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Covey Scout

AI-powered recruiting platform for 80% cost savings

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April 28, 2023

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Covey Scout

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AI-powered recruiting platform for 80% cost savings

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Overview Discussion

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Overview

Covey is a talent relationship management platform designed for recruiting teams to streamline their recruitment process. The platform leverage artificial intelligence to help recruiters increase accuracy in sourcing, reaching out to candidates, and measure progress while reducing costs.

The tool comes in two packages, the Covey CRM Starter and Covey CRM Enterprise, both of which integrate with existing ATS and CRM for easy management of an organization's recruitment pipeline.

Covey Scout, one of the features of the platform, uses powerful AI to evaluate candidate's profile against a company's pre-defined evaluation criteria.

Covey Scout can also identify candidates that match specific job roles and recommend them to recruiters. With Covey's customizable role specifications, recruiters can tailor the recruitment process to fit the organization's specific needs.

The platform also provides a range of analytics to keep recruiters informed, including tracking progress of DEI programs. Additionally, Covey offers an employee referral system that enables companies to tap into their co-workers network to bring in top-talents that fit their company values.

Covey has empowered many organizations to unlock the full potential of their recruitment process and high return on investment.

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March 29, 2023

Initial release of Covey Scout.

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Pros and Cons

Pros

Automates recruitment pipeline

Increased accuracy in sourcing

Accurate candidate outreach

Measures recruitment progress

Reduces recruitment costs

Integrations with existing ATS

Integrations with existing CRM

Customizable role specifications

Advanced analytics capabilities

Tracks DEI program progress

Employee referral system

Tailors recruitment to organization's needs

Identifies role-specific candidates

Multitouch sequence and automation

Personalized candidate outreach

Unlimited email finding

Advanced CRM for candidate tracking

1:1 onboarding

Priority support

Dedicated Slack channel

Lowered cost-per-hire

Increased speed to close candidates

Visualize and generate reports

Saves time in candidate evaluation

Helps tap into coworker networks

Helps organize candidate relationships

Automated candidate engagement

One-click candidate sourcing

Describes evaluation criteria in plain language

Bot-trained candidate evaluation

View 25 more pros

Cons

No free trial offered

CRM Starter limitations

Unclear Enterprise package pricing

Limited outreach automation

Unspecified ATS compatibility

Costly for smaller businesses

No round-the-clock support

Potential GDPR issues

Lacks third party integration

Customizable sophistication may confuse novice users

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Q&A

How does Covey Scout streamline the recruitment process?

Covey Scout streamlines the recruitment process by using powerful AI to evaluate candidate's profiles against a company's predefined evaluation criteria. It speeds up the sourcing process by identifying candidates that match specific job roles and recommends them to recruiters. Furthermore, it offers customizable role specifications so recruiters can tailor the process according to the organization's specific needs.

What specific features does Covey Scout offer for job recruitment?

Covey Scout offers a wide range of features for job recruitment. These include AI-powered sourcing and reach out to candidates, tracking progress of DEI programs, an employee referral system, customizable role specification where recruiters can define the evaluation criteria and role specifics., and extensive analytics to track and measure recruitment outcomes.

How does the AI in Covey Scout help in sourcing candidates?

The AI in Covey Scout helps in sourcing candidates by evaluating their profiles against the company's pre-defined evaluation criteria. This ensures efficient and automatic sourcing of the most suitable candidates, In addition, the AI can identify and recommend candidates that match specific job roles.

What are the differences between the Covey CRM Starter and Covey CRM Enterprise packages?

The two main packages offered by Covey are Covey CRM Starter and Covey CRM Enterprise. The Starter package includes unlimited email finding, personalized candidate outreach, and basic CRM for candidate pipeline tracking. The Enterprise package includes everything in the Starter package, plus priority support, 1:1 onboarding, a dedicated Slack channel, employee referral tools, and advanced analytics.

Can Covey Scout integrate with existing ATS and CRM systems?

Yes, Covey Scout can integrate with existing Applicant Tracking Systems (ATS) and Customer Relationship Management (CRM) systems. This allows for easy management of the recruitment pipeline in an organization.

How does Covey Scout evaluate candidates' profiles?

