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LiveHire secures fourth enterprise agreement with Korn Ferry to supply recruitment platform

The agreement represents annualised recurring revenue of twice the current average across LiveHire’s current clients, in addition to other non-recurring upfront revenue.

LiveHire secures fourth enterprise agreement with Korn Ferry to supply recruitment platform
LiveHire curates 'talent communities' through its online human resources platform

LiveHire Ltd (ASX:LVH) has secured a fourth enterprise agreement with recruitment process outsourcing (RPO) company Korn/Ferry International (NYSE:KFY).

The agreement includes supply of the LiveHire platform to Korn Ferry’s Australian client to recruit all employees across several of the client’s businesses.  

 

LiveHire chief executive officer Christy Forest said this was the fourth significant client to go live in conjunction with Korn Ferry and one of many large enterprise engagements currently in the prospective sales pipeline.

She said: “Korn Ferry is one of the leading innovators in RPO solutions in Australia and New Zealand and we are building the platform to transform the candidate and recruiter experience for its current clients and support its future growth strategy.”

LiveHire considers the latest agreement a substantial progression in its business strategy, demonstrating ongoing applicability and adoption of the LiveHire platform with larger enterprises.

It also underscores the importance of building technology to satisfy the most progressive RPO companies and represents strong uptake, increased momentum and an appetite for innovation in the RPO market.

READ: LiveHire signs talent acquisition platform deal with Vodafone Australia

Korn Ferry’s client is an Australian-based global leader of industrial, natural and financial businesses, with more than 11,000 employees.

LiveHire will host talent communities for the entire RPO contract with the client, which includes recruitment of all employees for iron ore mining assets, iron ore bulk handling facilities, steelworks and recycling operations.

The LiveHire platform will facilitate the flow of talent into the organisation through a platform-based approach that is rapidly deployed, scalable, integrated and underpinned by a single unified candidate profile.

Forest added: “As a part of the first phase with this client, we will implement a fully integrated sourcing and engagement solution.

“We expect the second phase will involve a full integration with [the client’s] Workday human resource information system (HRIS).

“This would represent a powerful use case for the LiveHire platform in augmenting the Workday solution, applicable to many large enterprise in Australia and globally, with advanced talent pooling, AI, and machine learning to deliver unrivalled candidate and recruiter experience.”

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