recognize Elance as the leader in services supply management.

Elance has been named to the 2004 Supply & Demand Chain Executive 100. The Supply & Demand Chain Executive 100 is an annual list that honors the top supply chain solution providers and vendors that are helping to lead and transform the way companies do business in the area of supply and demand chain management.