Top 15 Recruitment Analytics Tools in 2024 | iMocha

Let's face it: the recruitment lifecycle is complex. Modern recruitment professionals have to consider many metrics to ensure that they source, interview, place, and onboard the best applicants for each position. As a result, recruitment analytics tools have become an integral part of every modern recruiting strategy.

Recruitment analytics is an essential aspect of the hiring process. There are many moving pieces in the process, like how many people applied for the job, where they found the job listing, which candidates performed best, and much more. It can be tough to keep track of everything and coordinate properly. Thus, many firms hire analytics professionals for the role.

This conventional recruitment method relies heavily on manual tasks such as resume screening and interview scheduling. Furthermore, manual processes are prone to human error, adding to the complexity and making scaling more difficult.

As a result, several recruiting analytics solutions on the market today can help you better understand your recruitment data and make informed hiring decisions.

These tools can:

• Assist you in identifying trends and patterns, understanding what works and doesn't, and making more informed judgments about where to allocate resources.
• Investigate all areas of the company's hiring process to estimate future hiring requirements and enhance the overall process.
• Predict areas that need improvement using predictive analytics.

When it comes to selecting the best recruitment analytics software, it is easy to get lost. That's why we've shortlisted reliable recruitment analytics tools to help you choose the best one.

Top 15 Recruitment Analytics Tools

1. iMocha

G2 rating: 4.4/5 (247 reviews)

Founded In: 2015

iMocha is the most user-friendly recruitment analytics tool on the market today. This portal provides aptitude and job-specific assessments that feature the most recent and high-quality questions designed by industry experts. This application also features a data analytics functionality that includes the mean and standard deviation of the assessment, as well as a graphical interpretation in the form of a pie chart, to help you filter candidates more efficiently.

Its pre-employment testing analytics feature provides insight into applicants' performance and skill proficiency. iMocha also helps you create a skill benchmark in your organization to ensure a quality bar for all future candidates and employees. It provides analytics on candidate and organizational levels, and you can gauge the most skill-fit candidate in the pipeline at a glance.

Perks

• You can customize the difficulty level of the assessments.
• With the help of their subject matter experts, you can also create your own assessment to ensure effective screening.
• Smart video proctoring helps you analyze and detect cheating violations during assessments.
• The Candidate Response metric from iMocha assists you in comprehensively analyzing the candidate's journey from invitation to test attempt.
• This portal's powerful reporting & intelligent analytics help you overview the candidate's performance in each section of tests within a glance.

Another new offering of iMocha is its Skill Intelligence Cloud, released in 2023. It takes talent recruitment to another level and provides accurate candidate matches to the job profile without going into the hassle of assessments.

You can drastically reduce time-to-hire and effectively identify candidates suitable for specific roles. This cutting-edge technology creates candidate skill profiles and matches them with the organization's job description to provide in-depth analytics on who to hire. The aim is to make talent acquisition seamless with the organization's overall goals.

Free trial: Available

2. erecruit

G2 rating: 3.9/5 (41 reviews)

Founded In: 2009

erecruit is recruitment analytics software that aims to provide complete staffing solutions and integrates with several well-known job sites. It helps staffing companies and independent recruiters looking for a candidate match for their open requisitions. Additionally, this tool's real-time recruiting analytics capability aids in determining the gap between the demand vs. supply for jobs.

Perks

• This recruitment tool processes data from thousands of job boards and companies to share candidates in your inboxes.
• The UI is straightforward to navigate.
• This application allows you to publish jobs on numerous websites in one go.

Free trial: Available

Subscription Range: On request

G2 rating: NA

Founded In: 2015

IBM Watson Recruitment is an AI-powered platform that improves recruiter efficiency. It assesses and ranks candidates who best fit the position based on structured and unstructured data from applications. This recruitment tool also analyzes historical data on each requisition's complexity, skill requirements, and duration to fill specific jobs and provides an assessment for roles that would be most difficult to fill.

Perks

• It helps to identify priority requisitions based on job difficulty, needed skill set, and seniority. 
• You can use this tool to anticipate a candidate's success rate. 
• This application provides real-time market analytics to help you enhance conversations about your business.

Free trial: Available

Subscription Range: On request

4. yello

G2 rating: 4.4/5 (33 reviews)

Founded In: 2008

yello is a talent acquisition tool for enterprise and rapidly growing recruiting teams to maximize candidate sourcing, engagement, and completion phases. The platform integrates with most ATS systems, allowing recruiters to work together to acquire and retain top personnel. The unified platform also gives recruiters vital insights that lead to better-informed, data-driven choices and improved recruitment ROI.

Perks

• yello allows you to track recruiting performance anytime and from any location.
• This recruiting analytics tool establishes feedback loops in which a KPI is allocated to a particular owner and assesses progress directly from the dashboard.
• Hiring managers can create a consolidated repository of recruitment-related information with this data analytics platform.

