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Corporate Resource Services Engages Equifax Workforce Solutions To Increase Profitability

Stocks in this article: CRRS

Corporate Resource Services, Inc. (OTCBB: CRRS), a diversified technology, staffing, recruiting, and consulting services firm, today announced that it has engaged the services of Equifax Workforce Solutions, a Division of Equifax, Inc. (NYSE:EFX) to assist in the management of unemployment costs.

“We are extremely excited to select Equifax Workforce Solutions to assist us in managing our internal unemployment process,” said Mark S. Levine, Chief Operating Officer of Corporate Resource Services, Inc. “This partnership will enable us to build a targeted strategy to control these costs in every branch we operate throughout the Unites States. Equifax Workforce Solutions has a proven methodology to capture tremendous savings in organizations like ours and the Equifax team is truly dedicated to making sure CRS benefits form their expertise.”

“Corporate Resource Services will realize incremental savings by engaging Equifax Workforce Solutions and we’re currently in the process of establishing the necessary data exchange to commence our program,” said Michael J. Golde, Chief Financial Officer of CRS. “As they have done with many companies in the staffing industry, we are looking forward to Equifax improving the efficiency of our unemployment process with their proven system. We expect that this will translate to lower costs and higher gross margins, increasing our profitability and our shareholder value.”

About Corporate Resource Services, Inc.:

Corporate Resource Services, Inc. provides cloud-based enterprise applications and hosting services to PEO and staffing companies, as well as diversified staffing, recruiting, and consulting services. The Company offers trained employees in the areas of Insurance, Information Technology, Accounting, Legal, Engineering, Science, Healthcare, Life Sciences, Creative Services, Hospitality, Retail, General Business and Light Industrial work. The company’s blended staffing solutions are tailored to our customers’ needs and can include customized employee pre-training and testing, on-site facilities management, vendor management, risk assessment and management, market analyses and productivity/occupational engineering studies.

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