Scots recruitment software innovator eTalent has begun its overseas expansion with the appointment of Dublin-based Venture Financial Recruitment as its Ireland Distributor in a two-year £200k+ deal.
Edinburgh-headquartered eTalent offers a unique AI-driven web platform to use bespoke psychometric assessments of job applicants to identify the most suitable people for interview in minutes, eliminating time wasted on screening CVs and unproductive interviews.
It was founded by Nik Plevan in 2009 and has a number of long-term clients including packing giant Smurfit Kappa and several holders of Costa Coffee franchises.
It’s just signed its first overseas expansion deal by appointing Dublin-based Venture Financial Recruitment as its Distributor for the Island of Ireland for an initial period of two years.
eTalent will get a 50% revenue share, reducing to 30% as it increases, making the deal expected to be worth more £100,000 a year to eTalent.
The deal came about after Nik met Venture Financial Recruitment Principal Partner Dan McKeown via IPTER, an International BNI PowerTeam networking meeting.
Dan has more than 15 years’ professional services recruitment experience in Ireland, mainly focused on financial recruitment including accounting, taxation, risk, commercial finance and audit. He helped set up the Irish office for Marks Sattin in 2008 and, despite the multiple financial crises of the time, managed to achieve strong year-on-year growth for seven years.
Dan set up Venture Financial Recruitment in 2015 to offer a tailored recruitment partnership to finance teams inside leading multinational businesses. Its clients span financial services, wider industry blue-chips and consulting firms.
Speaking about the deal, Nik Plevan said: “We’re delighted to be bringing the benefits of eTalent to Irish businesses in our first overseas expansion. We felt it was best to do this via a licenced distributor as a local company has local knowledge and contacts which are essential in this business. I’m very confident Dan and Venture will create a strong presence for eTalent in the Republic and Northern Ireland.”
Dan McKeown said: “I am very excited to be bringing eTalent to Ireland as this software is truly disruptive in offering job advertising, candidate screening and psychometric testing all in one package.
“What eTalent offers is a genuine solution for clients facing volume recruitment. Where companies have multiple junior to mid-level vacancies in a calendar year, eTalent offers the tools to screen, review and test applications and leave the end user with a shortlist of recommended candidates for interview in minutes via a simple online dashboard.
“The hiring manager can see more information by clicking on any candidate, including testing results, answers to specific questions and personality traits.
“All this at a fraction of the price a recruitment agency would charge makes it a brilliant offering for large corporates or SMEs alike as the software can be bought on a one-off job basis, as a bundle of job vacancies or as an annual subscription for companies hiring more than five staff in a year.”