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exacthire

lightning_bolt Market Research

ExactHire - Comprehensive Analysis Report



Summary


ExactHire is an HR technology company, established in 2007, that specializes in software solutions and professional services to streamline hiring and onboarding processes for growing organizations. The company's mission is to empower businesses to attract, hire, and retain top talent efficiently by combining powerful software with personalized support from SHRM-certified hiring strategists. ExactHire aims to optimize recruitment and onboarding, offering a unified alternative to disconnected tools. Founded by two veterans of the HR and hiring industry, ExactHire operates as a privately held organization. They distinguish themselves by providing a blend of robust software and personalized, US-based strategic support, aiming to improve hiring outcomes and core business metrics for small to mid-sized organizations.

1. Strategic Focus & Objectives


Core Objectives


ExactHire's core objectives revolve around providing comprehensive hiring solutions that cover the entire recruitment and onboarding lifecycle. These objectives include:
  • Attracting qualified candidates for clients.

  • Improving job post visibility across various platforms.

  • Streamlining application processes for efficiency.

  • Enhancing candidate communication throughout the hiring journey.

  • Ensuring a smooth and entirely digital employee onboarding experience.


Specialization Areas


The company specializes in:
  • Applicant Tracking Systems (ATS): A centralized platform for managing job postings, applicant screening, candidate communication, and the overall hiring pipeline.

  • Full-Service Hiring Support: A unique offering where ExactHire's team assists clients with job ad writing, job board distribution, applicant screening, and early-stage candidate vetting.

  • Employee Onboarding Software (OnboardCentric): A digital solution designed to replace paper-based processes with automated workflows, e-signatures, and compliance features like E-Verify integration.

ExactHire’s unique value proposition lies in combining robust, intuitive software with personalized, US-based support from SHRM-certified hiring strategists, differentiating them from competitors that may offer minimal service or impersonal call centers.

Target Markets


ExactHire primarily targets small to mid-sized organizations with a need to hire at least 10 people annually, whether due to growth or turnover. The company is particularly suited for employers with a high volume of hourly job openings. Their client base spans various industries including:
  • Retail

  • Restaurant

  • Healthcare

  • Manufacturing

  • Nonprofit organizations

  • Financial organizations

  • Tech

  • Legal

  • Commercial property

  • Logistics and distribution

  • Hospitality


2. Financial Overview


Funding History


ExactHire is a privately held company that has grown without the involvement or assistance of outside investors or venture capital. While specific financial reporting for privately held companies is not public, estimates place ExactHire's revenue in the range of $10M-$25M.

3. Product Pipeline


ExactHire continuously enhances its software solutions with regular updates and new features. Recent developments focus on improving communication, reporting, and integration capabilities:
  • Customized Communication Templates: Enhanced capability to create and send customized messages to applicants for event invitations or confirmations using the Calendar (Cronofy) tool. This feature was updated on March 18, 2026.

  • New Job Reports: Addition of new reports to help users understand the history of job statuses and the duration jobs spend in "Active Status," with various filter options for customization. This update occurred on March 12, 2026.

  • Offer Letter Feature: Introduction of an electronic Offer Letter feature, enabling creation, information input, and e-signatures by both users and applicants. Existing PDF offer letter content can be converted into templates within ExactHire, and an "Offers" area is provided to track and manage all offers. This feature was added on January 6, 2026.

  • Calendar Integration with Scheduling Link: Implementation of a self-scheduling link feature that can be shared with applicants, integrating with user calendars for simplified interview scheduling. This feature was released on October 6, 2025.

  • Checkr Integration: Partnership and integration with Checkr, allowing users to connect existing accounts or create new ones within ExactHire for comprehensive background screening capabilities. This integration was rolled out on July 21, 2025.

  • Career Site Customization: Users with specific role permissions can now edit their career site using the Career Site Editor tool to change ATS branding and external/internal career site content as needed. This feature was implemented on July 9, 2025.

  • Ungrouping of Duplicate Applications: Duplicate applications submitted by an applicant for the same job are now ungrouped, making it easier for users to identify and manage individual applications.


4. Technology & Innovation


Technology Stack


ExactHire provides a cloud-based Software-as-a-Service (SaaS) platform for its hiring solutions. The company emphasizes continuous improvements and feature updates to its SaaS offerings.

Proprietary Developments


ExactHire's technological distinctiveness is built upon several proprietary technologies and methodologies:
  • Applicant Tracking System (ATS): A central platform for job posting, applicant screening, candidate communication, and pipeline management. It automatically syncs jobs to over 25,000 job boards, including Indeed (where ExactHire is an Indeed Platinum Partner), LinkedIn, ZipRecruiter, and Google for Jobs.

  • AI Scoring Core: Utilizes AI and requirement-based scoring to instantly identify top candidates by ranking them based on screening responses and resume data (1-100). The system highlights candidates with high skill alignment (e.g., 98% skill alignment) and can surface cognitive and behavioral insights through direct integration with Predictive Index (PI).

