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LiveHire anticipates significant sales growth from new products

LiveHire (ASX:LVH) has released two major product pillars for its cloud-based recruitment platform, Talent Community.
LiveHire anticipates significant sales growth from new products
LiveHire anticipates significant sales growth from new products

The new products are ‘Live Talent Analytics’ and ‘Live Talent Pooling’.

Live Talent Analytics is a real-time reporting and contextual analytics feature across the entire Live Talent Ecosystem.

The product includes significant innovations in the areas of artificial intelligence (AI), real time embedded analytics, and predictive talent recommendations.

Live Talent Pooling is a major product milestone for LiveHire’s recruitment platform, as it completes the cycle of proactive sourcing tools.

Companies can now fully automate the process of organising entire Talent Communities into qualified Talent Pools for every role in their organisation, further reducing time and cost.

This release positions LiveHire as the technology of choice for companies who want to change from reactive recruitment (advertise, apply, review, reject, repeat) to proactive sourcing and candidate engagement.

LiveHire expects significant growth in sales in 2017 to increasingly larger cornerstone clients and additional global recruitment process outsourcing (RPO) partners.

The company is well funded with $8.94 million in cash as at 30 September 2016.

LiveHire’s share price has doubled in the past six months, last trading at $0.32.

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