Analytic platforms provide real-time data to recruiters on metrics impacting the recruiting process.
- API Connectors
API Connectors integrate software platforms and data management systems to make data and content exchange easy.
Applicant Tracking Systems (ATS) are the backbone for most recruitment technologies. It is through these systems that corporations track and manage their multiple job requisitions and candidates.
- Behavioral Assessment
Behavioral Assessment companies deliver tools that test an individual’s cognitive capability, behavioral tendencies, cultural fit and/or personality traits.
Bots are an automated communication medium (text, voice or video) that use either branching logic to go from one question to the next, or deeper machine learning or neural networks to respond to the input in what seems like a thoughtful manner. They are used to automate communication with candidates.
- Brand Creation
Brand Creation companies provide solutions to improve either a company’s career page or their job descriptions, both of which are focused on creating a branded experience for talent.
- Brand Management
Brand Management companies focus on either managing a company’s online reputation externally from the corporate careers site or on enabling the company to engage with talent in a branded 3rd party environment.
- Candidate Relationship Management
Candidate Relationship Management (CRM) tools are focused on improving and managing a candidate’s experience with hiring organizations.
- Career Advice & Coaching
These companies provide solutions for individuals looking for new job opportunities.
- Crowd Sourced Recruitment
These platforms are used to crowdsource talent for project-based work where employers may post a problem or project and receive one-time contract bids for the project.
E-Staffing technologies create a platform for employers and candidates to connect, and provide a balance of human and machine inputs to automate hiring recommendations.
- Employer Reviews
Employer Reviews companies offer a Yelp-like value proposition for prospective and current employees to evaluate and track what people are saying about their current/future/dream employer.
- Freelance Management Systems
Freelance Management Systems (FMS) are web- or cloud-based talent exchanges and online work platforms which enable companies to search, sign, and engage directly with non-employee talent.
- Interview Management Tools
Interview Management tools enable key operational efficiencies within the interview processes for companies. Marketed as calendar scheduling tools, the value proposition for recruiters is that they can more easily coordinate interviews and shorten time to fill at volume with these streamlined productivity tools as compared to teams without automation.
- Job Board Aggregator
Job aggregators pull job postings from multiple sites including company career sites and job boards and allow job seekers to search for all open jobs in one place.
- Job Boards
Job boards are companies which have a consumer-facing digital property through which job seekers can search for jobs, and companies in need of talent can identify potential candidates.
- Job Distribution
Job distribution companies enable jobs that are published from a career site to be delivered to specific job boards and/or aggregators of the employer’s choosing.
- Job Search Organizer
Job Search Organizers help individuals track, manage, and take action on their various job search activities.
- Matching Systems
Matching Systems companies provide matching services based on a variety of inputs, including semantic-based matching, assessment outputs, and preference “signals” (e.g., observable data about what types of talent companies are interested in and what jobs candidates are interested in).
- Programmatic Advertising
Programmatic Advertising technologies allow companies to advertise open roles at their company to specific audiences and demographics. They provide real-time bidding capabilities to advertise job opportunities in a manner similar to how broader media buying companies target buyers.
- Recommendation & References
Recommendation and Reference solutions are digitally-enabled reference aggregators, background check tools, and onboarding solutions.
- Recruitment Marketplace
Recruitment Marketplaces are narrowly focused on recruiter discovery, featuring thousands of independent recruiters and agencies that can be used for specific hiring projects.
- Referral Tools
Referral technologies help companies and individuals harness the power of their extended networks by providing tools through which they can source candidate ideas from current employees, and track/reward the success of those referrals.
- Resume Parsing
Resume Parsing Software companies provide multilingual tools to dissect resume content and apply semantic-based searches to extract relevant information. The core value proposition for companies lies in the speed and accuracy of parsing tools which result in a reduction of data entry and verification costs, activities which were historically people-driven.
- Shared Talent Networks
Shared Talent Networks allow a company to input silver-medal candidates and access other corporation’s silver-medal candidates in an efficient and scalable manner.
- Simulation-based Assessment
Simulation-Based Assessment companies offer technical and non-technical assessment solutions by simulating job-specific scenarios to help companies make better-informed hiring decisions.
- Skill Assessment
Skills Assessment companies offer technical skill assessment solutions to help companies make better-informed hiring decisions. Marketed as skill equalizers, companies are able to hire for demonstrated knowledge and skills vs. claims made in a resume.
- Social CV and Resume Builder
These companies aid job seekers in perfecting their CV.
- Social Networks
Social networks provide a platform through which individuals can connect to build their professional networks.
- Social Search
Social Search companies are advanced web search tools which take into account the social graph of the person initiating the search query and/or the person being searched. These technologies leverage innovative algorithms and machine-learning techniques to produce candidate ideas that are a fit for open job opportunities.
- Temporary Labor Marketplace
Temporary Labor Marketplace companies provide a platform to match freelance or temporary workers with employers looking to hire someone with a particular skill set for a finite piece of work.
- Vendor Management System
Vendor Management Systems (VMS)offer software solutions to corporations to enable the comprehensive management of their contingent workforces. This may include any or all of the extended labor spend categories, including temporary staff, professional contractors, service workers, consultants, project-based workers, independent contractors (freelancers), and alumni.
- Video Interviewing
Video interviewing tools enable more effective and efficient interview processes for companies. The Video Interview technologies that are more mature have developed strong predictive capabilities as well as broader interview process management tools for employers.