How cord enabled us to stop using recruitment agencies

"I would recommend cord for efficiency and cost. We finished our recruitment in 3-4 weeks and saved over £50,000"

Rob Tominey on cord
Rob Tominey, CEO at Further

3

direct hires

£50,000

saved in recruitment fees

cord usage

3 direct hires
2 positions
1 user
Greater London

About Further

Further is a B2B software company, working with market-leading venture capital funds who operate in some of the most complicated corners of the venture market. With these partners, they have built a full enterprise operating system for funds and the sector as a whole. Their system, called FundOS, is the operational backbone for their fund customers, enabling them to automate investor onboarding, fund administration and investor reporting, while they focus on what they do best - investing.
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Our Goal

We needed to efficiently connect with high-quality developers who were actively looking for work, without the excessive costs associated with traditional recruiters.

Our Situation

Struggles to Attract Quality, Affordably

As a Seed stage company, hiring high-quality early employees is crucial. We wanted to avoid recruiter fees to enable us to increase our developers’ pay. We used LinkedIn, but the candidate quality has declined. We needed to hire quality, fast.

Using cord
Direct and Efficient Engagement cord allowed us to engage directly with high-quality developers actively seeking employment. Unlike other platforms that often felt impersonal or offered candidates of varying quality, cord bridged the gap, providing the direct contact we desired without sacrificing candidate quality.

High Response Rates Whenever we had open positions, we required them to be filled quickly, so this access to active candidates allowed us to reduce our time to hire and fill our roles efficiently with quality candidates. We experienced an exceptionally high response rate from candidates, approximately 95%.

Finding Relevant Candidates The capability to filter candidates based on specific requirements has been crucial, enabling us to create focused shortlists from a large candidate pool, thereby reducing overall time spent on the platform. It ensured that all the quality candidates we engaged with met our needs.

Quality Inbound Applications Having candidates reach out proactively was a strong indicator of their interest and initiative, which is something we highly value. It reassured us that we were attracting candidates who were not only skilled but also genuinely interested in working with us, thereby increasing the chances of a good fit.

Effortless Interview Coordination The calendar integration enabled candidates to view my calendar and book meetings with me seamlessly. It also facilitated easy sending of interview invites, ensuring a smooth transition from shortlisting to the interview stages.

Our Result

On cord, we made three direct hires within three to four weeks per hire, saved up to 50K in recruitment fees, and enjoyed a 95% positive response rate from candidates.

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