Unbiased Review of AcquireTM—Key Features, Alternatives, and More

Founded in Las Vegas almost two decades ago, AcquireTM is a cloud-based software designed to facilitate your entire recruiting experience. The software offers many functionalities to optimize sourcing new talent, tracking applicants, managing interviews, and onboarding new hires within a single platform.

Source: AcquireTM

We’ve reviewed AcquireTM’s essential features, downsides, and pricing so you can make an informed decision about investing in it. If you don’t think that AcquireTM is the right tool for your hiring and budget requirements, don’t worry. We’ll introduce alternatives with top-notch features—such as skill assessments—that might be the right fit for your business.

Key Features of AcquireTM

AcquireTM is a software that provides full support to your hiring team from the start of a hiring cycle to the onboarding stage. Some of the platform’s most prominent features include:

1. Applicant Tracking System (ATS)
2. Reporting & Analytics
3. Background Screening
4. Employee Onboarding
5. Performance Management & Review 

Applicant Tracking System

Creating a job post on AcquireTM is quite straightforward—choose a template from the platform’s job description library and set up your job ad. Once published, AcquireTM will distribute the ad to leading job boards and free hiring platforms, such as Monster, Indeed, and CareerBuilder, as well as social media platforms like LinkedIn, Facebook, and Twitter.

Once you see applications rolling in, AcquireTM’s activity dashboard will provide insight into each applicant’s position in the hiring funnel. The software offers full workflow automation with a comprehensive notification and alerts system as candidates move through the funnel, ensuring you never miss an important deadline or a candidate status update. 

The platform creates candidate records containing resumes, referrals, cover letters, and candidate communication, which can be shared with and easily accessed by any member of your recruiting team. The ATS also facilitates candidate communication by automating specific time-consuming tasks, such as emailing candidates in your funnel. For example, instead of manually sending an interview invite email to every candidate that reaches that stage, all you have to do is click a particular button from the drop-down menu, and the software will do it for you. 

AcquireTM integrates with Microsoft Outlook and Google Calendar, making interview scheduling one click away. Spark Hire is another valuable integration that allows you to conduct interviews and later share the video recordings with your team members, who can leave feedback and impressions. Apart from that, this platform also offers the option of one-way interviews, in which candidates record their answers to a set of interview questions and send them to the recruiters at whatever time they choose. 

Reporting & Analytics

AcquireTM tracks your hiring efforts and provides analytical insight into key hiring metrics, such as the duration of the recruiting cycle and the number of candidates that applied for the position. It also collects Equal Employment Opportunity Commission (EEOC) information and reports on reasons for non-selection. The reports can be filtered using tags, such as recruiter or data range, and then exported in Microsoft Word, Excel, and PDF formats. 

Background Screening  

For proper due diligence procedures during the hiring process, AcquireTM’s background screening option allows you to outsource background checks of your candidates.

Namely, if you want to obtain or check your candidate’s background information, you can use AcquireTM’s screening services. Through integration with its background screening partners, the platform allows you to verify or acquire information on:

• Identity and credit cards
• Social Security number
• Criminal records—multi-state/multi-jurisdiction and federal
• Driving records and DOT
• Sex offender registry
• Job and reference verification
• Drug screening

The screeners will source the information from official registries and safely store the sensitive personal information. Moreover, all the obtained data will appear in the individual applicant records, and you will be notified when it is ready for review. 

Employee Onboarding

AcquireTM utilizes OPENdoor, a secure online web portal that allows you to make any document you need signed available as an e-form, including I-9, W-4, and state-specific tax forms. The portal is user-friendly and time-saving as it facilitates the tracking, management, and execution of the onboarding process.

Apart from that, OPENdoor pre-populates all forms with information from the employee’s record, so they only need to review or fill out any missing fields and approve and e-sign the e-documents.

All signatures and signed documents are stored in AcquireTM’s employee records so you can retrieve and review them at any time. Depending on the job position, you can always produce different onboarding packages and allow access to the employees they were created for.

Performance Management & Review

AcquireTM established a partnership with Performance Pro, an online performance review and employee development tool that allows your employees to have a constant overview of the quality of their work. That way, the software spares your recruiting team of any unnecessary paperwork.

