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Bullhorn, the global provider of online recruitment software, said that 2011 had been a “record breaking year” as the firm’s core applicant tracking system and customer relationship management platform saw a +40% increase of revenues. The firm also said that Bullhorn Reach, the social recruiting tool, has been adopted by more than 35,000 recruiters since its February launch which now “makes it one of the fastest-growing applications in recruitment software history.”
Peter Linas, Managing Director for EMEA said, “Bullhorn went from strength to strength in 2011 with the official launch of Bullhorn Reach for recruiters and the further industry adoption of our core recruitment platform by some major UK and European recruitment agencies. Our customers can look forward to benefiting from several core platform upgrades this year, as Bullhorn continues to solidify itself as the recruiter’s software of choice.”
The firm has heavily invested in software innovation in 2011 and redesigned its candidate search in order to improve speed and allow recruiters to target their search more efficiently. A new, touch-enabled Bullhorn Mobile app has also been designed for recruiters, enabling them to carry out their search while “on the go”.
It was also announced that the firm had expanded its client base, which in Asia-Pacific increased by +150%. The introduction of Bullhorn Marketplace powered a “234% leap in client usage and further establishing adoption of the Bullhorn platform.”
Mr Linas said, “We expect to reach a significant customer milestone in the third quarter of 2012 with some large signings in the pipeline. We also anticipate the Bullhorn Reach user base to continue to expand rapidly as more agencies look to properly leverage the power of social media in recruitment.”
In 2011, the firm increased its EMEA headcount by +200%. In the year the company was also able to secure its status as the first recruitment industry supplier to achieve Recruitment Practice Standard Level 1, accredited by the UK Association of Professional Staffing Companies (APSCo).