TALENT ACQUISITION, RECRUITMENT & RETENTION
PRnewswire | June 02, 2023
GoToro, a leading provider of digital job advertising solutions, is proud to announce its official launch as a unified platform, combining the expertise of Fusion RL, Find a Trucker Job (FATj), Find A Nursing Job (FANj), and Talenize. With a decade of experience in the industry, GoToro has purpose-built proprietary technology to streamline and enhance the hiring process for HR and Talent Acquisition departments.
In today's fast-paced and competitive job market, it is crucial for companies to ensure their job posts reach the right audience at the right time. With numerous job sites and boards available, organizations often face the challenge of effectively promoting their job openings while minimizing unnecessary spending on advertisements. GoToro recognizes these pain points and addresses them with its Leading Edge Optimization (L.E.O.) platform.
L.E.O. is a cutting-edge solution that alleviates the stress and headaches associated with sourcing qualified candidates quickly and efficiently. By leveraging advanced algorithms and data-driven insights, L.E.O. optimizes job postings to reach the most relevant and qualified candidates across a vast network of job sites and online platforms. This ensures maximum visibility for job openings while minimizing overspending on ads that do not yield desired results.
GoToro offers a comprehensive range of products and services tailored to meet the diverse needs of HR professionals. The platform enables recruiters and hiring managers to target specific candidate demographics, industries, and regions, allowing them to attract top talent for their organizations effectively. By providing detailed analytics and reporting, GoToro empowers HR teams to make data-driven decisions, monitor campaign performance, and refine their recruitment strategies.
"We are thrilled to introduce GoToro to the market and combine the expertise of Fusion RL, FATj, FANj, and Talenize under one unified platform," said Bruno Stanziale, CEO of GoToro. "Our goal is to revolutionize the hiring process by leveraging our proprietary technology and deep industry knowledge. With GoToro, HR professionals can source qualified candidates faster, more efficiently, and with greater confidence."
As part of the transition, the experienced members of Fusion RL, FATj, FANj, and Talenize have joined forces with the GoToro team. Their collective knowledge and understanding of the digital job advertising industry will be instrumental in enhancing the platform's capabilities and delivering exceptional service to clients.
For HR professionals seeking a seamless and effective hiring process, GoToro offers the ideal solution. By leveraging innovative technology, unparalleled expertise, and a commitment to customer success, GoToro aims to become the go-to platform for talent acquisition and recruitment.
GoToro is a leading provider of digital job advertising solutions, revolutionizing the hiring process for HR professionals. With a decade of experience in the industry, GoToro has developed proprietary technology and a unified platform to streamline and optimize the recruitment process. By delivering targeted and data-driven job postings, GoToro helps organizations attract top talent efficiently and cost-effectively.
HR ANALYTICS, WORKFORCE MANAGEMENT
PRnewswire | June 02, 2023
Eightfold AI, the leader in AI-powered talent intelligence, today announced their live implementation with Faurecia, a FORVIA Group company. Faurecia leverages Eightfold AI's Talent Acquisition and Talent Management offerings to further modernize its hiring programs leveraging the most advanced technology and employee experience.
Additionally, Faurecia is leveraging Eightfold AI's Talent Intelligence Platform to source more candidates from their existing Applicant Tracking System (ATS). Through Eightfold AI's skills database, Faurecia projects measurable improvements to the effectiveness and efficiency of its entire talent operation. Moreover, Eightfold's bias-reduction capabilities are key to Faurecia's ongoing commitment to make diversity, equity, and inclusion (DE&I) a core component of its workforce.
"We're a great company, and that means recruiting great talent, and enabling them to continue growing once they've joined our organization is our priority." said Jean-Pierre Sounillac, Faurecia Executive Vice President Group Human Resources.
"Faurecia is up-leveling their talent operation by creating a consistent global experience and connecting its talent acquisition with the upskilling of their employees," said Ashutosh Garg, CEO and Co-founder at Eightfold AI. "Their strategy to become a skills-based organization will serve as the model for future-ready organizations going forward."
Eightfold AI offers a single Talent Intelligence Platform that provides a consistent experience for recruiters, hiring managers, and employees. As a result, companies can consolidate the capabilities of their existing HR technology investments into one cohesive offering that can be leveraged globally, furthering a company's digital transformation.
By analyzing anonymized data points, the Eightfold Talent Intelligence Platform improves hiring, engagement, retention, and DE&I processes. Enterprise customers have achieved results for talent acquisition including 35 percent faster time-to-fill across all positions, 50 percent greater recruiter efficiency, 60 percent higher qualified candidate volume, 88 percent increase in employee referrals, and 19 percent increase in hiring of female candidates, among other verified outcomes.
