Merger to help customers attract and retain top talent
SmartRecruiters’ deep expertise in high-volume recruiting, recruitment automation, and AI-enabled candidate experience and engagement are considered an ideal addition to the SAP SuccessFactors human capital management (HCM) suite.
The planned acquisition will strengthen SAP’s all-in-one HCM suite, so customers have the tools they need to attract and retain top talent in an increasingly competitive landscape, according to a press statement.
Seamless workflows
SmartRecruiters’ powerful, user-friendly interfaces and seamless workflows will complement SAP’s robust HR tools – improving decision-making, reducing time-to-hire and providing a better experience for candidates. Embedded analytics and AI-driven recommendations from both companies will provide rich insights into talent pools, hiring bottlenecks and workforce planning.
“Hiring the right people is not just an HR priority, it’s a business priority. With this planned acquisition, we will help our customers attract and hire the best talent so they can advance their talent acquisition agendas with speed and agility, while lowering their total cost of ownership,” emphasized Muhammad Alam, Member of the Executive Board of SAP SE, SAP Product & Engineering.
“Customers will be able to manage the entire candidate lifecycle, from sourcing and interviewing to onboarding and beyond, all in a single system to streamline the experience for recruiters, hiring managers, and, in particular, candidates,” he continued.
AI-enabled recruiting capabilities
Customers can expect enhanced and AI-enabled recruiting and hiring capabilities, making applicant tracking and candidate screening more efficient. Data-driven hiring and recruitment analytics will flow directly into SAP’s existing HCM tools, providing a single system of record and harmonized data for compliant, seamless operations.
SmartRecruiters’ Software-as-a-Service solutions and platform enable more than 4,000 organizations globally to efficiently manage their hiring workflows end-to-end, offering a compelling experience to recruiters, hiring managers and candidates.
“SmartRecruiters’ mission has always been to make hiring easy. Joining forces with SAP presents a tremendous opportunity for enterprises worldwide to benefit from our industry-leading approach to talent acquisition. I welcome the prospects this planned acquisition presents for our customers, partners and employees as we build the future of hiring together,” asserted Rebecca Carr, CEO, SmartRecruiters.
