Finding the right talent for your organization is a time-consuming and expensive process. There are several steps to complete: You need to create a job post and consider where to place it to find the right candidates, vet the candidates’ credentials and review their references, bring them in to interview, and—finally—complete substantial paperwork to officially offer them the job. EmployStream in Cleveland, Ohio, helps high-volume employers eliminate costly mistakes, expenses and delays from their employee onboarding processes.
“It’s a very candidate, talent-driven world right now. Employers are really fighting to get access to and get the attention of the talent that they need to run their business,” said Rob Sable, founder & CTO of EmployStream. “Any advantage we can give people in terms of a faster, easier application and onboarding process really becomes a competitive advantage for the employer. They’re competing for the same talent with hundreds or thousands of other companies, so the ability to get people through this process more efficiently is huge for our customers.”
This software-as-a-service platform was built to address the unique needs of high-volume, high-turnover employers such as staffing agencies. Recruiting and hiring new employees is especially tedious and expensive for these 20,000+ staffing companies in the U.S. characterized by frequent, sizable hiring. EmployStream is also targeting businesses that rely on contractors over long-term, full-time employees.
The value of EmployStream is in its multi-functional, completely paperless design. From initial job postings to candidate communications, the software streamlines processes and tracks the progress of each job candidate to ensure nothing is duplicated. The software combines various portals into one platform, such as a self-service management console, careers portal and employee portal. By housing these under one platform and tracking progress, EmployStream reduces time spent on paperwork and can save companies up to 90% of the cost.
“We initially developed this technology for internal use at a company my co-founder and I worked at which was hiring 7,500 people a year. The more we talked to people in the industry, the more we realized we’d addressed a very common complaint. So, we developed early prototypes and really focused on perfecting the product, building a customer base, generating revenue and collecting data we could use before looking outward for support.”
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