Best Executive Search Software

The executive transitional period is a big deal in many industries and organizations. After all, an executive staff member has a lot of responsibilities to the organization and has the power to enact a great deal of change. It’s important for any recruiter to do their due diligence in any hiring process, but especially when it comes to searching and hiring executives. The hiring process has changed so much in the digital age. Methods that were previously tried and true for hiring, such as relying on in-person networks and researching potential candidates online, are no longer as effective. Without an executive search software, recruiters can quickly become overwhelmed by the sheer amount of candidates that are available online. However, not every candidate is a good fit for the position or even interested in the job. That’s difficult to ascertain from a simple LinkedIn post, but the use of an executive search solution such as Loxo AI could give recruiters a helping hand in finding interested candidates with the right level of experience. Software tools play an important role in the executive search process. There are a few different types of recruiting software that can be used to find executive candidates and other open positions. Some recruiters use a mishmash of different software, while others invest in an all-in-one option like Loxo. One of the essential recruiting software is called an Applicant Tracking System or an ATS. This software is used by recruiters to streamline and automate the recruitment process. Many ATS software are capable of resume parsing, posting jobs to multiple job boards and social media platforms at once, candidate tracking and screening, as well as providing real-time reports on the recruitment process. However, not every ATS performs these functions equally well, so it’s important to choose one that provides the level of detail and information you need it to.Recruiters also use Candidate Relationship Management (CRM) software to manage and nurture relationships with candidates over an extended period of time. Not every candidate will be right for a job at every point in time, but that doesn’t mean they won’t be the best fit in the future! A CRM helps recruiters keep tabs on their past and potential candidates.

  • However, the best executive search software can provide all of the benefits of an ATS and CRM in one system. Loxo AI is an ATS and CRM in one, with the additional benefits of a talent intelligence platform that is powered by artificial intelligence. Loxo AI doesn’t just provide a way for recruiters to track and sort candidates; it provides them with a method to source them, screen them, build relationships with them, and more. It is also capable of automating outbound recruitment completely, freeing recruiters up to spend more time with candidates that are already in contact.

An executive search takes a lot of time and dedication. Loxo AI can streamline processes and lead to a quicker time-to-hire and manage costs more effectively.

Executive Talent Search

The executive talent search process can vary from industry to industry depending on the specific needs, requirements, and expectations of the field and the organization conducting the search. Here are just a few ways that the executive search process can differ based on industry.

  • Industry-specific knowledge
    • Executive search firms and recruiters will likely require specialized knowledge of the industry they are recruiting for. For example, an executive search firm recruiting for a healthcare position may have a lot of technology executives in their ATS and CRM, but there is not a lot of crossovers between the two industries. While many other positions lower than executive can sometimes seamlessly transition between industries, that is not typically the case when it comes to executive leadership.
  • Talent pool
    • The talent pool for executive-level positions can vary significantly by industry, with some industries having a comparatively small pool of qualified candidates. For example, in a physician executive search, the biotech and pharmaceutical industries often require highly specialized technical expertise and the talent pool may be limited to a small number of individuals.
  • Hiring timeline
    • Different industries may have different timelines for hiring for an executive position. For example, a finance executive search may require a longer hiring timeline due to the need for extensive background checks and regulatory compliance, whereas a technology executive search may require a shorter hiring timeline due to the fast-paced nature of the industry.
  • Hiring criteria
    • Some industries place more emphasis than others on technical expertise, while others prioritize cultural fit or leadership skills. Industries that require a high level of technical expertise, such as the healthcare or finance field, may prioritize specialized experience, whereas a technology company might prioritize leadership ability.
  • Recruitment channels
    • The recruitment channels used to source candidates can vary by industry. While it’s possible that many executives across all industries are active on LinkedIn, there are also more specialized sources where different groups of executives spend their time. For example, the healthcare industry may rely heavily on referrals and industry-specific job boards, while the technology industry may use social media and professional networking platforms.

One of the most powerful things about Loxo is that it gives recruiters the ability to manage the entire candidate lifecycle from one platform. Its other features, such as a Chrome extension, allow recruiters to quickly add candidates from online platforms such as LinkedIn, Indeed, Angelist and GitHub with the click of a button. Add in Loxo’s groundbreaking AI algorithm that is able to generate a ranked list of recommended candidates in seconds - and you’re looking at a 74% reduction in costs and an 80% increase in speed for the time to hire.

