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The Fordyce Letter

Straight Talk for the Recruiting Profession


Articles tagged 'ats'

Industry News

Bullhorn Acquires Two Of Its Leading Competitors



MaxHire

At once swooping up its two of its largest competitors, Bullhorn today became one of the largest, if not the largest, technology providers to staffing and independent recruiting firms in the world.

Describing it as “an incredible moment for Bullhorn customers,” company CEO Art Papas announced the acquisition of both MaxHire and Sendouts.

“We’re acquiring two extremely talented teams, both of whom have succeeded in delighting their large customer bases with a combination of product innovation and excellent service,” Papas said in a news release. “These acquisitions dramatically increase our ability to execute on our vision of helping recruiters be more successful, develop new products, and serve our exponentially expanding user base.”

Details of the sale weren’t disclosed, however both MaxHire and Sendouts will operate under the Bullhorn brand. MaxHire’s CEO Peter Blitz, who founded the company in 1995, will become Bullhorn’s product innovation officer. Sendouts’ CEO Brian Hopcroft will become general manager.

Technology

Get A Free ATS From the Company That ‘Aims To Do It All’



GetHired logo

The site that “aims to do a bit of everything” is doing a bit more this morning.  And it’s an interesting something more that takes its cue from direct hire recruiting.

Launching this morning, and only in metro New York, is GetHired‘s Job Seeker Spotlight. Five lucky, handpicked job seekers will get profiled in an email being sent to recruiters and hiring managers for their review. If they like what they see, they can reach out to the candidates and invite them to become applicants.

Technology

Recruiting Software Poised for Innovation in 2012



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The increasingly diverse needs of organizations big and small demand a myriad of options in recruiting software solutions. Recent activity—including Salesforce’s acquisition of Rypple—is pumping new energy into this niche market. In the last month, VC funds have been flowing into the human resources software market, with large investments in SmartRecruiters and iCIMS. I’ve taken an in-depth look at how this dynamic software market will be impacted, how vendors will be poised for greater success, as well as how all of this may affect users.

Editor's Corner, Technology, TFL archives

The Sourcing Bull’s-Eye — Are You Using Your Resources or Wasting Money?



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Whether or not you want to admit it, we all use some paid resources for our recruiting efforts. This could include any of the following products: job boards, resume databases, information gathering resources (like Jigsaw or ZoomInfo), ATSs, the list goes on and on. Yes – I am talking to you! I know you post jobs on Monster, CareerBuilder, or at least some niche sites from time to time. I know you have purchased an applicant tracking system (that most likely is simply used as a repository for resumes with very little, if any, data organization). If we are spending money on these resources, why, then, do we so adamantly preach and train against using them when conducting candidate searches? If we’re paying for them, then why not justify the cost of using them by actually using them? And if we are not using them, then why continue to pay for them???

Industry News

Bullhorn Reach Predicts Job Hunting Activity



BullhornReach_Radar

A new — and for now, free — toolset from Bullhorn is getting good marks from users who have been testing it for a few months, but what’s most impressive is that it can give recruiters an early heads-up about their connections who may be preparing to “go active.”

KC Carpenter, a healthcare recruiter and co-founder of K.A. Recruiting in Boston, says the still-in-beta Bullhorn Reach is “great. It’s a huge, huge time saver for us … What would take 10 times as long, we can do with one click.”

If automating postings to social networks and optimizing them for search engines was all the service did, “it would definitely be a site I would pay for,” he says. But Radar, the tool that tips you to the likelihood one of your connections may be starting an active job hunt, is something Carpenter sees a “great for business development.”

Uncategorized

SmartRecruiters: A Free ATS is Born



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MrTed Founder and President Jerome Ternynck is a man on a mission. A free mission.

“Would you pay for an email account today?” he asks.

In the consumer market, he says, there are a lot of business models that exist around this concept.

He points to the Gmail concept, which he says is a model that has not been applied to the B2B market yet.

“I’ll make money, for sure, but I am not making money on you,” he says, alluding to his master plan behind the launch of SmartRecruiters.

This service gives recruiters in small and midsized businesses full access to an ATS without any restrictions or limitations. Never paying again for your ATS? Is it an off-the-wall idea? (Martin Snyder has likened it to “running your car on tap water,” though he admits the idea might end up taking off.)

In fact, Ternynck admits that he will generate profit by recruiters bringing business to service vendors like job boards and background screening firms.

Just this week, the company launched a new alliance with eQuest to integrate eQuest job postings with SmartRecruiters.

Ternynck says this is all part of his master plan to offer a “one-stop, one-click eCommerce application” for job board purchasing, job posting deliveries, and candidate sourcing.

Initially, the company will offer some free boards during its beta phase and later offer a wide variety of pay-per-post boards.

Uncategorized

TalentHook, SmartSearch Partner for All-In-One Service



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The folks behind TalentHook, the resume spidering technology service, are partnering with the makers of SmartSearch recruiting software to provide their shared customer base with a “suitable all-in-one recruitment strategy” for their businesses.

Doug Coull, CEO of Advanced Personnel Systems, the firm behind SmartSearch, explains that SmartSearch is designed to integrate with clients’ existing systems and applications for managing all employment-related information.

“We were one of the first applicant tracking systems to integrate with TalentHook and are very pleased to offer our clients enhanced functionality with our latest Version 12 release that makes it easier than ever to import and parse resumes into the SmartSearch candidate database,” says Coull.

The Business of Recruiting

Don Breckenridge – President, Sendouts.com



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Donald E. Breckenridge Jr. is the co-founder and president of Sendouts, which develops and markets Sendouts Pro, the leading on-demand applicant tracking system for the recruitment industry. Under Breckenridge’s leadership and vision, Sendouts has grown into a profitable software company serving more than 850 recruitment firms internationally and serving more than 5,000 users.

Prior to Sendouts.com, Breckenridge founded Integratia, a firm specializing in database and Internet development and contract placement. With the rapid growth of Integratia, Breckenridge realized the need to a robust software system to facilitate the talent acquisition process to fulfill customer needs.

In recognizing this window of opportunity, Breckenridge raised over $4 million from private investors and venture capital firm Gryphon Investments LLLP to launch Sendouts.com. In this process, Breckenridge transitioned the resources and programmers from Integratia to Sendouts, which enabled rapid development of the Sendouts Pro application. Breckenridge has since dissolved Integratia in order to focus entirely on Sendouts.

Breckenridge holds a Bachelor of Science in Business Administration concentrating in Finance from Washington University in St. Louis. In 2003, Breckenridge was included in St. Louis Business Journal’s “30 under 30″ representing overachieving professionals under the age of 30.