SOURCE: IQN

IQN

October 04, 2016 09:00 ET

IQN to Share Insights on the Future of Services Procurement at IBM Empower 2016 Conference

IQN Thought Leader to Address Explosive Growth of Contingent Labor and Expanding Role of Procurement in Strategically Managing This Fast-Growing Category of Spend

DENVER, CO--(Marketwired - October 04, 2016) - IQN, the leading, independent provider of contingent workforce management solutions, will join other thought leaders dedicated to advancing procurement and supply management best practices at the IBM Empower 2016 Conference on October 4-6 in Orlando, Florida.

With industry experts projecting that contingent labor -- contractors, consultants, freelancers and other temporary labor -- will comprise 50 percent or more of the workforce by 2020, Chief Procurement Officers are increasingly being called upon to develop strategies and programs that optimize their organization's tech-driven labor supply chain.

Brian Hoffmeyer, IQN Group Vice President, Marketing Strategies, will share his insights on contingent labor trends and opportunities during a main stage presentation. A Certified Contingent Workforce Management Professional (CCWP) with 12-years in the industry, Hoffmeyer will discuss factors driving the rapid growth of contingent labor and the evolving importance of Procurement's role in managing this large category of spend.

"CEOs view contingent labor as mission critical to their operational goals, making it the fastest-growing sub-segment of procurement," says Hoffmeyer. "Yet, too often organizations rely on systems that do not support the complexities of services procurement. With limited visibility and control of spend initiated by various business units throughout the organization, procurement teams are struggling to ensure standardized rates and contractual terms for contingent workers; let alone monitoring who has access to buildings and systems, or intellectual property. The risks are real!"

Hoffmeyer, along with other procurement luminaries, will tackle these issues and share strategies that help procurement leaders prepare for the future during the October 5th General Session which begins at 8:30 am (EDT) at The Hilton Orlando at Lake Buena Vista Hotel.

"With the right tools and automated processes, procurement leaders can ensure that their flexible workforce is managed with supply chain rigor and control across their organization," says Hoffmeyer. "The innovation now available is transforming services procurement by delivering end-to-end spend management capabilities for greater visibility, 100 percent compliance, risk mitigation, full KPI analytics, and more."

IQN and IBM® Emptoris® Address End-to-End Services Procurement
IQN and IBM® Emptoris® recently established a co-sell relationship to offer an end-to-end services procurement solution that comprises both strategic sourcing and contingent labor capabilities. IQN Compass Vendor Management System (VMS) is a services procurement solution for automating and enhancing all types of contingent labor, while IBM Emptoris' solution delivers program management, supplier life cycle management, spend analysis, sourcing and contract management capabilities. Together, the solutions automate and streamline the full procurement lifecycle for complex third-party service categories.

For more information, contact: kbuchanan@iqn.com.

About IQN
IQN is the leading independent technology provider of Vendor Management System (VMS) software for Global 2000 companies. IQN's products enable enterprises to intelligently manage and optimize complex services procurement and contingent workforce programs. Since 1999, IQN'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, visit www.IQN.com.

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