IQNavigator’s LaunchIQ Simplifies Global 2000’s Move into Services Procurement

DENVER--(BUSINESS WIRE)--IQNavigator Inc. has unveiled LaunchIQ, an enhanced implementation methodology that sets a new industry standard for services procurement and Vendor Management System (VMS) deployments, by enabling clients to easily incorporate system integrations, global rollouts and enhanced support services. LaunchIQ is a standard element of IQNavigator’s engagement model with clients who select its award-winning SaaS (Software as a Service) application for sourcing, managing and optimizing all types of services spending.

“LaunchIQ exemplifies our commitment to help clients solve core business challenges related to services procurement.”

“No other services procurement provider has an implementation methodology this comprehensive and that is derived from a track record of so many successful deployments. LaunchIQ provides a blueprint for successfully delivering the desired business benefits with our dedicated project teams, and provides a foundation for continual optimization and expansion of client services procurement programs,” said Lou Andreozzi, president and CEO of IQNavigator. “LaunchIQ exemplifies our commitment to help clients solve core business challenges related to services procurement.”

LaunchIQ incorporates best practices from hundreds of successful implementation projects and over a decade of experience, and is based on four pillars that deliver success quickly and with greatly reduced project risk:

Proven Toolkits – LaunchIQ starts with specialized toolkits for each type of service category and geography, infusing best practice-based process design and proven configurations into all types of programs. The toolkits ensure client stakeholders will benefit immediately from IQNavigator’s wealth of experience and knowledge and avoid common pitfalls across all impacted areas.
Extensive Integration Capabilities – By leveraging its IQGateway integration toolkit, IQNavigator leads the industry in the ability to quickly integrate with internal client systems. With more than 400 system integrations across dozens of different system touch-points, IQGateway enables fast delivery of fully custom integrations with client systems during implementation to provide accurate information and efficient processes from day one. Integrations are also continually monitored and maintained across releases by IQNavigator to ensure long-term automation with no client effort.
Industry-Leading Global Rollout Experience – True global success requires more than language and currency translations, so IQNavigator has invested in thorough localization analyses in every localized country, including requirements for taxation, e-invoicing, data privacy, and many other areas. Combined with a unique approach to multi-country and continent-wide deployments, LaunchIQ enables global rollouts for worldwide visibility into services spending and the extended workforce, and global enforcement of key policies and procedures where desired.
Unmatched Team Experience, Expertise, and Size – With hundreds of successful implementation projects, IQNavigator has built the largest and most experienced implementation group in the industry, with an average tenure with IQNavigator of more than five years. IQNavigator dedicates the core team to the client project, ensuring that the client is always the only priority for the team and to consistently and proactively manage project risks. The team is augmented by an extensive array of subject-matter experts from our Solutions Group that provide best-practices and expert-to-expert collaboration in key areas such as finance, accounting, change management, supplier management, localization, and others.

Using the LaunchIQ methodology, IQNavigator recently completed a successful deployment for global financial services company Manulife and its U.S. division of John Hancock. This deployment included five systems integrations between IQNavigator and client systems, both off-the-shelf and proprietary client systems. The go-live helped Manulife meet its goals around cost savings, process efficiency, and non-employee worker tracking, and set the foundation for a global program across multiple categories of services.

“IQNavigator’s industry knowledge, implementation tools, and dedicated team were instrumental in the success of our roll out. The IQNavigator team was onsite, guiding us through the process and providing recommendations along the way. They assisted in successfully navigating through the change and communication processes in addition to the many technical aspects of the project,” said Melissa Vacon, Assistant Vice President at John Hancock. “They were a true partner and trusted advisor for us during this effort.”

In another case, an East Coast financial services firm had difficulty implementing over almost nine months with another services procurement system, and after switching to IQNavigator, went live in only 10 weeks with seven custom system integrations.

LaunchIQ not only ensures high-value implementations but also sets the foundation for program expansion and continuous improvement. A dedicated Optimization Services team proactively assists existing clients with optimization projects, additional integrations and expansions, leveraging the LaunchIQ methodology to increase program benefits throughout the client relationship.

For more information about Launch IQ, visit http://iqnavigator.com/implementation/.

About IQNavigator

IQNavigator provides software and services that help the world’s best companies manage their extended workforce and procured services in a smarter way — putting the emphasis on “IQ” by giving companies powerful insight into and control over the way they source services and utilize their extensive non-employee workforce. Companies in every sector of the economy and every corner of the world are supplementing their permanent workforce with an extended workforce that enables them to leverage specialized skills, respond quickly to market opportunities, and maintain flexibility in the way they grow. Services procurement and an extended workforce present significant challenges to companies, however, in areas such as visibility, cost control and risk. For more than a decade, IQNavigator has been at the forefront of the industry in providing the software solutions and managed services that address issues inherent with services procurement and extended workforce management, turning those challenges into opportunities for companies to become more nimble, reduce risk and save millions of dollars. For more information about IQNavigator and how its industry-leading offerings such as IQNtelligence are helping many of the world’s most respected companies, visit http://iqnavigator.com/.