profile updated Jul 2, 2008, 7:25 PM

TAPFIN is the product of the merger of TWC Group (formerly T. Williams Consulting LLC) and an internal unit of parent company Comsys IT Partners. Comsys acquired TWC Group in Dec. 2007 for $16.5 million, plus up to another $7.5 million in incentive payments.

TWC Group provided recruitment process outsourcing (RPO) and human resources outsourcing (HRO) services. The internal Comsys unit managed staffing vendors, independently and on behalf of Comsys' mostly IT customers, and also provided project oversight, managing the work of consulting firms and others. In June, Comsys combined the groups into a single unit, branding it TAPFIN Process Solutions. TAPFIN now works in three primary areas: vendor management services, recruitment process outsourcing and services procurement management.

TAPFIN's 250 clients cut across several industries including healthcare, pharmaceutical, insurance and financial services, manufacturing, professional services, retail and telecommunications. These range from Fortune 500 firms to young companies in the emerging growth sector, where TWC had its roots. It began as a company that worked with venture capital firms to assemble the core management teams for startup companies that were being funded by the various VC firms with which it was working.

From Comsys TAPFIN gets its expertise in vendor management and services procurement. The latter is especially common with tech services, where projects and parts of projects may be outsourced to indpendent contractors and small code shops across the planet.

In addition, TAPFIN  also offers human resources outsourcing and executive search.

One especially useful feature of the company website is the industry definitions. Here's how TAPFIN defines RPO: "Partial or full outsourcing of the internal recruitment function for the hiring of direct employees."

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Products & Services

  • RPO

    Covers the entire recruitment process lifecycle, from requisition management and sourcing to interviewing, on-boarding and performance metrics. Service is end-to-end or on-demand or by project. Also offers traditional executive search.
  • Executive Search

    Traditional executive search with a special expertise in finding C-management for start-ups and emerging growth companies. Typically retained by VCs and equity firms on behalf of their portfolio companies.
  • HRO

    End-to-end human resource outsourcing or components of the HR function on-demand. Full range of HR functions from recruitment to separation, including compensation, benefits administration, employee communications, compliance, performance management, employee development and more.
  • Vendor Management

    Manages the sourcing, selection, on-boarding, engagement and separation processes associated with contingent workers, employing a managed service provider (MSP) approach.
  • Services Procurement

    TAPFIN's services procurement management (SPM) provides full procurement support for the acquisition and administration of outsourced projects and services vendors from project inception and RFP creation through project delivery and completion.

TAPFIN Process Solutions

4400 Post Oak Pkwy
Suite 1800
Houston, TX 77027
phone:
713.386.1400
email:
ticker:
CITP (PARENT)
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Company Details

Facts and figures about TAPFIN Process Solutions

Year founded
1996
Number of employees
50-99
Annual revenue
$6.5 million (2007, Hoover's)

People

Key employees at TAPFIN Process Solutions

  • Kip Wright
    President