Press Releases


Recruitsoft Increases Strategic Functionality of Web-Based Hiring Management System

Recruitsoft’s latest software release enhances corporate recruiters’ ability to conduct, manage and track all recruiting activities via single Web-based system

San Francisco, CA – (BUSINESS WIRE) – June 29, 2000 –

Recruitsoft, the leading Application Service Provider (ASP) for end-to-end, Web-based hiring management systems, today goes live with a new version of its Recruiter WebTop™. The Recruiter WebTop™ application powers the career Web pages of large corporations and also provides a complete business application over the Internet that supports every aspect of the corporate recruiting process including requisition management, sourcing management, global collaboration management, recruiting workflow management, candidate relationship management and Web access to a range of recruitment enhancement services.

"Our new release makes significant strides in functionality, enabling corporate recruiters to conduct all of their recruitment practices on the Web, from mining for resumes to advertising positions-anywhere in the world, in print or online-with one click, to tracking media performance as well as time-to-hire, with increased security for all job postings," said Louis Tetu, Recruitsoft CEO. "Our R&D staff of 90 is dedicated to best practice, leading-edge technology and service for the recruiting industry. This release is just more proof of their commitment and talent."

Some of the new release features are made possible by Recruitsoft’s exclusive alliance with Bernard Hodes Group, the nation’s largest communications agency that specializes exclusively in human resource communications.

New key features include the following:


Optimized Internal Recruiting
The new Internal Recruiting feature creates a specialized career section for the internal use of both employee-candidates and recruiters on the company’s Intranet site, helping recruiters to mine the employment resources within their companies.


Enhanced Candidate History Tracking
The Candidate History Tracking component helps corporate recruiters gather the greatest amount of information possible, including all historical information about each candidate during the preselection and hiring processes. Recruiters may also add comments in the Candidate Search component as well as useful information about existing employee referrals and internal relationships. The new release also provides system messages regarding the status of each candidate in the hiring process.


Complete Media Tracking
Recruitsoft’s Media Tracking feature performs several important functions that help recruiters measure the performance of various media and methods for reaching potential candidates. First, it informs recruiters about how candidates learn about job openings and monitors the performance of each source. Also, using media tracking statistics, including job board efficiency, the system helps recruiters determine the optimal sourcing strategy for each job requisition. Media Tracking also allows recruiters to select among a customized list of traditional media along with other sourcing options, such as the corporate web site and job boards.

  • Included in the Media Tracking module, and made possible through the Bernard Hodes and AIRS alliances, is an Internet Mining Gateway, which performs extensive automated and/or manual searches on the web for candidates that match qualifications as defined by the recruiter.

  • The Print Media Gateway provides access for recruiters to a comprehensive list of North American print media, and allows the selection of any type of print media from anywhere in the world with one-click ease.

  • Through Hodes packaged services accessible through the Web, Recruitsoft now offers recruiters the option to outsource completely the task of selecting which media forms are the most appropriate and effective for the requisition to be posted.


Extended Reporting Capabilities
Standard Reports now include:

  • New: Media Tracking, which provides accurate information on the most efficient media, including which vehicles attract more candidates and which ones lead to more actual hires;

  • New: Requisition Cycle Time and Time-to-Fill, which produce statistics by individual, job category, location, or division and provide better tracking of HR efficiency based on accurate, verifiable requisition cycle-time statistics;

  • Enhanced: Job Requisition Status allows more flexible reporting by permitting recruiters to select statistics for individual requisition status and company divisions, and provides distinct statistics for both internal and external hirings.


Ad Hoc Reporting
In addition to extended reporting capabilities, this release offers ad hoc reporting by the user over the Web, directly connected to the hosted Oracle database. Corporations can create custom reports and can keep all their report structures used before implementing Recruitsoft. Recruitsoft is the first ASP in the industry to offer such functionality, which is a major technological breakthrough and a key requirement for usability.


Faster hiring process with less paperwork and more security
Recruitsoft’s new release recognizes and identifies interesting candidates based on their score and/or by the number of assets a particular candidate has that have been identified as important to the position by the recruiter. If the interesting candidates do not supply all the information that the company needs to properly evaluate their application, then the system automatically requests more information from these candidates. This process results in a faster, tighter hiring process with less paperwork for recruiters, allowing for more face time with higher qualified candidates. Through improved job requisition security, Recruitsoft allows the recruiter to control who is allowed to make changes to a requisition, resulting in fewer errors and improved change control.


About Recruitsoft
A San Francisco-based ASP, Recruitsoft delivers the most complete online recruiting solutions for major companies across many industries, including: United Airlines (NYSE: UAL), the world’s largest airline and largest employee-owned company; Bombardier Aerospace and Transportation (Toronto: BBDa.TO), the world’s third largest manufacturer of aerospace and transportation products; Cabletron Systems (NYSE: CS), a holding company for four of the most innovative, customer-focused organizations in the telecommunications and networking industry; and Sutter Health, the seventh largest non-profit health care network in the U.S. and one of the nation's leading systems of community health care services.

Recruitsoft introduced the pay-per-hire fee structure to the web-based recruiting industry and is considered to be the best-practice ASP for recruitment management solutions. Corporate recruiters pay for results rather than usage, resulting in better quality hires, greater efficiency and lower costs.
Recruitsoft is also the parent company of iLogos Research, which studies and monitors trends in the Internet recruiting industry. iLogos periodically publishes reports and indices and is dedicated to understanding the needs of corporations seeking qualified talent.
Recruitsoft is funded in part by Telesystem Software Ventures LP (Telsoft), a venture-capital arm of Telesystem Ltd., a Red Herring Top 100 company; and by Omnicom (NYSE:OMC), the world’s leading provider of marketing communications and advertising services, through its Internet investment arm, Communicade.

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Krista Canfield
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e-mail: kcanfield@horngroup.com