About Eightfold AI
Eightfold AI's market-leading Talent Intelligence Platform™ helps organizations retain top performers, upskill and reskill their workforce, recruit talent efficiently, and reach diversity goals. Eightfold's patented deep learning artificial intelligence platform is available in more than 155 countries and 24 languages, enabling cutting-edge enterprises to transform their talent into a competitive advantage. For more information, visit www.eightfold.ai.
Faurecia, company of the Group FORVIA, is a global automotive technology leader. With 257 industrial sites, 39 R&D centers and 111,000 employees in 33 countries, Faurecia operates through four areas of business: Seating, Interiors, Clarion Electronics and Clean Mobility. In 2021, the Group reported total turnover of €15.6 billion. Faurecia is listed on the Euronext Paris market and is a component of the CAC Next 20 index. www.faurecia.com
FORVIA, the world's seventh largest automotive technology player, comprises the complementary technology and industrial strengths of Faurecia and HELLA. With over 300 industrial sites and 66 R&D centers, 150,000 people, including more than 35,000 engineers across 40+ countries, FORVIA provides a unique and comprehensive approach to the automotive challenges of today and tomorrow. Composed of 6 business groups with 24 product lines, FORVIA is focused on becoming the preferred innovation and integration partner for OEMs worldwide. The Group provides solutions for a safe, sustainable, advanced and customized mobility, FORVIA aims to be a change maker committed to foreseeing and making the mobility transformation happen.
COMPENSATION MANAGEMENT, PAYROLL
PRnewswire | June 01, 2023
Nium, the leader in real-time global payments, has enhanced its market-leading payroll payments solution to support the complex needs of payroll platforms worldwide. Nium's payroll solution simplifies global growth for a majority of payroll platforms, including Panther, a provider of global employment, payroll, benefits, and contractor software that can be integrated with an HR tech stack.
In addition to expanded network and currency coverage in Canada, Africa, Middle East, Latin America, and Asia Pacific, new enhancements to this offering include:
Foreign Exchange (FX) Transparency: Allows for end-to-end FX control, which includes transparent costs with a single clear FX markup and one low per-transaction fee to help manage costs at scale. With this, clients can schedule bulk conversion for ease and control, lock FX rates to manage FX fluctuation, and configure fees at the customer level for flexibility;
Beneficiary Pre-screen and Confirmation of Payee: Minimizes potential returns with verified payee information and keeps the payment process quick and smooth;
Scheduled Payouts: Enables clients to disburse payments to their workforce on a certain date. Provides predictability to their clients' employees on when to expect to receive their salary payouts;
Direct Debit in the US, UK, and EU: Provides the ability for platform clients to pull funds from their customers' primary bank accounts into their Nium wallet to fund payroll payouts, this improves cash flows and reduces friction.
The global payroll outsourcing market was pegged at $9.9 billion in 2021, according to U.S.-based Allied Market Research. Growing at a CAGR of 7.2% from 2022 to 2031, the market is expected to reach $19.5 billion – making it one of the largest and fastest growing opportunities in global payments. The need to hire at scale across borders is rapidly becoming a key competition for companies. But, adding remote workers adds significant cost and complexity to payroll operations, simplified by the growing number of third-party payroll platforms. Specifically, 80% of companies believe that transparent foreign exchange rates are important for payroll providers. By making Nium's fees transparent, its clients can have more control over their finances.
"Global payroll is complex," says Robin Gandhi, CPO of Nium. "Every country has different regulations, including tax laws, employment laws and data privacy laws which make the compliance process tricky, and that's what payroll platforms do best. However, getting money to every employee or contractor on payday in their preferred account, on-time, and across multiple geographies is not easy. With our global payments network and payroll specific functionality, we make payroll seamless, so platforms don't have to worry about the technical and legal lift to send money across the world knowing that their employees will have access to funds when they need them."
"We trust Nium to move funds reliably, quickly, and compliantly around the world and across different corridors," said Matt Redler, CEO and Co-founder of Panther. "We consider their payroll solution a trusted component of our engine. Specifically, their transparent FX capabilities allow us to price our FX revenue stream in a competitive way. We're excited about Nium's payroll enhancements and our continued partnership."
Nium's payroll solution goes beyond the ordinary, offering a comprehensive suite of products to empower global payroll platforms and businesses to seamlessly onboard, transact and manage payroll for employees and contractors worldwide, including competitive FX, built-in compliance, real-time payments, security offerings, zero-deduction wire transfers, and multiple market coverage. However, the company understands that payroll is not merely a transactional process; it is mission critical money movement that holds the power to impact lives and it's important to have a partner businesses can trust. By leveraging Nium's global payment platform, platforms and businesses can put their trust in Nium while they focus on growing globally with improved operational efficiency and exceptional customer experience.
Nium, the leader in real-time global payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the on-demand economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore, with regional offices in London, Amsterdam, Hong Kong, Mumbai, Bengaluru, and Chennai.