Technically HR: People management platform HiBob launches new ATS product

This week, HR management platform HiBob launched Bob Hiring, a new applicant tracking system (ATS) that connects recruiting and hiring to the rest of the HiBob platform.

The new Bob ATS links recruiting and hiring efforts to insights from the Bob Workforce Planning solution, such as sourcing of hire, sourcing channel spend, and target-versus-actual hires. The ATS offering also prioritizes the candidate experience, according to the company.

“Today’s competitive landscape demands a holistic approach to planning, talent acquisition, and human capital management,” HiBob co-founder and CEO Ronni Zehavi said in a press release about the launch. “Having the right people to grow any business is crucial, and with a bounty of job opportunities available, it is becoming more and more difficult to attract, hire, and retain.”

Bob Hiring can help talent acquisition (TA) teams understand how hiring impacts other people-related business outcomes, and connects TA to overall workforce planning using real-time insights.

The addition of Bob Hiring allows the HiBob platform to tackle another moment in the employee life cycle: the platform for small and medium-sized businesses is aiming to eliminate the need for single point solutions for the myriad different areas of HR.

Zoom out. HiBob has taken the idea of streamlining HR solutions seriously and wants to be an all-in-one solution, according to its co-founder. The platform, which HR industry analyst Josh Bersin once referred to as “Instagram on the front end with Workday on the back end,” set out to deliver a “consumer experience” for both the employee and HR professional on the front-end of the platform.

HiBob’s efforts wrap together hiring, culture, DE&I oversight, and pay as a system of record for its more than 3,600 global clients.

Earlier this year, HiBob acquired Pento, a UK-based payroll platform, for $40 million in a move to enter the payroll services space across the pond.

“A lot of the main players have a great value proposition for their main thing, but it’s in the coupling of those other bundled services that maybe they’re not as great as another standalone product,” Joey Price, CEO of small-business consultancy Jumpstart:HR, told HR Brew in 2022 after a proliferation of VC funding amid early in Covid-19 pandemic created a blossoming of SaaS offerings in the HR tech space. Venture funding has since ebbed.