StartupTalky

Tag: Recruitment Software

  • Top Enterprise Recruitment Software to Make Bulk Hiring Easy

    Hiring the best talent in your team who can satisfy your needs and expectations is not an easy job. As soon as you post a job, your mail list will get flooded with job applications. Shortlisting the best candidate from the bunch of applications and then performing the next process will get time-consuming if done without proper software.

    Nobody wants to hire the wrong person in their organization, because this will eventually lead to a waste of time and resources.

    So, you need a companion who can make this cumbersome process of hiring seamless and hassle-free. Fortunately, with the advent of advanced technology, enterprise recruitment software has emerged as a game-changer in simplifying bulk hiring. In this blog, we explore the top enterprise recruitment software solutions designed to streamline the hiring process, making bulk hiring a seamless and productive endeavor. Join us as we delve into the world of cutting-edge recruitment software that empowers enterprises to find the right talent swiftly and with precision.

    What is Recruitment Software?

    ‌‌Recruitment software is a tool to enhance your productivity by simplifying the task of hiring. Shortlisting the skilled and right employee which best suits your needs will become easy using this software. The AI of the tools starts the screening process and gives the list of only those candidates who truly deserve the post.

    Top Enterprise Recruitment Software

    ZohoRecruit
    BambooHR
    RecruiterFlow
    Yello
    Oorwin
    Wisestep
    Lever
    Greenhouse
    JazzHR
    TalentRecruit

    ZohoRecruit

    Website www.zoho.com/recruit
    Rating 4.5 out of 5
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Zoho Recruit - enterprise recruitment software
    Zoho Recruit – enterprise recruitment software

    Zoho, a well-known and trusted software solution provider offers its powerful recruitment tool – Zoho Recruit. Zoho Recruit is a full-fledged software to handle the hiring process. The facilities provided by this tool can handle your work from requisition to onboarding a new talent in your team.

    A simple and interactive interface with everything well organized makes the hiring experience effortless. Create a job application post from scratch and acquire the details of the applicant in a single interface. Apply varieties of filters to narrow down the job applications. It will screen the candidates and provide the list according to your requirement. Now spend more time on interviewing and less time on shortlisting.

    All the job applications which come from a different medium, like the career section of a company or any job posting sites, will automatically sync with the software in one place. Flexibility to choose the desired time for an interview by the candidate from the available time slot.

    Zoho Recruit – An Applicant tracking system Overview. Learn how to setup your ATS now!

    Features of ZohoRecruit

    • Create a Pipeline and smoothly change the status of the candidate from screening, offered, interview rejected, and hired.
    • Smart filtering to sort the application based on location, industry, skill, and more.
    • Easy scheduling of interviews through a video call or in-person interview.
    • Invite other reviewers and log the interview to share with the client or for future reference.
    • Recruit anytime anywhere with ZohoRecruit mobile application.

    Pros

    • User-friendly interface
    • Extensive integration capabilities
    • Efficient candidate tracking and management

    Cons

    • Limited customization options
    • Advanced features available only in higher-priced plans
    • Occasional technical glitches

    Pricing

    Plan Yearly Price Monthly Price
    Foreever Free ₹0/user/billed annually ₹0/user
    Standard ₹1,250/user/billed annually ₹1,500/user
    Professional ₹2,500/user/billed annually ₹3,000/user
    Enterprise ₹3,750/user/billed annually ₹3,000/user


    Start Using ZohoRecruit Now

    BambooHR

    Website www.bamboohr.com
    Rating 4.6 out of 5
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    BambooHR - top recruitment software in india
    BambooHR – top recruitment software in india

    From Posting a job to hiring the best talent in your organization, BambooHR is the tool to make this process facile. The thing which differentiates the best tool from the competition is simplicity. BambooHR provides a simple interface with every database well-organized.

    Like other recruiting software it won’t stop its operation on offer letters, but it also helps to onboard the recruit on the first day of joining. Collaborate with colleagues in the process of recruitment and sync the real-time update on the desktop and mobile app.

    As you know, “First impression is the last impression”. Make your brand image strong in front of the applicant with seamless and interactive hiring.

    Features of BambooHR

    • Efficient onboarding to assist the newly hired talent.
    • Identification of hiring issues with reports and analytics and measuring the performance.
    • Integration with famous job boards like Indeed, ZipRecruiter, Glassdoor, and social media sites LinkedIn, Twitter, and Facebook.
    • E-signed professional offer letter to send to newly hired talent.

    Pros

    • Comprehensive HR features
    • Excellent onboarding and employee management
    • Intuitive and user-friendly interface

    Cons

    • Steeper learning curve for new users
    • Limited customization and reporting options
    • Integration options with other systems are limited

    Pricing

    BambooHR offers custom pricing plans. Directly contact vendor for pricing details.

    RecruiterFlow

    Website Recruiterflow.com
    Rating 4.8 out of 5
    Free Trial Available
    Platforms supported Web
    RecruiterFlow - enterprise recruiting software
    RecruiterFlow – enterprise recruiting software

    RecruiterFlow is a talent acquisition software that is loaded with all the essential features to hire talented and deserving candidates. In this fast-paced world, automation is the key to cope-up with the speed of fast-changing technology. This software is designed to automate your workflow. Whenever any task is triggered, it will perform a certain action assigned by you, like sending an email, text message, alert, task creation, or adding a candidate to the campaign.

    Effective dashboard with interactive visuals to analyze every aspect of hiring at a glance. Easy and fun to manage the pipeline with an advanced drag-and-drop interface. Some amazing functionality of this tool is tagging in notes, clicking to call and text, and scorecard.

    Send a personalized email to hundreds of candidates in a single click, also it provides the option to choose the desired template that reflects your brand identity. All the sent emails are trackable, which means you can check whether it was opened by a candidate or not.

    Features of RecruiterFlow

    • Full control over what you want to show and to whom.
    • Drag and drop feature to prioritize the best talent in the pipeline.
    • Chrome Extension to source the candidate information from job boards or social media sites like LinkedIn in a single click. Everything will automatically sync to RecruiterFlow.
    • 25+ job board options available to post the job recruitment.
    • Parse your resume with an amazing resume-parsing feature and enrich your database to recruit talent.

    Pros

    • Easy-to-use applicant tracking system
    • Customizable workflows and pipelines
    • Integrations with popular job boards

    Cons

    • Lacks advanced reporting and analytics
    • Some users may find the interface cluttered
    • Limited features in the free version

    Pricing

    Plan Yearly Price Monthly Price
    Basic $85/user/month $99/user/month
    Pro $90/user/month $109/user/month
    Advanced $99/user/month $129/user/month

    Yello

    Website Yello.co
    Rating 3.6 out of 5
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Yello - enterprise recruitment software
    Yello – enterprise recruitment software

    Yello is a recruitment software that helps you to Nurture the best talent in your team. Fast-forward your sourcing by leveraging the advanced features of Yello. Enrich your database with job applicants from varieties of portals and social sites. Also, Use an in-built screening feature to filter the skilled candidate which satisfies your need and ignore wasting your time on other applications.

    Easily create your pipeline and manage the workflow, also use AI to automate the screening process and other things. Enhance the experience of the candidate with automated follow-ups and make the applicant aware.

    Since screening the candidate is in autopilot mode based on your selected criteria, you can spend more time in interviewing.

    Features of Yello

    • Option to filter the candidate based on location, qualification, gender, etc.
    • Schedule the interview with real-time sync on Outlook 365 or Google Calendar.
    • Option to choose the mode of interview, virtually or in person. Candidates can choose their desired time slot for an interview.
    • Configure the Yello to automated workflow and move candidates to the next stage automatically.
    • Data-driven recruitment decisions with well-organized reports and analytics.

