SmartRecruiters partnered with PandoLogic, a subsidiary of enterprise software Veritone, to power talent acquisition and intelligent hiring processes through advanced AI. Companies that use SmartRecruiters’ programmatic offering, SmartJobs, will be able to use PandoLogic’s AI-enabled recruitment technology, the companies said.
According to CNBC, 95% of businesses say that it’s harder to find workers for open positions today. That compares to 18% during the first quarter of 2021. With the tight labor market expected to continue, the companies believe employers are seeking recruiting solutions to optimize their competitive advantage without impacting their budget..@SmartRecruiters entered a partnership with @PandoLogic to power talent acquisition and intelligent hiring processes through advanced AI. #HR #HRTech Click To Tweet
SmartRecruiters will specifically partner with PandoLogic to enhance its SmartJobs Managed Service and In-App Offering. The companies said those solutions will benefit from PandoLogic’s proprietary AI-powered recruitment technology and support via turnkey integration. The result, they said, will be employers getting their jobs in front of candidates faster and more efficiently.
“Coming off our recent funding news and valuation, SmartJobs has become a top priority for us as far as R&D, investment and focus,” said SmartRecruiters CEO Jerome Ternynck. “Teaming up with PandoLogic supports this mission, especially at this time when so many companies are looking to hire quickly and intelligently.”
‘Pressing Need to Hire’
“Given the pressing need to hire, the way companies think about recruiting is changing,” added Terry Baker, PandoLogic’s president and CEO. “To recruit the right people, employers need to make sure their jobs get seen and applied to by the right candidates.” That, he said, requires using the right technology.
Veritone closed its $150 million acquisition of PandoLogic in September 2021. At the time, PandoLogic noted that finding qualified employees posed a significant problem for organizations, regardless of industry, size and market segment. “The acquisition of PandoLogic builds on the foundational strength of Veritone’s organic growth and expands our addressable market with a new, diversified revenue stream,“ said Veritone President Ryan Steelberg.
In August, PandoLogic partnered with GR8 People to help employers connect more efficiently with job seekers by using programmatic sourcing. Through the integration, an employer’s jobs are automatically pulled from GR8 People’s ATS and promoted by pandoIQ. When job seekers pursue openings, they complete their application process directly within GR8 People. The integration creates a seamless candidate application experience and improves a recruiter’s ability to source candidates, the companies said.