Shell Oil Products US has selected IQNavigator as the platform for external service procurement and cost control. IQNavigator’s software and services are to automate Shell’s procurement and spend management. The software is claimed to offer greater process efficiency, cost reduction, and spend visibility and control. Shell is to automate all of its contingent workforce and outsourced project procurement and spend management processes - including supplier qualification, requests for proposals, contractor and consultant selection and on-boarding, engagement management, time and expense entry, invoicing and payment.
Shell project manager Tom Sitoski said, “We evaluated a dozen services procurement and spend management solutions for the entire family of Shell companies and chose IQNavigator5 because it was the market leader in terms of the functionality and service options needed to take us to the next level in staffing. IQNavigator’s track record for rapid and successful implementations weighed heavily in its favor”.
IQNavigator president and CEO John Raeder said, “The oil and gas sector will benefit from a single sourcing technology platform that supports cost-effective acquisition, contract compliance and use of contingent labor and project-based consultants”.