Indeed has created its own hiring software in an bid to leverage its leading position to edge into the lucrative ATS market.
The Indeed Hiring Platform allows employers to manage the hiring process — from posting through interview — directly on Indeed, with no additional software, the company announced. The tool shortens the time it takes to get candidates into jobs from weeks to days, the company says.
The new software, which is currently available only in the U.S., automates candidate screening based on objective criteria, and allows qualified prospects to sign up for open interview slots. The tool is integrated with Indeed’s conference call product, Indeed Interview, which employers use to connect with candidates in real time. The company is selling the software on a flat-fee model.
The hiring platform competes with third-party ATS vendors like ICIMS, Jobvite and Taleo. However, Indeed says its tool has a broader reach, owing to the fact that it sources job seekers from its own site, as well as Glassdoor. The two sites drew 281 million U.S. visits last month alone, according to SimilarWeb. Indeed claims its ATS tool will be able to reach 80% of domestic job seekers.
The company tested the product during the pandemic in a virtual hiring tour across the U.S. An Indeed spokeswoman told the AIM Group that the tour helped 2,600 employers hire more than 20,000 employees. The ATS tool has been used for 200,000 interviews so far.
The tool is especially useful for high-volume hiring, according to Indeed. During the hiring tour, Vaden wrote that it excelled in the following staffing categories:
- Customer service / call center representatives
- Healthcare: RNs, LPNs, home health aides, nursing and medical assistants;
- Warehousing: order pickers, forklift operators;
- Sales: associates, inside sales;
- Retail and hospitality: cashiers, stockers, servers, merchandisers, bartenders,
- Delivery drivers;
- Trucking: maintenance techs, machine operators.