Free trial: Not Available

Subscription Range: Monthly subscription is $109.00

G2 rating: 4.0/5 (542 reviews)

Founded In: 1999

Bullhorn is the market's oldest recruitment analytics software. Canvas is Bullhorn's powerful reporting tool that allows you to create whatever report you need depending on the business query. Excel, CSV, and PDF reports are simple to distribute, making this recruiting analytics software ideal for teamwork. Furthermore, the tool's advanced visualization capabilities make it simple to track work performance, predict demand, and evaluate historical margins.

Perks

• You can use this tool to arrange automated reports that get delivered directly to your mailbox.
• It provides heat maps to visualize regional sales performance.
• You can effectively manage performance with the aid of this tool.

Free trial: Available

Subscription Range: On request

G2 rating: 4.2/5 (300 reviews)

Founded In: 2009

Zoho is one of the market's most well-known recruitment analytics tools. Using this platform, you can track the number of qualifying candidates you've received from each source. Moreover, with the help of the Zoho recruit recruitment KPI dashboard, hiring managers can calculate and measure crucial recruiting KPIs such as the required time to fill a position, the offer and acceptance rate, and others. It also assists hiring managers in improving their applicant recruiting procedure.

Perks

• The Zoho recruitment analytics software helps you maximize your return on investment.
• This recruitment analytics platform assists you in determining how your top performers discovered job openings. 
• Its data-driven capability allows you to optimize the potential of each employee.

Free trial: Available

Subscription Range: A monthly premium subscription is $145.

7. Kallidus Recruit

G2 rating: 4.4/5 (12 reviews)

Founded In: 2000

Next up on our list is Kallidus Recruit, a simple, fast, and effective applicant tracking, and recruitment analytics software for in-house recruitment teams. This platform can publish job openings, track prospects, and develop talent pipelines. With this tool, you can gain complete visibility into the recruiting process, from application to onboarding. There's also a valuable data analytics tool that allows you to generate reports on each stage of the hiring process.

Perks

• Kallidus automates your hiring procedure to reduce the time to hire.
• This platform has a robust reporting dashboard to help you streamline your recruitment process. 
• Its ATS dashboard displays ongoing requisitions, available applicants, and closed requests.

Free trial: Available

Subscription Range: Annual subscription is $10000

G2 rating: 3.3/5 (21 reviews)

Founded In: 2007

SmashFly distinguishes itself from competitors in the competitive analytics software landscape. Its streamlined dashboards with clear insights help make better hiring decisions. With SmashFly, you can check the return on investment after every candidate's journey. Also, its predictive analytics feature assists you in assessing the state of your talent pipeline.

Perks

• The talent network forms of this portal allow you to collect data from potential applicants at events or on landing pages. 
• The reporting feature is excellent; it lets you know how a particular post performs. 
• SmashFly offers excellent customer support.

Free trial: Not Available

Subscription Range: Basic subscription is $10,000 per license

G2 rating: 4.3/5 (461 reviews)

Founded In: 2010

As one of the most popular recruitment analytics tools, Smart Recruiters offers talent acquisition teams the data and reporting capabilities they need to make intelligent talent decisions. It enables you to save past recruiting data in your Smart Recruiters data mart. Companies can access helpful information for their hiring process using end-to-end recruitment data analysis and real-time dashboards for managing recruiting data.

Perks

• This tool provides instant access to all candidates’ details, open jobs, and internal reporting and analysis.
• You can also use this software to rapidly and easily export whole data sets for additional analysis in your business.
• Smart Recruiters offers a collaborative candidate management solution that allows you to collaborate with your team members and accelerate the recruiting process.

Free trial: Available

Subscription Range: Annual subscription is $10,000

G2 rating: 4.9/5 (32 reviews) 

Founded In: 2016

The TalentLyft Analytics tools assist hiring teams in determining which campaigns and recruitment marketing approaches are most effective in recruiting talent. This tool provides email campaign performance metrics, conversion monitoring, and historical data analysis. Also, with the help of this recruitment analytics software, you can view top-performing pages, call-to-action effectiveness, and other website analytics data.

Perks

• It generates several pipelines to help you monitor various hiring activities at your organization.
• This software can assist you in analyzing your hiring process for bottlenecks and optimizing candidates’ experience.
• With TalentLyft Analytics, you can review previous hiring initiatives and gain meaningful insights into your hiring strategy, allowing you to modify it appropriately.

