Ideal and SmartRecruiters Partner to Bring AI-Powered Recruitment Automation to Hiring and Drive Cost Per Hire Down 71%
TORONTO, ON (May 17, 2017) – Ideal, an artificial intelligence for recruiting company, announced today that it has partnered with SmartRecruiters, the Hiring Success Company, as an innovative analytics partner to transform recruiting and optimize customers’ entire talent acquisition process. Ideal’s AI-powered recruiting software is now available to all SmartRecruiters clients via the SmartRecruiters Marketplace.
SmartRecruiters’ Talent Acquisition Suite is used by high-performance organizations for making the best hires. It has full functionality for recruitment marketing and collaborative hiring built on a modern cloud platform, with an open marketplace for third-party recruitment services. Unlike the first-generation applicant tracking systems it replaces, SmartRecruiters provides an amazing candidate experience; hiring managers actually want to use the product, and recruiters love it because it makes their jobs easier.
Using AI, Ideal’s recruiting software automates time-consuming, repetitive tasks to quickly move top candidates through the recruiting funnel. Ideal’s technology instantly screens and shortlists new candidates, uncovers strong past candidates who are a great fit for a new role, and automates candidate contact to gauge their interest.
“There are three major barriers to efficient candidate engagement,” Somen Mondal, CEO and Co-founder of Ideal, explains. “To begin with, employers can’t re-engage the gold mine of past applicants already in their ATS. Secondly, overwhelmed by the sheer number of applications they receive, up to 65% of their resumes go untouched. Finally, the initial outreach process is extremely time-consuming and inconsistent. Ideal’s AI quickly solves all these problems and all within the SmartRecruiters interface.”
Ideal’s numbers alone present a compelling business case. On average, customers using SmartRecruiters and Ideal have tripled their qualified candidates, reduced cost per hire by 71%, and increased overall recruiter productivity by 3.7x. Indigo, one of Ideal’s earliest customers, was quick to adopt Ideal’s recruitment automation. Director of Talent Acquisition, Sarah Wilson, speaks to their experience, “The best way to describe the whole Ideal process is ‘simple.’ We really didn’t want to give our managers another tool to master, so the fact that Ideal could operate within SmartRecruiters was fantastic.” Sarah continues, “The talent was already there, we just didn’t have the resources to unlock it. Ideal found a way to triple our pace and both the cost and time savings were immediately significant.”
By taking the tedious tasks off the recruiter’s shoulders, Ideal frees up time for enjoyable, high-value work such as interviewing.
“Once we identify top candidates for a specific role, we can automate the next steps with a very high level of personalization,” says Ideal’s COO and Co-founder, Shaun Ricci. “Many of our customers have completely eliminated manual resume screening and depend on Ideal to automatically identify top candidates and invite them in for an interview.”
Adding the Ideal integration to the SmartRecruiters Marketplace, the leading ecosystem of recruitment services and innovative apps, helps talent acquisition leaders to transform recruiting and hire the best talent before the competition does.
“We’re very excited to begin offering Ideal’s recruitment automation tool to our users,” said Jerome Ternynck, CEO of SmartRecruiters. “The use of AI and bots is groundbreaking for recruiters and will help them focus on relationship-building and strategy. We are excited to bring Ideal’s offering to our customers in a fully integrated way.”
Additional information about the Ideal integration with SmartRecruiters can be accessed at: https://marketplace.smartrecruiters.com/product/ideal
Media Contact
Kayla Kozan
press@ideal.com
647-560-4731
About Ideal
Ideal builds recruitment automation software that recruiters love. Ideal’s artificial intelligence automates time-consuming, repetitive tasks including sourcing, screening, and engaging candidates. Ideal reduces bias, improves quality of hire, enhances the candidate experience, and increases recruiter efficiency. To learn more or request a demo, visit www.ideal.com.
About SmartRecruiters
SmartRecruiters’ Talent Acquisition Suite is used by high-performance organizations for making the best hires. It has full functionality for recruitment marketing and collaborative hiring built on a modern cloud platform, with an open marketplace for third-party recruitment services. Unlike the first-generation applicant tracking systems it replaces, SmartRecruiters provides an amazing candidate experience. Hiring managers actually want to use the product, and recruiters love the platform because it makes their jobs easier. Companies like Visa, Skechers, Atlassian, Equinox, and Alcoa use SmartRecruiters to make recruiting a competitive advantage. For more information, follow us at @SmartRecruiters, on LinkedIn or on https://www.smartrecruiters.com.