    Pros

    • Effective candidate engagement tools
    • Streamlined interview scheduling
    • Excellent communication and collaboration tools

    Cons

    • Pricing may be expensive for smaller businesses
    • Some users may prefer more comprehensive ATS features
    • Limited customizability of user interface

    Pricing

    Yello offers custom pricing plans. Directly contact vendor for pricing details.

    Best HR Outsourcing Service Providers in the USA
    The top HR Outsourcing Service Providers in the USA are
    ADP, Insperity, TriNet, ACS, Gusto, Bambee, Rippling, Paychex, InfinityHR, G&A Partners, Tandem HR, Engage PEO.
    StartupTalkyAnindita Ganguly

    Oorwin

    Website Oorwin.com
    Rating 4.6 out of 5
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Oorwin - enterprise recruiting software
    Oorwin – enterprise recruiting software

    Oorwin is a comprehensive and integrated human resources management platform that offers end-to-end solutions for recruiting, applicant tracking, staffing, and CRM (Customer Relationship Management). Recruitment software like Oorwin is leveraging AI to pass the benefit to end users. The repetitive and time-consuming task goes into auto-pilot mode and gives you data-driven insights to make better hiring decisions.

    Oorwin’s robust features include candidate sourcing, resume parsing, job posting, interview scheduling, and employee onboarding, making it an all-in-one platform for talent acquisition and management. The system streamlines recruitment processes, automates repetitive tasks, and helps HR professionals find and hire the best-fit candidates efficiently. Oorwin offers best-in-class features which not only boost the speed of your hiring process but also increase the efficiency to hire the best.

    All about Oorwin | Oorwin Products | Oorwin ATS, CRM, HRMS

    Features of Oorwin

    • Branded and interactive career portal which engages the candidate from start to end.
    • AI-based screening that nurtures the best and most worthy candidate.
    • Simple and advanced interface backed with technology that gives a quick insight into open positions.
    • Drastically decrease the time to hire from requisition to onboarding with automated workflow.

    Pros

    • Comprehensive end-to-end HR solutions
    • Advanced CRM features for staffing agencies
    • Seamless integrations and customizable workflows

    Cons

    • Pricing may be higher for small businesses
    • Some users may find the learning curve steep
    • Limited flexibility in the user interface

    Pricing

    Oorwin offers custom pricing plans. Directly contact vendor for pricing details.

    List of Top Applicant Tracking Systems in 2022
    ATS is a software application that enables the computerized process of hiring & tracking candidates. Here are Top 6 Applicant Tracking Systems.
    StartupTalkyMuskaan Kapoor

    Wisestep

    Website Wisestep.com
    Rating 4.8 out of 5
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Wisestep - top recruitment software in india
    Wisestep – top recruitment software in india

    Wisestep is a recruiting software focused to streamline and accelerate the hiring process. For recruiting agencies or companies looking for talent acquisition software, Wisestep is a great option to consider. It is loaded with features like creating a job campaign, screening the candidate, and scheduling an interview to onboard.

    The resume parsing bot is the unique feature of wise step. Set up your harvest bot by applying criteria and rules, this bot will source the candidate from your desired job board based on the criteria you set. Configure the frequency and timing to run the bot and notify yourself via email, notification, or SMS.

    Features of Wisestep

    • Availability of 100+ job boards to post your recruitment.
    • Chrome extension to nurture the talent from different job and social media sites.
    • See all the databases acquired from different portals in one place and manage the further proceedings.
    • Leverage the benefit of a resume-parsing feature and enrich your database by extracting the information from the resume.
    • Smart analytics to analyze the data and make smart decisions, and also use access control to manage the data viewed by your team.

    Pros

    • Candidate sourcing from various platforms
    • Automated job posting to multiple boards
    • Candidate relationship management (CRM)

    Cons

    • Reporting and analytics capabilities could be improved
    • Limited advanced features compared to other platforms
    • User interface may feel dated

    Pricing

    Plan Yearly Price Monthly Price
    Pro $20/month $25/month
    Enterprise Custom Plans Custom Plans

    Lever

    Website www.lever.co
    Rating 4.6 out of 5
    Free Trial Not Available
    Platforms supported Web
    Lever – 

    The Lever is a robust applicant tracking system that helps to extract the right candidate by sourcing, screening, interviewing, and onboarding. Trusted by more than 5000 customers worldwide including well-known brands like Spotify and Netflix.

    Data is a new age fuel, any recruitment decision a recruiter makes is data-driven. This software provides the data in an organized format to visualize it effectively. Each data gives meaningful insight to find out bottlenecks in your hiring process.

    The primary motto of a recruiter is to hire the best talent in their organization, hence from job post creation to hire, everything should be streamlined. There is a sequence of processes to follow with insightful metrics like time to fill, time to hire, days in stages, offer sent, and acceptance rate.

    Features of Lever

    • Personalized email outreach to every candidate to make them feel unique.
    • Track your pipeline at a different stage of the recruitment process with advanced analytics and reporting.
    • Easy collaboration with the hiring team regardless of their location.
    • Efficient in collecting and analyzing DEI data to prevent your organization from biased hiring.

    Pros

    • Intuitive and user-friendly interface
    • Advanced interview collaboration and feedback
    • Robust candidate sourcing and tracking

    Cons

    • Pricing can be higher compared to some competitors
    • Limited customizability of reporting dashboards
    • Some users may find the integrations limited

    Pricing

    Lever offers custom pricing plans. Directly contact vendor for pricing details.

    Greenhouse

    Website www.greenhouse.com
    Rating 4.5 out of 5
    Free Trial Not Available
    Platforms supported Web
    Greenhouse - enterprise recruitment software
    Greenhouse – enterprise recruitment software

    Greenhouse is a recruiting and applicant tracking system that renders services to help businesses hire the best talent in less time and effort. Sourcing is the first step toward hiring and Greenhouse acts as a single platform to fulfill your need from sourcing to hiring. Easy to use interface makes the sourcing part more convenient and smooth.

    Data to keep you updated on your campaign success with the metrics like open rate, response rate, ongoing, and much more. Optimizing this data will significantly increase the quality of your hiring. One can easily create a job post to advertise on different platforms and engage the candidate throughout the process.

    Greenhouse is one of the easiest and with a rich user interface recruitment platforms to consider.

    Features of Greenhouse

    • Personalized and automated email outreach campaign to engage the candidate throughout the process.
    • Automated sourcing accurately fills the missing data so that there is no error, at the same time it will sync all the data across the platform.
    • Chrome extension which accurately finds the prospect from different sites and merges them into software for further proceedings.
    • After hiring, Onboarding the candidate into the organization with Greenhouse is extremely easy and convenient.

    Pros

    • Extensive integrations with other tools
    • Customizable recruitment workflows
    • Comprehensive reporting and analytics

    Cons

    • Pricing may be high for smaller organizations
    • Learning curve may be steeper for new users
    • User interface could be improved for better navigation

    Pricing

    Greenhouse offers custom pricing plans. Directly contact vendor for pricing details.

    How Do Job Portals Make Money? | Job Portals Revenue Model
    There is a sudden rise in job portals in India as this pandemic has boosted their growth but how do these job portals make money?. Let’s find out.
    StartupTalkyManav Makhija

    JazzHR

    Website www.jazzhr.com
    Rating 4.3 out of 5
    Free Trial Available
    Platforms supported Web
    JazzHR - enterprise recruiting software
    JazzHR – enterprise recruiting software

    Achieve your recruitment goal faster and more targeted by leveraging the benefits of JazzHR. Find potential candidates by creating a post and sharing it on various job boards and social media. It will save you time by screening the resume and identifying the best candidate at a glance. Also, attract the candidate by showcasing the best of your company and work culture.

