...a VMS system is mission critical for securing the right talent at the right price. A VMS also helps companies adhere to regulatory statutes and manage the entire lifecycle – from onboarding to off-boarding, and everything in between.
PHOENIX and DENVER (PRWEB) April 09, 2015
At IQNavigator’s annual IQNsiders opening event in Phoenix, Joe Juliano, IQNavigator president and CEO, addressed an audience of partners, customers and procurement industry professionals. Juliano’s speech focused on the trends, challenges and solutions related to today’s complex labor force and evolving market.
IQNavigator, the leading, independent provider of non-employee workforce management solutions, hosted IQNsiders2015 this week at the JW Marriott Phoenix Desert Ridge. The annual event brought together IQNavigator’s community of partners, customers and procurement industry experts to innovate, elevate and transform the way global 2000 companies approach and address the growing contingent workforce and evolving challenges inherent in the varied talent pools.
In his address, Juliano called out three labor market trends impacting the procurement industry: a shortage of skilled labor, companies’ need for workforce flexibility and employers seeking new ways to engage non-employees.
“We are seeing a convergence of trends that affect the supply and demand of labor, as well as evolving preferences – on the part of both companies and workers – for approaching employment,” said Juliano. “At the same time, many companies are not positioned to mitigate the risks and address compliance requirements associated with managing this diverse talent pool. HR systems were never designed to solve non-employee labor, SOW spend, business process outsourcing, or the myriad other processes for managing contractors and freelancers. This is why a VMS system is mission critical for securing the right talent at the right price. A VMS also helps companies adhere to regulatory statutes and manage the entire lifecycle – from onboarding to off-boarding, and everything in between.”
Juliano also discussed the most important procurement issues being faced by IQNavigator’s customer base, which is made up household names across the Global 2000. With global deployments in more than 40 countries and 750,000 daily users, procurement professionals are asking questions that include:
- How can I use a technology platform to enforce my company policies?
- How can I use private talent pools for sources of supply beyond traditional recruiting to address labor shortages?
- How can I adjust on-boarding and off-boarding processes to help with risk and compliance?
- How do I deploy best practices to grow programs?
Through technology leadership, a partner ecosystem and a focus on the customer experience, IQNavigator is helping its customers address labor trends and challenges, and answer the most pressing procurement questions. To illustrate, Juliano outlined key areas of recent and near-term focus for IQNavigator, including:
- Access to expanded labor types
- Modernizing the underlying application to develop and support technologies in a faster, more responsive manner
- Data science exploration through IQN Labs
- Embedded predictive analytics
- Increased support coverage from three global support centers
- IQNConnect - IQNavigator’s global strategic alliance program
- Integration with partner solutions to transform how the “innovative workforce” is sourced and managed
For updates and insights from IQNsiders2015, search #IQNsiders2015 and follow @IQNavigator on Twitter, Facebook and LinkedIn.
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 has 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.
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Sherri Hughes-Smith, IQNavigator