Executive Search ATS

Loxo is the best ATS for executive search due to its ability to post to multiple job boards, parse resumes, detailed reporting functionalities, and its best-in-class search capabilities. One of the biggest differentiators for the Loxo ATS - aside from the incredible suite of products that it folds into - is that the Loxo ATS is completely free forever, according to Loxo CEO Matt Chambers. While executive search recruiters would certainly benefit from Loxo’s Talent Intelligence Platform, working within the Loxo ATS for free is a great starting point. Here are just a few other things that set Loxo apart and make it one of the greatest ATS recruiting software for executive search.

Seamless integrations

Loxo integrates with many other tools and platforms, including LinkedIn, Google Drive, and Outlook. These integrations are just part of what makes Loxo’s search capability so great - you can find candidates from all over the internet directly within Loxo.

Advanced search capabilities

Loxo allows recruiters to search by job title, location, industry, and more. Searches can also be saved for future use, making it easy to quickly find the right fit for your open positions. This also comes in handy when searching for very specific positions, such as executives!

Customizable workflows

Recruiters can customize their workflows in a way that makes the most sense to them with Loxo’s customizable workflows. Recruiters can make use of a ‘drag-and-drop’ candidate pipeline, create custom stages and tasks, and assign tasks to team members. This helps keep the team focused and on the same page.

Candidate communication

Recruiters can reach out to candidates directly with email and SMS campaigns. You can set up custom templates for different stages of the hiring process and schedule emails for specific times. This helps improve the communication and the relationship between candidates and recruiters. Communication is chiefly important, especially in executive search. This built-in functionality makes Loxo one of the best executive search ATS software!

Executive Recruitment Software

The world is always advancing. The job market is continuing to change and evolve in the wake of the pandemic, which means that recruitment processes have to change too. Loxo has founded that artificial intelligence can make a huge difference in recruitment management software and change the game on behalf of the companies that use it. Loxo’s Talent Intelligence Platform uses artificial intelligence to revolutionize executive recruiting tools and their recruiting software platforms. Here are some of the things that the AI in Loxo’s Talent Intelligence Platform can do for recruiters:

  • Generate personalized candidate recommendations.
    • Loxo’s AI can learn your specific company’s hiring preferences by analyzing the resumes and job descriptions of your previous hires. When you have new open positions, Loxo can generate a custom list of candidates that are ranked according to their suitability. This means that instead of sifting through large piles of resumes, recruiters are given a curated list of candidates to begin with.
  • Next-generation resume parsing
    • Reading resumes takes up a lot of a recruiter’s time. Loxo’s accurate resume parsing technology reduces the time spent by recruiters on reading resumes by extracting relevant information and reforming it into a comprehensive candidate profile. Recruiters can view education, work experience, skills, and other relevant details at a glance.
  • Advanced candidate search
    • Loxo’s advanced search capabilities, powered by AI, make it possible to find candidates even with hyper-specific criteria. Thanks to Loxo’s integrations, candidates can be found from all over the internet directly in the Loxo platform.
  • Customized job descriptions
    • Loxo AI can generate custom job descriptions for open positions based on your current and previous job descriptions. Don’t waste time rewriting what’s been posted in the past - let Loxo learn your organization’s preferences and generate new descriptions in seconds!
  • AI-powered candidate sourcing
    • Loxo’s artificial intelligence can scan the largest talent pool in the world with over 1.2 billion professionals and return with a list of candidates that are best suited for your currently open positions. This can be an incredible time saver when it comes to executive search! Rather than scour every corner of the internet for an executive with the right level of experience, let Loxo do the work and find them for you.

Loxo’s artificial intelligence can also safeguard against implicit bias in the candidate-sourcing stage. Since data is doing all of the talking, human preferences are easier to overcome. Loxo AI can take automation in executive recruitment software to a powerful new level - streamlining sourcing, screening resumes, and creating target candidate lists. With the help of Loxo AI, outbound recruiting can be almost totally automated, leaving recruiters with more time to invest in promising candidates.Loxo has revolutionized what it means to be a recruiter. Their next-level Talent Intelligence Platform can help recruiters give their clients more value than ever, effectively reducing costs and increasing speed to hire by over 85%.