    Email automation to notify the candidate of every aspect of hiring with customized email templates. Whenever you approve any candidate for an interview it will automatically notify the candidate with a personalized email.

    Not just an email but a well-drafted text also has the potential to scale up your applicant list. JazzHR streamlines text messages directly through the platform.

    Features of JazzHR

    • 100% customization that helps to show your brand identity in every job posting.
    • Collaborate with the team to make hiring decisions, it will allow your team to approve the candidate to move them forward in the hiring pipeline.
    • It provides a customized guide to help the hiring team to perform the interview efficiently.
    • Candidate categorization helps to organize the candidate list based on your requirement and criteria.

    Pros

    • Affordable pricing for small businesses
    • User-friendly and straightforward platform
    • Customizable job postings and careers page

    Cons

    • Limited customization options
    • Some users may find the integrations lacking
    • Advanced features may require higher-tier plans

    Pricing

    Plan Price
    Hero $49/month, when billed annually*
    Plus $239/month, on an annual plan
    Pro $359/month, on an annual plan

    TalentRecruit

    Website www.talentrecruit.com
    Rating 3.8 out of 5
    Free Trial Available
    Platforms supported Web
    TalentRecruit - top recruitment software in india
    TalentRecruit – top recruitment software in india

    TalentRecruit is dedicated to empowering recruiters with its powerful and robust recruiting platform. This software comes with all the basic plus advanced automation features to smoothen the process at every step. ERIKA, an AI-based algorithm is like a virtual assistant for you that makes hiring simple.

    WhatsApp is the most commonly used messaging app worldwide, this software established healthy communication between candidates and recruiters with WhatsApp integration. ERIKA automatically changes the status of a candidate based on their worthiness for the post.

    TalentRecruit – The Most Intelligent & Advanced Recruitment Platform

    Features of TalentRecruit

    • ERIKA, a machine learning algorithm to analyze the hiring pattern of recruiters and screen the candidates accordingly. It also helps to discover the best candidate for you.
    • In-built online candidate examination and interview management platform to assess the candidate in the best possible way.
    • Once you finalized the candidate, provide them with an amazing modern offer letter and monitor the accepted and rejected letters.‌‌
    • Smart onboarding that makes the experience of new joinee exciting and interactive.

    Pros

    • AI-driven candidate sourcing
    • Customizable workflows and automation
    • Extensive reporting and analytics capabilities

    Cons

    • Limited integrations with third-party tools
    • User interface may require improvement
    • Customer support response times could be faster

    Pricing

    TalentRecruit offers custom pricing plans. Directly contact vendor for pricing details.

    Conclusion

    In conclusion, the world of enterprise recruitment has been revolutionized by the emergence of top-notch recruitment software solutions. These advanced platforms have proven to be indispensable tools for enterprises, particularly when faced with the challenge of bulk hiring. Now it’s time to supercharge your productivity by selecting the best tools from our list of top recruiting software. Take your time and compare each tool and select the best one which suits your requirements.

    FAQs

    How can enterprise recruitment software improve the efficiency of the hiring process?

    Enterprise recruitment software automates manual tasks, such as resume screening and candidate tracking, saving time and effort for recruiters. It also provides data-driven insights and analytics, enabling recruiters to make better-informed hiring decisions quickly.

    What are applicant tracking systems (ATS), and why are they essential for enterprises?

    Applicant tracking systems (ATS) are a type of enterprise recruitment software that helps manage the entire hiring process, from receiving applications to candidate selection and onboarding. They streamline candidate management, improve collaboration among hiring teams, and ensure a seamless recruitment experience.

    Can enterprise recruitment software integrate with other HR systems and tools used by organizations?

    Yes, most top-tier enterprise recruitment software offers integrations with various HR systems and tools.

    What are the main benefits of using recruiting software?

    The main benefits of using recruiting software include streamlined hiring processes, time and cost savings, improved candidate experience, access to a larger talent pool, and data-driven decision-making.

    How can I choose the best recruiting software for my organization?

    To choose the best recruiting software for your organization, assess your specific hiring needs and processes, compare features and integrations offered by different vendors, and prioritize user-friendly platforms with excellent customer support. Conducting thorough research and seeking feedback from other users will help make an informed decision.

  • A Complete Guide for HR Outsourcing

    Human resources are undoubtedly the most valuable asset a company can have. HR outsourcing is an emerging trend in multiple industries post-2020 global pandemic. For many businesses, spending time, money and energy on internal human resources seems counterproductive. Monthly tasks like payroll and tracking hours eat into time that could be spent on company growth. Management is essential for the success and long-term growth of any business. HR outsourcing companies can manage all sorts of critical human resources and handle some or all of the company’s HR tasks.

    The HR department was overworked and tired due to the constraints posed by the COVID-19 pandemic. The idea of ​​outsourcing HR activities came about to relieve HR teams from important but time-consuming tasks. If you’re considering outsourcing your human resources department, there’s a lot you need to know before finalizing the decision.

    This article will help you with all the necessary information that you require to outsource your HR department.

    What Does HR Outsourcing Mean?

    HR outsourcing is the practice of hiring third-party enterprises to handle the HR activities of a company and its administrative tasks. Human resources outsourcing can cover a broad spectrum of services, from day-to-day HR functions to long-term, strategic initiatives. In most cases, it is a contractual agreement between the organization and the third-party service provider where the organization transfers the responsibility of managing certain aspects of its human resources to an external entity.

    Which HR Functions Can Be Outsourced?

    The HR service provider provides almost all HR solutions but not all HR functions can be outsourced. Outsourcing functions can involve a loss of control and imbalance in the organisation. Therefore, it is good to know which tasks are worth outsourcing and which are not. Some of the HR activities that can be safely outsourced are:

    • Talent acquisition
    • Background and reference checking
    • Payroll processing
    • Time tracking
    • Performance management
    • Risk Management
    • Work Place Safety
    • Employment and Lobor Law Compliance
    • Employee counselling
    • Employee relations
    • Employee benefits administration

    How Does HR Outsourcing Help an Organization?

    Ideal for Small Businesses

    Most small businesses benefit from HR outsourcing. This saves money and time. For example, maintaining a full HR department may not be feasible for a small business.
    Hence, taking the services of a Professional Employer Organization (PEO) may be the best option. A specialist PEO can take care of all the HR functions required by a small business, including payroll compliance, benefits and evaluation, and compliance with labor laws and regulations.

    Enhances Efficiency

    Outsourcing HR functions can improve the efficiency of the business. Many human resources functions require specialized knowledge, such as formulating employee policies and developing payroll.

    Outsourced HR has a centralized HR portal where employees can quickly access all their information, upload documents, and get a clear understanding of company policies. This allows the company managers to ditch the paperwork and instead focus on crucial revenue-generating tasks and analyse employee performance for better outputs. Thus, all employees in the company function at peak efficiency doing core business tasks while the outsourced team manages the HR functions.

    Laws and regulations relating to human resource practices change regularly. Therefore, it can be difficult for companies to keep track of all such changes. Professional HR consultants come with a large experience in managing legal matters. Moreover, updating employee policies and benefits according to the revised regulations and industry-standard is vital but tiresome. These activities require hours of research and understanding of the complex legal scope. Outsourcing professional HRs shields the employer from sticky legal situations such as investigations, disciplinary actions, and complications that may arise with certain employees.

