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LiveHire wins US deal for job recruitment software

Telecommunication
ASX:LVH      MCAP $5.888M
26 July 2019 00:03 (AEST)

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Talent acquisition software developers LiveHire has entered a partnership with US job recruitment company Bayard.

The deal will see LiveHire supply its talent management program to Bayard’s for use on its clients.

Additionally, Bayard will actively promote LiveHire’s program, which the company says will work to boost its standing in the market. This is expected to lead to increased brand recognition and sales in America.

Bayard, whose HQ is in New York, has operations in 17 countries.

The US company specialises in services including branding, design, metrics, recruitment and engagement with a focus on being technologically forward.

Bayard will receive a commission for clients they turn into paid customers for LiveHire.

According to the company the partnership is strategic as Bayard’s “brand, market share and extensive reach” is in line with LiveHire’s target customers base. With global expansion a main focus for the LiveHire.

LiveHire stated the specific financial impact the partnership will have is still undeterminable at this stage.

Both parties may leave the agreement with 30 days notice.

LiveHire’s current clients include Vodafone, iSelect and SKG Radiology.

LiveHire’s share price is down four per cent at today’s close, currently sitting at $0.36 per share.

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