SOURCE: IQNavigator, Inc.

IQNavigator, Inc.

September 30, 2010 15:12 ET

IQNavigator Leads the Field of Services Procurement Vendors

Independent Research Firm Finds IQNavigator a Leader in Services Procurement

DENVER, CO--(Marketwire - September 30, 2010) - IQNavigator, Inc., a SaaS (software as a service) provider of solutions to manage procured services and the extended workforce, today announced that they were recognized as a leading services procurement software vendor with the highest scores in both areas of "Current Offering" and "Strategy" by Forrester Research, Inc. in their newly published report The Forrester Wave™: Services Procurement, Q3 2010 (September 2010). In summarizing their findings about IQNavigator, Forrester indicated that "IQNavigator provides an all-around excellent solution."

Using a detailed assessment including 100 criteria and customer feedback, Forrester evaluated the strengths and weaknesses of eleven of the top services procurement vendors. According to the report, "IQNavigator is a good option for large, global companies with significant levels of services spend looking not only to manage contingent labor but also expand into project-based services."

IQNavigator was the number one rated provider in the category of "Current Offering" for the Project-based/SOW Services Procurement. According to the report, IQNavigator "is the furthest along on the project-based/SOW services front with marquee customers... IQN scored highest in current functionality as result of recent R&D investments and strong functionality..."

"Being named a leading vendor for services procurement by Forrester is a significant accomplishment and reflects both our leadership position in the industry and the ever-increasing value that we deliver to clients," said Lou Andreozzi, President and CEO of IQNavigator. "As a pioneer in enterprise-class SaaS offerings, we are pleased to be recognized for our full-featured solutions."

"We have already released two major new versions (10.1 and 10.2) of our solution since the version evaluated by Forrester, adding even more functionality and product innovations for all our clients including enhanced smartphone offerings and reporting analytics," said John Martin, Chief Operating Officer of IQNavigator. "Our product team is gratified to have our product recognized as a leader in Services Procurement and we look forward to showing clients and prospects our many exciting new product capabilities."

For additional information on the Forrester evaluation of IQNavigator or to download The Forrester Wave™: Services Procurement, Q3 2010, please visit

About IQNavigator
IQNavigator is the leading provider of services spend management software and managed services that enable global companies to gain visibility and control over a significant and strategic corporate spend category. With proven domain expertise and innovative technology solutions, IQNavigator helps turn complex services spend into a new source of value, competitive advantage and continuous bottom-line improvement.
For more information, visit

Contact Information

  • Contact Information:
    Brian Owens
    IQNavigator Marketing
    Email Contact