    Streamlines Recruitment Process

    The most important block for any organisation is a skilled employee. Talent recruiting requires years of experience and an in-house HR team may not have all the attributes of good HR management. HR agencies work closely with professional job portals and are better placed to find talent than the in-house HR department. These agencies allow the organization access to a wider and more qualified talent pool. As a result, companies can choose from a broader spectrum of experienced and highly skilled people.

    Talent recruitment agencies are more in line with industry standards in terms of benefits and compensation. Organisations can rest assured that recruiters are neither underpaid nor overpaid which directly impacts and helps to ensure employee satisfaction and retention.

    Helps to Focus on Core Competence

    As a business grows, the focus shifts from core to peripheral areas like HR. With outsourcing HR functions, companies can return to what they can do best, which is their core competency. It is most beneficial for companies to outsource their non-core competencies and focus on the more strategic aspects of HR such as new program creation, competencies, performance management and workforce management. By outsourcing, companies may allocate their efforts toward more strategic initiatives.

    What Are the Drawbacks of HR Outsourcing?

    Data Security at Stake

    Whenever HR functions are outsourced, sensitive employee information, social security numbers, and bank account details are exposed to risk. In addition, there can be the possibility of data leakage, data theft, or data loss due to server failure.

    Lack of Control

    Businesses employing a third-party enterprise to deal with HR issues may develop a barrier between the employer and employees. HR staff knows what makes your employees happy and how your workplace operates. As a result, organizations may lose direct contact with their employees, leading to communication gaps and employee dissatisfaction.

    No Cost Limits

    One of the biggest disadvantages of outsourcing HR is to balance cost and performance quality. Finding a quality HR provider within your budget is a struggle. Budget issues are one of the most difficult issues to deal with in international business.  One can hire an affordable HR service provider, but there’s always the risk of decreased performance quality which directly affects the business and may have to suffer a loss.

    Lack of Customized Services

    HR agencies can offer efficient HR solutions, but they may not be good at providing customized solutions. If a company needs a unique organization-specific HR policy, outsourced firms may not do that efficiently. They usually offer a standard service for most of their customers. For company-centric policies and hiring procedures, they may ask for additional charges.

    Conclusion

    Several companies are offering outsourced HR solutions. You may want to outsource the entire HR department or a single function; choose the HR expert and agency per your need, budget, and compatibility.  By having someone else handle all of the paperwork and administrative tasks associated with HR, your HR team can focus on its core functions.

    FAQs

    Is outsourcing HR a good idea?

    Outsourcing is considered an effective exercise in cost and time management, especially for small businesses.

    What do HR Outsourcing companies do?

    These companies offer HR-related services to their clients. Companies often resort to outsourcing their services when they cannot conduct those functions competently in-house.

    HR Outsourcing handles important but complex services pertaining to human resources like payroll processing, recruitment, training, benefit plan management, and more.

    Which are the Best HR Outsourcing Service provider for Small Businesses?

    Companies such as CoAdvantage PEO, Bambee, Zenfits, Workday, and Trinet are best suited for small businesses.

    Which are the leading HR Service provider companies?

    Rippling, Paychex, ADP, Insperity, Engage PEO, G&A Partner, and Tandem HR are leading HR services providers in the market.

  • Top 5 HR Tech Startups in India- An Ultimate Solution To Your Best Recruit

    India is one of the youngest nations in the world with a large chunk of its population, under the age of 35. So, if India wants to be at the pinnacle of success, this population must be employed. Every year crores of students graduate from colleges with an aim to earn and live their dreams.

    Earlier, it was an easy shot for companies to find their candidates during college recruitment as the population was less and so was the competition. But today in this era of cut-throat competition, it becomes difficult for the hiring team to find the perfect guy for their company!

    Every Computer Science graduate burns the midnight oil to get placed at Google or Microsoft while an Electrical/Electronics engineer wants to work with Texas instruments. So, the selection process too became complex and difficult.

    Since companies can’t spend a lot of money and time on recruitment, they have found a better way to do that i.e. to just give the task to an HR company! So some other firm would do the task for you. So, let’s find out about this new venture and whether it will stabilize for the long run in the market! So, let us see the complete story behind the top HR Tech Startups in India:

    Belong
    Darwinbox
    Edge Networks
    Monjin
    Mettl
    FAQ

    Belong

    Belong Website
    Belong Website

    Launched in 2014 by BITS Pilani alumnus Vijay Sharma. Belong is a predictive hiring platform to discover and engage high-impact talent through data science and predictive analytics. They are considered as one of the top HR-Tech companies in India.

    Currently, Belong works with Amazon, Reliance Jio, Cisco, and ThoughtWorks. Belong’s machine learning algorithms help businesses discover and target high-fit talent, engage candidates through personalized interactions, and accelerate hiring cycles at scale. In 2019, the firm raised $10 million.

    Darwinbox

    Darwinbox Website
    Darwinbox Website

    Established in 2015 by Jayant Paleti, Chaitanya Peddi, and Rohit Chennamaneni. Darwinbox is a cloud-based HR solutions firm. An end-to-end HR platform, Darwinbox offers solutions for recruitment, core HR processes, employee engagement, performance management, employee movement, and others.

    The platform’s AI engine allows a recruiter to analyze a job description and employee profile picking up keywords to arrive at a certain ranking metric. So, if there are 400 applicants for a job, the system will shortlist about 10-15 applicants for the recruiter to talk to, which saves time, increases productivity, reduces costs, and results in better talent acquisition. The three-year-old firm serves over 100 clients, including Paytm, Ekart, Spencer’s, Delhivery, and others.

    ZingHR Strategic Expansion Planning And Future of The Hire-to-Retire Plan
    ZingHR, an Indian technology company, develops a cloud-based workforcemanagement platform that uses artificial intelligence to facilitate or automatehuman resources tasks throughout the employee cycle, including recruiting,training, and performance evaluation. ZingHR is an HR and payroll managem…
    StartupTalkyVibhavari Madki

    Edge Networks

    Edge Website
    Edge Website

    Started in 2012 by Arjun Pratap, EdGE Networks provides a suite of AI-powered products that not only auto-source, auto-screen, auto-engages the best candidates and employees for a role, but also recommend the best career path and draw up a personalized learning path for each employee.

    Over six years, the team at EdGE Networks has developed productivity tools that leverage AI to help businesses address challenges in the areas of talent acquisition, workforce optimization, talent transformation, and workforce planning. The company has three enterprise solutions –Talent Analytics, Workforce Optimisation, and HIREalchemy – that cover a gamut of HR requirements.

    Colangels Story – Connecting the Indian Startup Ecosystem
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. Note: This Startup has been shut. We hardly know any startup who has aggregated the needs of the …
    StartupTalkyShubham Kumar

    Monjin

    Monjin Website
    Monjin Website

    Launched in 2014 by Abhijit Kashyape, Monjin is an on-demand interview platform that uses digital and video assessment to let candidates showcase their skills and personality, and help corporations find the right hire. On Monjin, assessments are not done by technology. Senior industry individuals review prospective employees for a company.

    The interviewers and candidates are matched on the Monjin engine through AI for an interview. The clients have access to a video interview where they see the interviewer and the candidate both in the frame, the interview is indexed, rated, tagged by skill, and subskills, by behaviour and by competency. There is also a summary video as a part of an assessment, which is delivered by the expert.

