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Yoh Exchange Revenue Continues to Grow in Fifth Year

PHILADELPHIAFebruary 20, 2007—Yoh, a leading provider of high-impact talent and outsourcing services, today announced the company's innovative recruiting and human resources (HR) management portal, the Yoh Exchange, has grown to a total of $197 million in revenues in its fifth year, boasting a 34% average year-over-year growth since 2002.

           

The Yoh Exchange, a leading VMS tool, was first introduced in 2001 and integrates Yoh's talent services with its customers' hiring logistics to automate the recruiting and management of staffing resources. The platform has helped Yoh create a social network of interaction between its staff, consultants and suppliers. Today, the Yoh Exchange has become the online recruitment resource for many of America's leading companies in all industries.

           

"Based on our market research and the emerging online trends we saw a few years back, we felt strongly that this could be a helpful tool for our customers," says Jim Lanzalotto, Vice President of Strategy and Marketing of Yoh, a Day & Zimmermann unit. "As we've seen significant and consistent revenue growth throughout the past five years, we now know we were right in developing this technology. We will continue to invest in this platform by keeping the Yoh Exchange as the centerpiece of our technology strategy and accelerating our customers' success by optimizing their business processes."

           

The success of the Yoh Exchange is evidence that Yoh brought the right mix of content, commerce and community to its customers, employees and talent suppliers. Developed in an alliance with SAP®, the Yoh Exchange uses the power of the Internet to seamlessly deliver staffing planning, policy and profile management tools, talent management and on-site customer support in an easy to use, end-to-end, online HR solution. Today, more than 4,000 consultants, partners, hiring managers and HR managers use the eBusiness solution for weekly payroll, invoicing, customer cost reporting, and to reduce staffing costs.

           

Powered by SAP NetWeaver®, SAP® R/3® and mySAP CRM, the Yoh Exchange has received several of the ERP and HR staffing industry's top awards, including the 2004 SAP Users' Group (ASUG) Impact Award and an American Staffing Association Communications Award.

 

About Yoh

Yoh is one of the largest providers of talent and outsourcing services to customers in the United States. With over 380 Million USD in total sales, Yoh operates from more than 75 locations and provides long- and short-term temporary and direct placement of technology and professional personnel, as well as managed staffing services, for the information technology, scientific, engineering, health care and telecommunications communities. For more information, visit yoh.com. Yoh is part of Yoh Services LLC, a Day & Zimmermann Company.


About Day & Zimmermann
Day & Zimmermann accelerates customer success by delivering diversified services. Operating from more than 150 worldwide locations with 1.7 Billion USD in revenues, the Day & Zimmermann family of companies employs 20,000 professionals and is currently ranked as one of the largest private companies in America by Forbes and is a former winner of the U.S. National Family Business of the Year award. Founded in 1901 and headquartered in Philadelphia, PA, Day & Zimmermann companies today provide staffing services, architectural-engineering-construction services, power plant maintenance and modification services, security services, and validation services to businesses and government agencies, and munitions production, equipment maintenance and facilities management services to the Department of Defense.  For more information, visit dayzim.com.

 

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