Redmatch Brings “Matchmaking” to Corporate Recruitment Technology
Online Recruitment Software Uses Dating Concept to Save Recruiting Time, Costs
BEACHWOOD, OH, July 26, 2005 - Dating and employment websites are what drive much of today’s Internet traffic, and while dating sites boast sophisticated designs and features, most employment sites tend to be simple online bulletin boards. However, a young company called Redmatch is now bringing the sophisticated technology of online compatibility matching services directly to the HR community.
Recognizing that the simple needs for jobs and candidates are not enough, Redmatch Recruiter™ combines the concept of “matchmaking” with sophisticated software algorithms to provide a corporate recruitment system that is unprecedented in its accuracy and efficiency. Similar to the mutual attraction between romantically-involved couples, the service matches the characteristics and interests of candidates and employers to produce a “reciprocal match.” Redmatch’s job matching technology is already matching millions of job candidates and employers selectively, inexpensively and instantaneously.
The Redmatch online recruiting software also increases the value of HR team members by enhancing productivity through reducing “resumass” and related paperwork, decreasing time to hire, and increasing employee retention and hiring statistics. Redmatch Recruiter frees up time so recruiters can focus on the higher value-added aspects of the recruitment process, such as interviews with candidates and negotiating offers.
“My wife actually was the catalyst for our development of the Redmatch product,” explains Gal Almog, company co-founder and CEO. “She chose a career in human resources to work with people. Instead, she found that too much of her time was spent sifting through resumes. She wanted to escape the paperwork; an efficient tool didn’t exist – so we created it.”
Redmatch software provides a web-based recruitment system for both large and small companies as well as recruitment agencies. Sophisticated algorithms create highly refined matches between candidates and jobs, completely eliminating inefficient keyword searching. For example, instead of finding both accountants and accountants’ assistants when looking up “accountant,” Redmatch can find something as specific as CPAs with five years of experience preparing tax documents for publicly traded companies in a specific sector.
Because Redmatch combines job titles with skill levels, internal candidates with the right skills also can be automatically matched, providing increased retention and satisfaction with a decrease in turnover. The software scores and grades all candidates, according to how well they qualify for the job, enabling recruiters to focus on the most qualified. By matching specific skills with eligible candidates, Redmatch reduces recruitment time and costs by more than 30 percent.
Redmatch resume tracking software includes candidate management, applicant tracking software and a full communications system that goes from initial contact with potential candidates through the interview process all the way to hire.
Not only does Redmatch provide online recruiting software tools, but individual companies using the Redmatch system also have access to Redmatch’s The Job Network, a linked network of more than 500 newspaper and related job sites. Companies using the Redmatch tools can gain instant access to thousands of qualified candidates from many high traffic sites, including the hard-to-reach passive job seekers.
Redmatch software is a fully hosted solution, eliminating the need to install and manage any hardware or software, allowing it to be up and running in less than an hour.
One of the fastest growing companies in the recruitment market, Redmatch recently signed an agreement with MSN to serve as the job matching engine for MSN in Israel.
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About Redmatch
Redmatch (http://redmatch.thejobnetwork.com/) is a leading provider of online recruitment solutions for corporations, publishers, and staffing companies, hosting software solutions serving thousands of enterprises globally, in seven languages. Redmatch manages The Job Network, the fastest growing recruitment network in the U.S. Key customers and partners for Redmatch software and The Job Network include MSN; Lee Enterprises; the Washington Times; Italy’s largest newspaper, La Republica; and France’s Le Monde. Redmatch’s chairman Alan Schonberg is the founder and Chairman Emeritus of the world’s largest recruitment company, MRI (Management Recruitment International) with more than 1,200 offices worldwide.
For More Information
To arrange an interview with any member of the Redmatch team, please contact Amy Kenigsberg of K2 Strategic Innovations at amy@k2strategicinnovations.com or at 913-440-4072 (ET+7, GMT+2).
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