Following hopes of Vodafone and LiveHire nurturing a longer-term partnership, the two companies have agreed to a three-year deal.
The LiveHire technology is expected to facilitate the end-to-end sourcing, engagement and talent acquisition process for Vodafone through a platform-based approach.
LiveHire’s platform makes managing the flow of talent into and through businesses seamless, underpinned by a single unified candidate profile and visibility of existing employees.
The new agreement represents an annualised recurring revenue (ARR) of over three times the current average ARR across LiveHire clients, in addition to other non-recurring upfront revenue in the form of implementation and integration fees.
Vodafone’s intention to build a long-term and collaborative relationship with LiveHire is signalled by it committing to a 3-year term (subject to termination rights).
LiveHire considers that the Vodafone enterprise agreement signals significant progression in the company's direct sales strategy and the ability of the direct sales team to solve complex solutions for larger clients.
LiveHire CEO Christy Forest said” "Up to now, LiveHire has been very focused on building a platform and architecture for global scale, to satisfy the most innovative practitioners in the market – recruitment process outsourcing (RPO) firms.
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