  • Unified Messaging Hub: Consolidates all email and text (SMS) communication directly within the ExactHire platform, logging every interaction in one thread tied to the candidate record for efficient team collaboration and faster response times. It supports unlimited text recruiting and customizable message templates.

  • Employee Onboarding Software (OnboardCentric): A digital-first solution that automates workflows, offers e-signatures for W-4s, I-9s, and handbooks, provides automatic E-Verify integration, and secures document storage for a paperless onboarding experience.

  • Customizable Workflows and Reporting: The platform offers customizable recruitment pipelines, multiple employment application templates, and robust analytics tools and dashboards for tracking recruitment performance, applicant sources, and compliance reporting (e.g., Affirmative Action).

  • Mobile Responsiveness: The platform is designed for mobile job seekers and offers a responsive admin workspace for hiring teams, ensuring a mobile-friendly application process and administrative experience.


5. Leadership & Management


Executive Team


ExactHire's leadership team brings extensive experience in human resources, technology, and business management.
  • Harlan M. Schafir: CVO, Co-Founder. With over 39 years of Human Resource and Business Management experience, including 19+ years in the PEO industry, Harlan founded Professional Staff Management in 1991 and served as COO of Fortune Diversified Industries. He holds an Accounting degree from the University of South Florida.

  • Allen Edwards: President & Chief Technology Officer. Allen is instrumental in defining the company's strategic direction, particularly in technology and product development.

  • Randi Renee Doerr, SPHR, SHRM-SCP: Chief People Officer & VP of Client Success. Randi plays a crucial role in ensuring client satisfaction and aligning product development with client needs, leveraging her HR expertise.

  • Liza Galliher: Sales Director.

  • Chantel Hatch, SHRM-CP: Client Success Director.

  • Kathleen Anderson, SHRM-CP: Client Success Manager.

  • Cody Payne: Developer.

  • Andrew Taylor: Developer.


Recent Leadership Changes


There are no publicly documented recent leadership changes beyond the established executive team.

6. Talent and Growth Indicators


Hiring Trends and Workforce


ExactHire operates with a team size of approximately 11-50 employees. The company promotes a completely remote work environment, emphasizing trust and mutual respect among its team members.

Employee sentiment for ExactHire generally reflects high satisfaction with its user-friendly interface, robust features (particularly applicant tracking and onboarding), and strong customer support. Users frequently commend the ease of use, efficient automation of hiring tasks, and mobile-friendly capabilities. The personalized, 1-on-1 customer support is consistently highlighted as timely and tailored to specific client needs. While some feedback suggests the desire for more direct integrations with platforms like LinkedIn (beyond organic feeds) and notes the pricing might be higher than some competitors, overall user satisfaction is rated "great" with an 86% satisfaction rating based on various software review sites.

ExactHire's content indicates an awareness and adaptation to broader industry hiring trends, which likely shape their internal recruitment and client offerings. These trends include:
  • Skills-based hiring: A shift towards evaluating candidates based on their abilities and competencies rather than traditional credentials.

  • Diversity, Equity, Inclusion, and Belonging (DEIB): Increased importance placed on DEIB initiatives for attracting and retaining top talent.

  • Flexible work arrangements: The growing preference for remote and hybrid work models.

  • Career development and growth opportunities: Candidates' increasing demand for roles that offer learning and upward mobility.


7. Social Media Presence and Engagement


Digital Footprint


ExactHire maintains an active social media presence across platforms such as LinkedIn, Facebook, Instagram, and X (formerly Twitter). The company leverages these channels for employer branding, sharing job postings, and disseminating thought leadership content related to HR management, hiring trends, and workforce development.

ExactHire actively advocates for and integrates social media engagement into its recruitment strategies. They advise businesses to maintain complete social media profiles, engage daily, and interact beyond just recruiting to build a following. Their strategy includes promoting job listings with relevant hashtags and using social tools to reach passive candidates. ExactHire's ATS includes features that automatically push job postings to corporate social media platforms (like Facebook and Twitter) and allows applicants to share listings with their networks. The company focuses on communicating an authentic employer brand, sharing employee testimonials, and consistently providing valuable content to its small to medium-sized business (SMB) audience.

8. Recognition and Awards


Industry Recognition


ExactHire is an Indeed Platinum Partner, indicating a significant level of integration and expertise with Indeed's job advertising platform.

ExactHire's platform and customer service consistently receive positive reviews on software review sites, with users praising ease of use, functionality, and dedicated support. For example, a customer with over 50 retail locations lauded ExactHire for enabling multiple manager accounts, mass emails, unlimited postings, and tailored 1-on-1 customer support. Another user, transitioning from a previous employer, promptly implemented ExactHire at their new company due to its time-saving and user-friendly nature. The company maintains a 92% customer satisfaction rate for its solutions, with 100% US-based support.

