Aquent Scout is a comprehensive and innovative vendor management system (VMS) designed to streamline and optimize the recruitment process for employers. Here’s a detailed overview of what the product does and its key features:
What Aquent Scout Does
Aquent Scout connects employers with a marketplace of search and staffing firms, simplifying the recruitment process through a unified platform. It helps employers manage their recruitment needs more efficiently, focusing on hiring the best talent while controlling costs and ensuring compliance.
Key Features and Functionality
Streamlined Supplier Management
Aquent Scout simplifies interactions with suppliers by handling vendor onboarding, compliance, workflows, and payments. This single workflow, single contract, and single invoice approach reduces administrative burdens, allowing employers to focus on hiring top talent.
Cost Control and Management
The platform provides complete control over recruitment costs, enabling employers to set fees for each job and ensuring competitive pricing. Aquent Scout offers market data to help avoid overspending, and notably, using the platform is free for employers.
Data-Driven Decision Making
Aquent Scout offers robust analytics and benchmarking statistics, including recruitment funnel metrics, yield ratios, and performance ratings for recruiters. This data-driven approach helps employers make informed decisions about their recruitment partners and track their performance effectively.
Integrated Systems and Workflows
The platform integrates seamlessly with leading applicant tracking systems (ATS) such as IBM Kenexa, iCIMS, Oracle Taleo, SAP SuccessFactors, and Workday. This integration ensures a single source of truth for candidate data and enhances the overall candidate experience.
Security and Compliance
Aquent Scout takes security and compliance seriously, utilizing a risk-based approach guided by the NIST Cybersecurity Framework. The platform is certified under Privacy Shield, undergoes SOC 2 audits, and is GDPR compliant. Data is encrypted at rest and in transit via AES 256.
On-Demand Recruiting Network
Employers have access to an exclusive network of hundreds of professional recruiters. This on-demand support allows for broader reach and the ability to fill roles quickly, especially for hard-to-fill positions.
Flexible Recruiter Selection
For each job requisition, employers can choose from their preferred suppliers or use Aquent Scout’s AI to match jobs with the most suitable recruiters. This flexibility ensures maximum coverage and success in filling roles.
Centralized Communications
The platform centralizes all communication with recruiting firms, allowing employers to manage candidate feedback, private Q&As, colleague input, interview coordination, and job announcements in one place.
Powerful Reporting and Metrics
Aquent Scout provides at-a-glance KPIs and detailed reports on top-performing agencies, recruiter performance, spend by job type, and placements by category. The Customer Success Team also offers comprehensive quarterly business reviews and ongoing guidance to optimize results.
Hassle-Free Vendor Onboarding
The platform manages all procurement with existing and future vendors, alleviating the onboarding burden. Vendors complete a brief onboarding survey and agree to Aquent Scout’s terms, streamlining the process and getting suppliers up and running quickly.
By combining these features, Aquent Scout transforms the recruitment process, making it more efficient, cost-effective, and data-driven, ultimately helping employers find and hire the best talent.