Yoh (http://www.Yoh.com), a provider of high-impact talent and recruitment outsourcing services, and a unit of Day & Zimmermann, announced today that sales generated by the companyís innovative Yoh Exchange recruiting and HR management portal were $135 million in 2004, a 38% increase over 2003ís $98 million in sales. Further, a 2004 study by Peppers & Rodgers finds Yoh is on track to realize a 60% internal rate of return on its investment in the Yoh Exchange.
The Yoh Exchange is an integral part of the way we do business, according to Bill Yoh, President and CEO of Yoh. Our customers, consultants and supply chain partners recognize the unique value that the Yoh Exchange brings to them. Our user managers, in particular, see how the Yoh Exchange frees up time so they can focus on their core responsibilities. For Yoh, eBusiness is business as usual.
The Yoh Exchange (www.YohExchange.com) leverages the power of the Internet to bring recruitment and employee management online. Developed through an alliance with SAP, the Yoh Exchange integrates staffing planning, policy and profile management tools, staffing management, and on-site customer support into an easy to use, end-to-end, online HR solution.
Nearly 4,000 contractors and HR managers currently use the Yoh Exchange for weekly payroll, invoicing and customer cost reporting. Many of Americaís largest employers have adopted the Yoh Exchange to reduce staffing costs, increase HR efficiency and effectiveness, and consistently hire the highest quality talent. Customers have reported that their use of this eBusiness solution has also significantly improved their time approval process, established faster time-to-fill ratios, and simplified transactions by serving as a portal to integrate content, community and commerce.
Powered by SAP R/3, mySAP CRM, and SAP NetWeaver, the Yoh Exchange won several of the ERP and HR staffing industryís top awards in 2004, including the 2004 SAP Userís Group (ASUG) Impact Award, and an American Staffing Association Communications Award.
The Yoh Exchange is the centerpiece of a four-year technology strategy designed to accelerate customer success through optimization of their business strategies and processes. Yoh Exchange serves as a springboard to transform Yoh into a pioneer in automating staffing and recruitment, and leader in staffing services.
Our goal was to create a job recruitment portal that gives customers the benefit of our 65 years of staffing experience, and seamlessly integrates with their business processes, says Jim Lanzalotto, Vice President of Strategy & Marketing for Yoh. In one year, the Yoh Exchange made its mark in the HR industry, and has validated our strategy of integrating the concepts of content, commerce, and community for customers, employees, and staffing suppliers.
News sourced from Yahoo!
Yoh Generates $135 Million in Sales Through Online Recruiting and HR Management Portal
The Companyís Flagship Yoh Exchange eBusiness Portal Produces 38% Increase in Sales Over Last Year