    Mettl

    Mettl Website
    Mettl Website

    Mettl’s journey began in 2009 when Co-founders Ketan Kapoor and Tonmoy Shingal came together with a common vision: leveraging technology for hiring practices in Indian and Global companies. Mettl offers recruitment assessment, programming tests, psychometric tests, aptitude tests, a pre-built test library of 200-plus tests, an interview app, vocational skills assessment, remote proctoring, deep analytics in performance management, and certification platform, among others. With a presence across 100 countries, the Gurugram-based HR tech firm has over 1,800 clients across the world.

    Top 7 Tech Trends Every HR Must know in 2020
    Technology has an impact on every industry. The recruitment industry has alsobeen influenced by various technologies in past. The industry is experiencingrapid growth as a new players are entering the market. Technology has advancedat a ridiculous pace in the last ten years. Every company should …
    StartupTalkyArbaz Sayed

    Conclusion

    So, this completes our list of top hr tech companies in India. If you are looking for HR startups in India, then give these startups a go! It’ll save you a lot of money and energy and find you the right candidate for your company.

    FAQ

    What does an HR do?

    An HR or Human Resources manager looks into the well-being of the employees in the company specifically in strategic management, recruitment and training, policy formulation, risk management, labour relations, and alike.

    What are some HR startups in India?

    Some HR startups in India are DarwinBox, Belong, Monjin, Mettl, and EdGe Networks.

    Is it compulsory to have an HR in your company?

    It depends on the size of the company, if it is a small startup usually the founder takes on the responsibilities of HR as well. But for bigger established companies a separate person for HR is a must to function smoothly.

  • Recooty- World’s Easiest Recruiting Software

    “The secret of my success is that we have gone to exceptional lengths to hire the best people in the world,” says Steve Jobs, the CEO and co-founder of Apple. There is no denying the fact that the success of any company directly depends on the manpower it employs. Recruiting, as such is very crucial and also a tough job. To make the process of recruiting easy, many recruiting software are coming up in the market. However, not all of these software are easy to use and comprehensive. With the aim to fill this gap in the recruitment software market, Recooty, a Jabalpur based startup has come up with a software to simplify and automate the hiring process for startups and SMEs. StartupTalky interviewed Recooty’s co-founder Hardik Vishwakarma to understand more about this startup.

    Recooty – Company Highlights

    Startup Name Recooty
    Headquarter Jabalpur
    Founders Hardik Vishwakarma, Avdhesh Solanki & Darshna Bais
    Sector IT & HR
    Founded 2018

    Recooty – About and How it Works
    Global Recruitment Software Market
    Recooty – Founders and Team
    How was Recooty Started
    Recooty – Revenue Model
    Recooty – User Acquisition
    Recooty – Startup Challenges
    Recooty – Competitors
    Recooty – Advisors and Mentors
    Recooty – Awards & Recognitions
    Recooty – Future Plans
    Recooty – FAQs

    Recooty – About and How it Works

    Recooty is a recruitment software company that simplifies the process of hiring. Founded in 2018, Recooty is helping small & medium businesses in building their great teams. It envisions to make recruitment the easiest task for SMEs and is guided by the belief that every organization deserves a better team to achieve its goals.

    Recooty Logo

    Recooty is modern recruitment software for ambitious businesses to attract and engage great talents easily. It makes your company’s hiring process more efficient and simpler. This is how Recooty works–

    Step-1: It lets you describe your awesome open position, & broadcasts that amazing role to the world’s topmost job advertisers, social channels & your careers page within a single submission.

    Step-2: Great candidates can see & apply from wherever they are, just sit back and enjoy new applicants.

    Step-3: Reviewing & shortlisting the best applicants is super easy from the dashboard.

    Step-4: Email and calendar integration takes the pain out of interview coordination.

    Step-5: Welcome your new awesome candidate to your amazing company.

    Also, it lets you create your own branded careers page with no coding required, that’s hosted free on Recooty. Having a career page helps a company attract more interested applicants for its openings.

    How AI Is Transforming HR Department?
    Human resources is no less than a building-block for organizations. A robust HRteam can take companies and organizations to the next level; at the same time, aweak one can spoil established companies. It is vital to nurture and improve thehuman resources department. After all, this service line r…
    StartupTalkyDevashish Shrivastava

    Global Recruitment Software Market

    According to Monster.com, the global employment website, $1,872 is spent on average by small businesses to hire someone new. According to SHRM, it takes 42 days on an average to fill a vacant position. Again 75% of hiring and talent managers use recruiting software and/or applicant tracking software when hiring as reported by Capterra.

    The global recruitment software market was valued at US$ 1753.2 Million in 2017 and is anticipated to expand at a CAGR of 7.4% and reach US$ 3095.8 Million by the end of 2025.

    Teleduce Success Story – Integrated Sales and Marketing Software
    Corefactors Startup Success StoryMarketing and sales are the lifelines of any business. Managing and convertingleads through appropriate campaigns and communications is equally important fora startup, an SME or an established large scale business. Various sales andmarketing automation tools are…
    StartupTalkyChayanika Goswami

    Recooty Founders and Team

    Hardik Vishwakarma, Avdhesh Solanki & Darshna Bais founded Recooty in 2018.

    Recooty Founders

    Hardik Vishwakarma is a graduate in computer science. He is associated with another startup VidTold, which creates powerful marketing videos for companies. Hardik was also a part of the founding team of Food o Clock, which he exited in 2016. Hardik loves numbers and focuses more on traction and business.

    Avdhesh Solanki, founded MotorBabu, a startup providing car and bike repair services and was also part of the founding team of Provanic, a startup related to information technology and services. Avdhesh exited Provanic in 2015. He also worked with EngineerBabu as CTO. Avdhesh is the master-chef of Recooty, a geek by nature and looks after the technical aspects.

    Darshna Bais is a B.tech by qualification. Emerging women entrepreneur Darshna ensures that’s the quality of the product is top-class. Prior to founding Recooty, she worked as a software tester in EngineerBabu.

    Recooty Team

    The other members of the team are–    

    Pavitra handles the coding part at Recooty. He is a graduate in computer science. The team calls him Newton, a Young-Turk with tremendous technical skills.

    Nayonika is the creative content writer. She is a B.tech in electrical engineering. She is known at Recooty as the Ink Magician. She writes what people love to read.

    Tanya Rajak handles the graphic designing section at Recooty. She curates designs that builds credibility and brand recognition. Tanya is a computer science graduate.

    Anupam Majumdar helps the company in creating powerful brand value and driving sales.

    14 Spokespersons Endorsing On How companies Are Keeping Up With Employee-Engagement And Well-Being Remotely
    Remote working and work-from-home is a convenient trend that’s gaining tractionsince the global pandemic has struck all our lives. Many tech companies likeadobe, and Facebook have gone WFH at least till June of 2021. Twitter and Squarehas announce Work From Home Forever Option. It’s high time f…
    StartupTalkyAvantika Bhardwaj

    How was Recooty started

    The idea was born out of the personal inconveniences faced while hiring for an organization.

    “We were struggling to hire the perfect candidates for our previous organization, our mail-boxes were choked by tons of irrelevant applications from unqualified candidates. There was no simple solution which could manage applications and make our hiring process simpler. Our company needed simple yet effective recruitment solutions to accomplish our recruitment goals”  Hardik recollects.

    They tried many leading recruiting software which seemed useful at first glance but later they discovered that these software are not much helpful. Again, most of the recruiting software are either too complex or highly overpriced.

    So, finally they decided to build a simple tool which could manage applications, help in streamlining the company’s recruitment process and thus help in building a great team. Today Recooty is known as the World’s Easiest Recruiting Software.

