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Jobvite Offers New Standalone Sourcing Tool

by
John Zappe
Sep 23, 2009, 8:00 am ET

JobviteJobvite is introducing what I hesitate to call a new sourcing tool, only because the term doesn’t really do it justice.

Google is a sourcing tool, but while it may get the job done, how long will it take to sift through the results? Jobvite Source is more of a blend of the best attributes of ZoomInfo and Broadlook with access to the social networks as well as the entire Web.

Jobvite search comparisonLast week, during a demo, Chief Product Officer Jamie Glenn did a search for an online marketing manager and came up with the resumes of, maybe, a couple hundred possibles from all the Web’s free sources. A similar search on Google turns up results in the hundreds of thousands.

The difference is Jobvite Source can compare the results to the job req, sifting out the job listings and other stuff, leaving you with resumes that match the requirements. It does the same as a well-structured query to your ATS or a resume database.

Before you say “Yeah, so,” consider that what Jobvite Source does for the job req, it can do for the candidates. Once you’ve compiled the initial candidate list, applied whatever additional filters you want — Glenn limited the search to candidates in the San Francisco Bay Area — and are satisfied, you can toggle over to a view of the candidate and whatever background is available online about them. The compilations are not as extensive as the summaries on ZoomInfo, but they are detailed enough to let you decide whether to look more closely.

Once you’ve narrowed your candidate list, you can import them into your ATS or create a campaign right in Jobvite Source. Either way, you send them a Jobvite, inviting them to apply and letting them know you’re interested. Likewise, any employee can use Jobvite Source to send a personal invitation to friends and connections in their social networks that the technology has matched to the job description.

The candidate contact is the very essence of Jobvite. Says Dan Finnigan, Jobvite CEO, “The Jobvite is the way to engage the candidate.”

Earlier this yJobvite social profileear, Jobvite introduced an application allowing it to access the  LinkedIn and Facebook connections of a company’s willing employees. It searches out contacts who best fit the job requirements and suggests to whom a Jobvite ought to be sent. To use it, you had to take the whole Jobvite package. Jobvite Source is a standalone application that works with any ATS.

With so many companies moving toward integrated products, Finnigan explained that Jobvite choose to make Source available as a separate product in order to reach that part of the market that already has an ATS and doesn’t have the money or the inclination to switch.

Companies, Finnigan says, have been “obliterating their recruiting departments.” But they still need to fill jobs. He believes that recruiters are moving away from the for-fee resume databases to search for candidates elsewhere. “The world has changed to the open Web,” he says, mentioning all the networks and personal blogs and sites that have cropped up in the last five years. “What we think recruiters need is a way to integrate with all this stuff.”

Jobvite Source, with its automated searching and parsing and filtering, makes it possible for what remains of the recruiting staff — or an HR generalist, in the smaller shops — to source, rather than post and pray. It isn’t going to replace a sourcer like a Shally Steckerl, but there isn’t an employer who wouldn’t welcome a way to cut down on the average recruiter’s time spent looking for candidates.

With a starting price tag of $500 a seat, Jobvite Source can help the SMB market play on a leveler playing field with the bigger firms at a competitive price.

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

  1. Jobster Reborn Away From The Cutting Edge : ERE.net

    [...] In that sense, he’s quite right. He’s also right that many of the systems on the market do a poor job of sourcing. Some of course, do a fine job. The bigger, beefier, and costlier ones can search internal and external candidate databases, social networks, and the web at large, creating lists of prospects and handle the contact management. Just this week a new tool from Jobvite was released that can do the same. [...]

  2. Jobvite Releases New Search Tool | Jobs Portal Watch

    [...] enthusiastic review on ere.net puts the starting price for the tool at US$500. Jobvite CEO Dan Finnigan told the website he thinks [...]

  3. Dan Boersma

    Jobvite Source is a web-based “ad-on” to a current ATS. A big selling point for Jobvite Source is they are a technical partner with LinkedIn. With Jobvite Source you are able to forward job invitations or “jobvites” to users on LinkedIn. However, your invitations are limited to ONLY your first contacts and you can send the invitation to a limit of 10 first contacts per job. The sales pitch from Jobvite is your job invitations will than be forwarded from your first contact to 2nd and 3rd suggested contacts. This makes no sense to me. If you are savvy on LinkedIn and have a large network of people and groups why would you need to use (and pay for) a 3rd party application to contact users you can already contact yourself? Also, if you are informing a first contact on LinkedIn directly why not just ask that individual to forward to job information to anyone he/she knows who may be interested. You would think LinkedIn would allow a company they are partnering some advanced features.

    FYI: The cost is $350/user with an annual contract plus a $500-1000 one time set up fee. I think Jobvite is on the right track and hope they continue to release new features. However, right now I don’t see the value.

  4. Heather Thompson

    A great alternative is http://www.inparser.net lets you collect passive candidates in Linkedin and easily import the data into any CRM or ATS.

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