Press Releases

IQNavigator and Customers Describe Value of Services Procurement Solutions

Several Case Studies and Best Practices Presentations Scheduled for Upcoming Events

DENVER, Colorado, October 11, 2006 - IQNavigator, Inc., the leading provider of services procurement and optimization solutions, today announced presentations and participation at several upcoming industry events. The presentations - given by IQNavigator, as well as several customers including Xcel Energy and CUNA Mutual Group - will address the value companies derive from optimizing their services procurement processes. Services procurement solutions enable companies to increase profitability by reducing and controlling costs for all types of outside services spending worldwide.

"The W.P. Carey School of Business at Arizona State University surveyed 160 executives on spend management and found services procurement to be the largest area of concentration," said Mickey North Rizza, research director, AMR Research in the January 2006 AMR Research article, "Services Spend: Too Much Money Left on the Table." "In a similar vein, a recent AMR Research survey of 264 people showed that 43% of respondents would be evaluating or implementing services procurement applications in 2006."

Upcoming presentations include:

  • Paul Moore, Diversity and Staffing director at Xcel Energy, will deliver a presentation titled "Managing Contract Labor to Optimize Business Results" on October 26th at the Second Annual Contingent Workforce Strategies Summit in Dallas, Texas.
  • Brett Walker, Sourcing Portfolio Manager of CUNA Mutual Group will co-present at the 7th Annual ISM Services Conference in Scottsdale, Arizona. He will be joined by John F. Martin, Senior Vice President Strategy and Technology, IQNavigator. The session titled "How to Build a Business Case for Services Procurement" will be held on December 7th.
  • Mickey North Rizza, research director, AMR Research will present along with a customer at a webinar in December hosted by IQNavigator. Please look to the IQNavigator website for further details.

IQNavigator's customers consistently tell us what an incredible impact we are making in their day-to-day business operations," said John P. Raeder, Jr. president and CEO of IQNavigator, Inc. "Having them share their stories at these important industry events further validates the value service procurement solutions provide."

To hear more about IQNavigator and customer successes, please visit our booth at the following events:

About IQNavigator

Founded in 1999, IQNavigator provides services procurement and optimization solutions to Fortune 500 companies such as CUNA Mutual Group, The Bank of New York, Quad/Graphics, Entergy, Shell, Northrop Grumman, Sony Electronics, Verio, Schlumberger and Alcatel. The company's award-winning suite of integrated applications enables companies to increase profitability by reducing and controlling costs for all types of outside services spending worldwide. IQNavigator has a successful track record for delivering a compelling and fast return on investment, as well as adaptable process control, enterprise-wide financial analysis and enhanced performance. The company is recognized as an industry pioneer and offers deep domain expertise in key market segments such as financial services, energy, healthcare, manufacturing and aerospace/defense. IQNavigator is headquartered in Denver, Colorado, and is found on the Web at www.iqnavigator.com.