About ReferScout

ReferScout provides a platform that enhances Employee Referral Programs by utilizing data analytics to increase employee engagement and streamline the referral process. This solution generates high-quality candidates, improving the efficiency and effectiveness of hiring through referrals.

```xml <problem> Many companies struggle to maximize the effectiveness of their employee referral programs due to low employee engagement, cumbersome manual processes, and a lack of data-driven insights. This results in a smaller pool of qualified candidates and increased time and cost per hire. </problem> <solution> ReferScout is a referral management system designed to streamline and optimize employee referral programs, increasing employee participation and generating higher-quality candidates. The platform automates the referral process, provides an intuitive interface for both recruiters and employees, and offers gamified incentives to boost engagement. By integrating with existing Applicant Tracking Systems (ATS) and HR tools, ReferScout simplifies the management of referrals, provides real-time status tracking, and delivers comprehensive reporting and analytics to measure program performance. This enables companies to improve the efficiency and effectiveness of their referral hiring, leading to faster time-to-hire and reduced recruitment costs. </solution> <features> - Personalized employee interface displaying relevant vacancies, referral performance, and bonus eligibility - Customizable referral campaign templates for targeted recruitment incentives - Gamification model to automatically engage employees and maximize participation - Reporting and insights dashboard providing complete visibility of referral program performance - Seamless integration with existing ATS and HRIS systems to automate data transfer - Real-time status tracking of referred candidates throughout the hiring process - Customizable referral links for easy sharing of job openings - Employee leaderboard to foster friendly competition and recognize top referrers - Bonus payment tracking to streamline compensation management </features> <target_audience> ReferScout targets companies of all sizes, from small businesses to Fortune 500 enterprises, that are looking to improve the performance of their employee referral programs and increase the quality of their hires. </target_audience> <revenue_model> ReferScout offers tiered annual subscription plans: Launch at $9,999 per year for up to 500 employees, Growth at $13,999 per year for 500-1,500 employees, and Scale at $23,999 per year for 1,500-5,000 employees; an Enterprise plan is also available for larger organizations with 5,000+ employees. </revenue_model> ```

What does ReferScout do?

Where is ReferScout located?

ReferScout is based in Manila, Philippines.

When was ReferScout founded?

ReferScout was founded in 2023.

Location

Manila, Philippines

Founded

2023

Employees

3 employees

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ReferScout

Score: 75/100

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Executive Summary

referscout.com 1K+

Founded 2023 – Manila, Philippines

Funding

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Team (<5)

Sud Parasar

Seasoned SaaS Entrepreneur with 20+ Years of Experience

Ayushman Parasar

Building ReferScout to help organizations accelerate talent acquisition through employee referrals

Company Description

Problem

Many companies struggle to maximize the effectiveness of their employee referral programs due to low employee engagement, cumbersome manual processes, and a lack of data-driven insights. This results in a smaller pool of qualified candidates and increased time and cost per hire.

Solution

ReferScout is a referral management system designed to streamline and optimize employee referral programs, increasing employee participation and generating higher-quality candidates. The platform automates the referral process, provides an intuitive interface for both recruiters and employees, and offers gamified incentives to boost engagement. By integrating with existing Applicant Tracking Systems (ATS) and HR tools, ReferScout simplifies the management of referrals, provides real-time status tracking, and delivers comprehensive reporting and analytics to measure program performance. This enables companies to improve the efficiency and effectiveness of their referral hiring, leading to faster time-to-hire and reduced recruitment costs.

Features

Personalized employee interface displaying relevant vacancies, referral performance, and bonus eligibility

Customizable referral campaign templates for targeted recruitment incentives

Gamification model to automatically engage employees and maximize participation

Reporting and insights dashboard providing complete visibility of referral program performance

Seamless integration with existing ATS and HRIS systems to automate data transfer

Real-time status tracking of referred candidates throughout the hiring process

Customizable referral links for easy sharing of job openings

Employee leaderboard to foster friendly competition and recognize top referrers

Bonus payment tracking to streamline compensation management

Target Audience

ReferScout targets companies of all sizes, from small businesses to Fortune 500 enterprises, that are looking to improve the performance of their employee referral programs and increase the quality of their hires.

Revenue Model

ReferScout offers tiered annual subscription plans: Launch at $9,999 per year for up to 500 employees, Growth at $13,999 per year for 500-1,500 employees, and Scale at $23,999 per year for 1,500-5,000 employees; an Enterprise plan is also available for larger organizations with 5,000+ employees.