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Finalist for "Most Innovative Company in North America" at International Business Awards
New York, NY
July 15, 2008
ProcureStaff, a leading provider of human capital services procurement, has received recognition for its advanced Business Intelligence (BI) methodologies, and been named by the International Business Awards (IBA) as a 2008 finalist for the "Most Innovative Company in North America." The International Business Awards are the only global, all-encompassing business awards program honoring outstanding performance in business. Honorees were selected from over 1,700 organizations and individuals in more than 30 countries.
ProcureStaff was nominated for incorporating advanced BI methodologies into comprehensive services procurement solutions provided to their Global 1000 clients. Pioneering the vendor neutral model in 1996, ProcureStaff continues to raise the bar with advanced service offerings such as operational analysis consulting through its BI practices. By collecting broader and more accurate program data and using sophisticated statistical analysis techniques, ProcureStaff's BI group generates accurate predictions of future human capital spend that offer greater value and visibility than the purely transactional reports built into most VMS solutions. Enabling predictive analysis and accurate forecasting of human capital needs, ProcureStaff's BI solution yields cost savings above and beyond the savings captured by the simple automation of human capital management.
"After recently being recognized on a national level for our innovative success by the American Business Awards (ABA), we are honored to receive this additional acknowledgment in the global arena," said ProcureStaff President, Larry Kaylor. "The business intelligence element of our solution, forming the basis of both our ABA and IBA nominations, is clearly a compelling innovation with deep implications for the future of services supply chain management. The judge's recognition of the significance of our innovation validates the efforts of all the professionals at ProcureStaff."
"Entries to the IBAs grew 65% this year and that illustrates the increasing importance of The International Business Awards worldwide," said Michael Gallagher, president of The Stevie Awards, presenters of the IBAs. "We congratulate all of the honorees, and we look forward to recognizing them for their achievements at our gala awards dinner in Dublin on September 8."
ProcureStaff, Ltd., a subsidiary of Volt Information Sciences, Inc., provides specialized software and services that streamline and manage services procurement. ProcureStaff's solution improves efficiencies in the entire procurement lifecycle, including vendor management, sourcing, spend management and invoicing, reconciliation and payment for enterprise clients. For additional information, please visit the ProcureStaff, Ltd. web site at www.procurestaff.com.
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
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