IE-Engine and HR. com Announce Partnership to Establish HR Buying Association
IE-Engine, the leader in leveraging technology for benefit management and procurement, and HR. com™, the largest Research and Web destination for Senior HR professionals, announced today their partnership in forming an HR Buying Association.
(PRWEB) February 20, 2004
WALTHAM, Mass. – February 19, 2004 – IE-Engine, the leader in leveraging technology for benefit management and procurement, and HR. com™, the largest Research and Web destination for Senior HR professionals, announced today their partnership in forming an HR Buying Association. The new organization will leverage IE-Engine’s sophisticated decision analyst technology and HR. com’s subject matter experts, best practices, communities of practice and vendor rating guides (RedBooks) to create extensive purchasing capabilities and cost savings for organizations investing in HR Products and Services. As HR. com expands their research capabilities, additional content and expertise will be added to the IE Engine solution.
This joint venture provides an exciting solution for corporations seeking an efficient, inexpensive method of sharing in best practices, making better decisions at lower price points and ensuring an improved process for renewals, RFPs, and RFIs.
“We believe that by bringing HR buyers together in a community, giving them access to better research, best practices and volume discounts, we can help them strategically align HR with their businesses, while offering better service at a lower cost to their customers—their employees,” said Debbie McGrath, founder of HR. com. “Partnering with IE-Engine allows us to leverage technology and content to assist employers in securing the best products and services for their organization at the best possible price.”
IE-Engine already offers customers a variety of services above and beyond benefit renewal and procurement, such as performance tracking, benefits data management, and SPD management and creation. By joining forces with HR. com, IE Engine can now expand the breadth of its offerings for any product an HR organization may procure throughout the year, including but not limited to:
-Performance management systems;
-Learning management systems;
-Assessments;
-Background checking, screening, and drug testing;
-Enterprise compensation systems;
-Talent management systems;
-Job board postings;
-Rewards and recognition;
-Benefit administration;
-Outplacement;
-Recruitment services;
-Performance tracking;
-Relocation packages;
-Learning Management Systems; and
-Online Conferencing and Collaboration Tools
“This relationship broadens the number of solutions IE-Engine technology delivers to the corporate enterprise, thereby increasing our customer’s return on investment,” stated Brent Bannerman, Founder, IE-Engine.
About IE-Engine
For HR Executives, IE-Engine (www. IE-Engine. com) is the industry-accepted employee health and benefits software solution. Through its application of HR-specific technology and expertise, IE-Engine helps corporations such as Lucent, Pitney Bowes and Staples better manage costs by automating the administration and evaluation of employee health and benefits vendors.
Founded in 1999 and headquartered in Waltham, Mass., IE-Engine is a privately-held company backed by Kodiak Venture Partners, Adams, Harkness Ventures, and Toronto-based RBC Capital Partners, the venture capital unit of Royal Bank of Canada.
About HR. com
HR. com is committed to helping HR professionals make smart decisions quickly. We provide you with easy access to information, peers, research, best practices and industry experts as well as products and services you need to successfully manage the people side of business
Contact:
Melissa Meyerowitz
1-866-232-2876
Mmeyerowitz@ie-engine. com
Debbie McGrath
1-877-472-6648
Dmcgrath@hr. com
