Westin Hotel

Ottawa, Ontario
http://www.pmac.ca/en/events/pmac-national-conference

HCMWorks is a proud sponsor of Canada’s premier event for supply chain management professionals—The 88th Annual PMAC National Conference in Ottawa, Ontario on June 12-14, 2013.  Come by the HCMWorks exhibit booth to meet Julia Fournier, President and CEO of HCMWorks, to learn more about how HCMWorks has helped clients achieve significant savings year after year with a rapid return on investment. More than 500 top procurement and supply chain decision-makers from across Canada are attending the Conference to discover the latest developments and best practices in the profession.

Follow us on twitter @HCMWorks and LinkedIn for future updates.

http://www.ottawacitizen.com/business/plans+discuss+hiring+practices+with+government+after/8208021/story.html

Let’s not be too quick to judge here!  If we put all Canadian companies under a microscope what would we find?

In RBC’s case this seems to be more about globalization and outsourcing, agreed it would be advantageous to the Canadian economy if the jobs reside in Canada, but this is not a new practice, many companies have been outsourcing offshore to reduce costs for many years.

Closer to home many Canadian companies do not always have the best visibility into their own hiring practices, especially companies who hire thousands of employees  and contingent labor, sometimes the line is blurred.  The Canada Revenue Agency has guidelines and regulations to ensure companies are not at risk for non-compliance for taxation purposes.  Do companies today have a program in place that would ensure enforcement to all regulatory requirements or hiring policies?  The answer is “no”.

A Managed Service Provider (MSP) will not tackle the long debated issue of globalization; however they can provide companies with piece of mind that your employee or contingent workforce is not misclassified and subject to costly penalties. How many more companies are at risk?

OTTAWA, ONTARIO – Payment Services Corporation, provider of independent contractor management and payment solutions and HCMWorks Inc., Canada’s leading provider of indirect service procurement, advisory and support solutions, today announced Heather Buchan has been appointed the role of Vice President Business Development. Her territory will include the Federal Government of Canada, Crown Corporations, Eastern Canada (Maritimes), Western Canada and part of the United States.

Heather comes to Payment Services Corporation and HCMWorks Inc. with many years of experience in both private and public organizations.  Most recently she worked with a leading Ottawa-based consulting firm as Director, Sales, managing a sales practice which included a SAP, procure-to-pay solution.

Heather is currently the President of a not-for-profit in Ottawa and a member on their board of directors. This is on a volunteer basis.

“I am very excited join Payment Services Corporation and HCMWorks Inc.,” Heather stated. “My past experience will certainly help me fulfill these roles, striving to reach a new level of excellence and growth for Payment Services Corporation and HCMWorks Inc.”

“Heather has a profound understanding of SAP procure-to-pay,” Julia Fournier, President and Chief Executive Officer of Payment Services Corporation and HCMWorks Inc. “She will be a valuable asset to the team.”

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About HCMWorks Inc.:
HCMWorks Inc. is a leading North American outsourcing and advisory firm that specializes in Indirect Services Procurement.  HCMWorks Inc. helps procurement departments gain greater control over indirect service expenditures to achieve a competitive advantage in their industry.  These services provide a substantial reduction in indirect operating costs through transactional visibility, ultimately delivering an extremely rapid return on investment.

Visit HCMWorks Inc: http://www.HCMWorks.com
Follow HCMWorks Inc. on Twitter: @HCMWorks
Follow HCMWorks Inc. on LinkedIn: http://www.linkedin.com/company/hcmworks

About Payment Services Corporation:
Payment Services Corporation has over 50 years combined experience in staffing, payroll processing, and contingent workforce management. Payment Services Corporation works with mid-size and large organizations reduce costs, save time, and mitigate risks associated with the use of contingent labour.

Visit Payment Services Corporation: http://www.paymentservicescorp.com
Follow Payment Services Corporation on Twitter: @PaymentServices
Follow Payment Services Corporation on LinkedIn: http://www.linkedin.com/company/payment-services-corporation

Media Contact
Joyce McNamara
Director Communications
jmcnamara@hcmworks.com
613-238-5050 ext. 204

http://www.cbc.ca/news/canada/british-columbia/story/2013/03/08/bc-shaw-contracts.html

This issue of misclassification has many implications – not only for major users of Independent Contractors, but it should also highlight a lost revenue opportunity that the US has been pursing for many years.

