The cloud computing company that helps staffing and recruiting organizations transform their businesses, Bullhorn, announced that it has acquired Erecruit. Erecruit is a provider of applicant tracking and pay and bill solutions and a leader in candidate experience for the staffing and recruitment industry. The acquisition is designed to help Bullhorn further enhance its vision of delivering a unified solution to firms looking to leverage the power of automation to streamline operations and drive business growth.
Strategic investment
The acquisition of Erecruit is a strategic investment in Bullhorn’s vision to help staffing companies realize the promise of digital transformation in their businesses. Specifically, Bullhorn is excited about three strengths that the Erecruit team will provide. The first is intellectual property, which includes deep pay and bill, onboarding, and mobile candidate experience capabilities. The second is strong internal talent, comprising employees who have in-depth knowledge of the staffing industry, pay and bill processes, and large-scale pay and bill deployments. And the third is the Erecruit team’s long-standing relationships with some of the leading staffing firms in the industry and experience in addressing their diverse needs.
Integration
Bullhorn has long been known for providing a single system in which recruiters and salespeople can “live,” harnessing the power of the Bullhorn partner ecosystem, and managing recruiting delivery, sales, onboarding, VMS integration, and most recently, pay and bill processes in a unified platform. With the continued proliferation of temporary labor models as an attractive solution for the global talent shortage, the time has never been better for Bullhorn to further invest in its pay and bill solutions that underlie Bullhorn One. The acquisition of Erecruit will assist in furthering the already-significant market momentum of Bullhorn One and help the company drive greater productivity and results for customers of Bullhorn and Erecruit.
Diverse portfolio
Art Papas, founder and CEO of Bullhorn: “We’re excited to welcome Erecruit’s diverse portfolio of customers into the Bullhorn family,” said . “Both companies have always shared a desire to serve the staffing and recruitment industry and help its constituents grow and achieve their business goals, and being able to do this as a collective unit is a privilege and affords a huge opportunity to advance the industry. Staffing firms face enormous pressures from investors, clients, candidates, and employees to digitize their businesses while simultaneously facing historically low unemployment. The timing has never been better for a unified team to address these challenges head-on for our customers.”
“Staffing firms face enormous pressures from investors, clients, candidates, and employees to digitize their businesses while simultaneously facing historically low unemployment.”
Customer experience
“Bullhorn’s commitment to delivering an incredible customer experience has long been an inspiration to its partners and peer technology providers to the staffing industry,” said Dominic Gallello, CEO of Erecruit, “and we’re looking forward to joining their team. We’ve always had ambitious goals that we’re eager to bring to fruition, and with Bullhorn’s resources and best practices powering us, we can deliver amazing ROI to our customers.”