    Recooty – Revenue Model

    Recooty’s revenue model is subscription based. There are monthly and annual plans that the recruiters can subscribe to. While the basic plan is free, the ‘Pro’ and ‘ultra’ plans come with subscription fees.

    Monthly Plan:

    Annual Plan:

    Features:

    Recooty - Plans and Features
    Recooty – prices and feature

    Recooty – User Acquisition

    The strategy to acquire the first 100 customers was pretty simple for Recooty. Being in the IT industry for more than 5 years, Recooty founders have a good network and support from their entrepreneur friends, which helped them in spreading the word on LinkedIn and other social channels. Apart from that, Recooty was launched on Product Hunt, Beta List and Beta Page which helped the startup in getting the initial traction.

    Recooty team has been following the 50%rule to run the business.  

    “Since launch, we have followed the 50% rule, that has helped us in acquiring 1000 customers globally within a year. We give 50% time on product development and 50% time on marketing and traction. This rule has tremendously helped us in understanding what people actually want and helped us in building a great recruiting product”  

    Recooty has partnered with the world’s top-most job boards to give enormous reach to the jobs posted by its clients using Recooty.  Recooty has partnered with Google For Jobs, Adzuna, CareerJet, Jora, Job Inventory, Job is Job and many more. That enables quick job posting to all the job boards within a single submission. Recooty also focused on platforms like Quora, Medium, HR blogs & Social networks, to reach out to its customers.

    Though the Recooty team focuses more on organic marketing, Quora Ads, Facebook remarketing and Google Adwords have also worked well for the company.

    Gartner Digital Markets recently evaluated over 320 Applicant Tracking System(ATS), and Recooty has emerged as a game changer this year, dominating the first position with 4.95 out of 5. This ranking has tremendously helped Recooty in building trust worldwide and acquiring new customers.

    Recooty – Startup Challenges

    Recooty started from Jabalpur, a tier 2 city which no one knows for IT. So, gaining trust from the clients & finding the best resources was an initial challenge for Recooty. Now, Recooty has collaborated with people and organizations from around the world, which has helped it develop a world-class product loved by its clients.

    Collaborations immensely worked for us, now we have people working for us in the US, UK, Germany & Mexico.

    8 Ways to Toggle SaaS Customer Retention
    Hello, entrepreneurs, today we are going to discuss the business operation andSaaS customer retention importance for the B2B SaaS companies. The B2B SaaScompanies are those who handle business to business operations. Like, theyprovide business to another business house, they won’t directly deal w…
    StartupTalkyShubham Kumar

    Recooty – Competitors

    Workable and Breezy HR are some competitors of Recooty. Workable & Breezy HR have been into business for more than 5 years now. However, what makes Recooty unique is simplicity, UI & UX. Another USP of Recooty is that it has been recognized as the world’s easiest  recruiting software.Recooty has the quickest customer support, the average response time being just 10 seconds.

    Recooty – Advisors and Mentors

    The Advisors of Recooty are–

    • Nemesh Singh, CEO & Founder at Appointy
    • Mayank Pratap, Co-founder at EngineerBabu
    • Christian Thaler-Wolski, B2B SaaS Startup & VC Fund Advisor  

    Recooty – Awards and Recognitions

    Gartner has rated Recooty as the #1 applicant tracking system in 2019.

    Recooty – Future Plans

    Recooty currently has over 4000 global customers. Till date, 9000+ jobs have been posted through Recooty and 25k+ applications have been received. In 2019, Recooty is focused on acquiring 10k customers. It is also working to build advanced recruitment features.    

    Our team is working hard to make the lives of every hiring team easier than ever.

    Recooty – FAQs

    What is Recooty?

    Recooty is one of The Best Applicant Tracking System & Recruiting Software. It envisions to make recruitment the easiest task for SMEs and is guided by the belief that every organization deserves a better team to achieve its goals.

    Who are the Founders of Recooty?

    Hardik Vishwakarma, Avdhesh Solanki & Darshna Bais founded Recooty in 2018.

    How does Recooty make money?

    Recooty’s revenue model is subscription based. There are monthly and annual plans that the recruiters can subscribe to. While the basic plan is free, the ‘Pro’ and ‘ultra’ plans come with subscription fees.

    Who are the Top Competitors of Recooty?

    Workable and Breezy HR are some of the Top competitors of Recooty

  • HackerEarth – Crowdsourcing Solutions from the Developers’ Community!

    As it is correctly said, people who solve problems the best have suffered the most. Similarly, Sachin Gupta and Vivek Prakash being app developers themselves launched their startup HackerEarth in 2012 with the motive to build an entirely meritocratic system using a sufficiently objective measure for an app developer’s skills.

    Their initiative was driven by the fact that the number of technology employment opportunities are growing at an exponential rate. And with the advent of digitization, more and more jobs are being available to Information Technology (IT) professionals. Still, there are a bunch of app developers who do not get the job they deserve.

    HackerEarth – Company Highlights

    Startup Name HackerEarth
    Headquarter San Francisco Bay Area, West Coast, Western US
    Sector Edtech and Recruiting Platform
    Founders Sachin Gupta, Vivek Prakash
    Founded 2012
    Parent Organization HackerEarth Inc.
    Website hackerearth.com

    About HackerEarth and How it Works
    HackerEarth – USP and Innovation
    Founders of HackerEarth and team
    How was HackerEarth Started?
    HackerEarth – Startup Launch
    HackerEarth – Business Model and Revenue Model
    HackerEarth – Startup Challenges
    HackerEarth – Funding and Investors
    HackerEarth – Growth
    HackerEarth – Future Plans

    Check out this List of EdTech Startups in India | Emerging Education Startups

    About HackerEarth and How it Works

    HackerEarth mainly focuses on crowd sourcing solutions from the developers’ community. So, it ideally provides enterprise software solutions that help organizations to manage the firm with effective innovation and solve their technical recruitment needs.

    HackerEarth Logo
    HackerEarth Logo

    They also have launched a second version of the innovation management software. This new version focuses on creating a holistic innovation management unit within the company itself. This, in turn, paves the way for enhancing greater creativity and a culture of innovation in the organization. Also, the new version puts extra focus on security, customization, and verticalization of the product across various industries.

    All in all, HackerEarth’s innovation management software is a superiorly indispensable platform for enterprises that helps them to tackle various problems through internal and external audiences respectively.

    HackerEarth – USP and Innovation

    • HackerEarth holds a community of more than 2 million-plus app developers coming from more than 57 countries backed by robust platforms to swiftly drive superior innovation in the industry.
    • HackerEarth also has launched an initiative where they enable enterprises to host innovation challenges for business-related problems and the startups can participate. This initiative is called Startup Connect.
    • The startups who perform well are shortlisted and get a chance to work with enterprises to co-create creative and innovative solutions.

    Also read: Aviate – Making College Students Job Ready

    Founders of HackerEarth and team

    HackerEarth was founded by Sachin Gupta and Vivek Prakash in 2012.

    Sachin Gupta and Vivek Prakash are founders of HackerEarth
    Sachin Gupta and Vivek Prakash

    Both of the co-founders, Sachin Gupta and Vivek Prakash, are hardcore programming graduates from IIT Roorkee. And both of them at different points interned and also worked with Microsoft and Google

    Sachin Gupta, CEO, and Co-founder – Having been a startup founder for most of his professional life, Sachin Gupta is an entrepreneur by heart. He claims that he absolutely loves doing whatever it takes to build a company and is powerfully driven by things that challenge him.

    Vivek Prakash, CTO, and Co-founder – A programmer at heart, a dual degree holder in computer sciences. Vivek leads the Information Management Group at IIT Roorkee and has also been a part of Google Summer of Code program.

