Yoh Tops 98 Million USD in Online Sales in 2003
PHILADELPHIA, PA – February 12, 2004 – Yoh, a leading provider of long- and short-term talent, generated more than 98 Million USD in online sales through its customer-specific exchanges in 2003. In this online environment, Yoh delivers a wide variety of services from payroll programs to supply chain management.To date, Yoh has Internet-enabled nearly 20% of its customer base, with another 15% scheduled for implementation this year. In 2003, the company transacted business with more than 4,500 online enterprise users.
The greatest benefit derived by Yoh Exchange customers has been greater control of the processes and information in their staffing programs. As a result, customers have comprehensive information at their disposal, allowing them to make more effective and timely business decisions.
Yoh's click-and-mortar Exchange offers a unique blend of on-site services with state-of-the-art Internet technology. The Yoh Exchange offers customers a content, commerce and community platform that facilitates business processes such as time entry/approval, order management and distribution as well as co-employment avoidance for payroll services and contract labor management.
"Our customers are looking for a comprehensive online staffing solution," according to Jim Lanzalotto, Vice President of Strategy & Marketing for Yoh. "By delivering industry-leading customized services that coordinate supply chains for maximum efficiency at reduced transaction costs, our customers can focus on their core competencies and outsource contract labor programs to us."
The eCommerce portion of the latest version of the Yoh Exchange is delivered through a strategic alliance with SAP, the world's leading enterprise software company. Yoh's use of SAP software ensures a robust payroll services offering that effectively integrates solutions from mySAP(tm) Business Suite, including mySAP(tm) Enterprise Portal, mySAP(tm) Customer Relationship Management, key business processes from mySAP(tm) Product Lifecycle Management and mySAP(tm) Human Resources. Customer policies and industry information are supplied and maintained by Yoh, its customers and select content providers.
