Erecruit acquires leading workforce analytics provider, Innovantage
Erecruit, a leading global technology provider and visionary for the staffing industry, today announces that it has acquired Innovantage, expert provider of recruitment insights and workforce analytics.
Innovantage tracks millions of live online job postings each month that are advertised across major job boards, as well as thousands of company websites, to provide users with the most comprehensive analysis of recruitment demand. These insights are used by staffing firms and job boards to track customer and competitor online recruitment activity, find those companies with the most active and immediate recruitment needs, as well as to identify current hiring trends and anticipate future demand.
“Innovantage now enables us to provide our customers with critical market data in addition to our industry leading software technologies. Delivering new sales leads is a service that will provide great value to our clients” states Dominic Gallello, President and CEO, Erecruit. “Innovantage will be offered stand-alone and over time as an integrated solution with all Erecruit and Adapt applications.”
Innovantage has been at the forefront of delivering highly detailed recruitment intelligence since 2007. Through continued investment in research and development, their advanced data acquisition capabilities, workforce analytics and market intelligence reporting have enabled staffing firms and job boards to gain competitive advantage and increase revenue.
Richard Turner, CEO, Innovantage, comments: “Joining forces with Erecruit provides Innovantage access to a wealth of technologies and a greatly expanded market reach.”. He continues: “I am really excited about how we will further develop and innovate our product offering by working with the talented team of professionals employed across the globe at Erecruit”.
Erecruit serves the entire industry with Erecruit Front Office, Middle Office, Credentialing and VMS solutions for enterprise staffing firms; Adapt Front and Back Office software for mid-market firms; eStaff365 Onboarding; and TempBuddy, temporary workforce management platform and mobile worker app.