DENVER, Sept. 19, 2012 /PRNewswire/ -- IQNavigator, the leading provider of services procurement solutions to Global 2000 companies, was named a Stevie® Award winner in two categories of The 2012 American Business AwardsSM. The prestigious awards recognize excellence in areas such as innovation, product development and corporate management. At the awards ceremony held Monday in San Francisco, IQNavigator was twice named an award recipient for New Software Product of the Year – a Silver winner for Supply Chain Management Solution and a Bronze winner for Human Capital Management Solution.
IQNavigator's cloud-based vendor management system (VMS) software helps Global 2000 companies better manage all types of procured services as well as their external workers around the world. This year, IQNavigator also won the industry's first CODiE Award for Best Supply Chain Management Solution, as well as Most Innovative Company of the Year and Best Overall Company in Europe by Best in Biz 2012.
"We are highly focused on delivering the most innovative and intuitive business intelligence tools for our customers and winning the prestigious Stevie award in two categories is a testament to that commitment," said Lou Andreozzi, president and CEO of IQNavigator. "We are honored to have our products recognized among this deserving group of innovative companies and thank the American Business Awards as well."
Both awards were based on IQNavigator's product innovations in its new IQNtelligence reporting suite and IQNdex market-rate index of temporary labor bill rates. IQNdex is the first and only index that tracks trends in the quarter of the U.S. labor force comprised of freelancers, contractors, temps and other non-permanent workers. Providing data and analysis about non-permanent workers not available from any other organization IQNdex immediately became an indispensable information tool for companies, organizations and government entities interested in temporary labor trends.
More than 3,000 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. Stevie Award winners were selected by more than 270 executives nationwide that participated in the judging process this year.
IQNavigator is the proven leader in services procurement solutions, helping global enterprises better manage all types of procured services and theirexternal workers around the world. IQNavigator's cloud-based VMS software processes tens of billions of dollars in yearly services spend, enabling clients to intelligently manage and optimize the cost-effectiveness, compliance, visibility and efficiency of complex services procurement and contingent workforce programs. For more than a decade, IQNavigator has been the leader in providing innovative technology solutions for managing companies' procured services including statement of work and project-based consultants, contractors, temporary workers and other contingent workers,. For more information about IQNavigator and how its industry-leading offerings such as IQNtelligence are helping many of the world's most respected companies, visit www.IQNavigator.com.
About the Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
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