What is Loxo?

Loxo is an AI-powered Talent Intelligence Platform designed to streamline the entire recruitment workflow. It combines various recruitment tools, such as Applicant Tracking Systems (ATS), Customer Relationship Management (CRM), sourcing tools, and data analytics into a single, easy-to-use platform. With Loxo, recruiters can simplify their workflows, reduce costs, and significantly improve their performance by eliminating the need for multiple separate tools.

The platform is built to address the common pain points faced by recruiters, such as wasted time, effort, and money due to the clunky and disconnected nature of traditional recruitment processes. Loxo aims to transform the way recruiters engage with candidates, manage their pipelines, and analyze their performance.

Features

Loxo offers a wide range of features that cater to the needs of recruiters, making it a comprehensive solution for talent acquisition. Some of the key features include:

1. Unified Platform

Loxo integrates multiple recruitment functions into one platform, allowing users to manage their entire recruitment workflow without switching between different tools.

2. AI-Powered Sourcing

• Loxo Source: Access to a vast talent directory of over 1.2 billion professionals with hyper-specific filters and AI assistance to find the best-fit candidates quickly.
• Verified Contact Information: Recruiters can access a database of 800 million verified emails and phone numbers to bypass traditional inMail methods.

3. Candidate Engagement

• Automated Campaigns: Candidates can be added to multi-channel outreach sequences based on their pipeline stage, significantly reducing the time spent on engagement.
• Activity Logging: All candidate interactions, including emails and calls, are automatically logged in the platform, ensuring that no details are missed.

4. Pipeline Management

• Drag & Drop Functionality: Easily move candidates through various stages of the recruitment process with a simple drag-and-drop interface.
• Bird's Eye View: A comprehensive overview of the entire talent pool, allowing recruiters to monitor all candidates across every stage and job in one place.

5. Performance Tracking

• Real-Time Insights: Access to easy-to-understand reports and dashboards that provide key metrics and performance indicators, helping recruiters make data-driven decisions.
• Forecasting: Visibility into what actions contribute to a healthy pipeline, enabling recruiters to double down on winning behaviors.

6. Business Development Integration

• Sales CRM for Recruiters: A dedicated CRM built specifically for recruitment, enabling users to manage business development and customer relationships alongside the recruitment process.

7. Customization and Scalability

• Infinite Customization: Loxo is designed to be adaptable to various recruitment needs, whether for in-house hiring, executive search, or staffing agencies.
• Integration Library: Over 100 software integrations available, allowing Loxo to fit seamlessly into existing workflows.

Use Cases

Loxo is suitable for a variety of recruitment scenarios, making it a versatile tool for different types of organizations. Here are some common use cases:

1. In-House Recruitment

For companies looking to streamline their internal hiring processes, Loxo provides a centralized platform to manage job postings, candidate pipelines, and performance analytics, ensuring that in-house recruiters can find the best talent efficiently.

2. Executive Search Firms

Executive search firms can leverage Loxo's extensive talent directory and AI-powered sourcing capabilities to identify top-level candidates quickly and effectively, while also managing client relationships through its integrated CRM.

3. Staffing Agencies

Staffing agencies benefit from Loxo's ability to manage high volumes of candidates and clients simultaneously. The platform’s automated engagement features help agencies maintain communication with candidates and clients without overwhelming their recruiters.

4. Recruitment Process Outsourcing (RPO)

For organizations that outsource their recruitment processes, Loxo offers a comprehensive solution to manage multiple clients and their unique hiring needs, all within a single platform.

5. High-Volume Hiring

Companies experiencing rapid growth or seasonal hiring can utilize Loxo’s automation features to significantly reduce time-to-hire and manage large candidate pools effectively.

Pricing

While specific pricing details for Loxo may vary based on the needs of the organization and the features selected, the platform typically offers a free trial for new users to explore its functionalities. After the trial period, pricing plans may be customized based on the number of users and specific requirements of the organization.

For organizations considering Loxo, it is recommended to book a demo to understand the platform's capabilities and how it can be tailored to meet their recruitment needs.

Comparison with Other Tools

Loxo stands out in the crowded recruitment technology landscape due to its unique combination of features and integration capabilities. Here’s how it compares with other recruitment tools:

1. All-in-One Solution

Unlike traditional ATS or CRM systems that focus on specific aspects of recruitment, Loxo combines multiple functionalities into one platform, reducing the need for several subscriptions and streamlining workflows.

2. AI-Powered Features

Loxo’s AI-driven sourcing and candidate engagement features provide a competitive edge over other recruitment tools that may not offer such advanced capabilities.

3. User Experience

The intuitive interface and drag-and-drop functionality make Loxo easier to use compared to more complex systems that require extensive training.

4. Cost Efficiency

With Loxo, organizations can significantly reduce their total tech costs by consolidating multiple tools into one, resulting in an 83% reduction in overall technology expenses.

5. Customization and Scalability

While many recruitment tools offer limited customization, Loxo is designed to adapt to various recruitment needs, making it suitable for a wide range of industries and hiring scenarios.

FAQ

1. What types of organizations can benefit from Loxo?

Loxo is suitable for in-house recruiters, executive search firms, staffing agencies, RPOs, and companies engaged in high-volume hiring. Its versatility makes it adaptable to various recruitment needs.

2. How does Loxo improve the recruitment process?

By combining multiple recruitment functions into one platform, automating candidate engagement, and providing real-time analytics, Loxo reduces time-to-hire, improves candidate experience, and enhances overall recruitment efficiency.

3. Is Loxo easy to use?

Yes, Loxo is designed with user experience in mind, featuring an intuitive interface and drag-and-drop functionalities that make it easy for recruiters to navigate and manage their workflows.

4. Can Loxo integrate with other software?

Yes, Loxo offers over 100 software integrations, allowing organizations to connect the platform with their existing tools and systems seamlessly.

5. Is there a free trial available?

Yes, Loxo typically offers a free trial for new users to explore the platform's features and functionalities before committing to a paid plan.

6. How does Loxo ensure data security?

Loxo prioritizes data security and follows industry standards to protect user data and ensure compliance with relevant regulations.

In summary, Loxo is a powerful and comprehensive recruitment tool that addresses the common challenges faced by recruiters. Its all-in-one platform, AI-powered features, and user-friendly design make it an ideal choice for organizations looking to optimize their recruitment processes and improve overall performance.