IQNavigator, the leading, independent provider of non-employee workforce management solutions, has unveiled the industry’s first consolidated, multi-sourced talent pool solution at this week’s IQNsiders2015. The new talent pool functionality in IQNavigator’s Vendor Management System (VMS) software will enable HR and procurement professionals to create, engage and manage private, public and supplier-submitted talent pools all on one platform. This has significant benefits for companies in terms of acquiring and managing proven talent efficiently and cost-effectively.
IQNavigator’s talent pools functionality allows for better total workforce management, empowering businesses to more efficiently access and engage highly-skilled, pre-qualified workers from a wider range of talent pool sources or Freelance Management Systems (FMS).
- Private Talent Pools: The new functionality enables HR professionals and hiring managers to manage pools of privately sourced, pre-vetted talent in a simple yet powerful way. Anyone in the company can invite workers to join a private talent pool, which can consist of quality but underutilised talent sources such as alumni, former interns, previous workers and 2nd place FTE candidates.
- Supplier-Submitted Talent Pools: This gives users access to talent from traditional staffing suppliers, allowing companies to manage that data in the same way and in the same place as they manage private and public talent pools.
- Public Talent Pools or Freelancer Management Systems (FMS): HR professionals and hiring managers now have access to new and untapped freelancer talent pools via strategic alliances with Work Market and Elevate, broadening the scope of possibilities for engaging the right talent at the right cost and right time.“
Today’s labour market is more complicated and diverse than ever before, with more and more skilled workers opting for freelance, contract or temporary status. At the same time, businesses are reaping the benefits of engaging non-permanent workers to achieve business goals,” said Joe Juliano, President and CEO, IQNavigator. “The challenge for procurement and human resources professionals has been managing the total workforce—which comes from several sources—in an effective and efficient manner. The new IQNavigator talent pools functionality connects businesses with the right talent for the job, giving them a leg up in the war for talent.”
“The development of this first-of-its-kind talent pool management functionality gives our customers technology that anticipates the kinds of ways they will want to manage their workforce and meet their labour needs. IQNavigator has been at the forefront of VMS and workforce management software for more than 15 years and this is yet another industry first that anticipates our customers’ needs and gives them a competitive advantage in finding great talent and responding quickly to market opportunities,” said Sherri Hammons, CTO of IQNavigator. “This is definitely not your grandfather’s VMS software. The capabilities we are developing elevate workforce management software to a strategic level, making it a powerful tool for achieving the boardroom-level business objectives that fast-moving companies are striving to achieve.”
IQNavigator is unveiling this talent pool solution at IQNsiders this week, providing a sneak preview demo to attendees of the event. General availability of the solution’s first version is projected for Q3 2015. Hosted by IQNavigator, IQNsiders is the annual conference that brings together thought leaders, industry luminaries, more than 100 global companies and procurement/contingent workforce management professionals to share best practices and learn new strategies for effective management on non-employee workforces.
About IQNavigator
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 www.IQNavigator.com.