AcquireTM—Downsides?

AcquireTM’s most significant drawback is that it doesn’t offer pre-hire assessments to ensure that you hire the most qualified applicants for the position.

Relying only on background screening and the information the prospect provides has not proven to be the most reliable indicator of their future performance. Only features that test your applicants’ skills will safeguard against making a mistake and hiring a sub-par candidate with a great resume. 

Apart from that, users’ experience with AcquireTM has been generally positive, with only a few reported concerns. Some of them include relatively fewer customization options if you don’t sign up for the most expensive, Enterprise pricing plan. 

AcquireTM—Pricing 

The platform provides three subscription plans, all billed monthly:

• Express—starting at $99
• Professional—starting at $189
• Enterprise—starting at $429

Source: AcquireTM

No matter which subscription plan you choose, AcquireTM offers unlimited job postings and applications on the platform. 

If you opt for the cheapest plan, you’ll have limited features: background screening, complete applicant tracking, and reporting and analytics. Posting on online job boards is charged separately, but you’ll have to contact the support service to get a quote. As it turns out, this plan is suitable for small companies with low hiring volumes that don’t require a complex HR workflow.  

On the other hand, only the most expensive subscription plan provides the complete experience with onboarding, customizable e-forms, and advanced workflow and business process automation. The Enterprise plan might be better suited for medium and large businesses as it unlocks all key features AcquireTM has to offer.

AcquireTM—Integrations

AcquireTM supports several integrations:

1. Indeed
2. LinkedIn Jobs
3. ADP Workforce Now
4. Meta for Business
5. Paycor
6. Paylocity
7. Criteria
8. Spark Hire
9. ADP Vantage HCM
10. Ascentis
11. Microsoft Outlook
12. Google Calendar
13. SimplyHired
14. Monster
15. CareerBuilder
16. Performance Pro

AcquireTM—Customers

AcquireTM collaborates with various companies across different industries. The most prominent ones include:

1. OKC-County Health Department 
2. McElroy
3. Athabasca University
4. Elliott Aviation
5. Swope Health
6. Fujitsu Ten
7. ECMD Design Craftsmanship
8. MYR Group
9. Brainlab
10. Generations Federal Credit Union

Alternatives to AcquireTM

If you’re not ready to commit to AcquireTM just yet and want to look around a bit more, we have reviewed its most prominent competitors that might be a better fit for your business:

Workello vs. AcquireTM

Still not convinced that AcquireTM is the right choice? Do you need a more affordable option with features that will ensure you hire the top 1% of candidates? Maybe it’s time to consider Workello as an alternative and add more valuable features to your hiring process.

Workello is high-volume recruiting software with pre-hire assessments that enables companies to filter through, assess, and hire the top 1% while reducing hiring costs and time-to-hire in half.

The software has a unified dashboard that shows all the candidate information and their status in the hiring funnel. Apart from that, you can send pre-employment tests, assess your candidates, interview them, and send them job offers. 

This platform substantially saves you time as it comes with templated job descriptions, assessments, and emails already written for you. Workello is user-friendly and quick to set up, so you don’t have to worry whether you will find your way around it, even if you have next to no experience with using hiring software.

While AcquireTM locks valuable features, such as employee onboarding and e-signatures, behind the most advanced plan, Workello allows full access to all functionalities with all pricing plans, with the only distinction being the number of assessments you can review—the advanced plan allows up to 300 assessments per year.

AcquireTM vs. Workello: Features and Prices

Here’s a brief comparison of the two platforms:

Conclusion

AcquireTM is a convenient HR tool that stores all the necessary data in one place, includes an applicant tracking system, and facilitates the onboarding process. That way, your hiring team doesn’t have to deal with unnecessary paperwork as they can manage the entire process within the unified platform. The quality of their service is displayed through a large pool of satisfied customers that vouch for AcquireTM. 

However, the software’s major downside is that it offers no pre-hire assessments as Workello does, yet the price is substantially higher. Therefore, companies with limited recruiting budgets might find Workello’s plans a more viable alternative as they are both more affordable and come with more efficient hiring features. Sign up for Workello for free today and hire the top 1% of your applicants while cutting down on your hiring costs and time.