San Francisco, CA – (BUSINESS WIRE) – December 8, 1999 –
Recruitsoft, creator of the world’s most advanced Internet-based Hiring Management System (HMS), announced today that its application service has been named to the prestigious list of Human Resource Executive’s "Top HR Products of the Year" for 1999.
"Human Resource Executive has been evaluating HR products and conducting this competition for over a decade," explained David Shadovitz, editor in chief of Human Resource Executive. "Our goal has always been to identify products and services that clearly offer value to the HR community while demonstrating innovation. This year we thoroughly examined 45 – 50 new HR products. We feel that Recruitsoft’s solution met all our criteria and provides tremendous value while solving an important challenge facing the HR executive today – workforce management and recruiting – perhaps the hottest sector of the industry."
In their review of the service, Human Resource Executive staff cite Recruitsoft as "easy to maneuver" and applaud the "simple…step-by-step instructions in building targeted questionnaires that quickly get to a job candidate’s skills, ability and experience."
"Having launched our service to the general marketplace in September of this year, we are genuinely pleased to see a leading publication such as Human Resource Executive recognize our product as an industry leader so quickly," CEO Louis Tetu said. "This award is a result of our having studied the industry and focusing on customers’ needs with the determination to provide the very best recruiting management system available anywhere. We see this award not as an ultimate goal, but rather as validation of our concept and technology and as an indication of what is yet to come."
"These are exciting times at Recruitsoft," commented COO Karen MacPherson. "Our application service is the leading-edge recruitment management solution. As we move forward, we are taking measures to ensure that our solution will have the highest possible level of scalability, performance, robustness and security – and at the same time, will meet all our customers’ support and consulting needs. We are offering a total package that corporations would expect from a world-class application service provider."
Recruitsoft’s enterprise-wide solution automates and manages virtually every aspect of recruiting, from job-posting, applicant search and pre-selection, to reaching "passive" job seekers and developing centralized candidate pools. The result is an increased probability of hiring the right candidate, and a shorter "time to contribution," the point at which a new employee actually begins contributing to a company.
Recruitsoft’s system is 100% Web-based and requires no additional software, server installation or maintenance. It can be configured easily to each company’s requirements, and billing is on a pay-per-use basis.
Recruitsoft is a company comprised of specialists in the fields of human resources management and Web-based business solutions. Originally based in Quebec City, Recruitsoft has completed several years of product development and beta testing in Canada. With customers including Bombardier, its US subsidiary Learjet, and the National Bank of Canada, Recruitsoft recently established its headquarters in San Francisco and is offering its Internet-based enterprise-wide recruiting solution to American corporations. The company is funded in part by Telesystem Software Ventures LP (Telsoft), Canada’s largest venture capital fund dedicated to the software industry. Telsoft is the venture capital arm of the Telesystem Group, a 1999 Red Herring Top 100 company.
Human Resource Executive® Magazine was established in 1987 and continues today as the premier publication focused on strategic issues in HR. Written primarily for vice presidents and directors of human resources, the magazine provides these key decision-makers with news, profiles of HR visionaries and success stories of human resource innovators. Stories cover all areas of human resource management, including personnel, benefits, training and development, HR information systems, relocation, retirement planning, workplace security, and healthcare.
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