Covey Scout evaluates candidate's profiles through its powerful AI. The AI analyses each candidate's profile based on pre-defined evaluation criteria set by the company. This ensures a thorough and consistent evaluation of all candidates.

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What does it mean to customize role specifications in Covey Scout?

Customizing role specifications in Covey Scout involves tailoring the recruitment process to fit an organization's specific needs by defining unique parameters and expectations for a job role. This flexibility ensures the recruitment process accurately targets candidates suited to the specific role.

What kind of analytics does Covey Scout provide?

Covey Scout provides comprehensive analytics for recruiters. It tracks progress of Diversity, Equity, and Inclusion (DEI) programs. It assists the recruiters with visualizing and generating reporting charts which can be easily shared within the team, It also provides insights and metrics on recruitment processes, such as hiring rates, candidate sources, cost per hire, etc.

How does the employee referral system in Covey Scout work?

The employee referral system in Covey Scout helps companies harness the power of their employees' networks. This tool encourages existing workers to highlight their network connections who are potential top talents and fit the company values. Covey Scout then engages these candidates, expanding the company's talent pool.

What kind of return on investment can I expect with Covey Scout?

Covey Scout has been proven to provide a high return on investment for organizations. This includes not only significant cost savings in the recruitment process but also improved efficiency, the ability to source more accurately with AI and outreach, and progress measurement capabilities.

Can Covey Scout identify and recommend candidates that match specific job roles?

Yes, Covey Scout can identify and recommend candidates that match specific job roles. The AI platform evaluates candidate's profiles against a company's pre-defined evaluation criteria and job role requirements.

What progress can be measured using Covey Scout?

Progress that can be measured using Covey Scout includes tracking the progress of Diversity, Equity, and Inclusion (DEI) programs, monitoring the number of sourced and reached-out candidates, and evaluating candidate profiles against the company's evaluation criteria.

How does Covey Scout's AI analyze a candidate's profile against the company's criteria?

Covey Scout's AI analyzes a candidate's profile against the company's criteria by sifting through the information in the applicant's profile, The AI works by understanding the nuances in descriptions and then aligning the analysed information with the predefined evaluation criteria. This enable it to determine the suitability of a candidate for a specific role early on, reducing the time recruiters need to spend on manual evaluations.

How does Covey Scout help companies tap into their co-workers network to hire top-talents?

Covey Scout's employee referral system helps companies tap into their co-workers network. It allows employees to highlight network connections who are top talents and good fits for the company. Covey Scout then automatically reaches out to these identified connections, leveraging the power of employee networks for sourcing.

Is there a demo available for Covey Scout?

Yes, a demo is available for Covey Scout to help potential users understand its features and determine its suitability for their business needs. The demo can be easily scheduled through their website.

What pricing packages does Covey Scout offer?

Covey Scout offers two main pricing packages: the Covey CRM Starter, which costs $125 per user per month, and the Covey CRM Enterprise, the pricing details of which can be obtained by getting in touch with their sales team.

How does Covey Scout's AI work with the recruiting team to source and engage candidates?

Covey Scout's AI works with the recruiting team to source and engage candidates by automating several key aspects of the recruitment process. Once the recruiting team has defined evaluation criteria and role specifics, the AI evaluates candidate profiles based on the criteria, identifies those who match specific job roles and engages them through personalized messaging.

How does Covey Scout's sequence feature work in the recruitment pipeline?

Covey Scout's sequence feature works in the recruitment pipeline by automating candidate outreach. Once the sequence is set up, Covey Scout finds the emails of the candidates and sets up personalized messages to engage them, following up at the set cadence if there is no reply. This ensures consistent communication and saves time.

How effective is Covey Scout's AI in finding top talents for the company?

Covey Scout's AI is highly effective in finding top talents for the organization. By understanding the specific nuances of the assigned evaluation criteria and role specifics, it identifies and recommends the most suitable candidates, thus driving a higher quality of talent sourcing.

Can Covey Scout help in hiring for specific roles in the tech industry?

Yes, Covey Scout can help in hiring specific roles in the tech industry. With the capability of fine-tuning the recruitment process with the help of customizable role specifications, Covey Scout can evaluate candidates based on specific needs of roles such as developers, engineers, CTOs, or other tech-related positions.

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