The use of Individual Contractor’s can provide opportunities for both the contractor, and the employer. The employer’s opportunities come in the form of payroll remittances not made which defer to the contractor themselves.

There are valid legitimate Independent Contractors that work for multiple clients. They incur a substantive amount of risk in the operation of their business, manage themselves directly, manage other’s that work for them, and deal with the outcomes associated with the services that they provide.

Certain skill classifications are suited to Independent Contractors and are sometimes legitimately engaged on a short and defined basis. For example:

• Technical writing
• Project management
• IT employees
• Writers
• Web and media designers

There are Independent Contractors that do not meet the definition of an Independent Contractor. There are Independent Contractors whose classifications start off with the right intent, migrate into full time positions, yet continue the classification of Independent Contractors. Sometimes it is simply a matter of education with employers who have no intent of breaking the law.

This issue becomes more of a challenge when Canadian employers encourage their employees to go and incorporate, avoiding employment legislated burdens. These are sometimes people that don’t fall into the skill classifications listed above, yet while under the supervision of that employer’s management, perform work that could otherwise be done by a permanent employee.

Not only is the employer now at risk for misclassification, but also co-employment. This would entitle the employee to the same benefits provided to that employers permanent employees. Benefits that would include:

• Pension
• Severance
• Equal compensation
• Extended healthcare benefits

The impacts of misclassification first hand

About four years into my career, the corporation I was working for provided services to a large oil and gas company. Some of those resources were working on ships off the coast of Halifax. One of the contractors was a temporary employee working through a 3rd party, that had been in the same role for 15 years. He wasn’t educated enough to understand the impacts of what logo was on his pay cheque, and very literally believed he was entitled to a pension. A pension like his colleagues were receiving. He was simply overlooked, and was never transitioned to permanent payroll. I took the call when he wanted to know what the details of his pension would be as he was retiring. I had the responsibility of delivering the news to him that he wasn’t entitled to a pension.

HCMWorks and Payment Services Corporation solves this problem by enabling our client’s access to all Independent Contractors and T4’s, ensuring that they also have visibility into their duration, hours worked per week, and number of years of service. Payment Services Corporation puts all contractors through a process to determine that they are in fact Independent Contractors. If they do not qualify for an Independent Contractor status, they are subject to source deductions. There is still work required for our client’s to make the tough choices to transition these resources from Contractor to permanent status or transition them out. It is vital that they are not treated like permanent employees in the work place.

What do you think Shaw could have done to prevent this?

OTTAWA, ONTARIO – HCMWorks Inc., Ottawa’s leading provider of indirect service procurement, advisory and support solutions, today announced that Ted Weyn, Managing Partner and Co-Founder of HCMWorks Inc. has stepped down as Managing Partner in order to pursue other personal interests. To this end, Weyn will move into the role of Executive Vice-President and Strategic Advisor and will focus his energies on the support of the strategic direction.

With Weyn stepping down, it has been announced that Julia Fournier, Managing Partner and Co-founder of HCMWorks Inc. has assumed the role of President and Chief Executive Officer. Fournier brings a great mix of leadership, inspiration, operational experience, technical breadth, and passion for customer care. As a Co-Founder, and over the last seven years, Fournier has lead HCMWorks Inc. operationally to unparalleled results for its client companies.

“I am delighted to be afforded this opportunity to pursue other personal and professional interests while continuing to contribute to the company in a meaningful way,” commented Weyn. “This would not have been possible without the leadership of Julia Fournier and her commitment to lead the company through this next phase of maturity.”

“I look forward to assuming a greater level of responsibility and continuing to build on the fundamental principles established when HCMWorks Inc. was first created,” said Fournier. “I am confident with the talents of our expanded executive team. The next phase of HCMWorks Inc. will bring innovative solutions and a broader range of services to our growing client-base.”

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About HCMWorks Inc.:
HCMWorks Inc. is a leader in cutting-edge procurement innovation. Specializing in Advisory Services, Category-Specific Managed Services, Technology and Tail Spend, HCMWorks Inc. develops and implements tailored solutions to achieve greater cost-effectiveness and superior results for its clients. Simply put, HCMWorks Inc. helps its clients get more done–better and faster.

