Recruitment Agency Software

What is Recruitment Agency Software?

Recruitment agency software provides a central platform to automate the candidate search, qualification, and hiring process. It collects and parses resumes, matches applicants with positions, schedules interviews, and streamlines back-office hiring activities. Recruitment agency software is used by executive search firms, hiring agencies, and recruiting firms to manage talent throughout the hiring process.

Recruitment agency software is unique because it serves organizations exclusively focused on the sourcing and hiring process. In contrast, other recruiting software usually serves HR departments that handle recruiting in addition to other HR functions within a business. Staffing agency software, which focuses on building a pool of qualified talent to provide on-demand and temporary workers to companies, is closely related to recruitment agency software.

Recruitment agency software offers suites for recruitment marketing, sourcing, applicant tracking, candidate relationship management, screening, assessment, interviewing, offering, hiring, onboarding, and analytics for recruiter performance and hiring trends.

AI-powered sourcing tools scan job boards and social media, capture information, create candidate profiles, and rank them. Candidate relationship management features improve the candidate experience, leaving applicants more likely to accept employment offers, and create an environment where they would be more inclined to consider future opportunities. The sourcing and ongoing relationship management functions are particularly crucial for recruitment agencies, who often need standing pools of talent to source from.

Screening tools collect documents to validate identities and enable background checks. Built-in assessment tools test applicant skills within the recruitment platform.

Recruitment Agency Software Features

• AI candidate sourcing - search and match recruiting engine

• Job board and social media recruitment

• Application tracking

• Screening

• Assessment

• Interview management

• Candidate relationship management

• Background and reference checks

• Offering

• Hiring

• Onboarding

• Candidate and client portals

• Recruitment marketing

• Recruiter and team assignments

• Recruiter performance and hiring trend analytics

• SaaS cloud-based, web-based, mobile, and on-premises solutions.

Recruitment Agency Software Comparison

When purchasing recruitment agency software consider the following.

• Scope: Are you in the market for a comprehensive suite of recruitment tools, or do you have recruiting components already in place? For example, you can purchase individual solutions for applicant tracking or AI sourcing.

• Product Installation: SaaS applications have become as robust as traditional implementations but without the upfront costs and IT investment, which small and mid-size businesses find attractive.

• Buyer Type: Corporate HR, full-time recruitment agencies, and staffing/temp agencies have different recruitment needs. Many products have features that are tailored for those specific needs. For instance, recruitment agencies may place greater focus on sourcing talent, while staffing agencies may get more value out of robust CRM capabilities.

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Pricing Information

Pricing depends upon the software features and the number of recruiters supported. Entry-level pricing starts at $19 a month, mid-level pricing is around $50 a month and can range up to $100 a month per recruiter. Team-based pricing for larger teams requires obtaining a vendor price quote. Free trials are available from some vendors.