TMP Worldwide Buys Perengo for Automating Recruitment Processes

HR Tech Outlook | Friday, January 03, 2020

The acquisition will help both the organizations in finding the right talent, which will enhance the recruitment process.

FREMONT, CA: TMP Worldwide, a talent acquisition specialist, has acquired Perengo, a programmatic recruitment platform that helps large businesses automate and enhance their recruitment processes. Previously, organizations faced tremendous difficulties in the recruitment process like finding the right candidate for a vacancy or controlling the cost involved in the recruitment process. The talent acquisition market as a whole seeks to move toward workflow automation across all of the applicant's journey steps. With the use of Perengo’s platform, which is a unified platform where employers can manage all of their talent acquisition workflows and related information, TMP is automating the recruitment processes.

The Perengo team has created a pioneering, AI-driven programmatic recruitment platform, with expertise rooted in state-of-the-art advertising tech. By combining the technology of Perengo with the proprietary network intelligence of TMP's TalentBrew platform, the companies will transform the way the organizations serve clients. TMP can now offer end-to-end personalized applicant experiences through an AI-driven multi-channel procurement approach optimized to fulfill every job's quality, effectiveness, and achieve goals timely.

Perengo's acquisition further advances the dedication of TMP to provide customers with the industry's most robust and effective recruitment technology. The combination of ambition and technology differentiation makes them the ideal addition to the team and platform.

TMP and Perengo share the same strategic vision and goals. Together, both the companies are looking forward to accelerating the pace of innovation within the recruitment space.  With Perengo's takeover by TMP, its platform becomes an essential component of the future solution for recruiting TMP to speed up the pace of talent development. 

Perengo is a platform for performance-conscious recruiters to recruit programmatically. High-growth firms and Fortune 500 firms use Perengo to address their recruitment difficulties on a scale. The platform provides alternatives for automation of operational recruitment and strategic company intelligence.

TMP is dedicated to finding new methods to leverage software, strategy, and creativity to create talent and improve the employer brands of customers across all points of association. The organization has revolutionized how businesses and applicants communicate, from healthcare to government to retail to technology and everything in between.

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