Visit HCMWorks Inc: http://www.HCMWorks.com
Follow HCMWorks Inc. on Twitter: @HCMWorks
Follow HCMWorks Inc. on LinkedIn: http://www.linkedin.com/company/hcmworks

Media Contact
Joyce McNamara
Director Communications
jmcnamara@hcmworks.com
613-238-5050 ext. 204

However, it is often difficult to optimize the use of that software due to:

• Lack of appropriate skills among users
• Attempts to support functionality not necessary to the overall process
• Lack of alignment with strategic goals

Omni Plantation Resort
Amelia Island, Florida
www.sig.org/summits.php

HCMWorks President and CEO Julia Fournier and National Bank Senior Director Sourcing Dimitrios Manolopoulos are joining forces next week to host a Regional Roundtable at the SIG Global Sourcing Summit in Amelia, Florida May 14-16. Together they will share their leadership and technology and managed Services best practices. SIG’s Regional Roundtables combine thought leadership and best practices through presentations, panel discussions and a facilitated roundtable Qs&As.

Follow us on twitter @hcmworks and LinkedIn for future updates of Julia Fournier’s roundtable discussion at the SIG Summit.

Hilton Orlando
6001 Destination Parkway, Orlando, Florida  32819
http://www.sharedservicesweek.com/

HCMWorks will be attending the 2013 North American Shared Services & Outsourcing Week, three day long conference in Orlando. Come visit us at booth #10 and learn more about HCMWorks and what we have to offer.

Don’t miss Hans Van Eck-Casteels, HCMWork’s Senior Vice-President of Sales and Marketing who will be speaking Tuesday, March 5th at 10:35am; State of the Procurement Nation - Scaling Growth: Adapting your procurement function to the changing landscape and growing profile of the industry.

Effective immediately, Shawn D. Sutton, CA, former Vice-President, Finance at Corel Corporation, assumes the role of Sr. Vice-President, Finance and Chief Financial Officer. Lynn Clarfield, former Sourcing Interest Group board member and procurement transformation strategist, with broad consulting and telecom expertise, moves into the role of Vice-President, Business Development for Western Canada. Yves Laurin, former Manager of Sales and Marketing for Orange IT and Labs, takes over the role of Vice-President, Business Development for Eastern Canada. Hans van Eck-Casteels, former Chief Procurement Officer of Orange Telecom and former Principle of AT Kearney, has moved from Vice-President, Operations to Senior Vice-President, Sales and Marketing, and will continue to support clients in a senior operations capacity.

“I am very pleased with the new additions to our leadership team,” commented Julia Fournier, Managing Partner of HCMWorks Inc.. “With the changes in the leadership team and structure and now in its eighth year of operation, HCMWorks Inc., is well positioned to realize its objectives for growth over the coming years, while at the same time providing current clients with a broader and more comprehensive range of services.”

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About HCMWorks Inc.

HCMWorks Inc. is a leader in cutting-edge procurement innovation. HCMWorks Inc. develops and implements tailored solutions to help procurement teams get more done, better and faster.  HCMWorks Inc. provides Advisory, Category-Specific Managed Services, Technology and Tail Spend expertise and insights to help drive results.

“Tail Spend is an area that procurement teams often find difficult to manage,” said Julia Fournier, HCMWorks Managing Partner and Co-founder. “Representing only 20% of a company’s spend, but spread across 80% of the vendor base, there simply isn’t enough volume with any one supplier to secure meaningful discounts. The story changes, however, when thousands of small purchases are aggregated across multiple companies. Suddenly, there is huge savings potential. We developed the Tail Spend Management solution for one reason: to help our customers access these savings.”

The HCMWorks Tail Spend Management solution includes:

• Spend Analytics: identify tail spend categories, items, volumes, purchase amounts, etc. and measure their affect on the bottom line
• Supplier Access: with over 1,000,000 vendors, quality and assortment are guaranteed; with tens of thousands of orders per day, volume savings are too
• Managed Service: perform accelerated sourcing events suitable for smaller spot-buys, including rapid RFx and Quick-Quote capabilities
• Process Optimization: save time and minimize rogue purchasing by incorporating spend-management best practices
• Reporting: clear, concise reports document tail spend activities, outcomes, and savings generated

Typical Tail Spend Management Results

• 10.73% average savings
• Up to 36% savings in some categories
• Increased bandwidth allows Procurement team to focus on strategic initiatives