December 28, 2014 4:06 AM ET

Internet Software and Services

Company Overview of IQNavigator, Inc.

Company Overview

IQNavigator, Inc. provides non-employee workforce management solutions to Global 2000 companies. It offers VMS, a cloud-based software that processes services spend and enables clients to intelligently manage and optimize complex services procurement and contingent workforce programs. The company’s VMS is used to manage companies’ procured services, including statement-of-work and project-based consultants, contractors, temporary workers, and other contingent workers. It also provides IQN Labs that develops and refines scientific approaches to help enterprises make informed decisions to better manage and optimize contingent labor and statement-of-work engagements. IQNavigator, Inc. was incor...

6465 Greenwood Plaza Boulevard

Suite 800

Centennial, CO 80111

United States

Founded in 1999





Key Executives for IQNavigator, Inc.

Chief Executive Officer
Chief Financial Officer
Executive Vice President of Market Strategies
Executive Vice President of Customer Success
Compensation as of Fiscal Year 2014.

IQNavigator, Inc. Key Developments

IQNavigator Launches IQN Labs

IQNavigator launched IQN Labs, an innovation lab that provides a forum for creative, collaborative, data-driven innovation. IQN Labs will develop and refine scientific approaches to help enterprises make more informed decisions to better manage and optimize contingent labor and statement-of-work (SOW) engagements. A team of data scientists, big-data technologists, contingent workforce specialists, and visualization experts work in concert to dissect the data and design approaches for supporting human decision-making in workforce management with machine intelligence. IQN Labs empowers procurement, supply chain and HR professionals and executives to move beyond best practices - which may just represent a common opinion - to evidence-based practices and machine-intelligence supported actions that improve contractor hiring and SOW management. IQN Labs offers a data-driven approach in a collaborative environment resulting in predictive analytics. The approach uncovers new ways to exploit IQNavigator's vast data reserves and help companies find and manage the best talent available in a cost-effective manner. As businesses compete to manage, enrich and leverage their data resources, including data about the non-employee workforce, traditional forms of data analysis such as reporting, charting and dashboards will be replaced by newer, more sophisticated methods. IQNavigator is leveraging the latest data science techniques to deliver exploratory visualizations, sophisticated research designs, advanced statistical methods and machine learning to refine the art of contingent hiring. IQN Labs will offer meaningful measurement approaches, test best practices with real evidence, surface important insights and build computer support for optimized decision-making in contingent workforce management. IQN Labs offers varied levels of engagement - from one month to one year in length -- that enable companies to tap into a spectrum of resources. Silver, Gold and Platinum levels bring visualizations, statistical modeling or machine learning to bear on tough VMS challenges to provide breakthrough business insight resulting in rapid-action decision support for program optimization.

IQNavigator Mulls Acquisitions

IQNavigator, Inc. is looking for acquisitions. Joe Juliano, Chief Executive Officer and President of IQNavigator, Inc. said, "IQNavigator financial backer, Chicago-based private equity company GTCR, LLC, has earmarked money for acquisitions to accelerate growth at the 15-year-old company."

IQNavigator Announces the Enhancements to its VMS Technology

IQNavigator announced enhancements to its VMS technology including a new analytics and reporting tool, a Value-Added Tax override, and the addition of Multi Login capabilities. These enhancements deliver added visibility into the management of procurement processes and help enterprises make more informed decisions to better manage contingent labor. IQNavigator’s new analytics functionality allows for increased awareness of data through visualization. The addition of graphing and charting capabilities and dynamic reporting enables users to see their data more easily and more quickly. The ability to see how fast a budget is being consumed, for example, provides new levels of interactivity, which leads to better informed, more empowered decision making. The data analysis and reporting system now allows organizations to design views and explore data using pre-defined data sets. With this new functionality, users will be able to create and save interactive report views and dashboards in an intuitive drag-and-drop interface. To reduce the number of accounts users log into on a daily basis, IQNavigator has added a new user role called MSP User Account. Accounts can be assigned to multiple buyer organizations and can span across multiple managing firms. This allows the MSP User Account to report and transact across multiple assigned organizations from a single account without the need to log in and out of separate organizations.

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