Partners Fuel New Era of Workforce Intelligence by Providing a Holistic View of Employee and Non-Employee Labor
DENVER, Jan. 19, 2015 /PRNewswire/ -- IQNavigator, the leading provider of non-employee workforce management solutions, today announced a strategic partnership with Visier, the innovation leader in workforce intelligence. Through the partnership the companies will transform workforce decision-making by delivering to business leaders insights that span their complete, extended workforce.
As found in a recent studyi by Harvard Business Review Analytic Services, "a growing number of corporate boards, CEOs, and CHROs understand that by applying data-driven tools to improve decisions about talent, they can improve revenues and profits." In alignment with this, ninety-one percent of respondents to a poll performed recently said their organizations plan to increase workforce analytics capabilities within the next twenty-four months.ii
IQNavigator and Visier are responding to this market demand with an integrated approach that combines non-employee (or contingent) labor data from IQNavigator's Vendor Management System (VMS) with employee data from Visier's Workforce Intelligence solutions.
"Making faster, fact-based decisions regarding total workforce is a daily concern for our customers, especially with a growing reliance on non-employee labor to quickly fill talent gaps," said Joe Juliano, president and CEO of IQNavigator. "Our partnership with Visier will revolutionize how our customers view and act on their extended workforce. For the first time, they'll have easy access to the direct and indirect costs related to managing permanent and non-employee labor, which typically represents as much as 70 percent of a company's total costs."
"Visier's Workforce Intelligence solutions shine a light on what may otherwise be organizational blind spots, letting HR and business leaders uncover opportunities for optimization, predict future trends, develop data-driven plans, and take proactive actions," said John Schwarz, Visier founder and CEO. "Our partnership with IQNavigator allows organizations to easily extend this value to their total workforce, including employees and all contingent staff. For the first time, customers can easily analyze their entire workforce together – against the same measures – to optimize their business results."
The companies' distinct focus on Total Workforce Visibility is designed to provide deeper insights into talent sourcing and management.
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 www.IQNavigator.com.
Headquartered in Vancouver, B.C. and San Jose, CA., Visier provides Workforce Intelligence solutions that are the foundation for HR Transformation. Visier's cloud solutions support the complete insight to action loop, letting organizations understand and plan — with precision — how to best recruit, retain, and motivate their workforce. Visier turns complex, siloed workforce data into insights, letting companies develop and align on the right people strategy and translate that strategy into actionable workforce plans. Visier does this in the cloud as a service, available anytime, anywhere at a fraction of the cost of traditional solutions.
Founded by business intelligence experts—including former Business Objects chief executive officer, John Schwarz—the company's leadership team has a proven track record of technical, operational, and strategic management success with companies such as IBM, SAP, and Oracle. With millions of customer employee records in the cloud, Visier is experiencing significant growth. For more information, visit http://www.visier.com.
To learn more about IQNavigator's Global Strategic Alliance Program, please email: [email protected].
i HR Joins the Analytics Revolution, Harvard Business Review, July 2014.
ii The State of the Workforce Analytics and Planning: 2014 Survey Report, Visier.