    Currently with 120 members, HackerEarth has close to 45 people in engineering, 15 marketers, and 25 sales representatives, with the rest in operations.

    How was HackerEarth Started?

    Like many other startups, HackerEarth also started in the dorm room. These two individual’s passion for app development was at an all-time high when they were in college. Taking the same passion forward, they thought that it’d be a great idea to build a product that cultivates the culture of coding amongst the students in India.

    And that’s how they came up with MyCareerStack. After its huge success, they again put their passion for driving seat and thought of exploiting the problems that companies face while recruiting. And to create a solution to this, they launched HackerEarth.

    Relevant read: Skillate- Solving the Complications of Recruitment Flawlessly

    HackerEarth – Startup Launch

    HackerEarth penetrated in the market with the strategy for creating programming courses to majorly serve two purposes:

    • To enable the programmers to practice and learn code.
    • And to allow the programmers to compete with other programmers through exciting and meaningful contests.

    HackerEarth has created some interesting programming challenges with certain levels of difficulty which appeal to all the developers on a global level. They are called Hackathons.

    Hackathons provide a great platform for developers to showcase their talent. These type of programs keeps the programmers engaged and allows them to practice and learn code in a fun way. At HackerEarth, the range of learning varies from basic concepts to advanced ones. The basic concepts include modules like Algorithms and Data structures and the advanced concepts include modules like Machine Learning.

    HackerEarth – Business Model and Revenue Model

    So ideally, there are two products that HackerEarth has to offer. Both the products are essentially sold as SaaS:

    • HackerEarth Sprint– It is an innovation management software that helps companies drive creativity and innovation through internal and external talent pools. This includes its global community of 2M+ developer and they work with large enterprises, SMBs, Universities, and Government entities to help them effectively solve their innovation needs.
    • HackerEarth Recruit– This is a more on the technology side. It is a technical recruitment interface that helps in optimum technical talent screening which allows its clients to build a strong and proficient team.

    HackerEarth – Startup Challenges

    The biggest challenge for HackerEarth like any other startup is to scale the programmers and keep them engaged on HackerEarth. It seems like stronger the hub, easier is the business operations. So for HackerEarth, everything stems from the hub and scaling it across the world is the biggest hurdle to toss.

    Relevant read: How Hiring is Affected due to Coronavirus Outbreak?

    HackerEarth – Funding and Investors

    HackerEarth has raised a total of $11.5M in funding over 5 rounds. Their latest funding was raised on Nov 1, 2018 from a Series B round.

    Here is a list of all the funding rounds of HackerEarth-

    Date Stage Amount Investor
    June 2013 Venture Round – –
    February 2014 Seed Round $500K Prime Venture Partners
    April 2014 Seed Round – –
    February 2017 Series A $4.5 Million DHI Group Inc
    November 2018 Series B $6.5 Million –

    HackerEarth – Growth

    • HackerEarth’s corporate client’s list is seamlessly unending. This list includes huge companies like Wipro and Adobe.
    • Since the launch to now, HackerEarth has been growing exponentially. Now, they are a team of 120+ people, are catering to more than doubled user base and grew their revenues 5X.
    • Also, HackerEarth has grown into a global community of 2+ million developers driving creativity and innovation to the field like a force.

    Also read: Colangels – Connecting you with right people

    HackerEarth – Future Plans

    • Expanding the brand presence across other countries with a prime focus on US, Europe, and SouthEast Asia is number one on the list of HackerEarth’s plans.
    • HackerEarth is aiming to be the largest platform for developers. Hence their long term plan is to add over a million more programmers to this community over the next few years.

    “This is the right time for us to look at markets overseas, when our India business is still growing, rather than a time when we are reaching saturation in this market. At present, 85 percent of our revenues come from India and 15 percent from international markets. In three years, we see this balancing out to a 50-50.”, said Sachin Gupta, co-founder of HackerEarth.

  • Skillate- Solving the Complications of Recruitment Flawlessly

    Recruitment is a tough process and it’s not just today but it always has been. Intending to make recruitment Easy, Fast and Transparent, Bipul Vaibhav, Anand Baranwal, and Kumar Sambhav launched Skillate in 2016. The whole idea behind this venture is to shift the focus of recruitment teams “from the ‘how’ to the ‘who’, i.e. process automation to candidate recommendation.”

    Skilliate HighLights

    Startup Name Skilliate
    Headquarter Bangalore
    Sector HR Tech
    Founders Bipul Vaibhav, Anand Baranwal, Kumar Sambhav
    Founded 2016
    Website skillate.com

    Skilliate Details

    Skillate – About and How it works
    Skillate- USP and Innovation
    Skillate – Target Market Size
    Skillate – Founders and Team
    Skillate – How did skilliate start?
    Skillate – Startup Launch
    Skillate – Business Model and Revenue Model
    Skillate – Startup Challenges
    Skillate – Funding and Investors
    Skillate – Advisors and Mentors
    Skillate – Growth
    Skillate – Future Plans

    Skillate – About and How it works

    Skillate is an advanced decision-making engine to make hiring easy, fast, and transparent. The AI-based platform helps in optimizing the entire value chain of recruitment, beginning from creating the job requisition, to resume matching, to candidate engagement. Skillate can work as both –

    1. A standalone Application Tracking Software (ATS) that takes care of the end-to-end recruitment needs of your organizations, or
    2. As an intelligent system that integrates with your existing ATS to make your recruitment easy, fast, and transparent.

    Skillate solutions are solving the following problems:

    • Candidate sourcing: Skillate’s new-age sourcing methodology continuously expands your central database through a connected network of resources: job boards, emails, ATS, consultancies, referrals, career pages, etc. Skillate solutions help you utilize your central database better.
    • Candidate screening: Skillate Chatbot and AI-powered matching, thinks like a recruiter and provides AI-backed scores for candidates based on education, experience, and skill levels. The intelligent platform provides ‘much beyond a keyword match’, and understands patterns and context to ensure that you never miss out on a quality candidate.
    • Candidate experience: The Conversational AI of our chatbot automates communication and creates personalized candidate experiences at scale. It captures information beyond resumes (for ex.- shift and relocation readiness) and keeps the information repository fresh. Our JD assistant, on the other hand, gives real-time feedback to recruiters on their JD and helps them in writing detailed job descriptions to attract the best candidates.

    Also Read: Top 6 Ways ChatBot For Business Can Help You

    Skillate- USP and Innovation

    Skillate has trained its system with over 20 million diverse profiles and has 15+ paying clients. Working with it, the clients have achieved the following benefits:

    • Reducing hiring time by 65%
    • Cost per hire by more than 30%
    • 40% Lesser Interviews
    • 2.2x conversions

    Some other prominent USP’s are:

    • The AI-based solutions are ‘self-learning’ and provide improved results over time
    • Skillate is secured and is working with some of the biggest enterprises across sectors
    • Skillate integrates with existing ATSs like Success Factor and Taleo to help organizations with a smooth transition
    • Skillate works efficiently at scale. The platform processes 5 Lakh resumes screening in 4 seconds
    • Skillate is the official partner of SAP

    Skillate – Target Market Size

    The Recruitment Industry in India is growing at 21% per year and is approximately worth Rs. 35,000 crores as per Executive Recruiters Association and Ernst & Young. The global recruitment software market size was valued at US$ 1,753.2 Mn in 2017 and is projected to reach US$ 3,095.8 Mn by the end of 2025, exhibiting a CAGR of 7.4%, according to Fortune Business Insights.

