“The use of non-employee labor continues to grow rapidly in response to changing market conditions,” said Sherri Hammons, CTO of IQNavigator. “To keep pace, global businesses need technology that helps them manage this fragmented talent supply chain.”
Denver, CO (PRWEB) July 17, 2014
IQNavigator, the leading provider of non-employee workforce management solutions to Global 2000 companies, today announced enhancements to its VMS technology including a new analytics and reporting tool, a Value-Added Tax override, and the addition of Multi Login capabilities. These enhancements deliver added visibility into the management of procurement processes and help enterprises make more informed decisions to better manage contingent labor.
“The use of non-employee labor continues to grow rapidly as companies rely more heavily on temporary workers, contractors, freelancers and other contingent labor to quickly adjust their labor force and cost structure in response to changing market conditions,” said Sherri Hammons, CTO of IQNavigator. “To keep pace with these shifts, global businesses need technology that helps them manage this fragmented talent supply chain.”
Following are highlights of the functionality IQNavigator has added.
Dynamic data visualization
IQNavigator’s new analytics functionality allows for increased awareness of data through visualization. The addition of graphing and charting capabilities and dynamic reporting enables users to see their data more easily and more quickly. The ability to see how fast a budget is being consumed, for example, provides new levels of interactivity, which leads to better informed, more empowered decision making. The data analysis and reporting system now allows organizations to design views and explore data using pre-defined data sets. With this new functionality, users will be able to create and save interactive report views and dashboards in an intuitive drag-and-drop interface.
Increased configurability, and flexibility
A new Value Added Tax (VAT) feature will allow suppliers to override the VAT percentage applied to their project agreement payment requests. During payment request creation, suppliers can currently view the estimated VAT percentage and amount that will be applied to the project agreement payment request. With this new release, suppliers will be able to override the default VAT percentage and enter in a percentage of their own, allowing for increased configurability.
To reduce the number of accounts users log into on a daily basis, IQNavigator has added a new user role called MSP User Account. Accounts can be assigned to multiple buyer organizations and can span across multiple managing firms. This allows the MSP User Account to report and transact across multiple assigned organizations from a single account without the need to log in and out of separate organizations.
“By adding features and increasing the functionality of our VMS technology to allow for deeper, more dynamic analytic functionality and additional configurability, our enterprise customers are able to better compete in this evolving global workforce,” added Hammons. “These enhancements affirm IQNavigator’s well-earned reputation for delivering innovations that help our customers manage their workforces more effectively and efficiently.”
For more details, visit IQNavigator’s product and technology roadmaps.
IQNavigator is the leading independent technology provider of Vendor Management System (VMS) software for Global 2000 companies. IQNavigator’s products enable enterprises to intelligently manage and optimize complex services procurement and contingent workforce programs. Since 1999, IQNavigator’s products have been delivering procurement visibility and predictability, helping corporate leaders around the globe increase profitability, mitigate risk and compete more effectively. For more information about IQNavigator and its software, visit http://www.IQNavigator.com.