9. Competitive Analysis


Major Competitors


The HR technology market is highly competitive, with ExactHire positioned alongside a variety of providers offering applicant tracking and talent management solutions. Key competitors include:
  • Greenhouse: A comprehensive hiring platform recognized for structured hiring and data-driven decisions, offering ATS and CRM functionalities.

  • Jobvite: A recruiting software platform known for applicant tracking, sourcing, social recruiting, and recruiting analytics, built for complex, high-volume enterprise hiring.

  • ClearCompany: Offers a unified talent management platform encompassing ATS, onboarding, performance management, and engagement, designed for various industries like healthcare, retail, and manufacturing.

  • Paycor Recruiting: Part of a broader human resources, payroll, and benefits administration solution, offering user-friendly interfaces and robust reporting in its recruiting module. Paycor also partners with JobTarget to streamline candidate sourcing.

  • JazzHR: Specializes in user-friendly applicant tracking systems designed for efficient hiring.

  • Mitratech: A global leader in legal, risk, compliance, and HR technology with solutions across the employee lifecycle.

  • HR Unlimited, Inc. and Tesseon: Other HR solution providers mentioned in the competitive landscape.

  • Breezy HR: An intuitive and affordable ATS known for its user-friendly interface and customizable recruitment workflows, simplifying job postings and candidate management.

  • folk: Another provider of applicant tracking and HR software.

  • iCIMS: A major ATS vendor leveraging AI across the talent acquisition journey, including sourcing, engagement, and hiring workflows, with a significant market share.

  • Paycom: Integrates AI into its ATS to automate recruitment steps like job description generation, resume parsing, and onboarding, all within a unified platform.


These competitors often provide robust ATS features, onboarding solutions, and various integrations, catering to different market segments from small businesses to large enterprises. The competitive landscape underscores the importance of user-friendliness, strong customer support, efficient automation, and comprehensive features.

10. Market Analysis


Market Overview


The HR technology market is experiencing significant growth, driven by a strong demand for solutions that streamline recruitment, enhance the candidate experience, and improve employee onboarding. The global Applicant Tracking Systems software market alone is projected to reach $3.6 billion by 2029, growing from $2.5 billion in 2024 at a compound annual growth rate of 7.6%. This growth indicates an increasing adoption of ATS by small and medium-sized businesses to effectively compete for talent.

Growth Potential


The market shows substantial growth potential, influenced by:
  • Technological Adoption: Companies are increasingly embracing new HR technologies for efficiency and to appear employee-centric.

  • Automation and Efficiency: Strong drive to automate cumbersome HR processes to reduce time-to-fill, cut costs, and enable HR professionals to focus on strategic initiatives.


Key Market Trends


Several key trends are shaping the HR technology market:
  • Skills-Based Hiring: A prominent shift towards evaluating candidates based on specific abilities and competencies rather than traditional credentials. In 2024, 81% of employers utilized some form of skills-based hiring, with 95% expecting it to become the dominant method, broadening talent pools and improving diversity.

  • Focus on Diversity, Equity, Inclusion, and Belonging (DEIB): Job seekers are increasingly scrutinizing potential employers' DEIB initiatives, making a transparent position on these values critical for attracting top talent.

  • Flexible Work Environments: The growing preference for remote and hybrid work models continues, necessitating adaptable hiring strategies and flexible schedules.

  • Career Development and Growth Opportunities: Candidates are actively seeking roles that offer avenues for additional learning and upward mobility.

  • Talent Shortages: Many industries continue to face talent scarcity, making efficient hiring solutions crucial.

  • Importance of Employer Branding: Companies recognize the need to communicate their culture and commitment to prospective employees through authentic employer branding, especially via social media.


Market Challenges and Opportunities


Challenges:
  • Intense market competition from both established and emerging HR tech providers.

  • The need to continually adapt to rapid technological advancements and evolving HR best practices.

  • Balancing comprehensive feature sets with user-friendliness and cost-effectiveness for SMBs.


Opportunities:
  • Expanding market share in underserved small to mid-sized business (SMB) segments by offering high-touch, personalized support combined with robust software.

  • Further integrating AI and machine learning to constantly improve candidate matching, screening, and overall recruitment efficiency.

  • Developing specialized solutions for industries that experience high turnover or have unique hiring needs (e.g., retail, healthcare).

  • Leveraging strong customer satisfaction and positive word-of-mouth to drive growth.


11. Strategic Partnerships


ExactHire actively engages in strategic collaborations to strengthen its market position and expand its capabilities:
  • JobTarget Partnership: In August 2021, ExactHire partnered with JobTarget, one of the largest job advertising platforms. This collaboration makes JobTarget's products, including its Job Site Marketplace and programmatic job posting solution, available through ExactHire's ATS. The partnership aims to provide effective and efficient recruitment advertising for ExactHire clients, freeing them from the manual work of analyzing and managing each job posting.

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