IQNavigator, the leading, independent provider of non-employee workforce management solutions, is launching the industry’s first advanced analytic job matching solution today at IQNsiders2015. It features a new user interface for IQNavigator’s vendor management system (VMS) software that leverages embedded predictive analytics to match jobs and projects with the right contingent workers. This represents a major advance in usability and functionality for this important aspect of procurement and hiring managers’ responsibilities.
“The hurdles we are addressing in the recent and upcoming enhancements to IQNavigator’s software are bigger than the VMS industry. Procurement and human resources professionals—now and in the foreseeable future—need the tools to engage and effectively manage an agile, flexible and talented workforce,” said Joe Juliano, President and CEO, IQNavigator. “Our objective is to help companies match the right talent with the right roles and achieving success allows for rapid innovation across the enterprise.”
IQNavigator’s embedded analytics draw on 14 years of exclusive data from the IQNavigator system in addition to a client’s own data to power data-driven decision-making in order to match resource requirements with the right job titles and candidate attributes with the right candidates. Additional data science and predictive analytic features will start to roll out in the second half of 2015.
“This is really just the start of our analytic offering,” said Sherri Hammons, CTO, IQNavigator. “Last year, we created a Data Science organisation with the primary goal of shifting the industry from manual reporting to advanced analytics that help drive business decisions in real time. The development of this new interface and its embedded analytic and predictive capabilities are a major milestone in the Data Science team’s work. I am proud of how this team has begun to focus our technology on improving how our customers find talent and there is so much more to come.”
This new interface makes lengthy, manual tasks in talent acquisition and management easy and intuitive, and enables better decision making through data science. Users can:
- Build and submit accurate job descriptions and requisitions with little industry knowledge about those positions
- Match the skill sets with their job requirements and desired business outcome
- Help predict resource time to fill based on candidate attributes
- Help predict market-based rates based on candidate attributes
- Evaluate and compare which candidates best meet the job requirements
- Enable faster onboarding and deployment of talent
- Educate hiring managers on how to source the right role for the right job
- Enable contingent program managers to edit, add to and approve actions implemented by hiring managers
IQNavigator is unveiling its first of many advanced analytic workflow solutions 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.