Free trial: Available

Subscription Range: Monthly subscription is $199 (15 active jobs) 

G2 rating: 4.4/5 (225 reviews)

Founded In: 2010

It is an AI-powered platform that allows you to reinvent the recruiting funnel from an experience-centric viewpoint, assuring the most significant potential effect. It offers a bot for assisted hiring, which aids in tailoring the experience of all users at each stage of the route. Phenom People's management experience portal offers in-depth recruitment insights, real-time data, insights capabilities, and ROI evaluation capabilities, in addition to its built-in talent analytics elements to accelerate the hiring process.

Perks

• The most beneficial aspect of Phenom TXM is its ability to detect passive candidates and partial recruitment leads.
• This system allows you to run campaigns, contact leads, and remind applicants to submit applications. 
• The post-campaign data of this tool is quite helpful in determining how to calibrate for upcoming campaigns.

Free trial: Not Available

Subscription Range: On request

G2 rating: 4.6/5 (45 reviews)

Founded In: 2017

Pinpoint provides HR departments with the recruitment management solutions and unlimited assistance in attracting job-fit individuals. With this tool's help, you make thoughtful, intelligent selections, allowing you to quickly locate qualified prospects from your applicant pool and spend less time on administrative activities. You can efficiently retain talented onboard applicants using the Pinpoint recruiting analytics tool.

Perks

• Pinpoint has a beautifully designed and very intuitive interface. 
• This tool displays in-depth information about candidates to help you make sound hiring decisions.
• This tool allows hiring managers to track the growth of their talent pipeline and monitor candidates' progress through the hiring process.

Free trial: Available

Subscription Range: Monthly subscription is $1,200 for enterprises

G2 rating: 4.4/5 (303 reviews)

Founded In: 2015

dataPeople, formerly TapRecruit, organizes and augments your recruitment data to assist you in improving critical aspects of your hiring process. This tool's Performance Analytics feature enables you to check who makes it through the end-to-end recruiting process and if there are meaningful cracks.

Perks

• This tool assists you in understanding performance measures from a variety of angles, such as gender representation, job seniority, and job kind.
• This tool can create job descriptions and recruitment emails in minutes.
• This tool enables you to have a comprehensive understanding of each position.

Free trial: Available

Subscription Range: On request

14. iCIMS

G2 rating: 4.1/5 (609 reviews)

Founded In: 2000

The iCIMS Talent Cloud is a comprehensive suite of robust recruiting tools designed to help you attract, engage, employ, and promote the world's finest talent. The tool includes features like text engagement, team integrations, job posting/advertising, and social distribution, which assist recruiters and applicants in accelerating talent acquisition. You can use this tool to gain essential reports and receive a comprehensive understanding of available positions, the best source of hiring, cost per hire, and time to fill.

Perks

• The platform integrates data warehouses and business intelligence tools for large, corporate-wide analysis.
• You can quickly access all the critical information you need to create customizable dashboards and reports.
• iCIMS has tools for every aspect of Talent Acquisition.

Free trial: Not Available

Subscription Range: Monthly subscription is $1700

15. talismatic Recruitment Analytics Tool

G2 rating: 3.3/5 (2 reviews)

Founded In: 1996

talismatic is an AI recruiting platform that equips HR professionals with modern-day technology, such as big data, business intelligence, and statistical analysis. With this recruitment analytics software, you can plan and eliminate the buffer margins often associated with recruiting. This tool also allows you to extract information about your competitors, compare your recruiting results to theirs, evaluate whether your competition is hiring for the same roles as you, and identify any changes in their hiring strategy.

Perks

• talismatic provides the necessary insights to attract top personnel.
• This application gives a complete snapshot of your recruitment performance in a single dashboard.
• With the help of this portal, you get to generate a heat map that depicts talent density by location, allowing you to improve or increase your efforts in those areas.

Free trial: Available

Subscription Range: Monthly subscription is $499

Features Comparison

FAQs 

What is recruitment analytics?

Recruitment analytics is comprehensive data gathered from your hiring processes. Recruiters use it to generate intelligence on your candidate pool to help you make intelligent, data-driven hiring decisions. This analytics enables you to read the plethora of data collected and helps you elevate your hiring practices. 

Using recruitment analytics, you can ascertain the practices that work, the ones that don’t, candidates’ preferences, their motivations, the skills level at your organization benchmarked with the industry level, and more. 

Why is recruitment analytics important?

Recruitment analytics is important because it helps organizations understand where they are losing potential candidates, their hiring funnel, and what sources are providing the most qualified candidates. Additionally, recruitment analytics can help organizations make better, data-driven choices.

What are the sources of data for recruitment channel analytics?

There are a few common data sources for recruitment analytics. This data can come from a variety of sources, such as:

• Pre-employment Testing Analytics
• Applicant Tracking System (ATS)
• Customer Relationship Management (CRM)
• Human Resources Information System (HRIS)
• Candidate Surveys
• Job boards and online job postings data