It focuses on content marketing starting with a company’s career site.īeamery, a London-based startup, is one to watch as it just raised $5 million in funding to expand their AI-powered CRM. SmashFly has arguably become synonymous with recruitment marketing. Jobvite, another hybrid ATS and CRM, is #7 in market share and is known for its annual Recruiter Nation survey.
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With the rise of recruitment marketing, recruiting customer relationship management (CRM) software is becoming an important part of the recruiting software stack to attract, engage, and nurture candidates.īullhorn, which functions as both an ATS and CRM, is a top recruiting software designed specifically for recruiting and staffing agencies. Lever, another San Francisco startup, is making a name for its focus on diversity and metric-based recruiting. SmartRecruiters, a San Francisco startup, was an early adopter of the recruiting software marketplace. Greenhouse, a startup with a total of $60 million in funding to date, is known for its structured hiring and interviewing approach. Recently, that growth includes a huge win with Walmart as a new customer. Workday is the fastest growing ATS on the market with a 570% increase in adoption from 2014 to 2016. Fun fact: iCIMS is an acronym that stands for Internet Collaborative Information Management System.
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ICIMS is the second biggest ATS by market share. Taleo, acquired by Oracle for $1.9 billion in 2012, is the top recruiting software in the ATS category with 23% of market share according the Datanyze. With 90% of large companies and 68% of SMBs estimated to use an ATS, applicant tracking systems is biggest category of recruiting software. Ziprecruiter makes the top recruiting software list because of its ability “ to post a job to 100+ job boards with 1 click.” Handy! Applicant Tracking Systems With that type of market penetration, LinkedIn is virtually indispensable for recruiters: Jobvite reports 87% believe it’s the most effective social media platform for evaluating candidates.
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LinkedIn calls itself the “ world’s largest professional network” with more than 467 million members worldwide. Well-known for their recruiting and job seeker surveys, recent reports claim CareerBuilder is in talks to be sold to a private equity firm for more than $1 billion. Indeed is the biggest source of external hires by far – credited with 58% of external hires according to SilkRoad.ĬareerBuilder is the second biggest source of external hires. Job boards and job aggregators are a crucial part of the recruiting software ecosystem because applicants make up the biggest source of hires at 50%.
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Too narrow down the list, I’ve created this guide to the 28 top recruiting software tools of 2017 summarized in the image below. The applicant tracking system (ATS) market is estimated to be worth $3 billion on its own. A big chunk of this market is made up of recruiting software. With hundreds of recruiting tech companies out there, how do you determine which ones are the top recruiting software tools worth investing in?Īccording to Bersin, the HR tech market is estimated to be worth $14 billion.