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The Future of HR Tech Marketplace is HERE!

Written by Vinay Johar | March 28, 2019

Would you like to know the potential of the marketplace?

An upcoming trend in the HR Tech market, the marketplace is a solution to many challenges. This beautiful concept is evolving and bringing the HR tech industry closer. As an ATS/CRM, you can go to this platform to avail all the services you need. It is a one-stop-shop where vendors and users come together to achieve their business goals.

Marketplace and Recruitment

Imagine you have a candidate’s email ID, and you need to know more information about him.

  • What will be your plan of action?

  • You will search for multiple vendors who can provide this information.

  • The result is: you end up getting confused with numerous options. Also, you need to integrate separately with third parties.

This challenge gives rise to the need for a marketplace.


What Happens in a Marketplace?

  • As an ATS/CRM, you choose as many apps as you want to get the services you need. Thus, the platform saves you from the unnecessary struggle in finding the right vendor.

  • Vendors can also manage buyers in one place.


How Does A Marketplace Help?

  • Customer Engagement

Creating apps on a marketplace and allowing the users to view them can increase your clientele. Attract your customers and engage them without having them to leave the platform.

  • Introducing an Idea

Have an innovative idea? Get all the technological solutions you need from the marketplace and start a community.

  • Create Your Marketplace

Avail the opportunity to build workflows and create a marketplace for your CRM/ATS.

Few Examples

ADP

You can buy HR apps at ADP marketplace. HR solution providers can also create their apps on this platform and promote them to 600,000+ companies.

Greenhouse

Another popular example, Greenhouse provides an excellent opportunity to explore its capabilities. You can find apps in various categories such as Background Checks, Social, HRIS, Candidate Travel, Job Research, etc.

Bamboo HR

Get all the popular apps at BambooHR marketplace. It integrates with leading names such as Jobvite, Greenhouse, SmartRecruiters, etc.

Conclusion

The HR tech marketplace is evolving rapidly with advancements in AI, machine learning, and data analytics. These technologies are streamlining HR processes and enhancing decision-making. Embracing these innovations will help organizations attract and retain top talent, stay competitive, and create more agile and inclusive workplaces. The future of HR tech is about leading the way in transforming HR management for better efficiency and effectiveness.

RChilli is soon going to launch its enrichment marketplace. Are you interested to know more about it? Contact us for more information.