• Interview with Christy Forest - Livehire

  • 2024/06/25
  • 再生時間: 12 分
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Interview with Christy Forest - Livehire

  • サマリー

  • # Company Overview

    - LiveHire is a B2B recruitment software technology founded in 2011

    - Provides a talent community platform for candidates to express interest in companies

    - Offers two-way texting capability for improved communication

    - Over 200 clients in Australia and about a dozen in North America

    # Key Features and Benefits


    - Reduces time to hire by almost 50%

    - Increases diversity rates by approximately 30%

    - Improves candidate quality and speed of hiring

    - Average response time on the platform is 17 minutes

    - Enables total talent acquisition (contingent and permanent hiring)


    # Recent Performance


    - Improved financial position and underlying fundamentals

    - Reduced cost base

    - Strong net revenue retention metrics in SaaS business

    - Achieved cashflow positive quarter

    - 35% growth in North American business over last six months


    # Industry Trends


    - Shift towards multidimensional work (contractor, permanent, gig economy)

    - Companies need more agile workforce strategies

    - Increasing focus on total talent acquisition

    - Growing importance of direct sourcing in contingent hiring


    # North American Market


    - Same technology platform as Australia

    - Well-suited for Fortune 100 companies transforming contingent hiring

    - Nearly 50% of labor market is contractor-based

    - Potential for significant cost savings for clients


    # Partnerships


    - Manpower Tapfin partnership for direct sourcing

    - SAP partnership for total talent capability

    - Integration with both permanent and contingent hiring processes


    # AI Integration


    - Viewed as an opportunity, not a threat

    - Uses third-party AI (e.g., Anthropic Clod) for specific functions

    - Focus on ethical AI implementation

    - AI applications include job description creation, CV parsing, and skill matching

    - Emphasis on improving recruiter and candidate experience


    # Company Strengths


    - Humanized technology approach

    - Adaptability to changing labor market dynamics

    - Strong platform fundamentals

    - Committed staff and high client satisfaction ratings

    - Survival and growth through challenging economic periods


    # Future Outlook


    - Positioned to meet evolving labor market needs

    - Continued focus on growth and cost management

    - Expansion of AI capabilities in recruitment processes

    - Potential for further global expansion


    This content is factual information only, does not contain financial product advice and has not been prepared in consideration of your personal circumstances or needs. Views shared by individuals are their own personal views and not the views of Sub11. We are not licenced to provide financial product advice and cannot make investment recommendations to you. Investments carry risk. Please consider seeking professional financial advice, and read the relevant disclosure documents, before making any decisions to invest in financial products.

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あらすじ・解説

# Company Overview

- LiveHire is a B2B recruitment software technology founded in 2011

- Provides a talent community platform for candidates to express interest in companies

- Offers two-way texting capability for improved communication

- Over 200 clients in Australia and about a dozen in North America

# Key Features and Benefits


- Reduces time to hire by almost 50%

- Increases diversity rates by approximately 30%

- Improves candidate quality and speed of hiring

- Average response time on the platform is 17 minutes

- Enables total talent acquisition (contingent and permanent hiring)


# Recent Performance


- Improved financial position and underlying fundamentals

- Reduced cost base

- Strong net revenue retention metrics in SaaS business

- Achieved cashflow positive quarter

- 35% growth in North American business over last six months


# Industry Trends


- Shift towards multidimensional work (contractor, permanent, gig economy)

- Companies need more agile workforce strategies

- Increasing focus on total talent acquisition

- Growing importance of direct sourcing in contingent hiring


# North American Market


- Same technology platform as Australia

- Well-suited for Fortune 100 companies transforming contingent hiring

- Nearly 50% of labor market is contractor-based

- Potential for significant cost savings for clients


# Partnerships


- Manpower Tapfin partnership for direct sourcing

- SAP partnership for total talent capability

- Integration with both permanent and contingent hiring processes


# AI Integration


- Viewed as an opportunity, not a threat

- Uses third-party AI (e.g., Anthropic Clod) for specific functions

- Focus on ethical AI implementation

- AI applications include job description creation, CV parsing, and skill matching

- Emphasis on improving recruiter and candidate experience


# Company Strengths


- Humanized technology approach

- Adaptability to changing labor market dynamics

- Strong platform fundamentals

- Committed staff and high client satisfaction ratings

- Survival and growth through challenging economic periods


# Future Outlook


- Positioned to meet evolving labor market needs

- Continued focus on growth and cost management

- Expansion of AI capabilities in recruitment processes

- Potential for further global expansion


This content is factual information only, does not contain financial product advice and has not been prepared in consideration of your personal circumstances or needs. Views shared by individuals are their own personal views and not the views of Sub11. We are not licenced to provide financial product advice and cannot make investment recommendations to you. Investments carry risk. Please consider seeking professional financial advice, and read the relevant disclosure documents, before making any decisions to invest in financial products.

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