Engagedly's Strategic Acquisition of hiringtool.co: A Leap into AI-Driven Recruitment
Engagedly, a leader in AI-enabled talent management solutions, has officially announced its acquisition of hiringtool.co, a cutting-edge applicant tracking system designed specifically for startups and small to mid-sized enterprises. This strategic move aims to strengthen Engagedly's capabilities in delivering an integrated, AI-enhanced experience throughout the hiring process, from recruitment and onboarding to ongoing performance management and employee retention.
The acquisition marks a significant advancement in Engagedly's commitment to providing a comprehensive talent management suite powered by smart technology. According to Sri Chellappa, the Co-Founder and CEO of Engagedly, hiringtool.co stood out as a top-tier solution not only for its impressive speed and user-friendliness but also for its development by HR professionals intimately familiar with the contemporary hiring landscape. The unique AI-matching engine, seamless workflows, and customizable career portals set hiringtool.co apart from traditional applicant tracking systems (ATS).
With features designed to enhance recruiter efficiency, hiringtool.co has garnered accolades from users and industry experts alike for redefining what an applicant tracking system can accomplish. Its core functionalities facilitate a streamlined hiring process:
- - AI Scoring Engine: This feature quickly identifies the candidates that best fit the role, saving time and effort for recruiters.
- - No-Code Career Portals: Employers can customize their hiring portals effortlessly to match their brand identity, enhancing their recruitment appeal.
- - 5-Minute Setup: The tool's straightforward design allows for rapid implementation with little training, enabling HR teams to hit the ground running.
- - Customizable Pipelines: Recruitment teams can tailor the workflows to suit their specific needs, ensuring a personalized hiring process.
- - Email Sync & Communication Tracking: This helps recruiters keep everything organized, reducing the need to toggle between different tools.
By embracing a GenAI-driven approach, hiringtool.co seeks to simplify and modernize applicant tracking, liberating recruiters from the complexities often associated with traditional ATS products. Mehmet Perk, CEO and Co-Founder of hiringtool.co, expressed excitement about the transition, emphasizing that the AI core of hiringtool.co will continue to thrive under Engagedly’s leadership, as both firms share a relentless pursuit of excellence.
This acquisition solidifies Engagedly’s position in the market, as there are now few platforms that integrate AI-driven hiring intelligence with employee engagement and development tools in one unified solution. The potential synergy of bringing hiringtool.co's innovative technology into Engagedly’s comprehensive suite will undoubtedly enhance user experience across the board.
About Engagedly:
Engagedly offers an advanced platform for talent management that focuses on creating high-performing teams using intelligent technological solutions. Its Agentic AI framework, allowing HR professionals to operate smarter and faster, is a crucial element of its system. The comprehensive suite encompasses tools for employee engagement, growth, performance, and career development, all underpinned by real-time insights from MarissaAI, Engagedly's proprietary technology.
About hiringtool.co:
hiringtool.co is an innovative applicant tracking system with a GenAI foundation tailored for the specific needs of startups and SMEs. Its design prioritizes speed and user-friendliness, providing a seamless recruitment experience complemented with smart candidate matching, customizable workflows, and effective communication tools. The platform has quickly become a favorite among modern hiring managers for its efficiency and ease of use.
This acquisition by Engagedly marks a forward-thinking enhancement in the field of recruitment technology, setting a new standard for how future talent management systems can effectively support HR professionals and organizations in finding and retaining top talent.