    The technology landscape is dynamic. Currently, traditional products like Workday, SuccessFactors, etc. are used by enterprises. Even though these solutions promise end-to-end management of the recruiting process, there are gaping holes that need to be filled. Solutions that use cutting edge technology along with the power of AI to integrate with these existing platforms can solve some real pain points of the industry. New players like Skillate, Talview, HackerEarth, Leena AI, KPISoft, Xoxoday, etc. are centering themselves around a mother platform to make the entire recruitment experience seamless.

    “People Analytics” and “Offer to Joining Ratio” are two new problems of this decade. Diversity and Inclusion is one of the core agendas for all the large enterprises today, and it is a global mandate to implement this at scale. The industry has started talking about the Quality of Hire and Reduced TAT by leveraging technology. The world is expecting to see some great innovation happening in these areas. So, in general, there are exciting times ahead. In the next 5 years, the industry will talk about analytics in the HR function by leveraging tools like Tableau or Power BI the way we do it in Sales, Marketing, or Operations.

    Skillate – Founders and Team

    The founders Skillate are Bipul Vaibhav, Anand Baranwal, and Kumar Sambhav. Sambhav and Bipul are friends from their college days. Sambahv was more into technology, and Bipul always had a great sense of business. When they decided to start their venture, Anand, who was living with them as their flatmate, decided to join in. Anand was working in Tracxn then as an analyst and had developed a deep understanding of the startup ecosystem during his research.

    Bipul Vaibhav, Co-founder, and CEO, Skillate- At Skillate, Bipul is responsible for AI, Investment, and overall business growth of Skillate. Before founding Skillate, Bipul worked as a Data Scientist at DataWeave Software Pvt Ltd, where he developed a machine learning model to classify the product categories of e-commerce products. He also worked as an advanced software engineer with Burning Glass Technologies for a little less than a year. Bipul holds a B. Tech degree in Electrical and Electronics Engineering from IIT Guwahati. He has co-authored a paper on an autonomous river cleaning robot and a model for video classification using semantic keywords. He holds research publications in the field of Artificial Intelligence at International Forums like SPIE and IEEE. Bipul is passionate about Cricket, Reading books, and Building software products.

    Bipul Vaibhav, Co-founder, and CEO, Skillate

    Anand Baranwal, Co-founder, Skillate – As one of the co-founders of Skillate, Anand’s primary role/responsibility is to drive business and growth at Skillate. He is responsible for Business Development, Marketing, and Hiring the right talent for his company. Before co-founding Skillate, Anand has had extensive experience as an analyst with Tracxn where he engaged with the FinTech industry in the Southeast Asia region. He has also managed projects for JSW Steel Ltd. Anand graduated with a Bachelor’s degree in Production and Industrial Engineering from the National Institute of Technology, Jamshedpur. Anand’s specialization skills lie in the areas of Business Development and Operations activities. Anand’s passion is to find and meet like-minded people to learn and grow in all aspects of life.

    Kumar Sambhav, Co-founder, Skillate – Sambhav is the Co-founder at Skillate and he is responsible for strategy, roadmap, and feature definition of the product to deliver unique value to our clients. Before Skillate, Kumar was involved in software development at Capillary Technologies. He was working in the product that handles the campaign management and subscription management for the client. Sambhav holds a degree in Electrical and Electronics Engineering from IIT Guwahati. He specializes in software design and system architecture which varies from the backend to the front part of the application. He is passionate about music and plays guitar in his spare time. He has a sports bug and plays Tennis and Table Tennis.

    Currently, the Skillate team is made up of 25+ dynamic individuals with expertise in different domains. Skillate management is flexible with working hours and doesn’t believe in micromanagement. There is just one criterion to join the Skillate team- behave like an entrepreneur while respecting the team dynamics.

    Also Read: How to Hire CTO for Your Startup

    Skillate – How did it start?

    In January 2015, Bipul was working for an analytics software company in Chennai. Unhappy with his role, Bipul contacted various organizations with openings, but to no avail. The frustrating part was not that he was getting rejected, but that often, he would simply not receive any response from the recruiters. He had no clarity on what stage his applications were getting rejected, or even if they were noticed at all!

    This got Bipul thinking about the lack of transparency prevalent in the recruitment process. He realized that even though candidates desperately want a response from the company on the stature of their candidature, large corporations often don’t have the time and bandwidth to respond to every candidate at each stage of the hiring process. With corporate firms receiving millions of applications every year, the unstructured hiring process not only keeps the candidates in the dark but also deprives organizations of the best talents.

    This led Bipul with his co-founders – Sambhav and Anand to form Skillate, an AI-based platform that makes recruitment Easy, Fast, and Transparent with its cutting edge technology.

    Skillate – Startup Launch

    In the beginning, when the co-founders had only tested the platform on LinkedIn profiles, they connected to an HR manager through a mutual connection and collected about 1600 resumes. “We tested our algorithms on these resumes and failed miserably! We were shocked. It was one of the days when we doubted if we should go ahead with our product or not.” Says Bipul Vaibhav.

    However, rather than giving up, the team went back to the drawing board and revisited the basics of the technology they had created. They understood that to truly make AI work in a complex industry like recruitment, they will need to consider the human element of resume making.

    For example, they can’t just feed the machine with names and expect that it will understand the context. Let’s say a candidate has written his address as “next to Lakshmi road”. The machine needs to understand that here ‘Lakshmi’ is the name of the street and not a person as it normally would be.

    Similarly, as they tested more and more resumes, they understood some of the different patterns of resumes. Simple elements, like mail id and contact information, are placed at different places by different candidates. And then they trained the algorithms to identify elements like that.

    After this, the first person they spoke to was Tanuj Choudhry from HomeLane and Anuj Agarwal from zyoin. They had a deep understanding of the recruitment industry and came from a rich technical background. Then the founders started with finalizing a set of target organizations and sent highly personalized emails to the decision-makers so that they can trust the product as well as them. In the early stage, founders must make themselves as credible as they want their product to be. Apart from the personalized emails, in-depth market research helped them in understanding the pain points of our customers. Word of mouth and reference from existing clients also played a crucial role in acquiring new clients since they were highly satisfied with the product.

    Skillate – Business Model and Revenue Model

    Skillate charges on a yearly subscription model, depending on the size of the company.

    Skillate – Startup Challenges

    Recruitment as an industry still plays by the old rules. Convincing the team that heads technology can make their work easier and more efficient was a challenge. Even after Skillate’s solutions convinced them, adoption in the company remained an issue. Also, it’s dashboard’s highly intuitive design, along with our committed customer success team, ensured that adopting the Skillate platform was a smooth process with little training to the recruitment team.

    Skillate – Funding and Investors

    In October 2019, Skillate raised its pre-Series A funding of $1 Million from investors like Mynavi Corporation, Incubate Fund, and Whatfix Founders, among others.

    Also Read: Top Funded Startups India

    Skillate – Advisors and Mentors

    The advisors and mentors of Skillate are:

    • Shraddhanjali Rao – Head HR – SAP, India, Partner to the business
    • Abhijit Bhaduri – ex-Chief learning Officer – Wipro.

    Skillate – Growth

    Skillate is working with some of the biggest enterprises of the country, including the likes of Yes Bank, OYO, Saint-Gobain, L&T Financial Services, Software AG, RBL Bank, Liberty Insurance, Bigbasket, etc.

    Skillate – Future Plans

    “International expansion is one of our key focus areas, especially in the US. As we expand, we are making our product multi-lingual and more scalable so that it can handle even more volume.” Concluded Bipul Vaibhav.